4 ms·
But why do that though? If the currency is going to be centrally issued then what reason is there to use a DLT given all of the drawbacks it would introduce?
by headmelted 6y ago
But why do that though?
If the currency is going to be centrally issued then what reason is there to use a DLT given all of the drawbacks it would introduce?
DLTs aren’t a solution to a technical problem, they’re a technical solution to a trust problem that comes with some pretty hefty implementation baggage and performance constraints.
If you have to trust a single issuer anyway (as would be the case with a CBDC) then the core reason for using a DLT doesn’t exist.