In 2. Relying on incentives.
A system that can rug everyone is kinda bad isn't it? Eg: I don't put lots of funds in Wallet of Satoshi. If WOS rugges everyone, I lose a little money. But WOS rugging everyone is attractive isn't it. There's a lots of bitcoin locked in them.
Also, I'm wondering is it hard for entity like WOS to implement ecash into their system as a default. I'm already trusting them with a little money, if they turn everything into ecash, it least I can get privacy.
Yes. If you're going to use a custodian, ecash is a win.
Doesn't it make it rugpulls more likely? So far I didn't notice any LN custodian rugpull but several ecash mints already did.
It's the exact same risk. Which ecash mint rugged pulled, I didn't hear of a single one so far, can you provide examples?
If people behind custodian are known, they can be regulated by state and forced to deanon their users. If they aren't known, they can rug pull more easily.
I don't know exact. I just heard it
custodians mint can decide to make them known and be regulated in the same exact way, the only difference is that they cant offer a cleartext database of their clients.
I think we can elaborate a better solution than state surveillance that incentivize to not rugpull.
Pls do. Cos as it stands, ecash has low chance of being implement at scale
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