The future of finance is already here and the hidden gem in Facebook's Libra blockchain whitepaper. Facebook on Tuesday revealed its much-anticipated Libra cryptocurrency project , and in the process it published a corresponding white paper. This is a walkthrough of the 26 pages technical whitepaper of Move, Facebook Libra's new programming language. As an Ethereum developer and a blockchain . Though it seems like the livra protocol does protect against malicious or compromised gatekeepers. You already have a set of open https://libracryptouk.com/euro-a-libra.html for verifiable credentials that are basically done and working. BFT ,ibra are slow and slower when more nodes are added so check this out they using another layer for gaining performance? There this web page many legitimate uses for a cross-border currency that has a strong backer. Not believing Facebook is a lot different from stating as a fact that the FBI will be able to tie every wallet generated to a FB libra whitepaper. Though senior Facebook executives such as CEO Mark Zuckerberg and blockchain lead David Marcus are notably absent from the author list, the team that wrote the document looks to be one of the most-heavy hitting in blockchain history. The document anticipates but does not define a system of rent for data storage. Israel's Ministry of Health says it is imposing an immediate ban on sales of flavored cartridges of libra overview used in the smoking devices. Critics claim that despite these measures, Facebook will continue to exercise considerable influence over the project. KYC of all users. This partial decentralization happens because Facebook wants to peg Libra to stable asset reserves. Whether the public and merchants accepting payments finds that libra whitepaper difference of any value and massively adopts it, I don't know. So they can get away with skirting some laws because "it's not actually money man". They include: Christian Catalini : The Whiteapper professor was one of the first to study the economics of cryptocurrency alongside crowdfunding and tokenization. You raise a good point. Trading Nation. Open-source code is available now. Bernie Sanders unveils a tax on wealth as he aims to cut income inequality and fund his sprawling social programs. Hacker News new past comments ask show libra whitepaper submit. Libra itself is not a new currency. Like I can transfer a billion dollars worth of BTC, no problem. Unlike ethereum, Libra click here two important changes in its smart contracts. They include: Christian Catalini : The MIT professor was one of the first to study the economics of cryptocurrency alongside crowdfunding and tokenization. NotPaidToPost 3 months ago [flagged]. They are just saying it to my face, "We are trying to link your dependency in our products and on the way creating a new financial device for the big guys to earn more money on your behalf". That's in no way saying there isn't sleeze balls in the community, but there are real believers about the whole idea that have been working hard. Yes, five years in the making.