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BR031 Cashu & Fedimint: ecash, Bitcoin's layer 3 & scalability ft. Calle, E Sirion, Rijndael & Odell
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I'm joined by guests Calle, Eric Sirion, Odell and Rijndael to discuss ecash.
Discussion Topics:
- 00:01:30 Guest introductions
- 00:02:59 Chaumian ecash origins
- 00:08:04 ecash integration with monetary networks
- 00:13:49 Technicals of ecash
- 00:23:17 Supply and auditability
- 00:27:07 Is ecash the third layer of Bitcoin?
- 00:33:48 Cashu
- 00:38:12 Fedimint
- 00:45:09 Federated signing and sovling the double spend problem
- 00:51:26 Fedimint tradeoffs
- 00:55:24 How does the federation work?
- 00:57:34 Fedimint denomications problem
- 00:58:44 How is a federation formed?
- 01:03:49 Comparing Fedimint to liquid
- 01:07:55 Ease of use setting up a mint
- 01:10:14 Running a federation/setting up a mint
- 01:18:26 The open source movement
- 01:24:03 Proof of reserves in ecash
- 01:39:35 Onchain vs lightning mints
- 01:42:21 Auditability and proof of liabilities
- 01:45:04 Fedipools
- 01:51:08 Scriptable ecash
- 01:59:36 Nostr + ecash
- 02:03:52 Naming ecash units of account
- 02:06:26 ecash integration and intercompatability
- 02:11:49 Final thoughts
Notes & Resources:
- Fallacies of distributed computing [Wikipedia]
- Fedipool: Fedimint Could Mitigate Bitcoin Mining Pool Concerns [Odell]
- Fedimint [Website]/ [Github]
- Fedimint Primer [Bitcoin Design]
- Cashu [Website]/[Github]
- Nutstash
- eCash for Better Bitcoin Privacy [MAX MONEY 21M]
- Cashu Tutorial - Chaumian Ecash On Bitcoin [BTC Sessions]
Links & Contacts:
- Website: https://bitcoin.review/Podcast
- Twitter: https://twitter.com/bitcoinreviewhq
- NVK Twitter: https://twitter.com/nvk
- Telegram: https://t.me/BitcoinReviewPod
- Email: producer@coinkite.com
- Nostr & LN:⚡nvk@nvk.org (not an email!)
Full show notes: https://bitcoin.review/podcast/episode-31
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