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goatmeal | 6 months ago (raw) | root | parent | reply | flag 
 if someone wandered into https://ethresear.ch and proposed chaumian ecash, everyone there would have said "that's FUCKING stupid get out."
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doot | 6 months ago (raw) | root | parent | reply | flag +1 
 no they wouldn’t, even if it’s custodial it’s still a very elegant application of blind signatures for payments. 

if it was somehow only proposed today you’d find they’d would just to try find a way to make it non-custodial probably
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goatmeal | 6 months ago (raw) | root | parent | reply | flag +2 
 the number of bitcoiners who don't care that chaumian ecash is custodial is frankly astonishing. this is supposed to be treated like an emergency. chaumian ecash throws trustlessness completely out the window. I am completely stunned by the mental gymnastics they are using to rationalize it.
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Pepe_NOSTRos | 6 months ago (raw) | root | parent | reply | flag +1 
 its an altcoin. not mad at it. i like it for what it can do. everything has its limitations. use with alt wallets and some care.
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doot | 6 months ago (raw) | root | parent | reply | flag 
 custodians are not the enemy retard- your priors are completely wrong.

interesting tho, id love to hear your mental gymnastics to rationalise why arbitrum/optimism/etc are fine when their bridge contracts are upgradable by a multisig. no-one seems to care that none of ethereum’s L2s are trustless despite being marketed like they are.
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doot | 6 months ago (raw) | root | parent | reply | flag 
 aren’t trustless*
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goatmeal | 6 months ago (raw) | root | parent | reply | flag 
 I've said it a million times. nobody has a finished rollup yet. the development comes in stages. at stage 2 there are no more training wheels. it's meant to be completely trustless at stage 2 and until then stage 1 rollups still have escape hatches so your funds cannot be stolen or blocked from withdrawal. and the design would not coerce people into using custodians like lightning does because it doesn't use payment channels. rollups are a better foundation than payment channels.
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doot | 5 months ago (raw) | root | parent | reply | flag 
 oh ok, well no-one has finished lighting or cashu then either. stage 2 cashu is completely self-custodial- it’s on the roadmap
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Pepe_NOSTRos | 6 months ago (raw) | root | parent | reply | flag 
 it is an elegant solution but yes they would bend it to fit their mission. thats their job.