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0 sats \ 0 replies \ @fake123 14 May \ on: Thinking through Cashu bitcoin
I thought cashu would be good for sites like stacker news, exchange platforms and maybe bitcoin mixers, but I think it's actually bigger than that. Mints being able to prove that their reserves match or exceed liabilities is kind of a game changer for a universal, completely private, yet federated, interchangeable, unlinkable mintbuck denominated in sats with constant solvency proofs and automated bank runs to ensure as little damage as possible from any bad actors.
https://gist.github.com/callebtc/ed5228d1d8cbaade0104db5d1cf63939