Feb 16, 2020 23:20 UTC
Feb 16, 2020 at 23:20 UTC
Why Bison Trails is taking the highroad with Libra
The biggest disputes that we see with blockchain technologies in recent times are of many. To name a few some of the companies are turning their business into a nightmare to deal with illogical protocols and withdrawal standards that the blockchain technology is currently putting up with. There are a lot of increased methodologies that we are seeing in the space that seems to be biting the dust within its release. There are also a lot of scams and heists that are becoming prevalent in space just because every aspect of the technology is digital.
Why is it so bad?
Many of the experts feel that this will slowly bite into the popularity index of many of the crypto projects that are really making a profitable stance out there right now.
One of the aptest and debatable companies that will suit the above-mentioned profile is definitely Libra.
Libra, the blockchain management firm from the social media giant Facebook had a very welcoming market upon its release. But as the days went by many of the performance barriers of the company as well as the ambitious goals set by the company raised red flags around its investor’s community forcing them to walk out of Libra. This slowly damaged the reputation of the projects of Libra that were up and running and with improving standoffs, Libra started to lose more and more heavy investors on the way.
Why Bison Trail is strong with its decision?
But many companies who are still with Libra have logical reasoning behind why they actually are still supporting Libra. One of the lots is definitely Bison Trails. During a recent chit chat with the Viktor Bunin, a protocol specialist of the company, things became even clear.
During the interview, Viktor gave a lot of insights about why Bison Trails still appreciates the effort taken by Libra to monetize the blockchain space. He says that it is not that many companies do not believe what Libra believes in, but they are just failing to see the fact that it could really pull off beneficial growth to the company. He says that the vision and standard that Libra is trying to put out there is highly tormenting and difficult to achieve, but it definitely is the right thing to be done.
He also put in the fact that when Bison Trails joined the Libra association, it was not because that the social media giant was doing something, but rather the decision was based on the fact that the company was doing something right.
Even with a lot of perpetual risks with the association and that too for a young company. Bison trails still believe it is the right thing to do.