From my understanding:
You get a “token” when depositing, this token is a cryptographic signature, created by the system.
When you then later on withdraw, you provide this signature in a way that they can verify that it is valid, but they can never know exactly which deposit it correlates to.
Pretty much like normal bank notes? Correct me if I am wrong, if someone has a better understanding
I'm confused how you can give the token to someone else with out involving the mint. (Couldn't you reveal the token to someone as payment and then double spend it?)
I gave it a try!
Works as expected, but I don't exactly understand how it works.
Is my balance stored as a blinded signature, so that they can't link an incoming transaction with an outgoing transaction? And if this is the case, how can this be confirmed, without trusting the creators?
I guess using https://legend.lnbits.com leads to the same results = Easy & fast access to burner wallets?
Yes but this uses Cashu for privacy
What makes cashu private?
From my understanding: You get a “token” when depositing, this token is a cryptographic signature, created by the system. When you then later on withdraw, you provide this signature in a way that they can verify that it is valid, but they can never know exactly which deposit it correlates to.
Pretty much like normal bank notes? Correct me if I am wrong, if someone has a better understanding
It's a bearer's instrument right?
I'm confused how you can give the token to someone else with out involving the mint. (Couldn't you reveal the token to someone as payment and then double spend it?)
Yes you can, and I think they are only meant to be used by yourself or that the recipient redeems them instantly
Awesome. People are going crazy over the price and exchanges and bangers like this go unnoticed, it's crazy.
It's a pity that there is no donation link there.
Out of curiosity, can't one do that already using the lntipbot in reddit?
Deposit to it from an LN wallet, withdraw to a different LN wallet, sats history lost.
Or am I missing something?
This gives you privacy from the operators as well which you don't have with lntipbot
How? Privacy is based on trusting a centralized entity that relays the transaction. They should be the same.
After a bit of playing around with it, I think the sats are either stored as cashu tokens or are easily converted to/from cashu tokens.
The documentation is not clear though.
It's also the same as transacting to a custodial wallet and doing your transaction from there.
Actually, one could also use Stacker News for this.
New alpha site just came online. Uses Chaumian mints to blind payments. This is the api site. No app yet, but pretty easy to try via OpenAPI
We should somehow standardise the donate@example.com address for donations to projects.
Thus, an easy way to donate would be to pay thru LN to donate@asats.io, without asking for donation addresses etc.
For additional comments on Anonsats, see also another post found here on SN:
Anonsats seems to be pushing some flex on Twitter - any clue who they are? #100447 https://twitter.com/anonsats/status/1601205458320363523 [Nitter]
Interesting service.
Will try to remember this because I'd actually use this one day ... if there is a nice UI instead of this API
/wallet/deposit Anonsats Lightning Deposit is loading forever, never got a LN invoice.
I gave it a try! Works as expected, but I don't exactly understand how it works. Is my balance stored as a blinded signature, so that they can't link an incoming transaction with an outgoing transaction? And if this is the case, how can this be confirmed, without trusting the creators?