freetx on Nostr: The fundamental problem of Cashu and fedimints is that there is no control and no ...
The fundamental problem of Cashu and fedimints is that there is no control and no ability to audit how many Cashu tokens the mint actually produces.
Yes, the LN-BTC is known and secured, but the other side of the ledger...the actual eCash is uncontrollable issuance.
From a practical standpoint this severely limits its use.
Published at
2024-01-21 14:44:39Event JSON
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"content": "The fundamental problem of Cashu and fedimints is that there is no control and no ability to audit how many Cashu tokens the mint actually produces. \n\nYes, the LN-BTC is known and secured, but the other side of the ledger...the actual eCash is uncontrollable issuance. \n\nFrom a practical standpoint this severely limits its use. ",
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