Bitcoin-Powered Chaumian E-Cash and the Path to Decentralization

Exploring the history of digital payments, this chapter covers the rise and fall of e-cash projects like Digi Cash, the emergence of Bitcoin as a decentralized solution, and the potential for reviving anonymous digital cash. It discusses the challenges faced by custodial systems, scalability issues in non-custodial implementations like lightning wallets, and the importance of finding effective solutions for scaling Bitcoin.

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