Chaumian e-cash for the internet. Blind-signed bearer tokens with double-spend prevention — no blockchains, no mining, no global ledgers.
- Blind signatures — issuer signs without seeing what they sign
- Bearer tokens — possession is ownership, no addresses
- Unlinkable — issuance and spending cannot be correlated
- No blockchain — nullifier gossip + threshold timestamps
- No fees — zero-cost transfers
- Issuer-as-mint — you choose which mints to trust
The Chaumian model: the protocol guarantees privacy and double-spend detection. The mint establishes policy. Vendors choose which mints they accept — just as merchants choose which banks' cards they take.