Facebook’s Libra Publishes Its Roadmap with 4 Key Milestones
NEWS
October 03  |  2 min read

Libra Publishes Its First Roadmap

The COIN360 Editorial Team

The Libra Association has published a roadmap with 4 key milestones for the Libra Mainnet.

Libra Mainnet Milestones

“One method we use for tracking the project's success is how many of the deployed nodes are managed by different partners,'' the announcement reads. At first, the Association expects to add 5 partners, then 25 partners for the second milestone, and eventually reach 100 partners, which will allow the mainnet launch:

“Our belief is that wider diversity of infrastructure will provide more resiliency to the Libra network.”

The transition from a private blockchain to a public one is expected to begin when the net has 25 partners. Once the net reaches 75 nodes, the transition is expected to be completed. The involvement of Calibra, according to the roadmap, will be reduced from 75% to a modest one percent once the mainnet is launched and 100 partners are on board.

“As the project tracks towards the Mainnet milestone, it is necessary to bring more nodes online while maintaining the operation of the testnet”, explained the announcement:

“To aid this effort, we've created a staging environment that we call Pre-Mainnet. Pre-Mainnet is currently only accessible to partner nodes to allow them to connect to each other. A handful of partners have already deployed their nodes and have them communicating with each other.”

The Libra team is working in 60-day sprints to guide planning and development of Libra Core. The project progress will be available on Github. Previously, Libra Association executive Bertrand Perez shared that a lot of “work” had to be done to meet regulatory requirements, but the team was committed to launching Libra on schedule, between the end of the first half of the year and the end of 2020.