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I wonder why should this currency use blockchain if it's backed by government and doesn't need decentralized consensus?
by nikivi 6y ago
I wonder why should this currency use blockchain if it's backed by government and doesn't need decentralized consensus?
- hfsp 6y ago"The design of eCNY borrows only a few minor technical elements from Bitcoin and does not use the so-called blockchain technology, a ledgerlike system, which most cryptocurrencies rely on, officials from the People’s Bank of China have said."