Brazil’s Central Bank Uploads CBDC Files to GitHub – Digital BRL Rollout Imminent?
The Brazilian Central Bank has uploaded a large collection of central bank digital currency (CBDC)-related documents to GitHub – as the nation edges closer to a digital real rollout.
The collection of documents was uploaded to the bank’s GitHub page on June 3, but a number of files were also updated on June 4.
The Brazilian media outlet Portal do Bitcoin pointed out that the documents contain key details about four aspects of the coin.
Namely, these are the architecture of the CBDC’s ongoing pilot, network connection issues, smart contracts, and “sample smart contracts.”
But, to the chagrin of some GitHub users, the documents do not contain the project’s source code.
One repository user asked which block explorer the central bank was planning to use, while another mused:
“I would also like the source code. After all, it was created using public resources. It should be made public, so that everyone can examine it and suggest improvements. Why isn’t software that was developed using taxpayers’ money made free?”
But another user claimed they were working on “reverse engineering” the digital real’s source code – and was “quite far along” with the project.
In response to these demands, a user (whose username appears to match with that of a Business Assistant at the bank) claimed:
“The source codes of the contracts developed for the digital BRL pilot will be published after the completion of the tests […] and necessary code audits. Block explorers will not be determined by the Central Bank. Each participant is responsible for using the explorer that best suits their needs.”
The Central Bank has previously explained that the pilot CBDC will use an open-source, Ethereum network-compatible permissioned blockchain named Hyperledger Besu.
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