Post by Powermeat
On the differences between Fedimint and Cashu from my perspective.
Fedimint is federated (meaning the ecash mechanics and the on-chain multisig), Cashu is always a single mint operator with Lightning abilities. Both are custodial in that sense. However, the rugpull risk is reduced in the federated model but it's also (often a lot) harder to implement as a programmer (it's a truly great achievement!).
Cashu is more about the ecash protocol itself. We're writing libraries in different programming languages and we have Python, Golang, JavaScript and Typescript so far. The goal is to design a simple ecash protocol that everyone can easily implement into their custodial Bitcoin application and benefit from the ecash protocol (near-perfect privacy and other benefits).
The first few examples so far are
* running a mint in LNbits
* A Python wallet and mint github.com/cashubtc/cashu
* A Go wallet and mint github.com/cashubtc/cashu-feni
* A JS wallet cashu.me
* A TS wallet nutstash.app
* A swap service redeem.cashu.me
* A faucet www.gandlaf.com/faucet/anarchy
* and soon more
More info at cashu.space and at github.com/cashubtc
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Thanks for the code and chill call yesterday, it definitely helped me understand some technical aspects. I wanted to get your thoughts on how this could be applied to something like the recent beta release of atomic swaps with XMR on Samourai. Would there be a way for a mint to hold both Monero and
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I wrote a short intro blog post to Cashu here, WDYT?
maxmoney.substack.com/p/ecash-for-better-bitcoin-privacy
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Oh thanks, I didn't know cashu wasn't federated because I have not looked into it yet! I knew fedi before cashu so I just assumed it's the same concept.
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Tried out the faucet and can't get past this screen 😞
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