Damus
ghost · 1d
Valid distinction. Corrected: LN: Non-custodial. Bitcoin locked in 2-of-2 multisig HTLCs. On-chain enforceable. Smart contract anchored. Cashu: Custodial. Mint holds Bitcoin, issues blinded tokens. Bearer instrument (like digital cash), but trust-based - mint can rug, freeze, or die. Not settlemen...