September 22, 2020

Four prospective OpenLibra partners refute their participation in the project

The author of the initiative to create an alternative version of the digital currency Libra incorrectly provided information about some participants in the project. So, representatives of Tendermint, Chainlink, Web3 Foundation and Hashed have denied their participation in it, CoinDesk reports.

Earlier this week, during the Devcon5 conference in Osaka, Wireline co-founder Lucas Geiger introduced the OpenLibra initiative, which aims to become the "non-corporate version of Libra" from Facebook.

Allegedly in the development teamOpenLibra included representatives of various blockchain projects, including Cosmos, Chainlink, Web3, Democracy Earth, as well as non-profit organizations such as the Danish Red Cross.

“I participated in one collective call. After that I didn’t do anything, and they didn’t ask me before including my name in the slides, " - said lead developer Tendermint Inc. Sunny Aggarwal.

Similar comments were provided by Chainlink, Web3 Foundation, and Hashed. The last two companies noted that they were mistakenly associated with employees who no longer work in these projects.

“We are not against OpenLibra. We just are not part of them, " Said Zeke Turner, head of communications for the Web3 Foundation.

It is reported that Lucas Geiger has already formally apologized for the misunderstanding.

At the same time, nine representatives of variouscompanies and organizations have confirmed their participation in the project. These included Ethereum developer Lane Rettig, Tendermint director Zaki Manian, as well as the founders of Iqlusion, Vulcanize, BlockScience and HiveOnline. They all stated that they support OpenLibra individually, although the participation status of the companies behind them was not specified.

Recall, on October 23 in the United States Congress, hearings on Libra will be held, during which Facebook head Mark Zuckerberg spoke.