Discover and read the best of Twitter Threads about #privatekeys
Most recents (3)
[1/🧵] @DigiEuro interviewed @moderndosh and @AntonyWelfare on the @Ripple #CBDC-Manager software.
The underlying private #CBDC-ledger based on #XRPL was also heavily discussed.
I summarized the most of the interview for you, along with my personal comments. 🧵👇
The underlying private #CBDC-ledger based on #XRPL was also heavily discussed.
I summarized the most of the interview for you, along with my personal comments. 🧵👇
[2/19] To begin, if you are completely unfamiliar with #CBDCs and the #Ripple solution, here is a nice place to start:
[3/19] One important reason for using a private version of the public #XRPL is that a central #bank needs to be able to control the #money supply.
Why use a private ledger ❓
▶️ Central banks and #governments must be able to mint and destroy #currencies.
Why use a private ledger ❓
▶️ Central banks and #governments must be able to mint and destroy #currencies.
Join @Mo_RELS and @G4sp4rD in just a few here at @NFCsummit to learn how NOT to get rekt in #NFT land!
Follow along below as we live-tweet their talk! 👇
Follow along below as we live-tweet their talk! 👇
"The whole idea is that now, you're becoming your own bank. What we usually say is that with big freedom comes big responsibility. The problem today is...lack of education for how to properly secure your assets" - @Mo_RELS.
"The #blockchain is a public ledger that's open to everyone. When you create your first address on the blockchain, you're being given a pair of keys - the private keys and the public keys...the private keys are the most important thing to secure in the crypto world" - @G4sp4rD
Most #cryptocurrency exchange owners and #newschannels in #India seem to be pretty much clueless about what the exact definition of a private cryptocurrency is.
Thread continued👇
Thread continued👇
This confusion and chaos has been driven by the recent #hysteria about the government apparently confused whether to do a #cryptoban or #regulatecrypto.
All those news articles that sprung up about the #fakeban, initially were based upon this generic understanding that all #cryptocurrencies are private in nature.
