i agree that the expectation your ecash will be there in a year is lower than on chain. i think there's a way that you can say the same of lightning. i'm proposing a system that would be somewhere in between. do we call all of these different things, just because the durability is different? what about alby or phoenix? this seems fundamentally different than stablecoins to me

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jb55's avatar
jb55 _@jb55.com 5 months ago
the token identity becomes a lot more important because cashu tokens are liabilities. with lightning the provenance doesn't matter as much because once its in my channel I don't care where it came from, the transaction is final. with cashu the transaction is not final, and only become so when you liquidate it into a channel you control.