Oh btw #[3] while I have your attention:
Fedimint != Cashu
Both are Ecash systems on Bitcoin, different target applications, different architectures, different complexities and risks, we love each other, etc.
Bitcoiners taking over ecash from now on 🤙
And thank you for that beautiful read from yesterday. I'm a big fan (seriously)!
Thanks for the thread & being a great example of our Cypherpunk mutha fuck’n future 🤣
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Oh shit I didn’t realize this. I legit thought Cashu was just the Fedimint design with a wallet branded name. What’s the major difference between the 2 and was there a reason you are doing it in a different way?
ie. Are there specific benefits to Cashu in development difficulty or features?
Good question 🙋♀️
Fedimint is federated (meaning the ecash mechanics and the on-chain multisig), Cashu is always a single mint operator with LIghtning channels. Both are custodial in that sense. However, the rugpull risk is reduced in a federated model but it's also (often a lot) harder to implement.
Cashu is more about the protocol itself. We're writing libraries in different programming languages and we have Python, Golang, JavaScript and Typescript so far. The goal is to design a simple ecash protocol that everyone can easily implement into their custodial Bitcoin application and benefit from the ecash protocol (near-perfect privacy and other benefits).
The first few examples so far are running a mint in LNbits, the Python wallet (https://github.com/cashubtc/cashu), cashu.me, nutstash.app, redeem.cashu.me, https://www.gandlaf.com/faucet/anarchy and soon more.
More info at cashu.space and https://github.com/cashubtc
