MIT and FRB published a white pepper for the digital dollar

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) developed and released the CBDC white paper and source code.

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) unveiled a white paper for the digital dollar and its source code. This text is from community CryptoDeFix. This was done as part of the first phase of a study of its potential release. The CBDC project is called Hamilton, and the papers can be accessed by filling out an online form.

The U.S. CBDC is supposed to assume no intermediaries, show a complete transaction history, a throughput of 1.7 million TPS and transaction finality of up to 2 seconds.

The second phase of CBDC development research will include the search for new technological solutions to ensure the security of digital currency. Designs and features not previously considered will also be tested.