Why Nostr? What is Njump?
2024-05-21 16:32:55
in reply to

Eric T on Nostr: Simply put, cashu is a protocol for digital cash (ecash). It describes how you can an ...

Simply put, cashu is a protocol for digital cash (ecash). It describes how you can an exchange any asset, e.g. bitcoin, for tokens (minting), and later convert the tokens for the underlying asset (melting)

For more information on how it works and additional context, Calle's interview with Odell is a must listen: https://fountain.fm/episode/9F41y47cxqN2LlE4yQKd

Also this old BM article: https://bitcoinmagazine.com/culture/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream

And this: https://conduition.io/cryptography/ecash-dlc/#Ecash
Author Public Key
npub1llfht66qadyxv44q9rkmequztav07r2ufgd6ytl8w3wjs3ffa5yqy398ja