The official line is that it is designed to "reduce the pressure" on users and increase the focus on the content itself, rather than the numbers that it generates.
"We want your friends to focus on the photos and videos you share, not on the number of likes they get.You can always see your tastes by tapping the list of people who 's like them. liked, but your friends will not be able to see how many messages have been received by your message, "says the company tweeted.
As expected, people have been using Twitter to share their feelings, perhaps simply because they are already suffering from a total disclaimer, and Twitter favorites are still one thing.
Not everyone was a fan, the subject being in vogue around the world in a few hours.
Someone does not think about influencers?
But many people liked it, whether for a more streamlined look or to free from the shame of a non liked content.
The positive effect that could have on mental health, especially among younger users, was noted:
While others envisioned other methods to consolidate their fragile ego.
Others have pointed out that motivations may (and this may shock you) be less than pure.
And yes, the now mandatory chorus of CUT THIS FOLY AND GIVE US THE CHRONOLOGICAL TIME.
Fortunately, there is still a way to make sure everyone knows that your work is working: you just have to give the numbers manually.
Or simply, you know, lie.
Of course, even if this change is applied permanently to the entire platform, they are not going anywhere. The only thing that gets deleted is the number displayed publicly. You can always see if your #sydneyunset epic stunt at your workplace has had 15 likes or 500 – you simply will not know if it's more or less than the identical 17 that your friends have posted.
In other words, for individual users, the amount of dopamine retained remains unchanged, but the loss of consciousness to see others is less of a problem for those who are likely to suffer such things.
But it is interesting to note how many people think that if their tastes are not visible publicly, they may just as well be there.
(tagsToTranslate) facebook (t) instagram (t) influencers (t) like-button (t) culture (t) culture-web (t) social media companies</pre></pre>
This is not the first time that the privacy offered by the famous social network is in doubt. Although each user can configure what they want others to see, groups can also be of different types. in what has privacy refers.
To create a group, just enter our Facebook account and from the main menu option Create, we select the option Group. This will open a window in which we will name this group, add the people we want to invite to this group, and at the bottom we can select the type of group according to the desired degree of confidentiality.
By default, only the option to create a closed groupwhere everyone can search for the group and see who manages it, though only members can see who belongs to that group and what is published there. However, if we click on the tab displayed to the right of the closed group option, other hidden options will be displayed to allow us to create a public group or a secret group.
In one public group Anyone can search the group, see who belongs to that group and what is published, while the other option is what we are looking for. A Facebook secret group it only allows members to see the group, which belongs or what is published.
Therefore, Facebook's secret groups are the most private option have a group in the social network. The only thing to do to create one is to follow the steps described above and click on Create. We will automatically see the page with our Facebook secret group from which we can customize the cover photo, information and other data, as we can with the profiles and accounts of the social network.
Now, if we want to invite someone in the group, since a user can not find it as a secret group, the first thing to do is click the button More which appears under the cover photo of the group.
Among the options that will be presented to us, we will find the one that Invite members. This means that, from this option, we will be able to invite other network users to become members of the secret Facebook group we have just created. We will now see a small window in which we can add one of our friends, but we can also provide the email address of another person to send an invitation to join your secret Facebook group. In any case, all those who invite us to join the group will have to accept the request to become a member of this group.
To be the creator of a secret Facebook groupwe can invite others to join, moderate the group, assign other administrators and moderators, schedule publications, create rules, etc.
It is also possible set up secret group notifications, to be able to choose if we want to receive a notification with each of the publications of the group, simply from the highlights, that is to say publications of friends and suggestions of publications, only the publications of the members who are our friends in the social network or disable them, that is to say that you will only receive notifications when they mention us or if there are significant changes in the configuration or the confidentiality of the group.
Be administrator of a secret Facebook group, to administer this group, just log in with our social network account, then, in the tab that appears in the right-hand side of the top menu, we choose the option Manage groups
On Tuesday, the company announced Libra, a decentralized cryptocurrency that will allow Facebook and WhatsApp users to easily send money and shop online.
The news, however, is much more important than that, transcending Facebook itself in many ways. Read what all this means in our Facebook deep dive balance, here.
Libra is not just a Facebook project. It is supported by the Libra Association, based in Geneva, Switzerland, a non-profit organization with a long list of founding members who will jointly make decisions about Libra. Besides Facebook, the list includes MasterCard, Visa, PayPal, Stripe, eBay, Uber, Lyft, Spotify, Coinbase, Xapo, Andreessen Horowitz, Union Square Ventures, Mercy Corps and Women's World Banking.
These companies and organizations, which will be joined by others in the future (the goal is that the list of members has 100 names), will make decisions together regarding the orientation of the Libra. , and Facebook tells me that she will not have any particular preference. other members.
Libra itself is a stablecoin – a special type of cryptocurrency that remains relatively stable relative to the value of a relatively stable real asset, such as the United States. dollar. Unlike most current currencies (USDC, TUSD and DAI are examples), the value of the Balance will not be indexed to the value of a single fiduciary currency (like the US dollar), but its value should never increase. down 10% on a daily basis as sometimes happens with cryptocoins such as Bitcoin and Ethereum.
Libra will be guaranteed, which means that there will be $ 1 of bank deposits and short-term government securities guaranteeing 1 dollar of Libra.
The main driver of the project, according to Facebook, is to create a new global currency that will include 1.7 billion people who are still not funded. The main features are the low cost of transactions, the ease of use, the security and support of many powerful supports that will promote adoption.
Libra is based on an entirely new blockchain, a heavily modified version of The recently announced HotStuff by VMWare. It's complex things (again, I went in more detail right here), but in its very short version, it looks like Bitcoin in the sense that it is a digital currency and to Ethereum in that it is an intelligent contractual platform. It is faster than both (potentially allowing thousands of transactions per second) but also less decentralized, since it currently only allows partners to run on a node, which is the heart of the network.
The Libra Blockchain will be open-source and, once launched, which should be done in the early part of 2020, everyone will be able to use it and create products over it. Facebook expects most of the services and products built above Libra to be related to finance.
One of the first applications built on top of the Libra channel chain will be Calibra, a cryptocurrency wallet that will allow users to receive and send Libra. Unlike Libra, Stablecoin, and Libra, the blockchain, Calibra (the company) is a subsidiary of Facebook, and the development of Calibra (the wallet) will be under the control of Facebook.
Kevin Weil, vice president of products for Calibra, said that it would send users and receive money "instantly, for little or no cost, to anyone in the world. or in any company of the world ".
The most important aspect of Calibra will be its integration with Facebook Messenger and WhatsApp. It will allow users of these applications to easily register, add money to their wallet and send, receive and pay with Libra, all from the applications. Calibra will also be available as a stand-alone application for iOS and Android.
Registration at Calibra will require a verification from KYC (know your client), which means that users will need to download some kind of government issued identifier before they can start using the service. Kevin Weil said that the process of integration would be as simple as possible, "almost like a discussion." Important: Facebook claims that Calibra "will not share account information or financial data with Facebook or any other third party without the consent of the customer".
In terms of security, Calibra will have built-in fraud protection, password recovery and multifactor authentication. A characteristic of Calibra is that cryptocurrency portfolios will not benefit from 24×7 customer support.
However, Kevin Weil told me that it was "too early" for Calibra and that Facebook still had "a ton of work to do" before Calibra could be made public. To be informed about the availability of Calibra, you can register at the address calibra.com.
(tagsToTranslate) facebook (t) libra (t) libra-blockhain (t) libra-association (t) project-libra (t) tech (t) technologies-large (t) cryptocurrency-blockchain</pre></pre>
The power of the names involved in Libra, as well as the scope of the project, are serious business. Its initiator is the largest social network in the world. Its partners include some of the world's largest finance, technology, cryptography and retail companies. It will be integrated with some of the most popular apps in the world.
Last week, I had several meetings with Facebook executives and experts involved in the project and I read more than a dozen documents describing various aspects of it. Libra is still in its infancy and many details are unknown. some will probably remain unknown until the first half of 2020, when the project is to be officially launched. But here's a complete overview of what we know right now.
With BalanceFacebook renews its old dream of building a payment network; the company tried in 2015 with Messenger Payments, but the feature, which allows users to send and receive money, never goes away.
We are in 2019 and the times are very different. Crypto-currencies such as Bitcoin have shown that it was possible to create a digital network and a decentralized secure network of equals, and that everyone could use it. Ethereum used the same underlying technology, the blockchain, to create a platform of decentralized applications. And stable pieces, such as DAI, USDC and TUSD, have shown that it is possible to create a cryptocurrency whose value is not as volatile like bitcoins value and ether.
With all these elements in place, Facebook is trying to transfer money, but this time, with a system incorporating some of the best assets of the crypto-currencies available today, as well as a small army of partners responsible for providing support and promoting adoption.
January 2018 was perhaps the first serious sign that Facebook was preparing something in the blockchain space. In a seemingly out of character move, CEO Mark Zuckerberg spoke on the power of decentralized networks.
"Encryption and cryptocurrency (…) take the power of centralized systems and put it back in the hands of people," he said. "But they run the risk of being more difficult to control.I am interested in deepening and studying the positive and negative aspects of these technologies and the best way to use them in our services."
In May 2018, things became serious. Facebook reassigned David Marcus, formerly at the head of Messenger, ran an internal blockchain project. This has led to many reports on the size and scope of The Facebook blockchain effort, although Marcus and – subsequently – Facebook, insisted that the team is small.
"I'm setting up a small group to explore the best way to take advantage of Blockchain on Facebook, starting from scratch," Marcus said at the time.
After that, rumors intensified. and details of the Balance project, as it would have been called internally, began to take shape (the nickname of Libra mentioned in these reports remained, but "GlobalCoin"seems to have been abandoned." Facebook has continued to add people to its "small" blockchain team; in February 2019, the company acquired the main responsible for starting crypto. Chainspace. According to the official rumor, Facebook's blockchain team "was exploring many different apps", but even then, the plans for Libra – which turned out to be a not-so-small project after all – had to be well advanced.
Now that Libra has been officially announced, let's dispel an inevitable confusion. Libra has several characteristics: the Balance Blockchain, the Libra Balance and the Balance Association.
The Libra Association is a non-profit organization based in Geneva, Switzerland, which governs Libra. It is run by founding members, including Facebook, but the social network has no particular preference in decision-making.
The Libra Blockchain is a new type of blockchain, designed primarily to support the Libra cryptocurrency, but which also allows anyone to create smart contracts, like Ethereum.
The Libra coin is a special type of cryptocurrency, a stablecoin, which means its value should not change much in comparison to a stable real-world asset like the United States. dollar. It is backed by fiduciary money and the current equivalents held by depositories chosen by the Libra association.
Finally, Calibra is a cryptocurrency wallet that allows users to send and receive Libra coins. Unlike the three projects above, Calibra is built and maintained by Facebook and will be integrated with WhatsApp and Messenger.
Facebook and its 2.38 billion monthly active users, associated with the 1.5 billion users of WhatsApp, should provide a good base user base for Libra. But history has shown that sometimes a giant like Facebook is not enough to promote adoption by users. Facebook, for example, is associated with many businesses in the financial and retail sectors, as well as non-profit organizations, to promote user adoption and usually makes Libra less a Facebook project but more a global project.
Here is the complete list of the founding members of the Libra association at its launch: Mastercard, PayPal, PayU, Stripe, Visa, Booking Holdings, eBay, Facebook, Farfetch, Lyft, Payment Marketplace, Spotify, Uber, Iliad , Vodafone, Anchorage, Bison Trails, Coinbase, Xapo, Andreessen Horowitz, Innovative Initiatives, Capital Ribbit, Capital Thrive, Union Square Ventures, Creative Destruction Laboratory, Kiva, Mercy Corps and Women's World Banking.
The list deserves to be browsed. The equation of payments is solid, with MasterCard, Visa and PayPal on board – but not a big bank. On the retail / technology side, the participation of Uber and Spotify will certainly lead to adoption, and the e-commerce giant eBay is also here. Remember the rumors about eBay accepts cryptocurrency? Well, it's happening. It should be noted that Amazon is not on board at the moment, nor Apple, Microsoft or Google.
It is also remarkable that, intentionally or not, there are some big partners on the blockchain side. Yes, Coinbase is one of the world's largest cryptocurrency markets, but there is no mention of blockchain corporations and foundations such as the Ethereum Foundation, EOS, Ripple and others.
I interviewed Tomer Barel, vice president of operations at Calibra, about it. He said that the Libra Association was willing to accept more members in the future and that there was no direct obstacle to the accession of one of these, even though he noticed that Libra is an entirely new blockchain product and as such different (although to some extent, interoperable) from other blockchain projects.
The blockchain Libra is a new blockchain, based on (strongly modified, said Barel) HotStuff protocol, launched a few months ago by VmWare. It will take many experts to go through his white paper and code (which will be published today and I have not seen it) until we have an objective idea of its strengths and its weaknesses compared to other blockchain projects. But here are some things to remember.
The Libra will start as a permission blockchain, then move slowly through a blockchain without permission.
This is very important: Bitcoin and Ethereum are networks without permissionwhich means that everyone can participate and run on a node, thus becoming part of the infrastructure of the blockchain. But on Libra, initially, only a small list of approved companies and organizations will be able to run. In simple terms, this means that it will be easier to make the Balance scalable (Barel told me that the goal is to have thousands of transactions per second), but that this will not be exactly a fully decentralized project at launch.
From the White Paper of Libra:
"The Libra Blockchain will be decentralized and will consist of a collection of validators who work together to process the transactions and maintain the blockchain status. (…) Initially, the association (and validators) will consist of a diverse and geographically distributed group of founding members, who are organizations chosen on the basis of objective participation criteria, and who have an interest in strengthening the Libra ecosystem and investing resources for its success. "
The timetable for turning Libra into a chain of blocks without permission is quite generous: the association plans to launch the process "within five years" following the launch of Libra.
Libra will be an intelligent contractual platform
Like Ethereum, Libra will allow third-party developers to create decentralized applications over their blockchain. However, unlike Ethereum, which is a versatile decentralized intelligent contract platform, Libra will have a strong predilection for financial applications.
Balance comes with a new programming language called Move
Move is a new language, which means that developers will have to adapt to a new programming environment. Facebook says that it is designed with "safety and security as absolute priorities".
Libra is an advanced blockchain
In the world of blockchain technologies, it is difficult to find two experts who agree on the type of blockchain that works best. But one thing is certain: Libra is not an obsolete technological element. It uses several advanced techniques and solutions, such as using Merkle trees to store the full registry history, and a fault-tolerant Byzantine consensus model (which means that it resists one-third of network nodes that are faulty or dishonest), as in the modern world. proposals such as Casper and Tendermint.
Fully evaluating the advantages and disadvantages of the technical solutions of the Libra goes both beyond the scope of this text and the capabilities of its author, but, again, I am sure that the experts will have their say in the weeks and months to come.
Libra is not a proof of work
Unlike Bitcoin, which in its current state requires immense computing power, Libra does not use a consensus algorithm for proof of work. This means that Libra does not waste huge amounts of energy.
Libra is pseudonym
Just like Bitcoin and Ethereum, Libra does not link network accounts to a real identity.
Libra is open source
Everyone can look in the code of Libra.
The currency is a stable type of currency, but it differs from most stable coins currently available on the market. Instead of closely monitoring the value of a real asset, such as the US dollar, Libra will have its own value. However, it will be supported by a basket of "low volatility" assets to ensure its stability.
Even if it is designed to be stable, the value of the Balance will fluctuate. If you buy a $ 100 balance today, its value might be slightly different in the future. According to a document that Facebook has sent me, "reserve assets are chosen so as to minimize volatility, so that Libyan holders can trust the currency's ability to preserve its value over time. ".
Sending and receiving Libra will be very inexpensive (or nonexistent), although the details on the price are unclear. So how are the entities going to hold the balance assets of Libra to make money? One word: interest. According to a document that Facebook has sent me, "interest on reserve assets will be used to cover the costs of the system, to guarantee minimal transaction costs, to pay dividends to investors who have provided capital to revive Ecosystem and support growth and adoption. " Note that Balance users will not receive a return from the pool.
The Libra Association will be the guardian of Libra and the only entity able to burn or hit the Libra currency. And this will be done in response to market demand. With the increase in demand for Libra, more Libra will be issued and the supply will increase – and vice versa.
For most users, Libra will be largely attributed to Calibra, the wallet created by Facebook that allows you to send and receive Libra currency. It will be integrated with WhatsApp and Messenger, allowing users of these applications to register easily, reload their portfolios with funds and send, receive and pay with Libra (with "small" transaction fees), all from the applications. Calibra will also be available as a stand-alone application for iOS and Android.
Registration at Calibra will require a verification from KYC (know your client), which means that users will need to download some kind of government issued identifier before they can start using the service. Kevin Weil, vice president of products for Calibra, said the process of integration would be as simple as possible, "almost like a discussion."
Reloading funds should be as simple as typing credit card information. For unbanked people, in certain areas, it will be possible to go to physical places where they can refuel by handing money.
Regarding confidentiality, Facebook claims that Calibra "will not share account information with Financial, Facebook or any other third party without the consent of the customer".
In terms of security, Calibra will have built-in anti-fraud protection, a password recovery option and multifactor authentication. A characteristic of Calibra is that cryptocurrency portfolios will not benefit from 24×7 customer support.
Important: Due to the open nature of Libra, Calibra will not be the only Libra wallet that you can use. In fact, it should be quite possible to sign up for Calibra, fill it with money, and then move the books you received using a third party portfolio that has no connection with Calibra and the outside. of the Facebook ecosystem.
More information on Calibra is available at the following address: calibra.com; You can also sign up to receive notification when the portfolio becomes available.
Creating new forms of money and letting billions of users send it around the world is not as easy as building a platform: there are rules and regulations that vary from jurisdiction to another.
I asked Weil questions about the potential problems, and about the fact that Calibra will be a fully regulated entity and that Facebook is already discussing with regulators around the world and is applying for licenses to make it fully compliant . With the law Even though the entire project is envisioned as a global project, Weil has said that Calibra "would only work where it is legally allowed".
The blockchain and the Libra coin, as well as Facebook's Calibra digital wallet, are still not ready for public use. Facebook indicates that it intends to embark on the first half of 2020. However, the "Start Cycle Code" for Libra Blockchain will be open today, and Libra is pleased with the comments community on the project.
As for Calibra, Kevin Weil said that Facebook still had "a lot of work to do" before Calibra could be made public.
Libra is one of the most ambitious cryptocurrency projects ever conceived. It includes a blockchain, an intelligent contract platform, a low volatility cryptocurrency and a portfolio that will be integrated with some of the most used applications today.
Many questions remain: Facebook has not exactly had a stellar privacy record in the last two years Society seems to have done a lot to make Libra a common, open and global effort. Still, the public and regulators will want to know if Libra and Calibra are opening new avenues for misuse of user data.
There is also the question of technical execution. Balance and Calibra are at an early stage of development and unforeseen obstacles may arise.
Nevertheless, Libra is a large-scale project, backed by a long list of hitters in the areas of payments and online retailing. Companies such as PayPal, eBay, Mastercard and Visa have so far hesitated to openly adopt cryptocurrencies. This is changing today and it is a big problem – both for the companies involved and for crypto-currencies in general.
(tagsToTranslate) facebook (t) book (t) crypto-currency (t) project-book (t) technology (t) big-tech-companies (t) cryptocurrency-blockchain</pre></pre>
In one Monday morning interview on CNBC Squawk BoxTrump addressed a wide range of topics, with a particular focus on its tariff-based trade with China. But towards the end of the interview, the president provided us with nuggets about big tech companies such as Facebook and Huawei.
To start the debate, Trump resurrected the view that advanced technology is biased against him.
"People are talking about collusion, the real collusion is between the Democrats and these companies," Trump told a question about possible antitrust actions against Facebook, Amazon and Google. "They were against me in my race, everyone said," If you do not have them, you can not win. "Well I won, you know, and I will win again."
The anti-right bias has been a topic of debate in recent years, with Trump specifically calling on Twitter and Google to assume the removal of pro-Trump content. Last year, I claimed to the loss of Twitter followers Anti-Trump bias proved on the platform, even thought that the same phenomenon has done more damage to the number of followers of Barack Obama.
The president also accused Google of falsifying search results for the benefit of the left on similarly fragile premises. Google has deny thatall in Twitter admitted Trump is actually much longer than Twitter's average users.
Later in the interview, Trump addressed antitrust concerns with big tech companies such as Facebook and Amazon. Trump called on the European Union to "attack our businesses" via end of billions of dollars for anti-competitive practices.
However, I also think that they think that technology companies may be too big.
"They think that there is a monopoly, but I'm not sure that they really think it.They calculate this easy money," Trump said about EU practices. "I think it's a bad situation, but obviously there's something going on in terms of monopoly."
Finally, Trump closed his technical comments with some thoughts on Huawei and China in general. The Trump administration narrow Huawei's ability to do business in the United States earlier this year due to alleged national security concerns. Consequently, Google revoked the company's Android license for its range of smartphones.
Huawei has finally obtained temporary relief from the ban by the government, but Trump still sees it as a potential problem. He also sees this as a currency of exchange in his trade war with China.
"I see it as a threat," said Trump. "At the same time, it would be nice if we did something about Huawei in our trade negotiations with China."
Finally, Trump asked a question about the growing 5G mobile phone market in the United States. as an opportunity to claim the United States technological superiority over China.
"China, as great as it is, is great, they do not have the ability of our Silicon Valley geniuses to walk around in underwear and their value is $ 2 billion each," he said. Trump. "They do not have nearly the genius that these people have."
(tagsToTranslate) facebook (t) google (t) amazon (t) donald-trump (t) huawei (t) tech (t) politics (t) big-tech-companies</pre></pre>