MIT and FRB published a white pepper for the digital dollar
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 was done as part of the first phase of a study of its potential release. Data from platform cryptodefix.com. 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.
No comments yet