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The best about ecash is payment experience. So running your own private mint on top of you own bitcoin and lightning infrastructure seems pretty seems pretty non-custodial to me. I know this is not the case atm, especially with all the know your mint work, but I hope this is how it turns out.
Replies (8)
How is payment experience of convoluted animated qr codes better than just connecting your node to zeus?
What I meant to say was the payment reliability, speed and privacy. Managing lightning channels can be cumbersome at times and especially when your out and about.
You could get a similar UX natively on lightning if you stack LNURL withdraw codes of various denominations in a cashu wallet instead of proofs from a mint. Now you have a set of bearer instruments that you can give to a vendor even though your offline.
Obviously you need to run the lightning node that issues the withdraw codes yourself if you want it to be non custodial.
If you're running cashu in noncustodial way you still have the channel management pains.
There's an underfunded area channel management. Not as sexy as layer 3 but prob more important.
agree funding is needed here, there was a lot of hype and talk around it a couple of years ago, but the enthusiasm seems gone now.
That's been discussed a bunch. Lnurlws could be bearer for athe paid api call usecase. It's pretty interesting.
You can get this same/similar functionality with Lightning. you don’t need a made up token.
