GrumpyG on Nostr: What I don't understand is how the ecash is secured by actual sats. Is it possible ...
What I don't understand is how the ecash is secured by actual sats.
Is it possible for mint to issue more ecash than it has on hand?
Admittedly, I have not played with ecash at all.
Published at
2025-02-13 23:04:24Event JSON
{
"id": "1ff76205c7bc9c4be9821d7a271c7551881195940c766ec7788805a08e7cf5e9",
"pubkey": "a15d810bc59bcc5a06ac05068436d71475c89e8a99cc97323cae6ed27c73197c",
"created_at": 1739487864,
"kind": 1,
"tags": [
[
"e",
"553e635c42d0ce9d75c4ed0ae8669b9ed7f1c3b2999ce83c8f918f7a5791c2e1",
"",
"root"
],
[
"p",
"e2ccf7cf20403f3f2a4a55b328f0de3be38558a7d5f33632fdaaefc726c1c8eb"
]
],
"content": "What I don't understand is how the ecash is secured by actual sats.\n\nIs it possible for mint to issue more ecash than it has on hand? \n\nAdmittedly, I have not played with ecash at all. ",
"sig": "c077b3be49eee730cd41e6a1b78c1973917d74b1502694a4f5f5287a119b9ee23e217aa5f248308295ea4af97283fdefb526adbe226ea7debe135813ee6f7526"
}
