Libra 101: All You Need to Know about the Cryptocurrency

Published: June 26, 2019 | by Bitcoin Press News Team

The Basics

What’s Libra?

Last week, Facebook ( FB ) and other founding members of the Libra Association launched Libra, its cryptocurrency initiative. Libra the cryptocurrency is powered by Libra the blockchain. Blockchain is the technology that powers Libra’s elder cousin, Bitcoin. While Libra the blockchain will provide the underlying infrastructure, it’s Libra the cryptocurrency that you are likely to transact in, starting in 2020. In simple terms, the blockchain provides a platform for transacting in the cryptocurrency. Wait, what’s blockchain? In simple terms, Blockchain is a technology that allows transaction data to be stored on […]

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