Accoriding to ben arc ecash is a shitcoin
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Ecash is not a currency. It's a way to replace custodial ledgers by bearer asset tokens that respect your privacy.
It's a technology with 40 years of research and thousands of peer-reviewed papers.
It always sucked and never cought on because it relied on banks. Now we can build it open-source on Bitcoin.
Accoriding to ben arc ecash is a shitcoin
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Is ecash XEC or BTC-Lightening? So confused right now.
E cash is a bearer token. It's integrated with lightning. As is backed 1-to-1 with sats.
But by using it you're accepting certain trade-offs by using e-cash you are getting a 100% privacy Is on any payments made or received. Which is not the same for lightning or on chain. But at the cost of trusting the Is e-cash mint custodian not to run fractional or rug.
I think according to ben, all custodial bitcoin is shit, but ecash is a shit coin
110%
Cope harder
Cope much?
How large of a transaction can you do with ecash? I'm guessing it depends on the lightning channel capacity?