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The Libra Association, which governs Facebook’s Libra project, has announced that it has established a technical steering committee (TSC) that will coordinate the technical design and development of the Libra network.
According to an announcement dated Jan. 16, the association said that the committee was established on Dec. 16 and that its five members have also been elected.
This includes Anchorage co-founder and president Diogo Monica, Calibra core product lead George Cabrera III, Bison Trails founder and CEO Joe Lallouz, Union Square Ventures partner Nick Grossman, and Mercy Corps emerging technology director Ric Shreves.
In Oct., the Libra Association charter was signed by 21 members in Geneva. In the following month, the association said that 10 wallets, 11 blockchain explorers, 2 IDEs, 1 API, and 11 clients were actively involved in the development of the Libra network. Libra has also rolled out an open-source testnet – an early version of the Libra Blockchain – for developers.
“Establishing an independent TSC that is responsible for technical development of the Libra network is an important step forward for the Libra project. It has always been the Association's vision that the Libra project would be self-governing and independent of any one organization's control,” the announcement reads.
The committee is tasked with directing the project’s technical roadmap, forming Technical Working Groups to fast-track research into selected specific issues, guiding codebase development, and building a healthy and engaged Libra developer community.
The TSC plans to publish its technical governance framework and associated documents in the first quarter of 2020, which will include “the process by which the open source community can propose technical changes to the network and a transparent process for evaluating those proposals.”
