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According to the bitcoin protocol, every four years the creation of bitcoin slows down�meaning slower and slower expansion of the money supply until it. A monetary system based on central bank public goods, using a digital version of sovereign currency as its foundation, could foster. If crypto assets indeed lead to a more prominent role for commodity money in the digital age, the demand for central bank money is likely to decline. Monopoly.

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Information from the new block is transformed into a cryptographic code. The tokenisation of deposits takes this principle and translates the operation to DLT by creating a digital representation of deposits on the DLT platform, and settling them in a decentralised manner. The only way to channel rewards to validators, thus maintaining incentives, is to limit the capacity of the blockchain, thus keeping fees high, sustained by congestion. In other words, not only the technology but also the incentives need to work.