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Breaking: Facebook Releases Libra Cryptocurrency Whitepaper and Testnet

Published

1 year ago

June 18, 2019

By CCN Markets: Facebook has revealed the white paper for its much-hyped cryptocurrency, “Libra.” After months of speculation, Facebook has outlined the vision for its crypto project and released the test-net for its blockchain. “Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people.” Facebook’s cryptocurrency will operate through its Messenger app and WhatsApp to power peer-to-peer transfers and retail payments. Facebook claims the Libra cryptocurrency is built on a secure, scalable and reliable blockchain, backed by a reserve of real assets. The ecosystem will be governed by the Libra Association, a consortium

The post Breaking: Facebook Releases Libra Cryptocurrency Whitepaper and Testnet appeared first on CCN Markets

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Facebook confirms it will launch a cryptocurrency called Libra in 2020

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2 months ago

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Crypto is the future of money and financial transactions, and making it easier to use is only a few small changes away.

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2 months ago

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Japan Is Seriously Considering a Digital Yen: Report

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2 months ago

July 15, 2020

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As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

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