Thread - Nostr Hypermedia

There is nothing inherently more decentralized about ecash mints over submarine swap servers. Both are fundamentally lightning nodes that can be run over tor by a community member. Ecash has better privacy but also requires trusting the community member(s) with custody. The swap server on the other hand delegates custody to a diverse set of options that users can chose based their desired trust trade-offs.

Replies (2)

a_priori 11 months ago

Using an ecash mint run by someone you know or trust, with people you interact with frequently has the benefit of instant transactions and zero fees. Submarine swaps require on chain transactions, meaning fees and potentially bloating the chain. I like both.

1 replies ↓

tank 11 months ago

Yeah, both have their strengths. ecash is better for smaller payments like zaps. Lightning/liquid swaps are cheap enough for medium sized payments though. I’ve had lower fees with Boltz swaps for payments over 10k sats than fedimint.