What is Nostr?
Cykros
npub1lce…3apw
2025-03-20 10:13:42
in reply to nevent1q…8ax6

Cykros on Nostr: Ecash is cool but the custodial stuff is a bit weird. I do wonder about a use case ...

Ecash is cool but the custodial stuff is a bit weird. I do wonder about a use case though where rather than relying on a separate mint, people instead run their own mints, so that instead of sending money to someone, you're sending them the equivalent of a check, which they can redeem from you at any point from your mint. I guess if you ONLY run a mint for yourself there's some privacy lost that way (though I might be curious about how easy that is to determine from the outside), but it becomes a two party transaction instead of a three party transaction, that allows you to just send money to anyone without having an address to send it to. I'd much rather trust the person trying to send me money (especially because I can verify before taking any other action anyway) than trust a third party they've suggested I trust.

Guess it might be finally time for me to spin up a mint and see what all this fuss is about...
Author Public Key
npub1lcetwt8hcd9gagdytu4e35ufykxek0elfvx8q3spugmgj9x0ev0q363apw