Read_859 - Ecash on Bitcoin

"Ecash got reintroduced with the two open source projects
Fedimint and Cashu. In my opinion, the main reason for this
revival is the following fact: Unlike an implementation of ecash
in the fiat world, that would rely on the permissioned system to
"allow" something like ecash to exist, bitcoin does not come with
that limitation. The permissionless nature of bitcoin allows for
these protocols to exist and interoperate with the existing
bitcoin stack."
-Gandlaf21


Can Ecash, a privacy preserving but centralized and custodial
system, coexist with the decentralized and permissionless nature
of Bitcoin? Does it pose a threat to self-custody, or can it
provide a more private and user-friendly experience for those who
struggle with the complexities of holding their own coins?


Explore the potential benefits and drawbacks of Ecash and its
implications for the future of financial services.



Check out the original article at Ecash on
Bitcoin (Link: https://tinyurl.com/ts6f64yt)



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