Babbitt SheKnows丨Mixin Network CEO Feng Xiaodong: The Libra project shows that the meaning of distributed ledgers lies in the fair and transparent technical supervision of finance.

On June 19th, Mixindong CEO Feng Xiaodong said in the Babit online live program She Knows that Facebook's ideas and solutions are very pragmatic and well prepared, whether technical or compliant. Libra's solution is to make it clear that not only government regulators, banks, technology geeks, or ordinary consumers, but the significance of distributed ledgers lies in the fair and transparent financial regulation of finance. Projects of similar programs that are now known, such as Mixin Messenger, Telegram, Kik, and MobileCoin, are all working in this direction, and Facebook's influence has made more people aware of the correctness of this direction. From the bottom up, Mixin Network and Libra Blockchain are distributed networks that focus on the most common daily high-frequency trading needs, and they can almost complete the final confirmation of the transaction in a matter of seconds. This is the focus of both parties, unlike other The project cares more about TPS, such as the EOS transaction final confirmation takes a few minutes. This focus is very different, and finally confirm that speed is the most critical point affecting the practicability of a system, not TPS.