Fedi to Go Open Source on Bitcoin Genesis Anniversary

Fedi announced it will release its entire software stack as open source on January 3rd, marking the anniversary of the Bitcoin genesis block. This move fulfills a pledge made at its 2024 launch and transitions the code from a business source license to the Affero General Public License (AGPL), a copyleft license ensuring derivative works remain open.

The timing reflects Fedi's commitment to community ownership and grassroots financial infrastructure, aiming to remove vendor lock-in risks for communities using its platform. Fedi combines encrypted messaging, bitcoin payments, and Mini App extensions, with wallet infrastructure powered by the Fedimint protocol, which enables shared bitcoin custody via federated trust models.

Fedimint is based on David Chaum's early concepts for Chaumian e-cash, aiming to bridge the privacy of centralized digital cash with Bitcoin's decentralized security. By distributing custody among independent operators (guardians), Fedimint seeks to reduce censorship risk while using Bitcoin as the reserve asset, allowing communities to deploy shared financial infrastructure independent of banks.

(Source：Bitcoin Magazine)