I dream of building a Bitcoin-powered USD ecash system that doesn't rely on third parties to custody the mint's fiat balance but instead uses Lightning DLCs to stabilize the mint's reserves.
Can you please elaborate? Excuse my ignorance but how do DLCs fit in here? A Chaumian mint is fundamentally custodial and while it can provide all the transparency in the world, it can close shop at any time, right? A DLC contract could force hands between mint operators but not between token holders and the mint, right?
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