Max Hillebrand on Nostr: A money warehouse receipt. You send your bitcoin to someone else, who in return gives ...
A money warehouse receipt.
You send your bitcoin to someone else, who in return gives you a blind signature.
Now you can give this signature to others, and they can give it back to the mint to get the real sats back.
Think of it as a paper iou that can be redeemed for pure gold.
Published at
2024-08-29 06:02:28Event JSON
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"id": "36ae2dbb301b134b1f4477fadc5c1f1d425da5b98df501c553badebec1cc8658",
"pubkey": "b7ed68b062de6b4a12e51fd5285c1e1e0ed0e5128cda93ab11b4150b55ed32fc",
"created_at": 1724911348,
"kind": 1,
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"content": "A money warehouse receipt.\n\nYou send your bitcoin to someone else, who in return gives you a blind signature. \n\nNow you can give this signature to others, and they can give it back to the mint to get the real sats back.\n\nThink of it as a paper iou that can be redeemed for pure gold.",
"sig": "2c8b06bba8b4f2d23f356f52d8bc36e8cbf1d7292db4cc433ffc020c41f3d527f12a8594761ad1dc9213013027bd22d991aaea6dcac262f5b4c774afcfe9da86"
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