Nostr Web Client

"Having one Chaumian mint is cool, having an internet of Chaumian mints that can all interoperate via the Lightning Network is way cooler!"

Excellent podcast with #[0] , #[1] , #[2] and rodarmor

on Fedimint and federated Chaumian ecash! (1 year ago)

https://www.youtube.com/watch?v=A_7-DsreUQg

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Discussion

oobiyou 2y ago

Can’t wait to dig in to chaumian. Learn. Learn. Learn.

#[0]

Matt 2y ago

If you’re getting into cashu try Nutstash!

oobiyou 2y ago

🫡followed. Thanks!

Nicolas ₿ ⚡️ 🇦🇷🧉🤙💜 2y ago

I love more the concept of Cashu and I also I do with the concept of a network of mints. What

I’m not sure or convinced is with the narrative fedimints people have

I don’t think there will exist “neighborhood, family or tribe” federations as a significant thing. Keeping your node and mint up and running so everyone can use is a big responsibility

So I think there will rather be “big professional federations”.. imagine if RSK for instance would decide to use their same federated security for the side chain but now to also run a mint and port tokens from the sidechain into programable tokens in the mint or things like that

But small mints I’m not convinced. I would want to own a node and a mint for family and friend and then have an electricity problem or a latency issue leaving everybody blocked

In addition, the bigger the federation is the bigger the economic activity and services within so it’ll become more attractive to be in a mint where you can do lots of things vs in a small federation where you basically need to move in and out every time

Alex B. 2y ago

Community banking isn’t exactly a foreign concept..

I do agree at a certain scale it requires “professional” management of the mint but paying someone who’s outside the mint just falls back to regular custodial LN. Not exactly a UX pain