Is #eNuts a custodial or a non-custodial wallet?
Well, it stands as both and neither.
In simple words, it is a client that acts as a bridge to any mint and manages #ecash tokens issued by mints in a local database in your device.
It is simply a bearer token manager. Nothing else.
The transition into a custodial wallet might happen once we introduce our own default mint but even this remains optional and therefore subject to discussion for the term custodial wallet.
To simplify the experience for newcomers, we will continue providing a default mint for now.
However, users have the flexibility to host their own independent non-custodial mints, connect it to the wallet and transform the app into a "non-custodial wallet". They can send and receive Ecash from various mints and swap between mints anytime as desired.
In essence, #eNuts users don't have to place trust in the wallet; instead, they can place trust in each other.
Learn about mints & #Ecash for Bitcoin 👇
https://bitcoinmagazine.com/print/how-to-guide-running-an-ecash-mint
eNuts ⚡️🌰
npub1dx…288sj
2023-11-25 22:18:00
Author Public Key
npub1dx5q2el8nd4eh3eg9t2e25fd7zuqg7zxz6ldkc3uzgh66ss2yc6st288sjPublished at
2023-11-25 22:18:00Event JSON
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"content": "Is #eNuts a custodial or a non-custodial wallet?\n\nWell, it stands as both and neither.\n\nIn simple words, it is a client that acts as a bridge to any mint and manages #ecash tokens issued by mints in a local database in your device.\n\nIt is simply a bearer token manager. Nothing else.\n\nThe transition into a custodial wallet might happen once we introduce our own default mint but even this remains optional and therefore subject to discussion for the term custodial wallet.\n\nTo simplify the experience for newcomers, we will continue providing a default mint for now.\n\nHowever, users have the flexibility to host their own independent non-custodial mints, connect it to the wallet and transform the app into a \"non-custodial wallet\". They can send and receive Ecash from various mints and swap between mints anytime as desired.\n\nIn essence, #eNuts users don't have to place trust in the wallet; instead, they can place trust in each other.\n\nLearn about mints \u0026 #Ecash for Bitcoin 👇\nhttps://bitcoinmagazine.com/print/how-to-guide-running-an-ecash-mint",
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