Marks on Nostr: Agreed that people shouldn’t store large amounts on LN or Fedimint. Just like I ...
Agreed that people shouldn’t store large amounts on LN or Fedimint. Just like I don’t carry life savings in my pocket wallet.
Fedimint guardians are the only ones who know the overall liabilities of the mint, while individual users only know their portion. Total assets of the Fedimint are known, but not total liabilities.
There are a few different scenarios outlined on the fedimint.org site.
https://fedimint.org/docs/TradeOffs/DebasementRiskPublished at
2024-07-06 14:42:03Event JSON
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