Oddbean new post about | logout
 This isn't shitcoinery.  It's a legit method  to possibly evolve the ecosystem.  With that said though, I agree that there needs to always be actual sats backing any ecash transaction.  Also need redundancy in the ecash mints.  Could there be a way maybe to require ecash mints be in clusters of 4.  So that the (4) in the cluster are each clones of one another. With the sats being held in a multisig wallet, so that 2 of the 4 mint clones hold the same multisig key and the other 2 mint clones hold the other multisig key.  I guess this would make it a separate layer 2 network completely separate from lightning though.