SUPERMAX on Nostr: Its auto converted to ecash, also called 'minting' If you send your freshly minted ...
Its auto converted to ecash, also called 'minting'
If you send your freshly minted ecash to another minibits user (like me) you will send ecash (specifically a cashu token), not lightning*.
If you choose to pay a lightning invoice, not a minibits mint, you will auto convert your ecash to lightning, also called 'melting'
A bit technical below👇
*you can pay a minibits lightning invoice from your minibits ecash wallet (like zapping me, my minibits lightning@address), which you have already minted into ecash. If you did this, you would be melting ecash to the minibits lightning node, crediting my account.
- since its the same lightning node (from you to me), on the node it looks like the node just paid itself
This is why ecash is so powerful; minibits node just saw a 'self-pay', but it has no idea which user paid which other user, even if they wanted to know.
So so cool.
If you send your freshly minted ecash to another minibits user (like me) you will send ecash (specifically a cashu token), not lightning*.
If you choose to pay a lightning invoice, not a minibits mint, you will auto convert your ecash to lightning, also called 'melting'
A bit technical below👇
*you can pay a minibits lightning invoice from your minibits ecash wallet (like zapping me, my minibits lightning@address), which you have already minted into ecash. If you did this, you would be melting ecash to the minibits lightning node, crediting my account.
- since its the same lightning node (from you to me), on the node it looks like the node just paid itself
This is why ecash is so powerful; minibits node just saw a 'self-pay', but it has no idea which user paid which other user, even if they wanted to know.
So so cool.