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2019-12-13 20:28:14

Facebook’s Libra white paper updated: No longer includes dividends for the association

Facebook’s Libra white paper that was published earlier this year has been silently updated. Facebook’s Libra white paper updated First noticed by Chris Bummer, a professor at Georgetown University, the update includes amendments considering the change in Libra Association members. The biggest change in Libra white paper was the removal of dividends that were payable to the early investors. While the old statement from Libra white paper read that the “interest on reserved assets” would cover the cost of maintaining the system and nurturing it while ensuring a low fee rate. The interest would also be used to pay dividends