What does HackerNews think of opencbdc-tx?
A transaction processor for a hypothetical, general-purpose, central bank digital currency
Language:
C++
Yeah MIT's project with the Boston Fed is open source, anyone can go commit. https://github.com/mit-dci/opencbdc-tx
- Maximum demonstrated throughput ~1.2M transactions per second.
- Geo-replicated latency <1 second.
Amazing technical feat.
FWIW:
https://github.com/mit-dci/opencbdc-tx
Detailed architecture:
https://github.com/mit-dci/opencbdc-tx/blob/trunk/docs/archi...
Some remarks:
- Seems to be implemented in C++
- Looks like they reused bits and pieces from the Bitcoin code base (bech32, secp256k1, sha256)
- Claim of being able to handle 1.7M TPS
- Experimented with UTXO-style (Bitcoin-like) but seem to have bet on something called "unspent hashes" instead.
- I found very little on things that matter (policy-related):
- How is the "central authority" implemented
- How is the coin supply managed