Sep 27, 2023
What is Fedimint?
What is Fediminint? In simple terms, it’s a community-driven technology enabling more private and decentralized use of Bitcoin. It’s like a secure and private wallet, but run by a community, not a big company.
Fedimint originated from the desire to make Bitcoin transactions even more private and controlled by the community. The main goal? To empower user communities, enhance transaction privacy, and give more control to the individual user. It’s all about decentralization and community power!
At its core, Fedimint operates through a federated structure, bringing together different user groups or “federations.” Users deposit Bitcoin, receive eCash Notes, and the guardians of the system ensure the funds are safe. Read More
