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2026-10-15 13:40:43 UTC
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waxwing on Nostr: It's more zcash or monero style transfers inside, than ecash style, because it's ...

It's more zcash or monero style transfers inside, than ecash style, because it's transfers on an independent ledger. Ecash mints delink payment events; independent ledgers, you can just broadcast your tx p2p, from tor. Just a ledger/blockchain, with the exception you withdraw by interacting with the same guy you deposited at. Receiver doesn't have to be online.

Damn it's hard to describe this succinctly because it's a really a hybrid between an ecash server for btc, with its backing, but now trustless modulo an L2 consensus, and a sidechain for btc. All I can say is, read the paper.