๐ฝ๐๐ ๐ฝ๐ง๐ค๐ฉ๐๐๐ง 2.0, ๐ฃ๐ค๐ฌ ๐ฌ๐๐ฉ๐ ๐ง๐๐๐ก-๐ฉ๐๐ข๐ ๐ฉ๐ง๐๐ฃ๐จ๐๐๐ฉ๐๐ค๐ฃ ๐ข๐ค๐ฃ๐๐ฉ๐ค๐ง๐๐ฃ๐. ๐๐ค, ๐ฉ๐๐๐ฃ๐ ๐ฎ๐ค๐ช!
๐๐ฟ๐ถ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐ฎ๐น๐๐๐ถ๐: The Digital Euro from the Perspective of Core Blockchain Technology
Evelien Witlox, Digital Euro Director at the European Central Bank (ECB), presents a vision for digital payments in her video on the digital euro. However, fundamental questions and concerns remain unanswered. From the perspective of Core Blockchain Technologyโrenowned for its cutting-edge ED448 cryptography and robust regulatory complianceโitโs essential to critically assess these plans.
1๏ธโฃ ๐ฃ๐ฟ๐ถ๐๐ฎ๐ฐ๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐๐ผ๐ป๐๐ฟ๐ผ๐น
The ECB promises privacy but fails to provide technical details. How can a centralized digital euro avoid turning into a mass surveillance tool? Core Blockchain shows thereโs a better way: decentralized technology ensures transactions remain secure and anonymous without giving a single authority total control.
2๏ธโฃ Security and Cryptography
What cryptographic standards will the digital euro rely on? Without a robust, proven system, its security remains in doubt. Core Blockchain uses ED448 cryptography, one of the worldโs most secure algorithms. Can the digital euro measure up?
3๏ธโฃ ๐ข๐ณ๐ณ๐น๐ถ๐ป๐ฒ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐
The claim that the digital euro supports payments without internet or electricity raises significant technical challenges. How will transactions synchronize without a network connection? Core Blockchain has already solved this with documented, advanced cryptographic solutions that enable offline payments.
4๏ธโฃ ๐๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ ๐ฎ๐ป๐ฑ ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป
How will the ECB navigate Europeโs complex and varied regulatory landscape? Core Blockchain has already demonstrated compliance across multiple jurisdictions through a flexible, modular approach that respects both local and international rules.
๐ ๐ ๐ฉ๐ถ๐๐ถ๐ผ๐ป
The digital euro seems primarily like a reaction to the rise of blockchain solutions such as Core. Yet without transparency on privacy, security, and technical feasibility, it remains more of a promise than a credible solution.
The ECB could learn much from technologies like Core Blockchain, which have already delivered secure, scalable, and compliant systems. Until then, the key question remains: does the digital euro truly represent progress, or does it mainly introduce new risks?
๐ช๐ต๐ฎ๐ ๐ฑ๐ผ ๐๐ผ๐ ๐๐ต๐ถ๐ป๐ธ?
hashtag#DigitalEuro hashtag#Blockchain hashtag#Privacy hashtag#Security hashtag#Compliance