Cryptocurrency Q&A
What is the difference between Bitcoin and digital yuan?
What is the difference between Bitcoin and digital yuan?
Sara
Wed Dec 25 2024
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7 answers
1818
I want to understand the difference between Bitcoin and digital yuan. I know they are both digital currencies, but what are the main distinctions between them in terms of their origin, function, and usage?
7 answers
ShintoBlessing
Fri Dec 27 2024
In contrast, the digital yuan is managed by the People's Bank of China (PBOC).
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Martino
Fri Dec 27 2024
The digital yuan stands apart from cryptocurrencies such as Bitcoin.
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BlockchainBaronessGuard
Fri Dec 27 2024
The digital yuan uses a centralised ledger system.
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Margherita
Fri Dec 27 2024
Bitcoin operates on a decentralised platform, leveraging an open-source ledger.
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SamuraiCourage
Fri Dec 27 2024
The ledger for the digital yuan is closed-source, meaning its code is not publicly available.
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