Ahto Buldas. Märt Saarepera
The Hamilton Project, conducted by the Federal Reserve Bank of Boston together with the Massachusetts Institute of Technology Digital Currency Initiative, is a concept study on implementing central bank digital currency (CBDC).
This report is based on the information presented in the technical paper [1] of the Hamilton project, where two possible CBDC designs are described. In Section 2, we present basic engineering principles of CBDC design. In Section 3, we analyze both designs in the framework of the engineering principles and compare them with the KSI-Cash [3] and Bitcoin [2].
Authors' version available HERE.