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17 sats \ 13 replies \ @MarsIronPI 29 May 2024 \ parent \ on: Why can't you buy ecash from a Cashu mint? bitcoin
Regarding WoS keys, they'd also be subject to analysis attacks similar to the ones you describe.
Regarding mints, WoS keys are always linked to a balance. Mint tokens require a lot of work to associate, if it's possible at all.
linked to a balance
PARTS of a balance, not necessarily a whole balance, not unlike each new minting event
Mint sees what channel sats came into and how much, it sees when they go out and how much... same thing WoS sees... the arbitrary numbers on a token or in a record are equal
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OK, so do you admit that ecash isn't worse than WoS?
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Inherently? No
Practically? Yes
Keep in mind that the scammers and spooks aren't pushing ECash as an authentication scheme, they're pushing it as a payment spec... this is an attack on Bitcoin and thus much worse than WoS
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How so? It's no worse than trading pre-loaded WoS accounts.
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they're pushing it as a payment spec
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Then I'm not sure I understand what you mean by "payment spec".