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The Rise and Fall of Libra: How Desperate Amateurs Cracked the Code

The assumption was simple: No one will try to break this because they’ll fail.

As Libra's launch approached, a group of amateur hackers and researchers began to probe the project's defenses. In August 2019, a team of researchers from the University of California, Berkeley, and the Massachusetts Institute of Technology (MIT) published a paper detailing several vulnerabilities in Libra's codebase. The researchers found that Libra's use of a centralized validator system made it vulnerable to attacks, and that the project's proposed solution – a " Byzantine Fault Tolerance" algorithm – was not as secure as claimed. libra desperate amateurs cracked

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