What is Libra?
Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology. People will be able to send, receive, spend, and secure their money, enabling a more inclusive global financial system.
The unit of currency is called Libra. The aim is to make Libra as widely accepted and as easy to use as possible to create a currency that people can use with confidence and convenience in their everyday lives.
Unlike the majority of cryptocurrencies, Libra is fully backed by a reserve of real assets. A basket of currencies and assets will be held in the Libra Reserve for every Libra that is created, building trust in its intrinsic value.
The Libra Blockchain is operated by a network of validator nodes. The evolution of the blockchain will be overseen by the Founding Members of the Libra Association, and each member will be responsible for running a validator node. As the network grows and becomes more self-sustaining, the Libra Association will work to gradually transition to a permissionless mode of operation.
Libra website link – https://libra.org/en-US/
Libra white paper – https://libra.org/en-US/white-paper/
#Libra #Bitcoin #cryptotamil
👍🏻Subscribe to CryptoTamil for Cryptocurrency Insight and News: https://www.youtube.com/c/cryptotamil
📲LocalBitcoin : http://bit.ly/2K9fHDW
📲Binance Exchange : http://bit.ly/2Gs8MU2
📲Coinbase Account : http://bit.ly/2IrOYlE
Keep your cryptos secure in a Hardware wallet
🔒Hardware Wallet : http://bit.ly/2HI95ur
Telegram groups (Discuss Crypto with us!)
Telegram Discussion Group: https://t.me/cryptotamilTG
Telegram Announcements: https://t.me/cryptotamilYT
♨️Social (Add me on Social Media!)
Content Disclaimer : The views and opinions expressed in the video on this channel are of the speakers and do not necessarily reflect or represent the views and opinions held by this channel's broadcaster. Due to the social nature of this broadcasting channel videos may contain content copyrighted by another entity or person. This channel's owner claims no copyright to said content. The broadcaster of this channel cannot be held accountable for the copyrighted content. The broadcaster of this channel is a messenger and sharer of information and strives to verify, but cannot warrant the accuracy of copyrights or completeness of the information on this channel.
If you have complaint about something or find your content is being used incorrectly, PLEASE CONTACT THE BROADCASTER PRIOR TO MAKING A COPYRIGHT CLAIM. Any infringement was done on purpose and will b e rectified to all parties satisfaction.