EthanTuttle on Nostr: Fedimint is a federation ecash system (and can be much more since it's modular). ...
Fedimint is a federation ecash system (and can be much more since it's modular). Cashu is a non-federated ecash system. Both take in bitcoin and issue ecash notes. These ecash notes are 1:1 IOUs for bitcoin but use blinded signatures by the mint to preserve privacy. They also use LN for interoperability between other bitcoin projects/wallets/etc.
happy to go further if this wasn't detailed enough.
also check out
https://fedimint.orgPublished at
2023-10-17 17:08:41Event JSON
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"created_at": 1697562521,
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"content": "Fedimint is a federation ecash system (and can be much more since it's modular). Cashu is a non-federated ecash system. Both take in bitcoin and issue ecash notes. These ecash notes are 1:1 IOUs for bitcoin but use blinded signatures by the mint to preserve privacy. They also use LN for interoperability between other bitcoin projects/wallets/etc.\n\nhappy to go further if this wasn't detailed enough.\nalso check out https://fedimint.org",
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