What is Nostr?
BitcoinAlchemist / James Pierog
npub1u8r…jcky
2024-10-02 21:03:40
in reply to nevent1q…5kf7

BitcoinAlchemist on Nostr: Definitely not cashu. Custodial is a honeypot that’s begging to be shut down. Ecash ...

Definitely not cashu. Custodial is a honeypot that’s begging to be shut down. Ecash is completely centralized, antithetical to the objective of decentralized prediction markets.

DLCs need a transfer mechanism, but it’s definitely possible, just technically complex. Just lock the share cost amount of sats in DLCs with an AMM counterparty, and can trade the conditional payment with that transfer mechanism.

L2s would be a cheat code by reducing trust assumptions, could suffer from same centralization risks as ecash. I’d rather use Liquid than cashu because at least theres native limit order books and the ability to create tokenized shares.
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npub1u8r69esh5r7jt29nj9ufmz4yvuwp6cwl5xqp4e3d46vl8wla5smsexjcky