“Fedi and Fedimint will help put monetary power back into the hands of everyone, everywhere,” said Fedi Inc. co-founder and CEO, Obi Nwosu, in a statement. “This creates brighter futures for billions and especially for those struggling under oppressive regimes, which ultimately makes the world a better place.” – Namcios

The cypherpunk mission of Chaumian Ecash may finally be realized, as a federated payment model on top of Bitcoin. Fedi, the company implmenting a user-friendly, community custody system for the Fedimint protocol, raised $4 million recently to bring this technology to market. There are numerous trade offs, but it remains a very unique and fascinating technology to add to the Bitcoin stack. This will act as an introduction to the idea as we dig further into it in future episodes. Enjoy!

Check out the original article by Namcios, and on Bitcoin Magazine:

https://bitcoinmagazine.com/technical/how-fedimint-scales-bitcoin-custody

Check out Obi’s speech from Bitcoin2022, and the Fedi crew getting into the details on TFTC:

Bitcoin2022 Obi – https://youtu.be/OwJL0J_nPDE?t=14319

TFTC – https://www.youtube.com/watch?v=b67lfH0SoYY&t=0s

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