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People’s Bank of China started advanced testing of digital currency
- CalmStorm 6y agoIt is mentioned in the article that the digital currency supports offline transactions. How can this be done with blockchain, which required up-to-date information to validate transactions?
- yorwba 6y agoOne way to implement it would be to defer validation until nodes come back online, and if double-spending is detected at that point, well, that's fraud and it comes with cryptographic proof of guilt. The rest can be handled by the legal system.