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21 sats \ 1 reply \ @k00b 27 Jan \ parent \ on: Sat Standard Report 001 meta
We “minted” custodial sats from noncustodial ones. We could’ve “minted” more than we received. We could’ve fractionally reserved them.
The ONLY difference is CCs cannot be withdrawn. I can’t tell why that’d make us more likely to misbehave but that’s okay. I just found it “weird” that this is suddenly a concern.
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154 sats \ 0 replies \ @0xbitcoiner 27 Jan
It's not primarily a concern, but increased transparency benefits stackers and improves security. If someone were to exploit a bug and mint CCs, public data would enable greater community oversight and faster detection.
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