econoalchemist on Nostr: Ah, thanks, that was my confusion; I thought the ecash was the token being stored on ...
Ah, thanks, that was my confusion; I thought the ecash was the token being stored on the device. Didn't realize ecash was an IOU held by the mint operator. The way it's presented on the website is: "Ecash is a digital barer token that is stored on a user's device, very similar to physical cash."
https://docs.cashu.space/#Published at
2024-08-31 03:40:20Event JSON
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"pubkey": "7ef5f1b156ea5e7e9f9b787f7951b2d101f77806167a8d44b11468a10e0fcd27",
"created_at": 1725075620,
"kind": 1,
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"content": "Ah, thanks, that was my confusion; I thought the ecash was the token being stored on the device. Didn't realize ecash was an IOU held by the mint operator. The way it's presented on the website is: \"Ecash is a digital barer token that is stored on a user's device, very similar to physical cash.\"\n\nhttps://docs.cashu.space/#",
"sig": "08064e4fb88f6269162f3312d574bcdf1f8994d3c69fdf2d3bf5bbd2a6521b9421188d01c9b54024f19bdd40575dc28cb450d47cf63b59c6943f88ff2a539906"
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