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166 sats \ 2 replies \ @Scoresby 4h \ parent \ on: Cashu vs custodial Lightning bitcoin
This pretty much nails it. Here it is as a table in case it's easier to compare
| feature | ecash | custodial lightning |
|---|---|---|
| can be rugged | yes | yes |
| can recover from lost keys | no | yes |
| can get your account closed | no | yes |
| can receive offline | yes | yes |
| is illegal in US/EU | yes | yes |
| privacy from outside observers | yes | yes |
| privacy from mint/custodian | kinda | no |
The only nuance I would add is that since many of ecash wallets support use of multiple mints, it is easier to use multiple custodians at once (you can have a unified balance, while using ecash tokens from multiple different mints).