Eggs in One Basket: Security and Convenience of Digital Currencies

Charles M. Kahn, Francisco Rivadeneyra & Tsz-Nga Wong
Digital currencies store balances in anonymous electronic addresses. This paper analyzes the trade-offs between the safety and convenience of aggregating balances in addresses, electronic wallets and banks.

Registration Year

  • 2021
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Resource Types

  • Text
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Affiliations

  • University of Illinois Urbana-Champaign
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  • Federal Reserve Bank of Richmond
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  • Bank of Canada
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