those who are comparing cashu to non-custodial lightning: you’re missing the point.
our goal is to improve custodial systems with privacy and censorship resistance. if you don’t want to use custodial systems, that’s fine. just run a node. if you use custodial wallets, cashu is better than anything else you can get:
- many mints run by grass roots communities
- best privacy possible, better than any privacy shitcoin
- many features due to cryptography
- 40 years of chaumian ecash research behind it
bitcoin + ecash is electronic money at its best.
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As in:
Considering many are using **custodial** lightning, unless a viable solution comes up to make non-custodial a lot more viable, the question becomes how to decrease the chance of censorship, decrease the chance of failure, and increase the chance of privacy, and the answer to that seems to be ecash/cashu.
Don't agree with your second point, but everything else is spot on. I argue Cashu is better in some aspects than Lighting is, but the best would be a mix of both (for those who refuse to raise BSC's block size).
40 years of chaumian ecash research and nobody found a way to make it completely unruggable. can you change that?
What is the problem with Ark? I just want to understand your reasoning.
What's wrong with Ark?
Totalmente
The whole interaction with the rest of the world is through LN.
Ark's wrong assumption is that people will just drop the whole LN and use Ark.
That will never happen.
That means Ark will be just a niche feature used by such poor users that cannot open a damn LN channel.
Also
nevent1qvzqqqqqqypzp7dvkzcrf3xpzalfshc5vw0nzlhslm0wwetuqc93gmh8jqpyx9lvqqsfzgzxy8478wz68hva3e9ewmyugs9xkgsvze578q9sat89xtsk9mcdyk589
Also
nevent1qvzqqqqqqypzp7dvkzcrf3xpzalfshc5vw0nzlhslm0wwetuqc93gmh8jqpyx9lvqqsfzgzxy8478wz68hva3e9ewmyugs9xkgsvze578q9sat89xtsk9mcdyk589custodial gas lightning =D
How is my account with Coinos, that I access via VPN, not private?
I get your view point and it makes sense for an expert user, but you cannot realistically assume people will manage LN nodes and liquidity in their lives, there needs to be an alternative (not saying it is ark, or spark or cashu...) that is less custodial as possible, with good privacy and that you would be able to use by just opening a mobile app (no fancy liquidity management, just a secret/seed/key to backup and that's it). Otherwise the majority of people will just use "custiodial bitcoin banks". As much as I want LN to succede even further, I think the channel structure of the whole network does not scale really well, what I mean is this: the best would be for a thousands of small LN nodes (friends, family, small communities), but as much as we like it, we know that will never happen at full scale, so the other scenario is for fewer but bigger hub nodes, which is what is happening today and that I think will become (in my opinion) unfeasible to manage for a lot of users (think of acinq in an immaginary future with million of users, they will need to have massive funds locked up on channels, I am not sure this is economically viable in the long term). So just to say wee need alternatives and/or integrations with other systems.
Bitcoin is a natural selection


It's got its value for zap levels of zats, and other small amounts.
I've been liking more what I hear from Fedi lately in terms of the trust model improvements they've been making in terms of providing the privacy without quite so much ruggability.
But they're still different tools doing different jobs, and the Cashu integration in Zeus has been pretty handy for not needing to keep an LND node up 24/7 while still giving me the ease of sweeping it over to self custody with the tap of a screen.
accounts can be tracked. ecash can't.
coinos can set your balance to zero. with their mint, they can't.
use the coinos cashu mint, they're running one ;)
Any mint can rug. Track who? They don't know my identity.
Their mint is experimental by the way, can't pay with it.
How can we improve #Cashu attoption in #ElSalvador?
Can't we essentially abstract away the complexity of lightning with cashu ecash? It appears to be friendlier to run and use.
Obviously it's up to the mint if they want to pull/push liquidity to lightning, but it doesn't appear necessary.
