Why didn’t Facebook just build Libra on Ethereum?

Many may wonder why Facebook is making its blockchain for Libra from scratch, and not taking advantage of ready-made solutions. For example, Ethereum, EOS or even Stellar. Unfortunately, the answer is obvious and very simple. Facebook wants more control. More than the decentralized network may give. It is necessary for Facebook to cancel transactions if necessary, block, know who is transferring what and where. Facebook is also looking for greater scaling, as long as the cryptocurrency sphere cannot process so many transactions.

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