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EPISODE
BR031 Cashu & Fedimint: ecash, Bitcoin's layer 3 & scalability ft. Calle, E Sirion, Rijndael & Odell
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
11 Apr • 2hr 15m