hodlbod on Nostr: The thing I don't understand about ecash is how it can be a bearer instrument and ...
The thing I don't understand about ecash is how it can be a bearer instrument and immune from double spends at the same time. It seems like the receiver would have to immediately redeem the token, and subsequent receivers to validate before accepting it in order for the latter problem to work. Am I right?
Published at
2024-12-04 18:14:31Event JSON
{
"id": "038f7f6959170911969c706bf418507b75dff4f187a06ce9b7578c4423e3012b",
"pubkey": "97c70a44366a6535c145b333f973ea86dfdc2d7a99da618c40c64705ad98e322",
"created_at": 1733336071,
"kind": 1,
"tags": [
[
"client",
"Coracle",
"31990:97c70a44366a6535c145b333f973ea86dfdc2d7a99da618c40c64705ad98e322:1685968093690"
]
],
"content": "The thing I don't understand about ecash is how it can be a bearer instrument and immune from double spends at the same time. It seems like the receiver would have to immediately redeem the token, and subsequent receivers to validate before accepting it in order for the latter problem to work. Am I right?",
"sig": "eabcc0e179af9b4306fbc8d8ae92ba25d658d37619014624cc74b1dab50e3bedfae21196c2231abf66b20389fcbc8f2ede16a7cc3df8a80309c235b77b2f1485"
}
