My endeavor to drop an e-cash token utilizing the cashu protocol developed by Calle in the stacker news @saloon for one year has ended.
I did this because I think sending tokens via a text string that can be transacted offline is the coolest thing ever. But the problem I had was not having anyone or anywhere to actually use the tokens I minted, so I decided to give them away for free on stacker news!
Below is the Bulleted Summary of my Experience
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Bots quickly ruined the fun. Soon as I would drop a nut it would be redeemed in seconds
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Apple Notes has a minor bug. The day counter wouldn’t save! The preview of the note would have the correct day but when I clicked on the note to update the day it counter would go to the day previous. Very odd
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I tried different methods to break the bots but none were effective. Public Note was cool and worked but someone spammed it and the host shut the site down. The meme solution created the nut on their platform so I couldn’t tell if the nut was ever redeemed or not. Thus the bots crushed my fun with nuts.
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I tried different wallets during this experiment. The cashu Wallet rugged me when they pushed an update to their PWA. I didn’t write down my seed words so those sats were vaporized! (One reason why don’t like PWAs!) I restarted with Cashu and things were fine. Once Zeus released its Cashu wallet I moved my nut making talents to Zeus. It’s been rocky with Zeus but over time they have made improvements.
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For the mints I only used two. Minibits and OxChat. The OxChat mint stopped working on Zeus for some reason. So a few sats are stuck there. Trying to get help via nostr DMs and Zeus telegram support but both have failed. Minibits mint has worked flawlessly.
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With my daily spam (which caused @Car to block me 😆) a few stackers became interested and spun up some Cashu wallets. But the bots ruined their experience of ever trying to capture a nut but over 365 days of posting I think maybe 5 stackers took notice.
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Trying to defeat the bots I would change a few characters in the long e-cash string but that is when I realized the characters are interchangeable. Makes me think were most of the characters just filler? I didn’t dive deep into the overall protocol to figure out how the encoding works but I found it useless to change strings with no impact to redeeming nuts. Thus bots defeated that idea
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I tried the Sovran wallet and it seem to work great but it was in alpha. It was buggy. I deleted the Wallet after a month or so
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I tried to run my own mint using lnbits and that was a disaster. It worked for about a week then it just stopped working. The errors it was giving I didn’t understand so I deleted and lost sats
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After the cashu wallet I used the E-Nuts wallet a lot! This was my favorite wallet and part of the reason I did this! About half way through the 365 days the Wallet developer abandoned the project. So when the wallet started to have issues I knew they would never get fixed. So I deleted this Wallet and moved back to cashu wallet.
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To the E-nuts developer thanks for making an awesome e-cash wallet. I wanted to use that wallet to onboard people to e-cash (like I tried to do with my friend in Germany!) but in the end it was all for nothing. But the wallet was iOS native and very cool.
In Summary
It was fun in the beginning but in the end I am glad it’s over. After a year of dropping nuts I still don’t have a real reason to keep using e-cash.
Reasons are:
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No one I know uses it or accepts it for anything.
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I have sats stuck on the OxChat mint.
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The cashu PWA upgrades without notice and rugged me.
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The developer for my favorite wallet (e-nuts) abandoned the project.
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Cashu on Zeus feels more like a gimmick than the natural flow I got with the e-nuts Wallet. To mint a nut the wallet start up takes too long.
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The string can get extremely large! I broke the SN character limit on a few nuts.
That is all I can think of who ever wants the rest of my nuts on Minibits comment below and I can send them to you. Maybe it’s just to early for e-cash but I can wait until a killer app or service uses it in a way that sparks my excitement to use it again.