1440000bytes on Nostr: I consider custodians of 2 types ignoring ETF: Exchanges and ecash mints. Exchanges ...
I consider custodians of 2 types ignoring ETF: Exchanges and ecash mints.
Exchanges do not achieve anything using zkSNARKs or aut-ct or their users.
In case of ecash mints, they compromise with privacy and share such details with feds. I haven't seen a hawala operator publicly sharing its reserves or transactions to attract more users.
ecash example:
https://umint.cash/por#porPublished at
2024-09-18 17:56:50Event JSON
{
"id": "e69c1e0afffc7fd8cf89f4000a120c7f8706d4236aa30a9669446d271e9e32b8",
"pubkey": "6681268ace4748d41a4cfcc1e64006fb935bbc359782b3d9611f64d51c6752d9",
"created_at": 1726682210,
"kind": 1,
"tags": [
[
"e",
"7e011cf7d21d3cd01a566a6fa6882e27003671a4a64039ea43e33e18aafb4c09",
"",
"root"
],
[
"e",
"b00039403f3354c42ec0968c8c16238efcd1d17c5c0796cabfc7a9c2428aa735",
"",
"reply"
],
[
"p",
"675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728"
],
[
"p",
"6681268ace4748d41a4cfcc1e64006fb935bbc359782b3d9611f64d51c6752d9"
]
],
"content": "I consider custodians of 2 types ignoring ETF: Exchanges and ecash mints.\n\nExchanges do not achieve anything using zkSNARKs or aut-ct or their users.\n\nIn case of ecash mints, they compromise with privacy and share such details with feds. I haven't seen a hawala operator publicly sharing its reserves or transactions to attract more users.\n\necash example: https://umint.cash/por#por",
"sig": "398c4efa3a40bda6a4fb197398dbe8b153340f438f3948ab67826eb420c247652207469b5a16e8456043c76061a9c956b92dada0bc3cda87c0211d83ee933a29"
}