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Libra Facebook coin

abcder

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Libra - Facebook Coin. Official information, expert assessments, insights. Where and how to buy, sell and use Libra cryptocurrency. All information in one place - https://t.me/Libra_info
 
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LEO

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Ethereum, Libra and a Unified Type System

Conclusion
Ethereum is a global operating system. So is Libra, even if the computing power is currently capped at 100 validators. The advantage that a global operating system brings to a type system is type reuse and interoperability between projects.

Developers can collaborate on types and upgrade them as time passes. Projects can have compatible APIs and your project is part of a bigger system.

Libra has already started to put types/resources as first-class. At the moment, developers are not allowed to publish their own types and there is no estimation of when they will be able to do so. Libra core developers will probably release their own types first, before they open the system to outside developers, to ease use. And there is a chance that they will end up controlling what types are predominantly used (if not entirely) on their network. This means they would be intermediaries and external projects will collaborate with them instead of with each other.

Ethereum can still make the first move if it starts adopting a type system. It might influence the Libra type definitions or at least it will be prepared to include them into its type system, to ensure compatibility.

Dear Ethereum people, if we do not want to lead today, we will be forced to follow tomorrow.



https://medium.com/@loredana.cirstea/ethereum-libra-and-a-unified-type-system-7cafa6ea0bc0
 

LEO

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Facebook’s proposed currency is technically sound, but should you trust it?
You can probably trust Libra’s technical design, but whether you can trust Facebook is still unclear.



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LEO

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Members of The Libra Association invested in the creation of a custodial repository Anchorage

Blockchain Capital, Visa and the Andreessen Horowitz venture Fund, which are part of The Libra Association, have completed the second round (https://medium.com/anchorage/series-b-c15eba09e344) of investments in the anchorage FINTECH startup. Anchorage is a custodial service for storing crypto assets and other financial instruments with two-factor identification "without passwords". Anchorage is also a member of the Libra Association.

Authentication and authorization will be carried out using biometric data or an electronic signature certified at the state level in different countries.

A large custodial service for cryptocurrency storage will solve the issues of accounting, tax preparation and audit, which are the main problems for institutional investors (pension funds, insurance organizations, credit unions, etc.) who want to add digital assets to their portfolios.
 
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