I am very excited for this. I believe the settlement time for this transaction could be very low.
1: NFC to move ecash tokens to merchant device
2a: if merchant trust mint, reissue ecash to themselves.
2b: if merchant does not trust mint, sweep with lightning to themselves.
The case for 2b is a little more complicated because the sweep would incur fees that the merchant may want to charge the customer for.
Overall though this seems like a super good payments flow, I love it!
WaterBoy
npub1vz…nyevx
2025-03-19 08:17:18
in reply to nevent1q…2ede
Author Public Key
npub1vzpzppy8f4g3gd5sfm2q7q72ldlsy7dshjptkdujvdpllpl9pj0q7nyevxSeen on
wss://relay.nostr.bandPublished at
2025-03-19 08:17:18Event JSON
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"content": "I am very excited for this. I believe the settlement time for this transaction could be very low. \n1: NFC to move ecash tokens to merchant device\n2a: if merchant trust mint, reissue ecash to themselves.\n2b: if merchant does not trust mint, sweep with lightning to themselves.\n\nThe case for 2b is a little more complicated because the sweep would incur fees that the merchant may want to charge the customer for. \n\nOverall though this seems like a super good payments flow, I love it! ",
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