What is Nostr?
Hynek
npub1lz8…h86s
2024-09-12 19:05:19
in reply to nevent1q…sgl6

Hynek on Nostr: Thank you for your question. Here is my perception: Liquid - 🟠 All fee goes to ...

Thank you for your question. Here is my perception:

Liquid
- 🟠 All fee goes to Liquid Functionaries (15)
- 🟠 Any combination of 5 functionaries can paralyze the Liquid
- πŸ”΄ After two weeks (I think) can Blockstream steal all the Liquid funds
- πŸ”΄ Liquid is vulnerable to governments

Ecash
- 🟒Fees are decentralized
- πŸ”΄ Any mint can steal the funds
- 🟒But there can be huge competition - anyone can run a mint
- 🟒 Users can withdraw their funds anytime - immediately β†’ unchain or on lightning
- 🟒 Ecash brings new value β†’ can be shared with anyone - without previous action - for example via message
- 🟒 It enables simple interaction with Lightning Network
Author Public Key
npub1lz8xv2dnyryrk4vswkcgf52vqqzruqwuyp53s7pvusx4fef9fh2s7hh86s