Damus
Deleted · 109w
Great thread. I also like Nostr more and more. The point with minibits is a little bit unclear for me. I don't know why I should imolement it as I use the Lightning Address from my ZEUS wallet direct...
econoalchemist profile picture
I'm still figuring it out myself but from what I understood the differences were that the Zeus Lightning address has a time limitation if the user is offline for more than 24-hours then the payment is returned to the sender. Where as the Minibits Lightning address doesn't. Also, the Minibits wallet can handle ecash along with sats seamlessly, which might be a plus if the user is into ecash. What I'm not so sure about is what happens if the mint operator's server goes down; the ecash is stored on the user's device and any user can run a mint themselves to connect with their client so I think it's easy enough to recover in the event a mint operator gets taken down. I went through the recovery process for good measure by funding the mint, uninstalling/reinstalling the app, and I am in fact in control of my keys/sats so I don't think it's custodial. I suppose a better test would be to restore in a different app altogether.
. · 109w
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 typically be denominated as sats but can also be in usd the mint can't rug an individual but could ru...