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Facebook’s Calibra Team Introduces A Novel Distributed Audit Protocol

Facebook’s Calibra team introduces a new protocol for distributed auditing of assets that could have saved Mt. Gox. In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures. The team led by Konstantinos Chalkias, contends […]

Why Libra Isn’t Ready and Congress Not Buying Zuckerberg’s Testimony

Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the voluminous number of concerns surrounding Facebook’s regulatory measures. This marks Zuckerberg’s first testimony to Congress since his last journey to Capitol Hill back in April 2018 after the […]

Facebook’s Libra Nodes Are Live on ‘Pre-Mainnet,’ Roadmap Confirms

Facebook’s Libra digital currency developers have released a new roadmap outlining steps toward its mainnet launch, the CoinTelegraph reported. The update from the Libra Foundation published on Oct. 2 highlights various points of interest for both developers and those who operate the protocol’s nodes.  Devs focus on mainnet preparations Currently running as a testnet, Libra aims to […]

Facebook Co-Founder Chris Hughes Thinks Libra Coin Is Dangerous

As the U.Today announced, the regulators and politicians around the globe are not the only ones who are concerned about Facebook’s crypto ambitions. In his recent Financial Times op-ed, Chris Hughes, the entrepreneur who amassed a whopping $430 mln fortune as one of Facebook’s co-founders, claims that the social media giant went too far with […]