Facebook’s Libra cryptocurrency project has received an early-access code. Once it appeared on GitHub, users began to show interest in it. The social media whale provided it with about 10,000 subscriptions. Additionally, savvies would not miss a chance to experiment with Libra’s code. This showed up in the emergence of around 1,000 clones of the codebase.
Many of them are trying to apply features to Libra, which were used in Bitcoin and other cryprtocurrencies. This whole thing looks like a bit of trolling play. Indeed, not all of these activities are really after serious modifications or projects.
The creator of Libra Classic said in an interview that this was just one big joke, and none of those trolling Libra meant to offend anyone. According to Albert Castellana at cryptocurrency startup Radix DLT, said that the code itself was ok, and there was critique that this was not a decentralized solution.
Libra is planning to hire a group of 28 members to operate transactions and new blocks. Facebook says that there are all reasons to believe that network will continue to evolve and switch to decentralization. The group is looking to become a global financial payments system.
Originally, the original bitcoin network was to be a worldwide financial payments network. Today, it helps every user, who has a device and knack for counting, to join in, create and broadcast transaction blocks and earn a good living. Libra is being criticized on GitHub for its codebase.
The Libra Troll
Any GitHub user can have “read”, “write” or “admin” permissions. These give users the right to check code repositories and specify issues. Once there is an issue, they can come up with pull requests to change or modify code repositories. Users with “write” or “admin” permissions can approve or reject these changes.
Over a few days, there have been quite a number of rejections, most of them by users of the codebase. Some users flagged them as off-topic. There have been a good number of pull requests to the Libra pull repository. This has fueled a sentiment in the community that Libra blockchain protocols has serious vulnerabilities.
However, some users said, there was quite an easy solution: a decentralized permissionless system must take the place of this permission-based one. This is what one of GitHub users – gashayes – wrote in his recent pull request. Eventually, the request was closed and the conversation was deemed off-topic.
The closure triggered a discussion with many users complaining about admins’ not wanting to consider different opinions and viewpoints. Ben Maurer, a technical lead for Calibra (Facebook’s subsidiary) hinted that the closure was aimed at stopping pointless and counterproductive off-topic conversations.
What Will Come of It?
Despite the argument, some community experts believe, there is no choice for the blockchain but to evolve. What is happening on GitHub right now, they think, is a small tantrum. Inevitably, code specifications will evolve, and Libra will evolve into a mature blockchain network, because Facebook has always done well in open source projects.
However, there are still some uncertainties. Particularly, there was not enough knowledge of the Move language. Jameson Lopp of crypto startup Case said that it was not certain whether those who were not validators would run nodes and whether or not it would be possible to download blocks created by validators.
According to Alexandru Voica, a communications manager at Facebook, there are plans to ease the use of the Move language for developers. They will do so by adding a new command line interface.
Most experts say that although the project is just budding, and the most effective solutions are yet to be found.