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RE: Libra Hearing Day 1: Biggest Facepalm Moments
In my opnion, Libra can become global payment service but it's not a real decentralized cryptocurrency.
In my opnion, Libra can become global payment service but it's not a real decentralized cryptocurrency.
so steem is also no decentralized crypto?
Libra has 100 BPs
Steem has 21
Libras BPs are voted by the constitution
Steems BPs are voted by stake, so effectively by a few unknown users, maybe even the BPs them self.
it's an opaque process how the members of the Libra consortium are chosen, and people can't apply, so it's a more closed system for sure