The link between fedi ecash tokens is still through custodial software. The tokens are only minted by the federation, but to redeem them, the software still needs to be hosted. The fedi mint is a single point of failure, and at that point and for general use, cashu in its current form is a perfectly acceptable way to use a custodian.
If you trust the cashu custodian to host the mint, you probably can trust them to not rug your tokens, at least in the short term. It's not perfect, but there aren't any silver bullets yet, both lightning and ecash aren't perfect alone, but together they largely solve the majority of end-user issues. Adoption of them together provide tools to solve many market problems.
If market use-cases are identified, and solutions are built around them, the need amplifies to find better solutions to the ecash custody problem. We know the problem is solvable, the only debate is over how and whether better solutions might emerge.
Patience is key, education is paramount.
Brunswick
npub1c8…q6lkc
2025-06-03 20:18:55
in reply to nevent1q…f5ey
Author Public Key
npub1c856kwjk524kef97hazw5e9jlkjq4333r6yxh2rtgefpd894ddpsmq6lkcPublished at
2025-06-03 20:18:55Event JSON
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"content": "The link between fedi ecash tokens is still through custodial software. The tokens are only minted by the federation, but to redeem them, the software still needs to be hosted. The fedi mint is a single point of failure, and at that point and for general use, cashu in its current form is a perfectly acceptable way to use a custodian.\n\nIf you trust the cashu custodian to host the mint, you probably can trust them to not rug your tokens, at least in the short term. It's not perfect, but there aren't any silver bullets yet, both lightning and ecash aren't perfect alone, but together they largely solve the majority of end-user issues. Adoption of them together provide tools to solve many market problems.\n\nIf market use-cases are identified, and solutions are built around them, the need amplifies to find better solutions to the ecash custody problem. We know the problem is solvable, the only debate is over how and whether better solutions might emerge.\n\nPatience is key, education is paramount.",
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