Replies (16)

I don't have a problem with that. It's redeemable for bitcoin and represents bitcoin since those sats are from a Lightning node and those sats are locked in a smart contract on the time chain.
Yeah, it's petter than the mob coin or whatever they have now for sure.
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jb55 _@jb55.com 2 months ago
only time I ever tried ecash was in minibits. I came back awhile later and it said my balance expired and was clawed back.
unknown's avatar
unknown 2 months ago
Cashu isn’t locked anywhere. The mint just “tells” you they have them. Unless this is a different type of implementation. The mint can empty out the sats and just say they left them there.
unknown's avatar
unknown 2 months ago
Yep 🫡 Exactly what I’ve found too.
Good ole Cashu. A way to get rugged privately. I'm not a Cashu bear, but I'm not a bull either. I think it's a very cool technology and it has use cases, but if you're using it, it needs to be for temporary storage of your funds. You should migrate them to a wallet that you own ASAP. i.e. Peg-in and peg-out immediately for privacy reasons.