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Fed Completes First Test With Digital Dollar, Releases Results

In its New York subsidiary, the U.S. Federal Reserve (Fed) completed the first test of Project Cedar, the initiative testing a central bank digital currency (CBDC). The New York Innovation Center (NYIC) carried out this first phase and highlighted the potential for digital assets and blockchain technology to improve legacy payment rails. Related Reading: Twitter […] дальше »

2022-11-5 21:19


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Algorand upgrade introduces trustless cross-chain communication and 5x speed

Algorand (ALGO), a pure proof-of-stake (PoS) blockchain has tremendously improved its network performance and introduced more cross-chain functionality following a significant upgrade. The press release sharing this latest Algorand news  highlighted that the Layer1 network had  introduced State Proofs to its mainnet protocol, a feature that helped bump network speed from 1,200 transactions per second […] The post Algorand upgrade introduces trustless cross-chain communication and 5x speed appeared first on Invezz. дальше »

2022-9-8 18:23