Altcoins Talks - Cryptocurrency Forum

Further Discussions => Blockchain Technology => Topic started by: Dociko on April 17, 2021, 02:07:29 PM

Title: You can’t talk about blockchain and not bring up CBDCs and stablecoins
Post by: Dociko on April 17, 2021, 02:07:29 PM
Economies are currently experiencing the development of brand new ideas around CBDCs, stablecoins or private digital currencies.
Ever since the publication of Satoshi Nakamoto’s white paper back in November 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System,” the term “blockchain” has been synonymous with digital currencies in the sense of the underlying technology that allows for the transfer of value, peer-to-peer.

What’s interesting is that the term “blockchain” is not used once in that white paper. The purpose of the paper was to propose a solution to the core issue of double-spending a digital currency, which is the representation of a transfer of value directly between transacting parties, without the use of a central trusted third party.
Source:  Cointelegraph (https://cointelegraph.com/news/you-can-t-talk-about-blockchain-and-not-bring-up-cbdcs-and-stablecoins)