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What is CBDC (What is CBB Capacitance)

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What is CBDC? CBDC is a decentralized network. It is an open and permissionless

What is CBDC (What is CBB Capacitance)

What is CBDC? CBDC is a decentralized network. It is an open and permissionless network. Its goal is to become a secure, reliable, and scalable application ecosystem.

We know that blockchain is an open-source version of distributed ledger technology (DLT) used to build various applications or smart contracts, such as lending markets, payment systems, insurance repositories, and all other use cases. Additionally, they provide a high level of privacy – preventing hacker attacks and providing access control to user data.

For developers, CBDC offers a simple but fast way to achieve these functionalities, enabling them to deploy their projects easily without affecting any infrastructure. CBDC promotes the contribution of developers and other participants by publishing their own code on the blockchain – which is significantly faster than traditional internet services and does not rely on intermediaries or middlemen.

What is CBB Capacitance

In the Bitcoin Lightning Network, there is a network technology called CBB (Elliptic Curve Cryptography). It can solve performance issues that most computers currently cannot achieve, such as low bandwidth, high latency, and expensive computation. To achieve this goal, developers need to deploy CBB as a general-purpose blockchain protocol, and the core of this project involves using “asymmetric cryptography” to protect its security. This solution uses its own PoW (Proof of Work) algorithm and CBN/SHA256 consensus mechanism to avoid situations where a single miner node rejects a transaction.

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