"Fedi, the Bitcoin company building on top of the open source Fedimint protocol - a privacy-centric bitcoin payments method using Chaumian e-cash - is emerging from a period of quiet development to announce a new groundbreaking feature. Set for release today, this new capability within the Fedi app aims to make the creation of multi-signature e-cash mints easy, private, and secure for communities worldwide with just a few clicks, aligning with cypherpunk principles of decentralization and user sovereignty."
"Built into their increasingly popular Android and iOS apps, the new release allows users to easily create a new Fedimint federation with the help of G-bot, a friendly chatbot interface. Mint founders need to pay a basic service fee, add some basic information in minutes for the mint, and wait a few hours. The G-bot then finds trusted anonymous Guardians to help form the user's mint federation."
Fedi builds on the open-source Fedimint protocol to provide privacy-centric Bitcoin payments using Chaumian e-cash. A new mobile app release enables creation of multi-signature e-cash mints with a few clicks. The release integrates G-bot, a chatbot that guides founders through setup, collects basic mint information, and charges a service fee before a short waiting period. G-bot recruits trusted anonymous Guardians to form federations and decentralize custody of mint bitcoin reserves. Guard anonymity reduces the risk of collusion by making operator coordination and identification difficult. Privacy is emphasized as essential to preserve Bitcoin’s fungibility and resist surveillance. Fedi was founded in 2022 to deliver private digital cash globally.
Read at Bitcoin Magazine
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