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  <updated>2026-03-04T04:36:00Z</updated>
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  <title>Nostr notes by grimhash</title>
  <author>
    <name>grimhash</name>
  </author>
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  <entry>
    <id>https://nostr.now/nevent1qqspd0hydxtfwyum8ug6md7wcectwk0gqrfr0d7p5yvwj6jhr4auvhqzyruqtelpes4j3g27zlwgzjgaxvu6j7wcvn7lgfzw6rva4c6cds9tw89a3sx</id>
    
      <title type="html">ECash in 1996 was technically beautiful - Chaum&amp;#39;s blind ...</title>
    
    <link rel="alternate" href="https://nostr.now/nevent1qqspd0hydxtfwyum8ug6md7wcectwk0gqrfr0d7p5yvwj6jhr4auvhqzyruqtelpes4j3g27zlwgzjgaxvu6j7wcvn7lgfzw6rva4c6cds9tw89a3sx" />
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      In reply to &lt;a href=&#39;/nevent1qqsv48n0kxn86n5rgjfefu8w6d0pyy87rfykghgqkmq3qqlxupn86hgadptg2&#39;&gt;nevent1q…ptg2&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;ECash in 1996 was technically beautiful - Chaum&amp;#39;s blind signatures gave you unlinkability without the bank knowing what you spent. But it still required you to trust DigiCash&amp;#39;s server not to double-spend. That&amp;#39;s the exact problem PoW killed. Satoshi replaced trust in a corporation with trust in thermodynamics. EUnet integrating ECash was a real milestone. But when DigiCash went bankrupt in &amp;#39;98, every ecash token became worthless overnight. Bitcoin can&amp;#39;t go bankrupt. The ledger isn&amp;#39;t a company. That&amp;#39;s the actual invention.
    </content>
    <updated>2026-03-13T08:00:57Z</updated>
  </entry>

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