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About FYP

FlypMe (FYP) is a cryptocurrency launched in 2017. FYP has a current supply of 35.28M with 0 in circulation. The last known price of FYP is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://flyp.me/.

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FYP Price Statistics
FYP’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9580
FYP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$180,724.56
FYP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
FYP Supply
Circulating Supply
0
Total Supply
35.28M
Max Supply
0
Updated Oct 09, 2024 9:30 am
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FYP
FlypMe
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
BIS And Central Banks Discuss Legal Issues And CBDC System Design
BIS And Central Banks Discuss Legal Issues And CBDC System Design
According to Odaily, the Bank for International Settlements (BIS) and several central banks have recently published a paper addressing legal issues and the design of Central Bank Digital Currency (CBDC) systems. The participating central banks include the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve Board, the Swedish Riksbank, and the Swiss National Bank. One of the key debates highlighted in the paper is whether CBDC systems should adopt a centralized or decentralized model. In a two-tier system, one option is the hub-and-spoke model, where updates are controlled by the central bank, but data ownership is decentralized. Alternatively, a peer-to-peer design could be implemented, allowing shared update permissions. The paper notes that centralized systems tend to have weaker resilience due to single points of failure, which could become bottlenecks. However, the authors do not consider it appropriate to decentralize the core settlement authority of CBDC systems. In a modular design, core settlement can remain centralized, while other aspects, such as identity, can be decentralized. Privacy is another significant issue facing CBDCs. While existing technologies can achieve privacy, newer privacy-enhancing technologies (PETs), such as Secure Multi-Party Computation (SMPC) or Zero-Knowledge Proofs (ZKP), offer greater flexibility. However, based on the experiences of two central banks and the BIS Innovation Hub, there is skepticism about whether PETs are ready for real-time execution, given concerns about their complexity and reliability. The paper also explores other topics, including cybersecurity, offline CBDC functionality, and compatibility with existing point-of-sale systems. These discussions are crucial as central banks worldwide continue to explore the potential implementation of CBDCs, balancing innovation with security and privacy considerations.
Dec 01, 2024 2:53 pm

Frequently Asked Questions

  • What is the all-time high price of FlypMe (FYP)?

    The all-time high of FYP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of FlypMe (FYP) is 0. The current price of FYP is down 0% from its all-time high.

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  • How much FlypMe (FYP) is there in circulation?

    As of , there is currently 0 FYP in circulation. FYP has a maximum supply of 0.

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  • What is the market cap of FlypMe (FYP)?

    The current market cap of FYP is 0. It is calculated by multiplying the current supply of FYP by its real-time market price of 0.

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  • What is the all-time low price of FlypMe (FYP)?

    The all-time low of FYP was 0 , from which the coin is now up 0%. The all-time low price of FlypMe (FYP) is 0. The current price of FYP is up 0% from its all-time low.

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  • Is FlypMe (FYP) a good investment?

    FlypMe (FYP) has a market capitalization of $0 and is ranked #9580 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze FlypMe (FYP) price trends and patterns to find the best time to purchase FYP.

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