purrtastic@lemmy.nz to Aotearoa / New Zealand@lemmy.nz · 7 months agoReserve Bank considers the digital dollar: 'NZ's money must innovate to stay relevant 'www.rnz.co.nzexternal-linkmessage-square41fedilinkarrow-up113arrow-down12cross-posted to: newzealand@lemmit.online
arrow-up111arrow-down1external-linkReserve Bank considers the digital dollar: 'NZ's money must innovate to stay relevant 'www.rnz.co.nzpurrtastic@lemmy.nz to Aotearoa / New Zealand@lemmy.nz · 7 months agomessage-square41fedilinkcross-posted to: newzealand@lemmit.online
minus-squareJamesNZ@lemmy.worldlinkfedilinkarrow-up1·7 months agoWtf are you on about? Proof of work is to keep the distributed ledgers honest. You need it if you are running a trustless system. If it is a central ledger, which it will be if a government is running it, then there is no need for proof of work.
Wtf are you on about? Proof of work is to keep the distributed ledgers honest. You need it if you are running a trustless system. If it is a central ledger, which it will be if a government is running it, then there is no need for proof of work.