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"while its members — who again, are the validators — do control the Libra protocol, Facebook does not control the validators. Which, by extension, means that Fa
by coralreef 7y ago
"while its members — who again, are the validators — do control the Libra protocol, Facebook does not control the validators. Which, by extension, means that Facebook will not control Libra."
Within the designed protocols, yes, Facebook gets one vote equal to the the single vote of any other node.
Outside the system lens, Facebook brings this product to potentially 2.38 billion users. That dwarfs the value that any other validator can bring.
If Facebook becomes unhappy with what the consortium is doing, it can simply say "Hey, we're gonna stop using Libra, and start a new fork." So while they may not control other validator members, they can certainly strong arm them into falling in line.