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girino / Girino Vey!
npub18la…cfsz
2025-02-27 03:08:50
in reply to nevent1q…jqc6

girino on Nostr: So, I'll start with the conclusions: The tests were very good while they did not ...

So, I'll start with the conclusions: The tests were very good while they did not consider privacy. When introducing privacy requirements (the ones currently required both by law and international treaties), the tests were a complete failure. First of all, performance when steeply down. some privacy solutions took several minutes to complete a transaction for the end user. Then came the big problem: none of the privacy solutions had backdoors that would allow the central bank to identify ilegal transactions and block them. So It failed on their main requirement: being able to control people's money without their consent.
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