According to Pedro Magalhães, a blockchain developer who claims to have decoded Brazil’s CBDC pilot, the code contains the ability to freeze or reduce funds. Specifically, Magalhães discovered code that would allow accounts to be frozen or emptied at will. See below for all the details. What does Brazil’s CBDC pilot contain? The developer’s comments As anticipated, a blockchain expert recently revealed risky features in the code of the Brazilian central bank’s (CBDC) pilot digital currency. Specifically, the expert decoded the source code of the Brazilian CBDC and discovered the possibility of freezing or reducing funds. However, he pointed outGo to Source
Author: NixCoin
