New rumors have appeared around China's upcoming national cryptocurrency (DCEP) - it seems that it will really be completely centralized. Local news outlets disseminate information that the bandwidth of DCEP will be 220 thousand transactions per second, that is, tens of thousands of times more than Bitcoin with its 7 transactions per second.
Young Wang, a senior fellow at the China People’s University’s fintech institute, claims that blockchain speed is a good sign.
In July, DCEP set a new pace amid news from the Libra project. Binance analysts conducted a study of centralized cryptocurrency back in late August. The exchange report noted that DCEP will indeed collect important information from user to user