After reading this well-written piece on Facebook’s Libra:
I started wondering - which will be the first blockchain project that will become part of Libra’s 100 members (nodes) and would that be a good idea?
It is a fact that Libra goes against the ideals of trustlessness and decentralization (the second point could be debated though), but if Libra does succeed, there will be a lot of money to be made by those inside the Libra club.
So here is a crazy question, just for the sake of discussion:
Should æternity become a Libra node?
Yes, æternity should become a Libra node.
No, that’s not a good idea.
0voters
Let’s see what you guys think.
PS: I don’t think this is actually possible, since becoming a Member of the Libra Association comes with a number of requirements that you can see here.
Libra is a very particular initiative, and could become in a very complicated and dark one. Anyway, one strong point is, this libra thing will bring 2 Billions people in close Contact with blockchain, crypto in one way or another, that number is several times larger than actual crypto users today. Maybe Aeternity doesnt need to become a node, aeternity must use this push to non users to growth its community.
Becoming a node is nothing technical here and that should be pointed out. Its rather joining a club. IMHO aeternity should focus on its tech and continue to build a strong, free, decentralized, open source alternative to blockchains that ship with a single point of failure.
I think it is impossible for the United States to recognize Libra. If Libra succeeds in accelerating the flow of funds, the dollar will lose its dominance, which is not a benefit to the United States. I think Zach is right. It is wrong to establish mutual trust at the national level. However, we can show AE to more people through the participating nodes.
