2min chapter

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How FediMints could ease onboarding and privacy in Bitcoin w/ Eric Sirion and Matt Odell

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CHAPTER

How to Restore a Seed Phrase

The way i like to look at it is, so you have this federation in place. That means the user needs to prove to them in some way that they're who they say they are. The chumer secret stored with the custodians is a very interesting compromise. It still doesn't give one custodian the ability to steal just your funds withoutla an. They would still have to collaborate amongst each other to do that. If you can remove that friction from fediments as well, i think that's another another when obviously there are trit offs with that.

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