0 sats \ 0 replies \ @030a29f333 17 May \ on: Blinded Authentication Tokens in Mutiny lightning
Will non-mutiny+ users get LN addresses soon™?
Sure, but by that logic they're already custodians and money transmitters. They can't be any worse off operating as a Cashu mint.
Ideally those services all run mints in the future. They can then advertise their inability to individually censor users and improved privacy, while already having an established reputation. Win-win.
I would suggest trying out cashu.me, Minibits, or Enuts. You'll find answers to your questions by using the protocol.
The biggest thing people seem to misunderstand with Cashu is that it is simply a strict improvement over "custodial LN", like Alby/CoinOS/Blink/WoS. That is it. If you dont like the tradeoffs you do not have to use it.
Similarities:
-rug risk!
-hidden slow/fast inflation (although there are people working on addressing this)
Improvements:
-privacy
-individual censorship resistance
-offline send/receive
Cons:
-not economical
Pros:
-open source hardware/firmware movement
-takes up minimal space
-quieter than big asics
They're mainly an educational tool but there's a bigger movement going on.