‘Crypto Twitter’ anxiously awaits white paper for Facebook’s Libra cryptocurrency

Jun17

by Sindy Cator on June 17, 2019 at 4:13 pm

Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork

Tomorrow, Facebook is expected to release full details of its new “cryptocurrency” project Libra — as always, Twitter has lots to say. Few concrete facts about Facebook‘s Libra (formally known as GlobalCoin) have been made public so far. Reports indicate the likes of Mastercard, Visa, Stripe, and PayPal have already paid a $10 million fee to become validators on the network, which allows untapped access to related data. Facebook‘s rumored goal is to attract 100 companies to join the Libra Association, which would see Zuckerberg and co. net a cool $1 billion right off the bat. Libra Coin: A peer-to-peer we’ll do whatever we want…