Facebook’s Libra cryptocurrency
By being located in Silicon Valley, we have benefited from multiple sources or are allowing us to bring you within Facebook’s Libra cryptocurrency update as they occur.
But in this case, I will share my disclaimer given to my source ” Everything I know is pre-coronavirus, I haven’t been in office for months at this point, but I’ll tell you where we left off. ” Facebook has a department that is working closely with the developers of Tula, eventually they will be closely integrated.
Libroin’s timeline vs Kovid 19 …
According to our sources, the libra was ‘ahead of schedule’, while Coronavirus cleared the situation, they are optimistic that it is now just ‘on schedule’.
“Some key moves were made right before the coronovirus hit” he shared, including test masternodes going live.
The Libra blockchain will operate under a “proof of authority” protocol, which means that miners are only strictly invited and should be allowed to join the network.
Currently, only official Libra ‘partners’ are given a glimpse into this process, and not all of them.
5 test nodes are already live …
We have also learned that 5 of those project ‘partners’ currently have nodes up and running tests, but have been able to identify only one of them.
Anchorage Hold LLC, a licensed digital asset custodian company that is an offshoot of software development company Anchor Labs Inc., currently hosts one of these live nodes from an undisclosed location.
One more thing …
the last bits of information we were able to gather – Librocoin would clearly trade under the symbol ‘LBR’.