ZuckCoin part 2: - proof of stake - open source - plans on becoming permissionless - promises the data will not be shared w/Facebook - there is ZuckCoin & there is also Zuck Invesmtent Token (a security token!!!) - 1000 tx/s to start with - new wallet -integrated w/WhatsApp
-
-
Replying to @pascalbouvier
Brian Roemmele Retweeted Brian Roemmele
Pascal, great insights sir! I would go on to point out that Libra has Gas too. Most folks don’t understand how Gas will work and it is a big element to Libra:https://twitter.com/brianroemmele/status/1140983269300682753?s=21 …
Brian Roemmele added,
Brian Roemmele @BrianRoemmeleLibra also has Gas: [max_gas_amount (default 10000)] The sender account pays for the gas. Thus Gas is a euphemism for a transaction fee either paid by the provider, the merchant, the sender or the recipient. Between Gas + arbitrage, Libra will become a big revenue system. https://twitter.com/BrianRoemmele/status/1140977806513336321 …Show this thread1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
yes. the digital currency + investment token (Libra Reserve) + the transaction fee + deposit taking + investing only in ultra safe assets + stablecoin design + issue/burn as appropriate the digital currency + network of physical kiosks for withdrawals/deposits + basket of fiat..
1 reply 0 retweets 2 likes -
Replying to @pascalbouvier @BrianRoemmele
looks awfully like a regulated financial institution. reminds me of MakerDAO (without the ATM like network).
2 replies 0 retweets 2 likes
Pascal, indeed this is it precisely. And when France and just about every other country get done, a bank will be required by law to be deeply involved. This may be a feature or an artifact of not fully understanding the cause and effect before releasing Libra.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.