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Diem

Official website (https://www.diem.com/en-us/)

EntityQ64684932· pop 31· linked from 207 articles

Also known as Libra Project, GlobalCoin, Facebook Coin, Libra, Diem Project, Diem Association

digital currency proposed by Meta Platforms

Key facts

Symbol
White paper
Diem whitepaper
Initial release
Cancelled
Code repository
github.com/diem/diem
Development status
Announced
Written in
Rust
Developer
Diem Association
Source model
Open source
License
Apache License 2.0
Website
diem .com

via Wikipedia infobox

Official website

Home Page | Diem Association

diem.com

Link to the official site · 11,026 chars · not written by Vinony

Source code

Note to readers: Silvergate Capital Corporation announced in January 2022 that it acquired intellectual property and other technology assets related to running a blockchain-based payment network from Diem, further investing in its platform and enhancing its existing stablecoin infrastructure. Diem Core implements a decentralized, programmable distributed ledger which provides a financial infrastructure that can empower billions of people. Note to Developers Diem Core is a prototype. The APIs are constantly evolving and designed to demonstrate types of functionality. Expect substantial changes before the release. We’ve launched a testnet that is a live demonstration of an early prototype of the Diem Blockchain software.

Excerpt from the source-code README · 2,524 chars · not written by Vinony

Wikidata facts

Instance of
free software
Founded by
Meta
Official website
www.diem.com/en-us
Show 10 more facts
inception
2019-00-00
Unicode character
publication date
2019-00-00
source code repository URL
github.com/diem/diem
programmed in
Rust
announcement date
2019-06-18
social media followers
67813
Commons category
Diem (Facebook)
Sources (8)

via Wikidata · CC0

~24 min read

Encyclopedic overview

Diem (formerly known as Libra) was a permissioned blockchain-based stablecoin payment system proposed by the American social media company Facebook. The plan also included a private currency implemented as a cryptocurrency. The launch was originally planned to be in 2020, but only rudimentary experimental code was released.

The project, currency, and transactions would have been managed and cryptographically entrusted to the Diem Association, a membership organization of companies from payment, technology, telecommunication, online marketplace and venture capital, and nonprofits. Before December 2020, the project was called "Libra", although this was changed to Diem following legal challenges regarding its name and logo.

Excerpted from Wikipedia’s “Diem” article, available under the CC BY-SA 4.0 licence.