
Bitcredit Protocol
583 posts

Bitcredit Protocol
@bitcr_org
A Bitcoin-native Trade Finance Protocol


Huge progress update. We will soon have Cashu Ecash mints in secure enclaves that the mint operator can't steal the Bitcoin from, not can they inflate or manipulate the Ecash supply. The operator has no access to the private keys of the mint. This is amazing news for users and operators alike. It allows us to build tools for communities that allow them to run mints without being afraid of malicious actors, internally or externally, such as security threats from hackers. We're building this for the Bitcoin community first but we're planning to expand this also for local currency communities outside of the crypto space that exist in pockets all around the world. Especially the local currency tech stack is old and antiquated. We're going to give them the most advanced ecash protocol they could ever dream of. For free! Lots of moving parts here: servers, libraries, backend, wallets, and protocol extensions. Incredible work by the entire Cashu team.















Credit money is currency. Base money is finality. Credit money stabilises short-term. Base money in fixed supply long-term. #Bitcoin is the best base money candidate mankind ever had.








