100 sats \ 1 reply \ @nullcount OP 27 Apr \ parent \ on: Sill bullish on eCash? bitcoin
Maybe the mints/tokens become abstracted away from end users.
Just like how your Tor browser selects a handful of relays to route with, maybe a fedimint enabled wallet will auto-select a handful of mints to distribute user balances.
Instead of earning "yield" like a traditional savings account, you pay a "tax" whenever one of the mints that held some of your balance rugs or is shutdown.
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10 sats \ 0 replies \ @om 27 Apr
This is already in development for Cashu. The user of several Cashu mints can make a Lightning payment cashing in tokens from multiple mints, and the receiver doesn't have to know.
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