dwarner5522 on Nostr: This isn't shitcoinery. It's a legit method to possibly evolve the ecosystem. With ...
This isn't shitcoinery. It's a legit method to possibly evolve the ecosystem. With that said though, I agree that there needs to always be actual sats backing any ecash transaction. Also need redundancy in the ecash mints. Could there be a way maybe to require ecash mints be in clusters of 4. So that the (4) in the cluster are each clones of one another. With the sats being held in a multisig wallet, so that 2 of the 4 mint clones hold the same multisig key and the other 2 mint clones hold the other multisig key. I guess this would make it a separate layer 2 network completely separate from lightning though.
Published at
2024-07-13 16:19:47Event JSON
{
"id": "ef7bd1d5a9f27fd0b689a00b516873ca7c2227b092e9343ec08ead873dcef105",
"pubkey": "62b7d946f227d4ea93cc98a10615e240f072ce3db74c54c6ad5cdde1af00074d",
"created_at": 1720887587,
"kind": 1,
"tags": [
[
"e",
"00899f66d24014876863a328cc46fada54fac570bae70db6da642c6569bf41a8",
"",
"root"
],
[
"e",
"6e795db55952fd9db76345a7e69d83e9e5141296e88fa1084bd79c807f6cc352",
"",
"reply"
],
[
"p",
"fa984bd7dbb282f07e16e7ae87b26a2a7b9b90b7246a44771f0cf5ae58018f52"
],
[
"p",
"5c097e0164f8227fcb545938194f46e557cd61869e04b4cee767d2e8596cdbb6"
]
],
"content": "This isn't shitcoinery. It's a legit method to possibly evolve the ecosystem. With that said though, I agree that there needs to always be actual sats backing any ecash transaction. Also need redundancy in the ecash mints. Could there be a way maybe to require ecash mints be in clusters of 4. So that the (4) in the cluster are each clones of one another. With the sats being held in a multisig wallet, so that 2 of the 4 mint clones hold the same multisig key and the other 2 mint clones hold the other multisig key. I guess this would make it a separate layer 2 network completely separate from lightning though.",
"sig": "cf97b66430992ffc26d3de2be4b0d515ef63d4f9efc006fb1b3e37972a81db9be70cb3bd35769d65b56c2951233e4519daa0a8a9bad1a6132d147793eba5a37b"
}