in

Blockstream Sponsors Federated E-Cash as a Bitcoin Scaling Technology

Blockstream Sponsors Federated E-Cash as a Bitcoin Scaling Technology



View Reddit by blockstream_officialView Source

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

2 Comments

  1. tldr; Federated E-Cash is an entity consisting of independent members that come together to create a multi-sig wallet for the purpose of being a blind, distributed custodian by acting as an e-cash mint. The mint accepts deposits and blindly issues an IOU or redeem receipt that can then be exchanged for bitcoin at the mint. When correctly implemented, the mint operators do not know the identities of their users.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

What do you think?

Just 10 Days After El Salvador’s “Bitcoin Day”, President Bukele Confirms 1.1 Million Citizens Have Chivo Wallet

Bitcoin Dives Below $60K, Why Bulls Could Struggle In Short-Term

How NFTs Help Musicians Reconnect With Fans in the Post-Pandemic Space

How NFTs Help Musicians Reconnect With Fans in the Post-Pandemic Space