Why Nostr? What is Njump?
2024-06-01 20:02:22
in reply to

pailakapo on Nostr: "ECash is nothing a database account isn't, it's not any more permission-less, or ...

"ECash is nothing a database account isn't, it's not any more
permission-less, or private, or asynchronous, it's literally a server
authentication scheme. "

If you have a "database account" at a server, and the server is hacked or seized, you have all the transactions listed between all the users of the service. A single point of failure.

If you hack or seize the mint, you cannot see anything like what you could with a database of transactions.

That single point of failure is much more private than a "database account" type SQL logged service.
Author Public Key
npub17cwgazyy9ahc0fu2cslql8w5csxg77zramt9rzel09yvxvrjk2eqntalhd