The Boston Fed’s Project Hamilton CBDC research has wrapped up.
The Fed also hinted that work had continued on OpenCBDC, noting that it had reaching a throughput rate of 1.84 million transactions per second. That is presumably on the non-blockchain version, which had reached 1.7 million transactions per second as of February. The blockchain version processed 170,000 transactions per second as of that time.to Boston Fed president Susan Collins on Dec. 1.
“There has been insufficient visibility into the interaction between Project Hamilton and the private sector.” The letter’s authors asked about the involvement of private firms in the research and expressed concern about unfair advantages for research participants in future CBDC development. They also asked about the project’s approach to privacy. They requested written responses without suggesting a deadline.
The letter did not name specific private firms associated with the project. The white paper did not acknowledge any private involvement.
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