Federated Chaumian Mints Provide A Way For Bitcoin Users To Distribute Trust

We’ve talked about Chaumian Mints in this rag before in the past, specifically MiniMint , and expressed how bullish we are on the concept and the benefits it could bring Bitcoiners in terms of privacy and scalability.

Above is a timestamped YouTube video that begins with a keynote speech from Obi Nwosu describing why he believes that FediMint can provide the Bitcoin open source ecosystem with the missing third pillar of the decentralized stack: custody.

FediMint achieves this by creating a Chaumian Mint that makes it easy for competent technical leaders in a given community to create a multisignature federation to process transactions for less technically competent community members.

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