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2026-05-18 06:16:51 UTC

Five on Nostr: I like nutzaps because: 1. Better verification assuming the mint is widely trusted - ...

I like nutzaps because:
1. Better verification assuming the mint is widely trusted - > reputation builds up
2. Still some degree of plausible deniability: You could say ecash doesn't equal real money, it's an IOU (not a lawyer)
3. No peel-chain type of privacy leak like with Bitcoin
4. More stable from a developer standpoint because there is no third party involved in the publishing of the zap receipt like with LN zaps
5. Funny name

LN zaps:
- Less verifiable probably due to random LN nodes posting the zap receipt
- Worse stability of receipt structure : it is third party publishing with whatever tags they want. You can just propose the event as a client app
- Better deniability due to the above

Onchain:
- Very strong verifiability
- Privacy ramifications most users can't calculate beforehand
- Future fees and waiting times if bitcoin succeeds

Most use a custodian LN wallet (99.9%) anyway and there's really no way to abstract away the privacy consequences of onchain so ecash is my winner.
You know nostr is just reusing one pubkey for all posts, right? Then you use that key, that knows everything about you, to send zaps which include public keys of everyone involved, right? It's all public on Nostr.