gandlaf21 on Nostr: Ecash is a transactional medium, and is not meant to be held in large quantities. ...
Ecash is a transactional medium, and is not meant to be held in large quantities. Above example shows how it enables offline exchange/ATMs. If you're running the ATM you own the mint and have no inflation risk. If you're a user, the risk is that they rug your transaction. The same risk applies for every other exchange, except maybe for atomic cross-chain swaps.
Published at
2025-02-14 15:55:56Event JSON
{
"id": "28f0b05d23cb9504d3cbc988845486d5555913e6031b962d740386adc8fa2127",
"pubkey": "c4b5369a9db27a2e1bc97b25faa4862d9fcfa747506b1f272f8f4b36b812dbd6",
"created_at": 1739548556,
"kind": 1,
"tags": [
[
"e",
"bb73425a798b625e82b140e72ce618bf6419e652e305d00827c460af008c20f2",
"",
"root"
],
[
"e",
"34cac210af95025148d80812e371364eb96aaa722dee8c1d6bf4741f97a6a8b3"
],
[
"e",
"b5e9c9dad2d17b72ffab68a8eb856dbcaf6d75e5e201806bcde3efb9e9971f79",
"",
"reply"
],
[
"p",
"c4b5369a9db27a2e1bc97b25faa4862d9fcfa747506b1f272f8f4b36b812dbd6"
],
[
"p",
"43d140f61e46792199dea8a8ab4634dd21f1aedaaa4fbd29add506f8029f1265"
]
],
"content": "Ecash is a transactional medium, and is not meant to be held in large quantities. Above example shows how it enables offline exchange/ATMs. If you're running the ATM you own the mint and have no inflation risk. If you're a user, the risk is that they rug your transaction. The same risk applies for every other exchange, except maybe for atomic cross-chain swaps.",
"sig": "dd530e9eddb6cd69ab44869416c745a1831709174b03d65c9d4c3da5e72dde16ce141c41e87bac56ff2ba3a237ab2c8e22743bdcd48b606c3972127bd6d94df9"
}