- Edition
- Berlin · nix-edition
- Time
- Fri, Oct 6 · 2:30 PM – 3:00 PM
- Location
- Type
- talk
- Duration
- 30m
Chaumian ecash is now part of the Bitcoin ecosystem which has sparked renewed interest on this almost ancient technology and how it can be used to build the future of permissionless online payment systems. Today, ecash is often seen as a way of making custodial Bitcoin wallets that give users a tremendous level of privacy. However, as I will outline in this talk, the specific properties of ecash enable a new breed of payment systems that were previously not possible to build. These can range from web components for privacy-preserving paywalls or paid online services, to bearer ecash tokens wrapped into various messaging protocols, to new designs for Bitcoin mining pool payouts that remove the link between the miner and their earned rewards. All of these require a basic infrastructure such as Cashu mints and wallets that process ecash user transactions inside the system, as well as their payments from and to the broader Bitcoin Lightning network. As the context in which ecash is used becomes more diverse and specific to each application, Nix becomes ever more relevant for deploying Cashu in the wild.