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•  Configure which fiat tokens to accept, or  delegate the decision to a third party; •


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centre-whitepaper

• 

Configure which fiat tokens to accept, or 

delegate the decision to a third party;

• 

Publish rates for exchanging fiat tokens;



• 

Configure trust levels as rules dictating which 

other node owners and network participants 

to trust, or to delegate the decision to a 

third party such as a payment network;

• 

Exchange metadata about a transaction before 

any value is transferred and deny/approve 

transactions based on the metadata;



• 

Ensure that value transfers execute atomically 

and quickly through the use of state channels.



CENTRE   

|

   15



CENTRE WHITEPAPER   

|

   DOCUMENT VERSION 2.0 



While the initial CENTRE node implementation (unlike 

the original Circle implementation of the protocols) 

is intended to operate on Ethereum, the use of state 

channels allows the network to be implemented on 

multiple blockchains and perform atomic transfers 

across blockchains. Thus in the future, participants 

would not necessarily be limited to Ethereum and 

new blockchains could be added to the network.

2.7 Technology Implementation Notes


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