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Facebook new project LibraCoin

Facebook Revealed Plans for New Project LibraCoin

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Facebook has revealed its plans for their new project, a stablecoin, which is now officially called LibraCoin. The public launch will reportedly happen in the first half of 2020. The media went frenzy and we are now witnessing the opposing views on LibraCoin’s future. But, first, let us explore LibraCoin.

What is LibraCoin

What is LibraCoin is the frequently asked question these days. As majority of other cryptocurrencies, LibraCoin is a digital currency that serves as a means of payment. As expected, the transaction fees that apply to LibraCoin are near to zero. Facebook reportedly announced that the users would be able to buy LibraCoin or get their cash from LibraCoin either online or at local exchange spots.

Facebook has also developed its Calibra wallet. Apparently, it will be governed by Facebook, as a subsidiary of its own. This wallet will be integral part of Messenger, WhatsApp, and other Facebook’s apps. However, it appears we will wait a few more months to be able to use Calibra.

The Libra currency is represented by a 3 wavy horizontal lines character ≋

Advantages of LibraCoin

We all expect LibraCoin to have some advantages over other cryptos. Facebook did not disappoint us in this respect. LibraCoin is fast and less expensive, especially if we use it for international transactions.

Apparently, the companies which accept LibraCoin as means of payment will have discounts or rewards.

This new stablecoin is powered by the Libra Blockchain. This ecosystem is announced as an open-source. It is developed in Facebook’s own Move programming language.

Libra Vs. Bitcoin

With Bitcoin being the leading crypto, we cannot avoid comparing the two . Bitcoin has proved itself as the master of decentralization. On the other hand, LibraCoin is controlled by Facebook and the Libra Association. Furthermore, Facebook declared that they would not have full control over LibraCoin. Other members of the Libra Association will participate in decision making. Among many companies, there are Visa, Uber, Andreessen Horowitz, etc. These members invested more than $10 million each in the project.

Bitcoin’s and Facebook’s blockchains also differ. Bitcoin runs on permissionless blockchain. This means that the miners do not have to ask for approval before they start their mining. LibraCoin’s block chain is permissioned.

Challenges LibraCoin Faces

When launching plans for the new financial ecosystem that has impacts worldwide, it is expected to face certain challenges. As stated above, LibraCoin is centralized and supported by government-backed currencies and securities. They claim that this should secure low risk and avoid fluctuations. Nevertheless, there are voices raising questions. Experts claim that LibraCoin is challenging banking systems, although they doubt this would be the end of the traditional institution. What we can predict at this stage is that LibraCoin will seek to exploit the weaknesses of banking transfers and offer more convenient solutions.

One of the main concerns mentioned in the media is over Facebook’s ability to secure the financial information of their clients. The concern is justified due to the previous breach of users’ personal information. With information about financial transactions, Facebook will now definitely have unrivaled advantage over all other companies in the industry.

Concerns from regulators include the ways LibraCoin will be regulated and in what way exactly Facebook and the Libra Association will be fighting money laundering.

Apparently, making LibraCoin the new leading crypto would take some time. As Facebook Inc. Chief Operating Officer Sheryl Sandberg said, this project is a “long way from launch.” She also added:

“Regulators have concerns. We’re already meeting with them. We know we have a lot of work to do, but this was an announcement of what we would like to do with a roadmap for people to jump in and help us do it.”

 

We would appreciate your thoughts on LibraCoin.

commencement speech sharing values

Commencement Speech Sharing Values

By Lifestyle No Comments

The time to give or to receive a commencement speech and sharing values has just ended. It made us think how seldom we go back to the words of wisdom we heard at that certain moment. Reminiscing can be rewarding, if we know how to interpret the values and remember them every now and then.

Graduating is an important time in a persons life. The best among us are usually invited to share their thoughts, advice, and pledges in the name of the entire generation. We stand there, proud and eager to take a plunge in life. Once it happens, the circumstances and paths we take lead us far away. Sometimes, they make us forget the essence of our beliefs. We experience difficulties remembering the way we were. The ideas we believed in. The dreams we had.

Without any pretension to sound too wise, this is just a short collection of what we believe should be the most important lessons to remember in life.

It Is OK to Fall, As Long As You Are Not Afraid to Get Up

Regardless of what your job may be, or your purpose in life, learning to “get up” is one of the most important lessons anyone should learn. This is probably the advice your parents have given you. If not, you must have experienced it yourself.

Fear is what usually makes us incapable of reacting properly. Facing fear and believing in yourself is what can pull you through.  This is a process that can last a lifetime. However, the sooner we realize that we have a certain power to create the circumstances the more self-confident we will be. Furthermore, our lives would be more fulfilling. Or, as Bill Nye said:” As we say in the theater and on television, take that fear and turn it into excitement.”

Another positive aspect of this small wisdom is that by accepting the fall, we accept our own imperfections. It may sound strange but being humble and aware of your own deficiencies can make you a better person. Additionally, the only way to advance in life is to pursue the skills and knowledge you are lacking. But, first, you need to be aware of what you are lacking.

Each Experience Is a Lesson

There is no great wisdom here, although this is completely true. Especially if you read between the lines. It is not about the experience itself, rather about the context of your own way of living. A lesson learned through experience can be different for anyone. It depends on how you interpret it. It also depends on what your moral grounds are. Either way, each experience is a lesson.

The toughest experiences make the toughest characters. Sometimes you will realize that you wasted your heart on a wrong person. Other times, you will see how deeply rewarded you can be for learning to be independent or to connect. There are times when experiences can teach us how to be patient and invest in the future. There are also times when we are faced with circumstances beyond our control. These are usually the moments when we test our faith.

Life is difficult, beautiful, hectic, romantic, tough. What we do with it, it is up to us. However, the only way to make this life a joyride is to take a break every now and then. Resetting can be healthy in the modern-day dynamics. Stop and smell the roses. Remember the important things and people in your life. Give them a call. Undo the wrong you may have done. You can feel better.

 

What is the most important advice you stick to?

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Quiz: How well do you know RTG video slots?

By News & more 4 Comments

We at Casino Brango decided to raise the fun to a higher level! All of you who like to play with us prepare yourselves for the little bit of guessing. You know what? Well, we made a quiz to check your knowledge about RTG video slots. The best among you can expect a nice surprise at the end.

Let’s start!

 

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Progressive Slots for the Fearless

By Tips & Tricks No Comments

Are you an audacious player? Yes, we can all play and hope for some money to drop in from time to time, but do you ever think outside of the box and aim for the big win? Progressive slots, which are sometimes referred to as kings of online casino games, are meant for more daring players who have the guts to risk big in order to win big.

When it comes to joining forces, what better combination can you think of other than the king among the online casino games on one hand and instant withdrawal kings on the other?

Piles of cash are achievable. Trying your luck is not just some phrase we throw at people when we have nothing better to say. Luck is a category that is open to discussion, we can agree. However, luck is always present regardless of whether we acknowledge it or not.  The question which comes to mind is: why not test it every now and then?

Features of Progressive Slots

Progressive slots have the most massive payouts among all the jackpots out there. While regular jackpots are usually set at a specific amount throughout the game, the progressive ones have no limits and are related to the number of players engaging in the game and the deposits they make. The winning amount is extremely high due to the fact that a prize is drawn from one winning pool, in which all of the amounts are collected. Additionally, one game can be shared among many casinos, and the winning pool is shared as well. Therefore, you can imagine how quickly the winning amount can be increased taken into consideration how many players in different casinos place bets for the same game.

As with all things in life, the competition may be high, but so are the rewards. The downside to progressive slots may be the fact that it is difficult to predict when the jackpot will strike. Nevertheless, we can all take one important note into consideration: if there has not been a jackpot for a long time, it could only be a question of days, weeks, etc.

Apart from choosing the right moment, and using common sense, we can also suggest looking for the slot that has not had a jackpot in quite some time. At our casino, you will find “Cleopatras Gold”, “Aztecs Millions”, “Spirit of the Inca”, “Megasaur”, all waiting for the lucky winner.  It is easy to imagine spending big bucks, but you would need to put some effort into increasing your chances of winning.

Tips for playing

So, once you have chosen the slot you wish to play, a little background check can go a long way. There are apparently sites where you can check the latest news regarding the previous winning dates and the amounts of certain jackpots, as well as patterns and predictions of future winnings.

Another tip to elevate your chances is to make your own plan and stick to your own dynamics. Winnings are randomly generated and there is always a chance that once your routine will become your golden egg.    

And ultimately, remember that playing can improve your mood, make your day, sharpen your senses. When you decide to try your luck on a deeper level, make sure you have the proper support and to do it in a bet safe casino. Now, check what some of the ancient civilizations have been up to! Good luck!

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3 Slots With The Biggest Payout This Week

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Probably, when some player at online casino chose the game he wants to play, one of the most important thing for him is the biggest payout. In the name of that, we from time to time we like to inform our players which slots were most paid at Casino Brango. This week we have three one with the biggest payout.

Panda Magic

This all ways pays slot has 5 reels. Winning combinations are formed by symbols on adjacent reels from Left to Right, except scattered Magic Tickets, which pay Any. “Panda Magic” is Wild, and the magnificent onscreen panda may weave even more magic into the experience by expanding Wilds when they appear! 3 or more scattered Magic Tickets triggers up to 30 Free Games with wins doubled. The panda may activate the More Magic Feature during Free Games, adding up to 3 Wilds to each reel, Expanding Wilds or both!

the biggest payout

Popiñata

This game with 5 reels and 10 variable paylines is filled with glowing, festive piñatas waiting to explode with every win. The Donkey is an expanding Wild, which will trigger an instant re-spin when it appears! Any Wild Donkey appearing after the re-spin will trigger another instant spin! Slot “Popiñata” also pays in both directions, with Left to Right and Right to Left prizes being awarded.

the biggest payout

Ghost Ship

In this 5 reels and 25 variable paylines slot, all symbols pay left to right except scattered Ghost Ship, which pays any. Ghost Captain substitutes for all other symbols except scattered Ghost Ships. When the Ghost Captain or Ghost Ship appear, Ghost Captains may fill the rest of the reel that they appear on. The feature is triggered when 3 or more scattered Ghost Ships appear anywhere. 2 free games are awarded for each Ghost Captain or Ghost Ship appearing anywhere on the triggering game.