Diem (prev Libra): Open Source Financial Network - Thorsten Neumann

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An open source project to build a trusted and innovative financial network. The architecture introduces a novel concepts on accounts, key rotation, propagation of updates on the network, while ensuring bazantine fault tollerance across the nodes. Validator nodes and full nodes power the network in logical, structured model that caters to efficient concensus while providing RPC inferfaces for direct data access in JSON format.

Concepts of the network architecture, validators, and use-cases will be explored. The smart contract language Move will be introduced to illustrate its potential uses. The first implementation being the peer-to-peer transaction powering moving of funds between two wallets on the Diem blockchain network. We will walk through the life of a transaction.

In this talk, we will run a local testnet, explore the RPC and CLI commands.
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