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⚒️ How does guardianship work? Respected community members form a federation, holding multisig keys. A majority must agree to move funds, preventing any single point of failure. Blind signatures keep guardians from accessing individual balances, protecting user privacy.

Fedimint · 43w
Deposits in Fedimint involve sending Bitcoin to a multisig wallet controlled by guardians. Users receive eCash tokens, backed 1:1 by Bitcoin. Blind signatures ensure privacy—guardians can’t trace tokens, keeping user data hidden.