Connect with us

Libra Coin News, Facebook Libra Cryptocurrency, Calibra Digital Wallet

Libra Coin News, Facebook Libra Cryptocurrency, Calibra Digital Wallet

Facebook announces new cryptocurrency called ‘Libra’ (urdu)


Facebook Calibra

Facebook announces new cryptocurrency called ‘Libra’ (urdu)

In this video we are discuss about the new digital currency from the facebook called libra.

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and spend it using interoperable third-party wallet apps or Facebook’s own Calibra wallet that will be built into WhatsApp, Messenger and its own app. Today Facebook released its white paper explaining Libra and its testnet for working out the kinks of its blockchain system before a public launch in the first half of 2020.
Facebook won’t fully control Libra, but instead get just a single vote in its governance like other founding members of the Libra Association, including Visa, Uber and Andreessen Horowitz, which have invested at least $10 million each into the project’s operations. The association will promote the open-sourced Libra Blockchain and developer platform with its own Move programming language, plus sign up businesses to accept Libra for payment and even give customers discounts or rewards.
Facebook is launching a subsidiary company also called Calibra that handles its crypto dealings and protects users’ privacy by never mingling your Libra payments with your Facebook data so it can’t be used for ad targeting. Your real identity won’t be tied to your publicly visible transactions. But Facebook/Calibra and other founding members of the Libra Association will earn interest on the money users cash in that is held in reserve to keep the value of Libra stable.

My social media ac:
instagram page link: @malik_azeem86
https://www.youtube.com/technicalmunda
https://www.facebook.com/malik.azeem.338

Thanks For watching..

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

RSS Libra Coin News Today!

Libra Coin News Categories

Libra Coin News Cloud

RSS Crypto News Today – Facebook Libra Coin News

  • The battle between DeFi, CeFi and the old guard
    We are at the start of some big changes in the financial world, and by combining DeFi and CeFi the transition to the future would be faster. We aren’t taught real economics in school. We learn, instead, voodoo economics. For example, rarely — if ever — do professors present us with the valuable insights highlighted […]
  • Small Bitcoin addresses plunge to 4-month low, but is this bearish?
    Bitcoin addresses holding 1 BTC plunged to a 4-month low, but it is premature to suggest it is a bearish sign. The number of Bitcoin (BTC) addresses holding 1 BTC plummeted to a four-month low on Sep. 20, according to the data from Glassnode. But it is premature to suggest that it is a bearish […]
  • Breaking virtual ground: Blockchain-secured land entices real estate investors
    Individual and corporate investors are devoting millions of dollars to acquiring virtual acreage — here is why. In the “real” world, real estate has historically been seen as a viable investment. Individuals and corporations usually purchase land and property either for development or to sell at a higher price in the future.With the world becoming […]
  • Bitcoin price volatility expected as 47% of BTC options expire next Friday
    47% of Bitcoin options expire next Friday, meaning BTC could be on the verge of a trend defining move. The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth of options […]
  • Indian state of Tamil Nadu announces blockchain infrastructure plan
    The advantages of blockchain will prompt countries to adopt it sooner or later. The Indian state of Tamil Nadu unveils new technology projects, including a blockchain infrastructure, to create easier government processes.Tamil Nadu chief minister Edapaddi K. Palaniswami announced Tamil Nadu's adoption of an ethical blockchain policy, according to The New Indian Express. Palaniswami also announced that […]
  • Ethereum Classic partners with ChainSafe and OpenRelay to prevent more 51% attacks
    The quest to protect Ethereum Classic continues. As it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks. In a post, Ethereum Classic and its Core Dev Team will work with both ChainSafe and OpenRelay to develop and test security responses. James Wo, […]
  • Kava to release cross-chain money market on blockchain
    It will also release a governance token. Decentralized finance, or DeFi, platform Kava announced its intention to host a cross-chain money market on its Cosmos blockchain to capitalize on DeFi opportunities. Kava said in a statement on its website that it wants to build an application called Harvest that will enable users to borrow or lend […]
  • DeFi, celebrities charged and Kiss: Bad crypto news of the week
    Check out this week’s Bad Crypto podcast. So Bitcoin appears to end this week within tickling distance of $11,000. Experts suggest that the next test of upper level support will be at $11,100 before a move to $12,100. Statistician Willy Woo is optimistic. He thinks there’s little chance of a “catastrophic” dump.Some Bitcoin though, can’t […]
  • Philippine central bank embraces digital tokens
    The Philippines is really interested. The Philippine central bank sees digital tokens as a means to reduce the use of fiat money and improve the delivery of financial services in the country, even as the country is still studying its own digital currency.Speaking to Bloomberg, Philippine central bank Bangko Sentral ng Pilipinas, or BSP, governor […]
  • A cloud company announces the listing of its coin on Bittrex
    The listing will make blockchain ownership more decentralized. Beowulf Blockchain, a decentralized cloud network for communication services, has announced the listing of its coin, BWF, on the Bittrex exchange.Headquartered in Silicon Valley, the company stated that its coin would be available on Bittrex starting Sept. 24.According to Beowulf, listing its coin on the Bittrex exchange […]

RSS Crypto News Today 2 – Facebook Libra Coin News

To Top
%d bloggers like this: