Oddbean new post about login | logout Mostly agree, but what I don't yet fully get is how we trust that something like a bank isn't surveiling transactions anyways. It's easy to say you're running an ecash mint.
Good question, not sure how a bank would go about that (other than "here's our mint")
because in an ecash system, the user creates the ecash, and the mint blinly signs it. It's a user-mint interaction, that only works if both parties play by the book. It's not just like the provider/bank says they are using ecash, and you have to trust them. If you don't understand or would like to know more on how it works, let me know
Thanks, that helps. If you have a link that explains it more I wouldn't mind taking a look
https://fedimint.org/docs/intro I really liked the video explaining it on the fedimint page 😊