Federated Chaumian Mints on Lightning - Scaling Bitcoin to 10 Billion People

<p>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.</p> <p>0:00 Introducing Eric, Casey, and Odell’s work and the concept of chamian mints.</p> <p>5:15 What is means to have a federated chamian mint system. Defining the challenges these systems aim to resolve.</p> <p>14:28 What is a blind signature and how is it used?</p> <p>19:17 How and why did the original eCash project (DigiCash) end?</p> <p>24:29 Clarifying the distinction between blind signatures and chamian mints.</p> <p>24:46 Why would the current banking system want federated chamian mints?</p> <p>27:16 Tangible benefits of chamian mints along with some downsides to consider.</p> <p>29:48 Defining what a federated chamian mint is.</p> <p>31:30 How do you get from a chamian mint to a federated chamian mint and how does the Lightning network integrate with it?</p> <p>37:47 How can people get involved in Eric’s work? What should they know?</p> <p>42:53 When will the pressure to adopt federated chamian mints start?</p> <p>46:25 How does all of this relate to CoinJoins?</p> <p>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.</p> <p>57:05 Would it be better to build into the protocol ways to eject members and vote in new ones?</p> <p>59:10 Shinobi joins! Plus, how to use federated chamian mints to enforce complex smart contracts.</p> <p>1:03:24 The problem with centralized domain names.</p> <p>1:07:09 Scaling pressures Lightning is going to face.</p> <p>1:13:18 Incentivizing the members of the federation: Has requiring time-locked fidelity bonds for members been considered?</p> <p>1:17:48 Closing remarks and how listeners can get involved with Bitcoin and open source projects.</p> <p><span style= "font-weight: 400;">--