Fedimint

In 2022, Obi Nwosu had a vision to empower disenfranchised communities worldwide with technology that could help them more easily custody and use their bitcoin. As of August 6, 2024, that vision became a reality when Fedi launched its superapp, which is much more than just a platform for money management.

Lightning is becoming a translation layer, or a glue, that holds together different systems built on Bitcoin.

Fedi and Stak are organizing a month-long hackathon that brings together the AI and Bitcoin communities.

The unique test event, utilizing fedimints, will serve as a proving ground for Fedi Alpha and offer a look at how the technology works.

The company, now having raised $21.21 million, aims to pre-launch the alpha version of its federated operating system later in May.

Fedi is teaming up with Epoch to reward 2.54 bitcoin in a hackathon that aims to boost its Fedimint-based community custody and privacy platform.

Fedi is working to change the face of bitcoin self-custody by onboarding millions of people onto bitcoin by getting them off exchanges.

A group of developers in Malaysia are working to incorporate FROST and Taproot to create federated Chaumian mints with the Fedimint protocol.

If this user experience can be replicated on mainnet, it is easy to see how federated Chaumian Mints can quickly become popular for widespread use.

Ben Carman and Tony Giorgio break down how the Lightning Network functions and what to expect in the coming years from Bitcoin and Lightning.