6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC087: Bitcoin Fedimint - A Decentralized Custody Protocol w/ Obi Nwosu (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Ecash Is Only Within the Domain of the Exchange.

The federation is busines any balance on chain, orn on network as well. Because it's not locking at balance, there's nothing to stopa federation habing connected to multipor different elespedes. So if one balance channels were exhausted, for example, you could load balance over to another elespepe and provide a much more reliable payment experience which are not up after four hours of talk with an lspepe pes. If you imagine connecting to 500 intermittent lightning nodes with small amounts of balance, and locking up all of them to cover all potential scenarios - this would be the ideal solution. Or else your network will constantly recalculate howmuch money can be transferred in

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode