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elsirion authored Feb 11, 2025
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# Getting Started

:::info
This guide has been developed as a community project and is a live document. We would appreciate any feedback you may have and you can submit edits, corrections and pull requests through the link at the bottom of each page.
This guide has been developed as a community project and is a live document. We would appreciate any feedback you may have and you can submit edits, corrections and pull requests through the link at the bottom of each page. Let’s build the future of Bitcoin custody together!
:::

Fedimint is a modular open source protocol to custody and transact bitcoin in a community context, built on a strong foundation of privacy.
Imagine a world where your community becomes its own bank, collectively managing and transacting Bitcoin while prioritizing privacy and accountability. That’s the power of Fedimint.

Fedimint is a modular, open-source protocol that reimagines how communities’ custody and transact Bitcoin. With privacy at its core, it empowers everyday people to take control of their financial future—together.


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![Fedimint Simple Concept](/img/raw-figures/fm-simple-concept-excalidraw.png)

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If you are confident taking self custody of your bitcoin and running your own nodes, we highly recommend you do so. We are building Fedimint as a superior alternative to 3rd party custody. Fedimint is a mechanism for Bitcoiners and trusted community members to onboard their local communities to Bitcoin in a more accountable and private way.
If you’re already comfortable self-custodying your Bitcoin and running your own nodes, fantastic! Keep doing that. But for those seeking an alternative to third-party custodians, Fedimint provides a robust and community-focused solution.

Fedimint unlocks new possibilities for Bitcoiners by bringing together trust, accountability, and privacy under one powerful protocol. It transforms Bitcoin custody from an individual task to a shared responsibility.
Think of it as community banking—but with Bitcoin, greater privacy, and no central bank.


Here’s a quick tour to get you up to speed on the Fedimint protocol. We’ll break down key concepts, trade-offs, technologies, and essential terms so you can navigate this innovative solution with confidence.We close this tour with an overview of several use cases we believe Fedimint can help with.


Our goal is simple: make understanding Fedimint as easy and engaging as possible.This documentation explains how Fedimint works, in a manner that is easily digestible by a non technical audience, inspired by the bitcoin.org wiki.

This is a quick tour through the protocol to help you understand how it works and to answer questions around the trade offs, technologies, and common terms you might hear. We close this tour with an overview of several use cases we believe Fedimint can help with.
The following high level overview of the documentation was recorded for the [bitcoin design community](https://bitcoin.design) on 20th September 2022—and we’re just getting started. Now it’s your turn.

The purpose of this documentation is to explain how Fedimint works, in a manner that is easily digestible by a non technical audience, inspired by the bitcoin.org wiki.

The following high level overview of the documentation was recorded for the [bitcoin design community](https://bitcoin.design) on 20th September 2022.
Thank you for being part of this exciting journey. Together, we’ll shape a future where communities reclaim their financial power through Bitcoin.

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