Q: Will there be one big Cashu mint that everybody uses?
A: No. Many websites, services, exchanges, wallets, mining pools, financial applications are going to run their own mints and offer vastly improved versions of their already existing products and they will develop new services enabled by the properties of ecash. We're building the infrastructure for that based on an open protocol.
Every balance in every app that isn't non-custodial Bitcoin should be ecash.
Want something like this for Cashu? https://github.com/ethnTuttle/fedimint-chat-bot
Businesses building loyal communities around their brand.
This is the way!
🪦
Ambitious. I fucking love it.
Can we make a cashu based Uncle Jim LSP built into LNbits? The idea is a style of wallet and mint, so that small amounts are held as ecash, but when the user reaches greater than let's say 100k-500k sats, they have the option to self custody (for a channel opening fee) and it creates a phoenix-like channel from the node running the mint.
Essentially it would solve onboarding headaches by having a lightning wallet with instant receive capabilities, but reduce risk for the custodian to lose customers funds by helping users take custody in their same wallet in one click. It could also just look like a lightning wallet but be able to read and redeem Cashu tokens by default due to the infrastructure on the backend
