~/talk

Hamilton: A High-Performance Transaction Processor for Central Bank Digital Currencies

Talkat NSDI 2023 · 2023-04-17..04-19· [finance-and-economics, distributed-systems]
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speakerdeck:kevinkarwaski
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slides:none on file

Hamilton is a CBDC transaction processor that achieves 1.7M tps across three AWS regions by making users include input values so validation is stateless Sentinels plus a compact swap executed with 2PC + conservative 2PL across Raft‑replicated shards. The backend stores only 32‑byte UHS hashes for privacy, performs a single round trip for execution, handles a billion-hash dataset in evaluation, and reports end‑to‑end average latency ~0.5s with tail under 2s.

AI-written summary · about

  1. 0:00Introduction to Project Hamilton
  2. 0:34Understanding CBDC concepts
  3. 2:25Key requirements for CBDC systems
  4. 3:46Comparing payment models
  5. 5:25Challenges in current architectures
  6. 7:22The UHS design abstraction
  7. 10:48Executing transactions
  8. 13:08Evaluation and conclusion
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