I made a map of all the ecash on bitcoin projects I could find:
Interactive version with links at the link above.
Let me know if I should add anything.
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I made a map of all the ecash on bitcoin projects I could find:
Interactive version with links at the link above.
Let me know if I should add anything.
TBH, I'm quite young with Bitcoin. I'm still learning basics about Bitcoin. When I see anything like cashu/Fedimints, this makes it really very difficult. I'm kinda confused..
Is Bitcoin not enough to succeed as sound money? Why do we need alternates?Is Bitcoin not enough to succeed as sound money? Why do we need alternates?
Think about it this way: bitcoin is censorship resistant, fixed supply money. You can actually own bitcoin and no one can seize it from you.
But these attributes are not free. They come at a cost: 10 minute block times, limited block space, needing to run a node to verify the bitcoin you receive.
Things like ecash are being explored for use cases where people don't necessarily need or want to pay for all the heavy duty benefits of bitcoin, but they want some of the benefits.
Class of 2022, I've felt the same.
Is there a worse name for a bitcoin tech than fucking "Fedimint"? lol
Seriously. I think "Doublemint" every time I hear it. They need some twins to help sell the concept.
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These are all attempts to scale bitcoin, but none of them is definitive yet. Will there ever be one?
It's more like ecash is a tool for bitcoiners to use. It lets bitcoiners do things they can't do with bitcoin (currently, maybe this changes) but it doesn't really scale bitcoin. It doesn't allow more people to use bitcoin because it's not bitcoin. But it still may be useful.
I tried using ecash but I don’t find it applicable at least for me
We are so early!
Your website is definitely very helpful and interactive! As a beginner I can learn so much from there. So, thank you for creating it.
I like the design of your website. Very clean work there! Like the way you've gathered all of them together.
Love this infographic! I had no idea there was this much in the ecash ecosystem - and its likely to grow! Cheers!
"on Bitcoin" doesn't seem like a very helpful distinction in the ecash context given any form of ecash can be trivially exchanged for Bitcoin.
Let's widen our apertures.
A central server running a non-chaumian version of ecash called Webcash (https://webcash.org/) has been in operation for ~30 months now with minimal downtime. It has a distribution mechanism enabled by SHA256 POW, inspired by Bitcoin but with an accelerated emissions curve. There is an easy to use Webcash wallet called WebCasa (https://webcasa.app/). Both of the projects are open source and can be found on Github.
Isnt Webcash Bryan Bishop's project? I think I heard him talk about it on Vlad's podcast or somewhere.
I don't understand what the benefit of non-chaumian ecash is. Wouldn't it mean the mint could see what you are doing, and if so why is it better than the current banking system?
Chaumian ecash is already a step in the direction of adding a third party, so why would we give up the benefits of privacy and censorship resistance and take on the third party risk?
Forgive me if I am misunderstanding how webcash works. I need to look into it more.
Thanks to information brow. Great
This is good!
Cringe
hehehe I like your fascination with ecash that you even created a special section on your website 😂😂
Hustle remembers when the lightning projects map was that small.
Good stuff! Thanks for putting this together.
Bravo