Replying to Avatar Max

Ecash (cashu or fedimint) are custodial layer two.

Lightning is non-custodial layer two.

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U 2y ago

Yeah, federations can in theory rugpull, but you lightning balance is also not fully secured until onchain settlement.

Your lightning node can break down like a bank can go bankrupt and then funny stuff can happen.

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Max 2y ago

If you run your lightning node software correctly, nobody can steal from you.

If you run your ecash/liquid client software correctly, the mint/federation can steal from you.