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.
EthanTuttle / Ethan Tuttle
npub1tm…7el78
2023-10-02 15:31:27
in reply to nevent1q…7c56
Author Public Key
npub1tmycvul7aj4fxhypg5qkjgsjtx30zvnrfeufrgx9xlwtv0hne7cs67el78Published at
2023-10-02 15:31:27Event JSON
{
"id": "bc1a1ddd3d81986451c65b66174c8ac85d294f695a654d35d16fd872e03a8626",
"pubkey": "5ec98673feecaa935c81450169221259a2f132634e7891a0c537dcb63ef3cfb1",
"created_at": 1696260687,
"kind": 1,
"tags": [
[
"p",
"70441609369d77ea553d805ee9af58b29e4c39d5b08b3956741839c2f3feebcc",
"wss://nostr.zebedee.cloud",
""
],
[
"p",
"40bdcc08888d98d49d03fb93bffd1cc46d9b8f187d08c9fc81b4adf0ad00fd2c",
"wss://nostr.zebedee.cloud",
"dan"
],
[
"p",
"331dcd701d4785c9ed7f2cbc0d37e72448c810186c9066f16b9c6c69d454df6c",
"wss://nostr.zebedee.cloud",
"Cypher Rex"
],
[
"p",
"af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"wss://nostr.zebedee.cloud",
"Saberhagen The Nameless"
],
[
"e",
"84d8f34a1704aef41bdcbd0a681442ac0bc9a452d84b209f4afd71f6103b64a6",
"",
"root"
],
[
"e",
"14460d4422f90259a4f1e76b9c71f92f05b3e0877366c58beffa530850822544"
],
[
"e",
"91441684a1bb67b73b7057bee2d092d3a66d683cb350077faf864c6b6eecb388",
""
],
[
"e",
"e4ea090b264613160689570129b8496693de6883ee1d36747d2ed5482b8e2a43",
"wss://relay.nostr.band",
"reply"
]
],
"content": "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.\n\nI do agree that ecash is an offchain IOU. Do you mine with a pool? If so, that's an off-chain IOU, most likely.",
"sig": "db9363def526596f2112d3647f19fdd14e055cdb8ab189391674219d8d4b589752130303908b003e5e73c49f31437a4881b54a13a1e4f7ac00aeda2649adc776"
}