“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.
Source: https://www.coindesk.com/tech/2022/07/19/fedi-to-build-privacy-focused-bitcoin-mobile-app-on-fedimint-protocol/?utm_medium=referral&utm_source=rss&utm_campaign=headlines