cashu ecash is a custodial iou for sats on the ln node of the mint but the tokens are bearer assets on the device
it offers superior privacy over any other custodial LN solution
the "ecash" will ty...
Ah, thanks, that was my confusion; I thought the ecash was the token being stored on the device. Didn't realize ecash was an IOU held by the mint operator. The way it's presented on the website is: "Ecash is a digital barer token that is stored on a user's device, very similar to physical cash."
https://docs.cashu.space/#
https://docs.cashu.space/#