Probably because it's the point was to have a custodial application (like ecash) but also have it verifiable that they aren't committing fraud on the backend by rehypothecating the actual number of bitcoins the custodian is holding.
At least that's my guess.
sathoarder
npub1m5…hympt
2024-04-05 17:56:14
in reply to nevent1q…ay0s
Author Public Key
npub1m5mr8y7wgvcufav43hgda376xsm0t5qrerur30m23ek6w8gmn88q9hymptPublished at
2024-04-05 17:56:14Event JSON
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"pubkey": "dd363393ce4331c4f5958dd0dec7da3436f5d003c8f838bf6a8e6da71d1b99ce",
"created_at": 1712332574,
"kind": 1,
"tags": [
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[
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"content": "Probably because it's the point was to have a custodial application (like ecash) but also have it verifiable that they aren't committing fraud on the backend by rehypothecating the actual number of bitcoins the custodian is holding.\n\nAt least that's my guess.",
"sig": "471faeb22697e004408580196f453b8e1c48ce6f710aaec91c80493dbd10d787abcfe31811aec864e0b562d45443bac7aef1728d190aafd2f945f5b988081b03"
}