Cryptocurrencies: 2351 / Markets: 19449 Market Cap: 24h Vol:
Cryptopolitan
2019-07-12 14:53:04

Facebook’s head of blockchain says centralization is not a focus for Libra

After enduring weeks of criticism from some of the most prominent authorities around the world, Facebook has finally come out with a statement through its head of Marketing and Blockchain, Christina Smedley. Smedley mentioned that centralization is not a focus for the Libra project and the crypto enthusiasts need not worry about the concentration of control when it comes to Facebook’s new project. Many authorities, as well as prominent crypto traders, have accused Facebook of dominating Libra’s governance and spinning it towards more centralization. Smedley says that can’t be further from the truth as Facebook is simply going to be

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer