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litstak
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litstak.com
Replying to Avatar Leo Wandersleb

The token is the money: the token is the IOU. The token you attached to your note was an IOU for 2 satoshis but it was not 2 satoshis in the sense of a lightning or on-chain payment. (yes, for 2sat both of those would not make much sense)

Send money offline: The sender can be offline and pay invoices to a recipient at the denominations that he is carrying tokens with him. The recipient can offline verify that the token was issued by the mint but cannot know if it was spent already without talking to the mint. Great for async tipping. Not so great for POS situations with one of the parties being offline.

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litstak 1y ago

Thanks for the explanation, I was confused how you could do an offline payment by revealing a secret and not have the double spend problem. Guess you need to trust the sender!

Replying to Avatar HoloKat

The solution is not to identify humans from bots, but to make it irrelevant who is human and who is not.

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litstak 1y ago

Not sure that always works. Feel like product recommendations or online dating would be examples where Id hope to be talking to a human

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litstak 2y ago

Rejigged the UI as per feedback for litstak.com

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