The offline cash puzzle solved by a local blockchain
Abstract A major drawback in deploying central bank digital currencies (CBDC) is the offline puzzle, which requires that a CBDC must keep the liquidity provision given by cash, and, simultaneously, avoid double‐spending, cloning, and other issues. The puzzle is solved by minting the coins in serial...
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| Format: | Article |
| Language: | English |
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Wiley
2024-03-01
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| Series: | IET Blockchain |
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| Online Access: | https://doi.org/10.1049/blc2.12049 |