4min chapter

The Café Bitcoin Podcast cover image

Swan Private Macro Friday with Steven Lubka, John Haar, TXMC and Joe Carlasare + AI4ALL Hackathon with Kody Low and Fedi - July 28th, 2023

The Café Bitcoin Podcast

CHAPTER

FETI Mint: A Chami and E-Cash Bank

FETI mint is a way to do Chami and E-cash, which is just like technology for that David John came up with in the 1980s. So you have very good privacy with your Bitcoin, but then also how do you make it so that instead of it's just one centralized issuer of like the mint? And so that's where FETI mint comes from, right? The thing that you see is lightning invoices. It's happening on the back end is that you're using the federations lightning gateway in order to complete the payment on that side.

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