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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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Bibliographic Details
Main Author: Henrique de Carvalho Videira
Format: Artigo
Language:Inglês
Published: Wiley 2024-03-01
Series:IET Blockchain
Subjects:
Online Access:https://doi.org/10.1049/blc2.12049
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