spacestr

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calle
Member since: 2022-10-30
calle
calle 1d

https://numopay.org/

calle
calle 1d

Very bad strategy.

calle
calle 1d

100% – clearly a genius and massive chad

calle
calle 1d

check out amazon nitro / intel sgx etc

calle
calle 1d

definition of a pleb slopper

calle
calle 1d

I met someone working directly with David Chaum and he told me that Chaum loves and hates Cashu. He loves it because we're making use of a modern version of his invention. And he hates it because he doesn't own and control it 😂.

calle
calle 1d

I wish I could show Hal Finney we're building.

calle
calle 2d

pure cringe and retarded but also completely irrelevant so 🤷‍♂️

calle
calle 1d

this is always what I think about, Hal would fucking love this I think

calle
calle 2d

cashu.space

calle
calle 2d

there are some technical nuances worth mentioning, but they're well worth the tradeoffs IMO. biggest win: regulatory. you can't access the bitcoin, so you're not a custodian. this would be massive. inflation: ecash mint can't print more than it receives in btc. this is what hal finney did with his rPoW back in the day, but it wasn't tied to an existing currency. reproducible builds: the mint is reproducible meaning that anyone can verify whether the version running in the enclave is malicious or not. the operator could potentially run malicious code but transparent logs would prove that the operator acted maliciously. denial of service: this the biggest practical risk. the mint operator could simply turn it off and stop processing payments. since they can't rug the bitcoin, it doesn't really benefit the operator. if the operator used a funding source that expires, like ark, they would even risk losing their bitcoin which would disincentivize this behavior. just to be clear: this does not reduce the risk to zero, but it does get rid of the biggest regulatory concerns which means that public organizations that can be held accountable have a realistic path for running mints without becoming custodians. it's not a pipe dream, feasibility has been demonstrated internally. this is coming. it's a win win win for bitcoin and bitcoiners.

calle
calle 2d

Cashu is an open protocol for Chaumian Ecash that covers the most use cases. Protocols don’t belong to anyone. No company, no VC, no committees. Use it as you please. Fork it. Build on it. Run it for you, your community, or company. Nobody owns – and I love that.

calle
calle 6d

Las Vegas is what you'd get if you asked GPT-2.5 to build a city.

calle
calle 2d

non-custodial cashu ecash mints inside an enclave. ecash mint + bitcoin private keys are generated inside the enclave and never leave it. the mint operator can't rug the bitcoin. neither can it rug the ecash. I REPEAT: NON-CUSTODIAL ECASH MINTS FOR BITCOIN ARE COMING

calle
calle 29d

not all url params are bad xD

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