How Facebook is going to change crypto forever

The day has come — where a mega corporation’s have embraced Cryptocurrencies with open arms and an aggressive development plan.

The NY times covers a of the announcement details in depth here, and Coindesk has great info on updates about Libra.

Coming soon… Awesome video by the Libra Team

Facts

1. Written in Rust
2. Multi business partnership
3. BTF (not proof of work)
4. Merkle tree based structure
5. Called Libra
6. Will be integrated in messaging apps
7. Target 2020 release
8. Move is a new smart contract scripting language

example Move snippet

Opinions (mine)

1. Consortiums of megacorps will legitimize the space