Bitcoin.Review Podcast with NVK & Guests
BR031 Cashu & Fedimint: ecash, Bitcoin's layer 3 & scalability ft. Calle, E Sirion, Rijndael & Odell
11 Apr 2023
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: [email protected] Nostr & LN:⚡[email protected] (not an email!) Full show notes: https://bitcoin.review/podcast/episode-31
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