2 ms·
Considering China has bought up a majority of gold in the past decade, and they're the global leader in production, I'd say CryptoYuan will have the best chance
by prohobo 6y ago
Considering China has bought up a majority of gold in the past decade, and they're the global leader in production, I'd say CryptoYuan will have the best chance of winning out.
I assume they're keeping their designs under wraps for now, but I haven't really taken a deep look. There is some info available though:
* The Chinese Central Bank has filed over 80 patents relating to CryptoYuan, which can be checked out - https://digitalchamber.org/pboc-patent-repository/ https://digitalchamber.org/pboc-patent-repository/
* The European Central Bank released a report in October - https://www.ecb.europa.eu/pub/pdf/other/Report_on_a_digital_euro~4d7268b458.en.pdf https://www.ecb.europa.eu/pub/pdf/other/Report_on_a_digital_...
* The Federal Reserve is apparently still just researching - https://www.federalreserve.gov/econres/notes/feds-notes/central-bank-digital-currency-a-literature-review-20201109.htm https://www.federalreserve.gov/econres/notes/feds-notes/cent...
DDoSing another state's crypto would probably be considered an overt act of war, so I don't know how often that could happen.
I have no idea what Libra is to be honest.