Cool app

I just moved a cashu now from one mint I have cashu on to another.

So my understanding is this happened:

That mint exchanged the cashu amount to the BTC amount, sent a Lightning Transaction over the LN network (which may have routed multiple hops), the LN address is that of the receiving mint or? And then I suppose the receiving mint exchanges that back to cashu for the receiving user.

When I wanted to send from my one mint I generated an invoice. I then pasted that in. So the way this feels is more of a "Bob can request 2 cashus from me and because I signed it (I presume, as I generated the invoice) he can redeem it)?

I think I need to understand how the interactions work at each level here.

And zero tip

Thanks for the info!

Reading about https://cashu.space/ now.

So mints are LN endpoints like any LN node I presume. Once the BTC (over LN) has arrived at the mint, it is backing then a certain amount of cash tokens.

Payment to people on same mint is fast. To other mints would require cashu -> lightning (BTC on LN) and then LN transaction to the other mint and conversion (once received) to cashu.

Is this a correct understanding? Cashu is just a usecase of LN that pairs LN-BTC as backing to a new token?

Link?

Who is the Minibits developer?

BTC, XMR, ETH

I only mention these names because they interest me from a technical point of view. Each offers something different.

Lots of learning ahead.

Bro this is edging what the fuck 😂, I kept waiting for it

Is it being considered? 😂

Voluntary slavery at worst.

It is

Is that a game?

Learning Portuguese my fellas

I use IRC, just use it. Stop bitchij

I have ordered another null modem, and will be doing transport node stuff with this.

Will take some time to arrive, when it does I shall continue.

nostr:nevent1qqsy2sph54ad0wc6pmkywdlwfmeuj73k6pjeew9q4j6zq953cemdrmqpz3mhxw309ucnydewxqhrqt338g6rsd3e9upzp4s5nq3ujrzgvhjtcs62f0s6rm50w24tmqegm5zehf83ramr8v9kqvzqqqqqqyx9ucjt

You can send me those cashu things now fellas.

Got that the thing setup in my account

Thanks for this resource btw

So Cashu runs on lightning

Nobody cares