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Cryptopolitan 2019-07-12 14:53:04

Facebook’s head of blockchain says centralization is not a focus for Libra

After enduring weeks of criticism from some of the most prominent authorities around the world, Facebook has finally come out with a statement through its head of Marketing and Blockchain, Christina Smedley. Smedley mentioned that centralization is not a focus for the Libra project and the crypto enthusiasts need not worry about the concentration of control when it comes to Facebook’s new project. Many authorities, as well as prominent crypto traders, have accused Facebook of dominating Libra’s governance and spinning it towards more centralization. Smedley says that can’t be further from the truth as Facebook is simply going to be