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 Fedipools01:51:08 Scriptable ecash
01:59:36 Nostr + ecash02:03:52 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 Primer [Bitcoin Design]
eCash for Better Bitcoin Privacy [MAX MONEY 21M]
Cashu Tutorial - Chaumian Ecash On Bitcoin [BTC Sessions]
Episode submission ideas
We’re looking for ideas for interesting panel conversations. To send Bitcoin related questions, just go to bitcoin.review and follow the contact links at the bottom of the page.
Get in touch with the pod
Nostr & LN ⚡nvk@nvk.org (not an email!)