Can't wait until this becomes the norm. More people could use practice, help and guidance between being tood to watch some YouTubes and get a cold wallet.
Pretty much my view too. As long as it's all open sourced and battle tested... then yeah - multi sig with a community around you to teach and show others in a closed environment.
For some reasons people have posted below, this isn't a substitute for mixers, and it's probably not going to be a big thing right now. But it will be a big thing later, along with a host of other infrastructure that offers features and services at every point along the sovereignty / community gradient.
I guess so, any eCash mint could be a way to go in and out and try to break coin heuristics, but federations could be the issue, what if federations say I only accept coins that aren't coinjoined previously or UTXOs need to be verified by some 3rd party chain analysis tool before they can enter the mint?
Fedi mints are literally a federation taking your sats & handing out ecash. Maybe you might know them or they have a good reputation, but ultimately you're not holding your own keys.
In 2007, a U.S. federal grand jury indicted e-gold, accusing it of money laundering, conspiracy, and operating an unlicensed money transmitting business, stating that it knew its service was being abused by identity thieves and child pornographers but did not do enough to stop them.
80IQ. Agree! This is the way
I'm thinking so lol
👀
💯✌️♾️
👀
Can't wait until this becomes the norm. More people could use practice, help and guidance between being tood to watch some YouTubes and get a cold wallet.
Pretty much my view too. As long as it's all open sourced and battle tested... then yeah - multi sig with a community around you to teach and show others in a closed environment.
Fedi released Alpha wallet and testnet... https://www.fedi.xyz/builders
👀
Trying it out. Can't find a route to get me the testnet faucet sats. Will try again later.
Same. Routing error
Agreed, mixers are not good(not the same as coin join). Fedimints are very promising but do require some level of trust as well.
Trust web good. In teaching capacities.
💯✌️
For some reasons people have posted below, this isn't a substitute for mixers, and it's probably not going to be a big thing right now. But it will be a big thing later, along with a host of other infrastructure that offers features and services at every point along the sovereignty / community gradient.
100%
I guess so, any eCash mint could be a way to go in and out and try to break coin heuristics, but federations could be the issue, what if federations say I only accept coins that aren't coinjoined previously or UTXOs need to be verified by some 3rd party chain analysis tool before they can enter the mint?
I think some sort of system like this will have to be used in the future because interacting with the base layer might get prohibitively expensive.
Could be.
May be maybe
Disagree
Fedimint BTC is not your bitcoin. Might be private, but its ultimately not yours
Non custodial?
Fedi mints are literally a federation taking your sats & handing out ecash. Maybe you might know them or they have a good reputation, but ultimately you're not holding your own keys.
https://en.wikipedia.org/wiki/E-gold
Its just a vote of no confidence from me dawg, but I watch how things go from a distance