cbdc:public:cbdc_omg:04_doc:90_recommend:93_recomend:60_test
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cbdc:public:cbdc_omg:04_doc:90_recommend:93_recomend:60_test [2022/05/19 19:07] nick |
cbdc:public:cbdc_omg:04_doc:90_recommend:93_recomend:60_test [2022/05/19 19:08] (current) nick |
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| In order to successfully operate the U.S. CBDC based on Cryptocurrencies, even if they are [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:s:stablecoin | Stablecoins]], it is important to determine if Gas is necessary and if so how much it will cost and who will pick up the cost of processing. Based on the example provided in the DIDO-RA on Gas costs on PoW Ethereum, the cost is about is approximately 40 Million to 400 Million times more expensive than using a centralized server-based solution such as [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:a:aws | Amazon Web Services (AWS)]]. | In order to successfully operate the U.S. CBDC based on Cryptocurrencies, even if they are [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:s:stablecoin | Stablecoins]], it is important to determine if Gas is necessary and if so how much it will cost and who will pick up the cost of processing. Based on the example provided in the DIDO-RA on Gas costs on PoW Ethereum, the cost is about is approximately 40 Million to 400 Million times more expensive than using a centralized server-based solution such as [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:a:aws | Amazon Web Services (AWS)]]. | ||
| - | There are some high profile CBDCs (see Table {{ref>otherCBDC}} ) that are underway, ad these need to be analyzed for applicability to a U.S. CBDC. | + | There are some high profile CBDCs (see Table {{ref>otherCBDC}} ) that are underway, ad these need to be analyzed for applicability to a U.S. CBDC and understanding how these other CBDCs use Gas if at all. |
| <table otherCBDC> | <table otherCBDC> | ||
cbdc/public/cbdc_omg/04_doc/90_recommend/93_recomend/60_test.1653001637.txt.gz · Last modified: 2022/05/19 19:07 by nick
