TheKid.999 on Nostr: Because you need btc to make the ecash token. So when you send btc to an ecash wallet ...
Because you need btc to make the ecash token.
So when you send btc to an ecash wallet the mint takes the btc and give you a token then when you are going to s3nd from your ecash wallet you tell the mint to make a payment on your behalf so you give the mint the tokens and the make the transaction for you this is how it becomes private
So the purpose of ecash is to make your payments private that they will not trace bwck to you.
Published at
2024-05-28 18:15:25Event JSON
{
"id": "32addaee006cc1a0ccaa792c8ac7cbdef7fecf86c7bed33236a2fbfd3d0603c9",
"pubkey": "980d1fa6460d817c5a3640dabb5e78625392d7fe00f21d256ea9661bcf6e2c04",
"created_at": 1716920125,
"kind": 1,
"tags": [
[
"e",
"4a47f577655dce52e14b99061c7d2179531cae5f92d8a3d8b68147615b8c6996",
"",
"root"
],
[
"e",
"245b0cbc8f36dc46976e1ef08031fc111c70052ba6c6c63f9dd4798ae8ecb881",
"",
"reply"
],
[
"p",
"747adf8e9036ed78b47eca762bf80bc41af34df6da7bd44876cf2d27e6b7dd64"
],
[
"p",
"c1831fbe2653f76164421d57db6cee38b8cef8ce6771bc65c12f8543de4b39bf"
]
],
"content": "Because you need btc to make the ecash token. \n\nSo when you send btc to an ecash wallet the mint takes the btc and give you a token then when you are going to s3nd from your ecash wallet you tell the mint to make a payment on your behalf so you give the mint the tokens and the make the transaction for you this is how it becomes private \n\nSo the purpose of ecash is to make your payments private that they will not trace bwck to you. ",
"sig": "ba2edfea1be2d19eab13b1d4c6494523ceee0414b09344e25f1701e7c39cec3a9373aa92dad3867eedffc1eaec6d4929c2c43204a4f3967f507435cb89d22a6c"
}