Damus
invisibull profile picture
invisibull
@invisibull
Apart from #cashu mints being custodial and having the ability to rug pull you, who prevents the mint to double-spend?

Is there any mechanism that can verify the mint has an actual backing for issuing tokens or can they issue them out of the thin air?

#asknostr and maybe even go straight to the source and ask the master himself @calle
2
Corey San Diego · 3d
Unless they publish proof of reserves and info about issued tokens, you trust its backed 1:1, as you do with any custodian.