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Libra Coin vs Bitcoin: How Does Libra Coin Differ From Bitcoin?

Libra Coin vs Bitcoin: How Does Libra Coin Differ From Bitcoin?

With the release of social media giant Facebook’s digital asset, an innovation for the digital age, there has been compared to popular cryptocurrencies like bitcoin. However, many experts question whether Libra can even be called a cryptocurrency. This leads to the discussion, Libra Coin vs Bitcoin. Other than the fact that they both come with a white paper and referred to as cryptocurrencies, Libra Coin and Bitcoin are actually very different. Here’s a rundown of the key differences between the…

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What is Libra Coin?

What is Libra Coin?

Libra Coin is a permissioned blockchain digital currency proposed by the American social media company Facebook. This currency and transactions are to be managed and cryptographically entrusted to the Libra Association. The Libra Association is a membership organization founded by Facebook’s subsidiary Calibra along with 27 other companies. These companies range across Technology, Telecommunication, Online Marketplace, Venture Capital and Nonprofits. Facebook’s Libra is a new cryptocurrency. A digital currency that uses cryptography, a method of protecting information, to verify transactions that Facebook will launch next year. People who use Facebook’s Messenger service, WhatsApp or…

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