thank you sir ✌ makes a tonne of sense. appreciate the insight and look forward to seeing more statechain stuff being built out then

Yeah - in addition to that there’s also the fact that if a Fedimint goes down you are truly fucked, in a mercurylayer you can still go back to the base chain since you have a transaction you can broadcast :)

kevin

right. right. that sounds really good. and sorry to be annoying but just to take back to the top and tie it out for me, what you're saying is: there can be cryptographic proof of the IOUs in a statechain, but not fedimint?

_b_o_n_e_s_

ecash

Is There A Way To Prove Mints Aren't Inflating Supply?

siggy47

Yes, there's nothing stopping it technologically from functioning in a similar way. Someone has to build it of course, but it shouldn't be much harder than building something for an ecash mint. It's kind of the same principle.

A Fedimint can act as a lightning gateway to the outside world letting you receive/send ecash.

Similarly a mercurylayer statechain provider can do the same. Act as a LN gateway and give you statechain "UTXOs".