Get Started: Libra Testnet is Live | Installation | PIAIC Libra Team

ashir342 (29)in #dtube • 5 years ago

Libra developer site! Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people. Libra is built on a secure, scalable, and reliable blockchain.
It is backed by a reserve of assets designed to give it intrinsic value and is governed by the independent Libra Association tasked with evolving the ecosystem. The Libra currency is built on the Libra Blockchain.
This site documents Libra Core, an open source prototype of the Libra protocol, which powers this new blockchain. The site also documents the testnet, a demonstration of this new system. In contrast to the forthcoming Libra mainnet, the testnet uses a digital currency with no real-world value.

Libra Website : https://libra.org/en-US/

Libra White Paper : https://libra.org/en-US/white-paper/

Libra Developer : https://libra.org/en-US/open-source-d...

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5 years ago in #dtube by ashir342 (29)

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corenet (58) 5 years ago

Great 👏

...and please do not forget to Elect DTube Leaders at https://d.tube/#!/election [They are the Custodians of D.Tube Decentralized Network elected/voted by YOU]

Thanks 🙏
@corenet - https://eossweden.eu/

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crypto.piotr (70) 5 years ago

Dear @ashir342

Welcome back after long break :)

It's hard not to see that currently discussions around Facebook and their libra are attracting attention and are very intense. And to tell you the truth, personally don't know yet what to think about it.

I'm mostly interested how FED and other central banks will react if they will realize that Libra is a threat for current financial system.

Personally I will not put my trust in Facebook and I don't think I will ever use Libra. However I will surely pay attention to this project as it may turn our financial world up-side-down....

Important question I would like to ask you, and hopefully you would share your own opinion:

many people out there seem to see Libra as a threat to current monetary system. I'm one of those. However I've learned that global economy is build on debt. And all debts are in FIAT currency. So does it really matter if people use Libra to pay for their "groceries" and shop online? They still need to pay all their debts and mortgages for next 20-30 years in their local fiat currency.

For that reason alone I cannot see monetary system being changed much. Neither by libra or bitcoin or any other crypto. Debts, goverment expenses, trade oil - all of it will still require $$$.

What do you think? Upvote on the way.

Yours,
Piotr

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