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Exploring Cash Use Protocol Design and Federated E-Cash Mint Models
The chapter compares the vulnerability of cash use protocol design and federated e-cash mint models to regulatory scrutiny, highlighting the ease of setting up new mints and the importance of preventing centralization. It discusses running a cashew mint, using Amazon as an example, and emphasizes the privacy benefits of using e-cash. The concept of Pay to Public Key Ecash is explained, showcasing its advantages for instant transactions and offline payments, along with discussions on leveraging Bitcoin for seamless and private payments.