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3498 sats \ 4 replies \ @guyfawkes 25 Dec 2022 \ on: What happens to sats in an LNbits wallet if lost? bitcoin
Great question.
Another question is are there advantages to setting up a cashu mint for family members as opposed to LNbits wallets?
Peace of mind. Are your family members fully comfortable with you being able to see all of their transactions? If you set up cashu, that's not a concern, since you can't see their transactions nor their balances.
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I’ve heard of cashu but have not looked into it yet. Well i’ve seen headlines from posts mentioning it. I’m guessing it’s similar to LNbits just more private for the users?
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It's an extension for LNbits that lets you crate chaumium-eCash tokens. Instead of a db entry that credits your clients, you can issue a bearer token (cash) to them. You can play central bank and print your own money brrrrrr. The advantage is, that the tokens are hard to trace, so it's more anonymous and your clients have better privacy
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This sounds very fun to play around with.
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