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0 sats \ 12 replies \ @chris42 3 Dec 2024 \ parent \ on: Ecash on Bitcoin - Gandlaf thoughts on ecash, after working on cashu for 2 years lightning
Although ecash could make sense for use cases like stacker news. Stackers could zap each other ecash non custodially
You can use ecash with SN already: #752528
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Ah I meant using ecash instead of cowboy credits to avoid custody legal issues
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If you're saying we run our own mint: ecash is custodial, so no, that wouldn't avoid any legal issues.
If you're saying someone else runs the mint: that is #752528
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Ah maybe I'm miss understanding how stuff works. In regards to #752528 . If I connect an ecash wallet and zap someone who doesn't have a wallet connected, I'm assuming that becomes cowboy credits?
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If the receiver isn't online, who custodies the ecash when you send it to them?
The best you can do is bind the notes to a receiver's keypair, but that requires the receiver to trust the sender's mint until they come online (a delayed, possibly fraudulent promise of settlement) ... unless you send to the receiver via lightning which is #752528.
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Yep that's what I was thinking. Sender encrypts bearer ecash with receivers pub key. Stacker news stores that encrypted blob. No custody issues for you as you can't get the money.
Yep, the tradeoff is you have to trust the sender/zapper not to double spend that ecash. Think that's ok in the zapping situation.
If I connect an ecash wallet and zap someone who doesn't have a wallet connected, I'm assuming that becomes cowboy credits?
yes
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