I would suggest the mods change the title here to something that communicates that this project hasn't been associated with Facebook in years (maybe "ex-Facebook"?); and also that this isn't something that just came into existence, but rather has existed for years. As it is, this is drawing comments mostly from people assuming that this is something just happening now, leading to very non-productive conversation.
Facebook has abandoned Diem. It is now an open-source project that's ripe to play around with. There are some neat, performant design choices in HotStuff, the underlying consensus protocol.
I wonder how much Silvergate paid for it...<p><a href="https://www.diem.com/en-us/updates/stuart-levey-statement-diem-asset-sale/" rel="nofollow">https://www.diem.com/en-us/updates/stuart-levey-statement-di...</a><p>They still plan to launch a stablecoin in 2022...<p><a href="https://www.silvergate.com/solutions/digital-currency/diem.html" rel="nofollow">https://www.silvergate.com/solutions/digital-currency/diem.h...</a>
> Note to readers: On December 1, 2020, the Libra Association was renamed to Diem Association. This report was published before the Association released White Paper v2.0 in April 2020, which included a number of key updates to the Libra payment system. Outdated links have been removed, but otherwise, this report has not been modified to incorporate the updates and should be read in that context. Features of the project as implemented may differ based on regulatory approvals or other considerations, and may evolve over time.<p><a href="https://developers.diem.com/docs/technical-papers/the-diem-blockchain-paper/" rel="nofollow">https://developers.diem.com/docs/technical-papers/the-diem-b...</a>
They have to throw Facebook's name if they want traction. Devs and public alike have a really bad perception of Facebook. Tbh, Zuckerberg needs to resign, enjoy its billions and let someone else to start the PR "healing" process.
Lol, remember that time like a year ago when Facebook had redefined their company to chase some other thing of the moment that has nothing to do with the new thing they have totally redefined their company to chase.<p>Definition of flail
Oh man.. the ultimate HN post<p>Facebook .. a large company eveyone knows<p>open source<p>crypto(currency)<p>using the "language of the month"<p>and a github link!