Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol

“Fedimint” is an abbreviation of the words, “federated” and “mint.” The concept was originally conceived in 1983 by renowned computer scientist and cryptographer, David Chaum, and later used to create e-cash, a primordial, albeit centralized, version of today’s cryptocurrencies. E-cash used blind signatures to preserve user privacy. Blind signatures allow a sender’s message to be cryptographically blinded (or hidden) before being digitally signed by the recipient, thereby preserving the sender’s anonymity.