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Isn’t Lightning required to have pegs into and out of Bitcoin? I think they’re saying that ecash has no such guarantees. And, arguably, there is incentive to become a fractional ecash mint.
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boston wine 1y ago

Self-custody Lightning is tied to an on-chain UTXO, yes.

But a custodial Lightning provider could just as easily create “paper sats” as an eCash mint could.

Bitcoin eCash doesn’t purport to solve everything. It’s still custodial,z many of t

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