3 ms·
>"After the initial announcement and code drop last year, the Libra name has been dragged through the mud by the press due to the project’s complete disdain for
by bogomipz 6y ago
>"After the initial announcement and code drop last year, the Libra name has been dragged through the mud by the press due to the project’s complete disdain for compliance and their bizarre code drop."
Could someone who is familiar with this event say what was actually "bizarre" about the way the code was delivered?
- wmf 6y agoThey were ostensibly just getting Libra started and open to feedback from the consortium but a lot of work had already been done on the code. This is often a sign of openwashing.
- baby 6y agoFor what is worth, what was released was a state of the art implementation of a consensus protocol with different technological opinionated choices (what signature algorithm, what hash function, how to store account state, etc.) This did not have (and should not) have any impact on discussions around regulations. The development has also been ongoing in the open for a year since the announcement, so contributions and discussions are (and have been) welcome.
- wmf 6y agoIs the "don't even use a blockchain" discussion welcome? It's hard for people to escape sunk costs.
- baby 6y agoOf course! We even did release a payment protocol based not on a consensus protocol but on a broadcast protocol: https://arxiv.org/pdf/2003.11506.pdf https://arxiv.org/pdf/2003.11506.pdf
- baby 6y agoI honestly don't understand the "bizarre" code drop, as we followed a common pattern for a cryptocurrency (announcement with code and potentially a testnet)