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Yes, but in the paragraph I quoted, it clearly implies that the network is already live and that some unnamed entity acting "on behalf of the association" is re
by drcode 7y ago
Yes, but in the paragraph I quoted, it clearly implies that the network is already live and that some unnamed entity acting "on behalf of the association" is recruiting the founding members, so there is some time period being referenced in which the network is already live and the founding members have not yet been established.
I should point out I'm not necessarily anti-libra, but I just think anyone claiming that we needn't worry because "Swiss Association" seems unreasonably sure of the situation.
- carlosdp 7y agoIt's live in a "test net" at the moment, so developers can build on it. The test net is hosted by Facebook, through this year. When the "main net" launches, it'll need all 28 members to run validator nodes to start it up.
- tfha 7y agoUntil it's fully live, Facebook can change the terms, contract, code, strategy, etc. however they want. Until they have an actually decentralized system humming away, it's all us trusting Facebook to do what they promise.
- carlosdp 7y agoUntil it's fully live, it's all funny money and not any sort of threat to real users. It's not like they can change things now and no one would notice before they launched and it took off?