Cashu isn't an upgrade to or replacement of lightning. Mints are lighting nodes. The scenario calle described literally is not possible with LN alone.
Login to reply
Replies (3)
- Please read the tweet I replied to so that you understand the context of 'upgrades'
- Mints are third parties who custody bitcoin for users that may or may not use LN nodes. I have experimented enough and running a mint: https://thismoneydoesnotexist.lol
- It is possible with LN
LNURLw works if you're offline, but your internet gateway is online to redeem the payment. You can also use e-cash non custodially if you run your own mint
Custody clearly comes with risks, though I want to have e-cash if I must use a custodian, because standardizing the interaction with custodians allows me to leave the custodian frictionlessly and it happens to come with privacy.
Yesterday I witnessed atomic real time channel rebalancing involving mints. Users of lightning can benefit from the liquidity without using custodians themselves.
- it's not a tweet
- cool
- no it's not