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The WEF, the Boston Federal Reserve Bank and MIT have been collaborating on this for sometime now. Expect the tech and policy to come from the globalist oriente
by aww_dang 4y ago
The WEF, the Boston Federal Reserve Bank and MIT have been collaborating on this for sometime now. Expect the tech and policy to come from the globalist oriented think tanks and their affiliates.
https://www.bostonfed.org/news-and-events/press-releases/2022/frbb-and-mit-open-cbdc-phase-one.aspx https://www.bostonfed.org/news-and-events/press-releases/202...
https://news.mit.edu/2022/digital-currency-fed-boston-0203 https://news.mit.edu/2022/digital-currency-fed-boston-0203
https://dci.mit.edu/project-hamilton-building-a-hypothetical-cbdc https://dci.mit.edu/project-hamilton-building-a-hypothetical...
https://www.c-span.org/video/?514046-1/senate-hearing-digital-currencies https://www.c-span.org/video/?514046-1/senate-hearing-digita...
- russnes 4y agoVery interesting, thank you! From your second link (digital currency fed boston): The researchers also note that the faster system, the one processing 1.7 million transactions per second, the transaction quantity “appears to scale linearly with the addition of more servers,” which would sustain an even larger volume of activity. To my understanding, the lightning network scales exponentially with the number of participants (servers) because of its edge-contracting capabilities, so I wonder if it is something they took into consideration. Granted, the lightning network transaction protocol is not the same as Taro/RGB, but I imagine it would scale similarly.