Link | Libra Desperate Amateurs Cracked

: Because the testnet reused certain nonce values, amateurs simply copied valid transaction data and replayed it. The system, trusting its own signature, accepted the duplicate as new. One user reportedly minted 30 million test-Libra in an afternoon.

When the whitepaper dropped in June 2019, Facebook promised a global financial revolution. They had the users (2.4 billion at the time). They had the partners (Visa, Uber, Spotify). They had the technology (a permissioned blockchain). What they didn’t have, it turns out, was the slightest clue how to handle a swarm of who cracked their fortress before the doors even opened. libra desperate amateurs cracked

The "desperate" narrative suggests that Facebook rushed the project, cutting corners in security and regulatory compliance. : Because the testnet reused certain nonce values,