someone finally answered my question about how you make sure your nostr note data stays around (run a private relay); im not really sure i’d rely on public relays to save my ecash balance yall 😂
https://media1.tenor.com/m/mo2pN_4naMAAAAAC/office-michael.gif
i support accidentally burning ecash to support my bags ngl
When ecash is lost, no sats are lost. The mint still has all of them.
ok but how does the mint know they’re lost?
AFAIK they only know how much sats in cash are out there but not their state. They may require to exchange the ecash after a defined period to see if all sats are still there.
Not your relay, not your ecash. nostr:nevent1qqsxamuxmhhw07s43chur365307vkyrxatj07a9ytmlqggdhmy3v4agpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxtchhkkqwt68l69ju44920qnpct2fkcx5xuxaeen0jeu85a04vevpsgqqqqqqs60572z
So much ecash will be lost. Bitcoin is deflational af
lol, lightning only has like 5k bitcoin in the whole network at one time ecash probably is a couple coins
thats todays numbers. who knows what tomorrow brings. we're still so early.