Show notes
In this episode of Bitcoin Spaces Live, host P (@phjlljp) is joined by some Lightning network experts (Eric, Casey, and Odell) to discuss Federated Chamian Mints on the Lightning network and how they could help scale Bitcoin to the whole world. 0:00 Introducing Eric, Casey, and Odell’s work and the concept of chamian mints. 5:15 What is means to have a federated chamian mint system. Defining the challenges these systems aim to resolve. 14:28 What is a blind signature and how is it used? 19:17 How and why did the original eCash project (DigiCash) end? 24:29 Clarifying the distinction between blind signatures and chamian mints. 24:46 Why would the current banking system want federated chamian mints? 27:16 Tangible benefits of chamian mints along with some downsides to consider. 29:48 Defining what a federated chamian mint is. 31:30 How do you get from a chamian mint to a federated chamian mint and how does the Lightning network integrate with it? 37:47 How can people get involved in Eric’s work? What should they know? 42:53 When will the pressure to adopt federated chamian mints start? 46:25 How does all of this relate to CoinJoins? 49:41 Is there anticipated negative attention coming for federated chamian mints? How long before they become a regulation target? 56:23 Exploring the community of banking and where mini mints fit in. 57:05 Would it be better to build into the protocol ways to eject members and vote in new ones? 59:10 Shinobi joins! Plus, how to use federated chamian mints to enforce complex smart contracts. 1:03:24 The problem with centralized domain names. 1:07:09 Scaling pressures Lightning is going to face. 1:13:18 Incentivizing the members of the federation: Has requiring time-locked fidelity bonds for members been considered? 1:17:48 Closing remarks and how listeners can get involved with Bitcoin and open source projects. --------------------------------------------- Bitcoin Magazine is back in print! Get Bitcoin Magazine shipped directly to your front door! Get 21% off with promo code: MAG21 https://store.bitcoinmagazine.com/discount/MAG21?redirect=%2Fproducts%2Fbitcoin-magazine-annual-subscription "The Deep Dive" delivers the latest Bitcoin on-chain market intelligence directly to your inbox! Check it out for free here! deepdivebtc.substack.com/welcome Bitcoin 2022 will be the biggest Bitcoin conference ever! Miami, FL from April 6–9, 2022 Get 15% off tickets with promo code: MAG21 https://b.tc/conference/



