Ah of course. Thanks.
Ah cool, so cashu is
custodial/single sig
And
Fedi is distributed custody/multi sig
Would it be possible to set up a cashu mint per transaction. E.g. Alice creates a mint to send cash privately to bob who then pegs out to lightning leaving the mint empty.
Is that a possible use case?
Just reading about fedipools idea now.
Yeah dev fund for sure.
Hopefully we see fun experiment like this on nostr. Really can be a perpetual sandbox with so many clients.
Exciting.
Haha cool thinking. Love this experiment 🧪
Make neg-zaps also cost the same fee for the account that neg’s.
And where do these neg sats go?
Nostr insurance fund 😂
Think of cashu as an intranet on top of Lightning. Instead of using channels or routing, it implements chaumian mints and tokens to improve privacy. While tokens are pegged to sats and can be used as ecash, the mints are run by trusted community members, like friends or family. Meaning that, mints reduce the need for intermediaries, like exchanges or banks, but simultaneously increase scalability and privacy because minting ecash breaks links to past transactions due to using blind signatures. Sorry that’s one hell of a word salad, hope it made sense to you… I am also in the process of wrapping my head around it, but it’s very exciting stuff. Here’s a way better explanation by @calle https://m.youtube.com/watch?v=UNjVc-WYdgE
Yes I’ve watched a few talks by Eric and obi on fedimint. And think it’s crucial to broad adoption but I have no clue how to set up a mint and if I did look into it don’t really have a community to build and share / use the mint with. Any ideas for grass roots use cases?
Also what’s the difference between fedimint and cashu?
Keen to try it but don’t quite understand the mint and ecash situation of cashu.
Where/how do you press nfc reader? Is that an APL that needs to be installed or is it native?
Gm zap junkies 🤙💜
Here is my not-so-complicated guide how we can get you zappin ⚡. You need a NIP-57 compatible Lightning address (I gotchu) and a nostr client (Damus Testflight, Amethyst, snort.social)
In short:
1) Get an https://ln.tips wallet
2) Enter "/link". Add the credentials to your Alby extension (LndHub) & connect it to BlueWallet for the best experience.
3) Then enter "/nostr add
Here is the full guide:
#[0]
Stupid questions, where is the wallet file stored in this set up? In telegram folder locally? Or in local linked lightning wallet? How does one restore this wallet?
Can’t find this info in the /help
Combined with smooth ux, a relatively simple setup process and a community that is development oriented.
Low hurdles.
I set my zaps to 0.000001% of the entire planets monetary base
🌍 21 million Bitcoin ⚡️
When you post media to twitter it’s then forever linked to that original account.
For example if anyone pastes that media into a new tweet.
It would be amazing if this feature can be linked to zaps in nostr so original content that is reshared is attributed to the original meme lord that posted.
Very exciting!
Hope to have deep conversations on many a subject like this at #nostrica
Ok #plebchain let’s zap and follow, I’m recharging to be ready to ⚡️
I want to follow all you early adapting plebs for sure !
?cid=2154d3d7dl5vplej5410n4blnlmmyh8dzv62vpzwdrhjwdup&rid=giphy.gif&ct=g
Warming up for a nostr session be like.
?cid=2154d3d7v9fsj1871nse2hhwb8witgt2d6q1uif58k2zgiel&rid=giphy.gif&ct=g
Memes and Zapps are now and forever linked
♾️ ⚡️