Read_639 - How Fedimint Scales Bitcoin Custody [Namcios]

July 26, 2022 00:46:45
Read_639 - How Fedimint Scales Bitcoin Custody [Namcios]
Bitcoin Audible
Read_639 - How Fedimint Scales Bitcoin Custody [Namcios]

Jul 26 2022 | 00:46:45

/

Hosted By

Guy Swann

Show Notes

“Fedi and Fedimint will help put monetary power back into the hands of everyone, everywhere,” said Fedi Inc. co-founder and CEO, Obi Nwosu, in a statement. “This creates brighter futures for billions and especially for those struggling under oppressive regimes, which ultimately makes the world a better place.” - Namcios The cypherpunk mission of Chaumian Ecash may finally be realized, as a federated payment model on top of Bitcoin. Fedi, the company implmenting a user-friendly, community custody system for the Fedimint protocol, raised $4 million recently to bring this technology to market. There are numerous trade offs, but it remains a very unique and fascinating technology to add to the Bitcoin stack. This will act as an introduction to the idea as we dig further into it in future episodes. Enjoy! Check out the original article by Namcios, and on Bitcoin Magazine: https://bitcoinmagazine.com/technical/how-fedimint-scales-bitcoin-custody Check out Obi's speech from Bitcoin2022, and the Fedi crew getting into the details on TFTC: Bitcoin2022 Obi - https://youtu.be/OwJL0J_nPDE?t=14319 TFTC - https://www.youtube.com/watch?v=b67lfH0SoYY&t=0s Check out our amazing sponsors and the products that Guy uses most in the space: • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Coinkite.com Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 25, 2024 00:56:42
Episode Cover

Read_830 - How Bitcoin Thrived Through the China Ban

"China’s current ways to censor the Internet are to block connections from IP servers serving content and block protocol-level attempts, such as Tor, at...

Listen

Episode

May 29, 2018 00:20:53
Episode Cover

CryptoQuikRead_080 - Amid Chaos, Our Decentralized Future is Being Built

“These prospects have stirred a hive mind of dreamers and fueled an unprecedented bout of economic speculation. We don't know where it's headed. But...

Listen

Episode

April 19, 2023 01:06:37
Episode Cover

Read_722 - Purple Text, Orange Highlights [Dergigi]

"I believe that in the open /attention/ information economy we find ourselves in, value will mostly derive from effective curation, dissemination, and transmission of...

Listen