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by danialtz 1946 days ago
Right on point distinction. There are various models:

- almost all CBDC designs are transparent (monitored and stored), since they sit on the ledger and has to be auditable by a third party. So, the only way to allow privacy is to give some „vouchers“ that those transactions are either not stored or stored with a different key. ECB has proposed one such designs, e.g. 300 euro vouchers a day.

- there are other models that do not use DLTs so they can provide means not to store specific txns, hence private.

If stored, it can be audited.