I love more the concept of Cashu and I also I do with the concept of a network of mints. What
I’m not sure or convinced is with the narrative fedimints people have
I don’t think there will exist “neighborhood, family or tribe” federations as a significant thing. Keeping your node and mint up and running so everyone can use is a big responsibility
So I think there will rather be “big professional federations”.. imagine if RSK for instance would decide to use their same federated security for the side chain but now to also run a mint and port tokens from the sidechain into programable tokens in the mint or things like that
But small mints I’m not convinced. I would want to own a node and a mint for family and friend and then have an electricity problem or a latency issue leaving everybody blocked
In addition, the bigger the federation is the bigger the economic activity and services within so it’ll become more attractive to be in a mint where you can do lots of things vs in a small federation where you basically need to move in and out every time
nico / Nicolas ₿ ⚡️ 🇦🇷🧉🤙💜
npub1qq…lsu7e
2023-04-09 13:26:35
in reply to nevent1q…54at
Author Public Key
npub1qqqqqqpn745uwp5ummzhtjsqqkg6xxp3awmgmcswm8ahs03lc2rshlsu7ePublished at
2023-04-09 13:26:35Event JSON
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"content": "I love more the concept of Cashu and I also I do with the concept of a network of mints. What \nI’m not sure or convinced is with the narrative fedimints people have\n\nI don’t think there will exist “neighborhood, family or tribe” federations as a significant thing. Keeping your node and mint up and running so everyone can use is a big responsibility \n\nSo I think there will rather be “big professional federations”.. imagine if RSK for instance would decide to use their same federated security for the side chain but now to also run a mint and port tokens from the sidechain into programable tokens in the mint or things like that \n\nBut small mints I’m not convinced. I would want to own a node and a mint for family and friend and then have an electricity problem or a latency issue leaving everybody blocked \n\nIn addition, the bigger the federation is the bigger the economic activity and services within so it’ll become more attractive to be in a mint where you can do lots of things vs in a small federation where you basically need to move in and out every time",
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