If we're talking Bitcoin terms then Cashu is very much custodial. The mint is the custodian of all sats and can refuse to back them at any time. You might be self-custodial with your Cashu tokens but the underlying value is held by the mint.
That being said I agree that we'll continue to see improvements to base layer that allow TX to scale to the global level. There's so many proposals that can bring advancements to Bitcoin for this that will eventually make it to base that I have no worries we'll be good.
Patrick
npub1pa…79h9a
2025-03-22 20:27:10
in reply to nevent1q…6kvz
Author Public Key
npub1patrlck0muvqevgytp4etpen0xsvrlw0hscp4qxgy40n852lqwwsz79h9aPublished at
2025-03-22 20:27:10Event JSON
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"content": "If we're talking Bitcoin terms then Cashu is very much custodial. The mint is the custodian of all sats and can refuse to back them at any time. You might be self-custodial with your Cashu tokens but the underlying value is held by the mint. \n\nThat being said I agree that we'll continue to see improvements to base layer that allow TX to scale to the global level. There's so many proposals that can bring advancements to Bitcoin for this that will eventually make it to base that I have no worries we'll be good. ",
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