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2023-10-02 15:31:27 UTC
in reply to

Ethan Tuttle on Nostr: Everything is trade offs and incentives. Don't trust mints run by people you think ...

Everything is trade offs and incentives. Don't trust mints run by people you think will inflate the supply. Also, a bank run in ecash is trivial to complete and would audit any malicious printing.

I do agree that ecash is an offchain IOU. Do you mine with a pool? If so, that's an off-chain IOU, most likely.