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Ben Arc27d ago
Fascinating. Nice find. Funny how the conceptual work that created bitcoin gets forgotten, and we rebuild ecash on bitcoin with same flaws. Maybe someone will make an ecash on bitcoin with its own blockchain to complete the while loop 😂
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Replies (3)

epsql27d ago
Do you mean that cashu and fedi are not the final instantiation of what chaumian ecash could be? I was assuming that the trade offs that we're seeing on these two systems aren't something we can get rid of, but maybe I was wrong? I'd like to know more
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Marc26d ago
This is an awesome find. I tried the Cashu extension on LNBits when it was a thing and accidentally double spent like 30,000 sats. It wasn't a big deal. I was the only one using it and I knew I didn't have those sata anymore, but it taught me fractional reserve banking can happen by accident. I still like cashu, mostly for educational purposes. My hypothesis is tools like brrr.gandalf.com can be used as tangible realia to teach people how to use Bitcoin. I think of it as a physical ChangeTip we used to use back in the day. I made a YouTube video about the website yesterday, but I want to make sure I convey the danger of putting Bitcoin on mints. Again, I understand people can get rugged, even if it's unintentional. Do you think it's possible to use these notes for small amounts of Bitcoin(like a few pennies) to teach people the concepts of self custody from a pedogogical perspective?
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Simon Consulting26d ago
Hi @Ben Arc just out of curiosity: what exactly are the flaws of ecash?
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