Fedcoin adalah private blockchain

Menurut dokumen ini, Fedcoin menggunakan private blockchain, bukan public blockchain.
" Fedcoin: A Blockchain-Backed Central Bank Cryptocurrency"
"This report presents a proof-of-concept central bank cryptocurrency, and the accompanying codebase simulates users making transactions on an active blockchain. Fedcoin improves on Danezis and Meiklejohn’s RSCoin – a cryptocurrency framework – with a Node.js implementation, a permissioned public blockchain, a system to maintain KYC rules, and a plan to provide anonymity with zero-knowledge proofs. Consensus does not come from proof-of-work mining, but from a Two-Phase Commit where the central bank relies on a decentralized set of authorized nodes to verify transactions and prevent double spending"

https://law.yale.edu/sites/default/files/area/center/global/document/411_final_paper_-_fedcoin.pdf

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