Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the #Libra Protocol #Blockchain

The Libra Blockchain is a cryptographically authenticated distributed database, and it is based on the Libra protocol. This document briefly describes the key concepts of the Libra protocol. For a detailed description of all the elements of the Libra protocol, refer to the Libra Blockchain technical paper

Sourced through Scoop.it from: developers.libra.org

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the LIBRA protocol is explained.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

Farid Mheir
farid@mheir.com