Simply put, cashu is a protocol for digital cash (ecash). It describes how you can an exchange any asset, e.g. bitcoin, for tokens (minting), and later convert the tokens for the underlying asset (melting)
For more information on how it works and additional context, Calle's interview with Odell is a must listen: https://fountain.fm/episode/9F41y47cxqN2LlE4yQKd
Also this old BM article: https://bitcoinmagazine.com/culture/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream
And this: https://conduition.io/cryptography/ecash-dlc/#Ecash
Eric T
npub1llf…98ja
2024-05-21 18:32:55
in reply to nevent1q…3d9a
Author Public Key
npub1llfht66qadyxv44q9rkmequztav07r2ufgd6ytl8w3wjs3ffa5yqy398jaPublished at
2024-05-21 18:32:55Event JSON
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"pubkey": "ffd375eb40eb486656a028edbc83825f58ff0d5c4a1ba22fe7745d284529ed08",
"created_at": 1716309175,
"kind": 1,
"tags": [
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[
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"wss://nostr.fmt.wiz.biz",
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],
[
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],
"content": "Simply put, cashu is a protocol for digital cash (ecash). It describes how you can an exchange any asset, e.g. bitcoin, for tokens (minting), and later convert the tokens for the underlying asset (melting)\n\nFor more information on how it works and additional context, Calle's interview with Odell is a must listen: https://fountain.fm/episode/9F41y47cxqN2LlE4yQKd\n\nAlso this old BM article: https://bitcoinmagazine.com/culture/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream\n\nAnd this: https://conduition.io/cryptography/ecash-dlc/#Ecash",
"sig": "5a9fdfba86c5f2232316c9d5cec40e0a162467a11dca2b9274af5eb300919e4b01f988ee5daa96779ec85552f7de94beb43f7400855ec824c07b2f840f9a3a8d"
}