Think of the changes being rolled out as a set of upgrades being added to improve the Ethereum we use immediately. These upgrades included the creation of a brand new chain known as the Beacon Chain, and can introduce new chains often called ‘shards’ sooner or later. Extra on the Ethereum upgrades
A CBDC would also allow for more flexible transacting, the Fed stated. Payments could possibly be scheduled for sure occasions and used for small transfers that traditional systems may not permit for. And while providers like PayPal and crypto payment Venmo already have some of these capabilities, a CBDC would enable users to make such transfers without a personal third party.
Not like externally owned accounts, contract accounts can’t initiate new transactions on their very own. As an alternative, contract accounts can solely fireplace transactions in response to other transactions they have received (from an externally owned account or from one other contract account). We’ll be taught extra about contract-to-contract calls within the “Transactions and Messages” section.
