Replying to Avatar corndalorian

Offline/asynchronous payments are a big use case in my opinion. The ecash can serve as a sort of queue or holding place for your incoming payments, where it can then be redeemed for sats and swept to self custody when your Lightning wallet comes online. If enough users all use the same mint for transacting, it may have a centralizing effect but it also increases privacy because the mint operator doesn’t know which tokens belong to whom. Conversely if you only have one or two people using a mint then it seems it would be pretty easy to deduce who the tokens belong to 😂 The big thing is trusting the mint operator, or the federation members if using something like Mutiny’s ecash option.
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BTC_P2P 1y ago

Thank you for explaining things simply. I see what you mean and in the ways you outline seems like ecash offers some upgrades on top of current LN capabilities. Better than the zap locker solution especially if funds can be swept to a self-custodial LNURL as needed or maybe automated on a regular interval.

Really interesting watching all of these incremental improvements over time. When I got to Bitcoin in 2019 Lightning was unusable to me. It’s come a long way and I’m starting to understand ecash as a layer on top of Lightning (am I wrong there?)

Feels like if the LN / ecash development trajectory stays the same it’ll all be work seamlessly and be normie friendly soon. Wallet of Satoshi was already there… but they were custodial and they’re gone.

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