Peace out

there are some technical nuances worth mentioning, but they're well worth the tradeoffs IMO. biggest win: regulatory. you can't access the bitcoin, so you're not a custodian. this would be massive. inflation: ecash mint can't print more than it receives in btc. this is what hal finney did with his...

This is fucking amazing Calle! Congratulations!!!

This is the way.

how does this black magic work, where can I read about it? btc ux basically solved??? 🔥🔥🔥

Amazing! Can such a system be backed up reliably? In case of hardware failures and such.

By Enclave, what are we talking about? Is this hardware that has unknowable data? Or is it secured data? And if so, by what or whom? If it is secured by encryption, who/what knows the passphrase?(leads to rugging) If unknowable data, how does one prove the firmware on the hardware is genuine? (Was...

I wouldn’t call running something in a secure enclave “non-custodial”

The mint (or data center) operator can power off the mint so it's definitely ruggable The non custodial part though does have some technical nuance. And of course this approach ought to be much safer for users. Very nice!!

https://blossom.primal.net/7a941817b2fc40d9af526529a8b4b652765f33683c99487f83df21866f10bb62.mp4

Rough ETA?

That would be the point that ecash qualifies as a layer?

Ship it G

So the is cashu custodial website will need an update ?

What I find most exciting about this is the private bank aspect. Once mints provably have no access to the bitcoin, operating one shifts from "custodian" to infrastructure service — suddenly anyone can run a kind of private bank without qualifying as a financial institution. And along with that, p...

How private is ecash im comparison to alternatives?

If the enclave turns off completely, people lose their funds, corr?

Nice one