# Libra Whitepaper * making traditional finance systems programmable, interoperable, upgradeable ## Updated (April 2020) whitepaper has more on: * single-currency stablecoins in addition to multi-currency coin * multicurrency LBR could interfere with monetary sovereignty and monetary policy * adding LibraUSD, LibraEUR, LibraGBP, and LibraSGD * LBR is a "digital composite of some of the single-currency stablecoins on Libra network." (defined in fixed nominal weights, e.g. SDR that's maintained by IMF) * LBR will be used as efficient cross-border settlement coin + neutral, low-volatility option for those that don't have stablecoin on network yet * method provides a method for the integration of central bank digital currencies * more safety through compliance framework * want to ensure Anti-Money Laundering, and Combating the Financing of Terrorism, sanctions compliance, prevention of illicit activities * will establish a FIU (Financial Intelligence Function) to uphold standards * four different types of participants: * designated dealers * Regulated virtual asset service providers (VASPs) * registered/licensed as VASP in a Financial Action Task Force (FATF) * Certified VASPs * permitted to do VASP work through certification * Unhosted Wallets * Other individuals/entities * to begin with, network only available to Designated Dealers and Regulated VASPs * removing permissionless-ness * perimeter control * protections for the Libra Reserve * Reserve will hold assets with: * very short-term maturity, * low credit risk * high liquidity ## Introduction * blockchains are good for: * distributed governance * open access * security through cryptography * the bad thing about blockchains is that: * prices are volatile * they can't scale Belief that the benefits of blockchain can come with compliance and regulatory frameworks. ## Libra Payment System * Libra made up of three parts: * Blockchain as the distributed ledger, which acts as the backbone * Libra coins that are backed by Libra Reserve of assets that are cash or cash equivalents and short-term government securities * Governance by independent Libra Association and Libra networks * Libra Association is headquartered in Geneva, Switzerland * Facebook has no special rights within the Association ## Libra Blockchain * requirements: * scaling to billions of accounts * high transaction throughput * low latency * high-capacity storage * Highly secure * Flexible for future innovation * design decisions: * uses the Move programming language * Uses BFT-tolerant consensus * Adoption of widely adopted blockchain data structures * Move programming language * specifically designed to ensure that assets don't get cloned through "resource types" that constrain digital assets to same property as physical assets * currently, only Association-approved smart contracts can integrate directly into Libra * BFT consensus * LibraBFT * will continue to function properly even if up to 1/3 of the network of validators are compromised * allows for high transaction throughput compared to PoW * facilitates transaction finality * security of BFT depends on quality of validators, so due diligence will be done by the Association * Blockchain data structures * Merkle trees for data storage * provides public verifiability for anyone to audit accuracy
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Zesty November 2022 Update

A new game in WebXR Zesty currently has access to about 200k unique users per month from WebXR Robot Rally is a free-to-play multiplayer shooter built initially for WebXR with plans to expand into mobile/desktop Goal of creating the game is to explore the creation of a virtual space where anyone coming from a Quest or a Pico can connect with each other - currently there are no social applications in WebXR Building the components for Tinyverse Metaverse marketing companies such as Publicis and Everyrealm have expressed interest in using

11/10/2022
list of worlds

Please reach out on Twitter @limbofeather if you have any concerns, or DM on Discord @limbofeather#0001. Name Description WebXR Support Multiplayer Web3 Support Custom Avatar Support Avatar File Format

4/27/2022
Roblox S-1 Notes

https://www.sec.gov/Archives/edgar/data/1315098/000119312520298230/d87104ds1.htm Jan - Oct 2020 31.1M DAUs 22.2 B $589 M revenue $1.2 B bookings $345 M operating cash flow

12/16/2020
Openverse Whitepaper

Abstract Today, XR app developers are dependent on centralized, permissioned distribution channels for their income. These channels take 30% of the revenues in exchange for the placement of a creator's content on their digital shelf. These platforms are not necessarily the most benevolent governments to build a community in, especially since they have been known to block certain apps from working properly, preventing developer from building valuable features, and in the worst case cannibalizing an app altogether. Our goal is to provide developers with a way to reduce their dependence on centralized channels. We will accomplish this by building a protocol which enables the tokenization of digital space and an auditable record of interactions with the digital spaces. Through the use of scalable web3 protocols, we will enable a more transparent financial settlement layer for the exchange of value between advertisers and the creators who are offering spatial liquidity. Gone will be the days when payment processors take a cut of the transaction. Through the use of a profit-sharing token, all stakeholders of the network, including investors and protocol developers, will be able to benefit from the growth of the network. Introduction Augmented and virtual reality provides a new substrate for the creation of spatial experiences that have some form of spatial scarcity. Why XR?

11/18/2020
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