What is the blockchain of CBDC?
CBDC, short for Central Bank Digital Currency, is a digital form of a country's official currency. Blockchain, as the underlying technology of CBDC, provides a decentralized, secure, and transparent ledger system. It enables efficient and programmable transactions, supporting various functions like cross-border payments and offline transactions. Through blockchain, CBDC aims to enhance financial inclusivity, track illicit activities, and offer a more efficient and modern payment system.
Can a blockchain be hacked?
I'm wondering if a blockchain, which is known for its security and decentralization, can actually be hacked. Is it possible for someone to breach the blockchain's security measures?
Is ADA a layer 1?
I'm exploring the concept of ADA and its place in the blockchain ecosystem. Specifically, I'm wondering if ADA is considered a layer 1 solution. I'd like to understand its fundamental properties and how it compares to other layers in the blockchain architecture.
What is the tierion framework in blockchain?
The tierion framework in blockchain is a solution that provides data verification and timestamping services. It allows users to create a tamper-proof record of any data, file, or process, ensuring its authenticity and integrity over time. This framework is useful for various applications such as legal documentation, supply chain management, and intellectual property protection, where the verification of data's origin, time, and state is crucial.
Will Holochain replace Blockchain?
I'm wondering if Holochain, with its decentralized and agent-centric approach, has the potential to replace the traditional Blockchain technology we know today.