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Prometheus and Epimetheus in the Digital Age | German Bundesbank
The President of Germany’s central bank, Jens Weidmann, has warned that implementing central bank digital currencies (CBDCs) could lead to the destabilization of global financial systems, especially during times of fiscal crisis.
tags: Fintech CryptoAssets AltCoins CBDC
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Bandwidth-Efficient Transaction Relay for Bitcoin
A newly-proposed relay protocol called Erlay could reduce the transaction bandwidth used up by bitcoin nodes by up to 75%. The proposed protocol alters the way transactions are relayed, for example, by sending transaction announcements directly only over a small subset of connections. The authors include Greg Maxwell and Pieter Wuille.
tags: Fintech CryptoAssets Bitcoin