PANews January 19 News, according to Caixin.com, a person familiar with digital renminbi technology revealed that the digital renminbi based on account system smart contracts is similar to smart contracts on public blockchains; both are essentially “conditional trigger automatic execution code.” The difference lies in whether they have full Turing completeness. The digital renminbi’s account system smart contracts are limited Turing complete, with programming strictly restricted within the template scripts approved by the central bank, supporting only preset, simple conditional trigger functions. This design is mainly for security and risk control considerations. The development of digital renminbi smart contracts supports multiple programming languages, including fully Turing complete languages like Ethereum’s Solidity, so technically it is not an issue. However, the core challenge is how to design a standard access and auditing mechanism that can be accepted by the financial system.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH 15-minute increase of 1.96%: On-chain large fund inflows and technical breakthroughs jointly amplify the rally
2026-03-09 19:15 to 19:30 (UTC), ETH achieved a short-term return of 1.96%, with the price range between 2010.14 and 2050.5 USDT, and an amplitude of 2.01%. Trading volume during this period significantly increased, market attention rapidly grew, and price fluctuations drew high investor interest.
The main driver of this movement was multiple large transfers of over 10,000 ETH on the blockchain, primarily flowing to a major exchange, indicating institutional or large investor accumulation, with positive capital inflows. At 19:15, ETH suddenly
GateNews48m ago
ETH Breaks Through 2050 USDT
Gate News bot message, Gate market display, ETH breaks through 2050 USDT, now priced at 2050.29 USDT.
CryptoRadar50m ago
Huang Licheng increased his ETH long position to 3,775 coins, with a current floating profit of 45.5%.
Gate News Report, March 9: According to Hyperinsight monitoring, "Big Brother Ma Ji" Huang Licheng increased his leveraged ETH long position 25 times to 3,775 ETH. The current position is valued at approximately $7.62 million, with an unrealized profit of $135,000 (+45.5%). The average entry price for this position was $1,998, with a liquidation price of $1,960.
GateNews4h ago
