Despite the resistance of world regulators, the Facebook's cryptocurrency project, Libra, continues thriving. In two months, thousands of transactions were logged on Libra testnet.

The Libra Association, the Switzerland-based organization responsible for developing the cryptocurrency project Libra, announced that the Libra testnet proceeded about 51,000 transactions over the past two months. Despite tough pressure from world governments, regulators, and even some members of the association itself, the crypto project continues to develop.

The Libra testnet was launched on September 17, 2019. Facebook officially confirmed that it develops the cryptocurrency project in mid-June of this year.

According to the Libra statement, the community of Libra developers created 34 testnet projects, including 10 wallets, 11 blockchain browsers, 11 clinets, 2 IDEs and 1 API. The Association notes that it paid special attention to simplify the workflow between the developers and the Libra project team so that they could focus on creating solutions and quickly join the community. The association also notes the success of the Libra test bug reward program, which helped to detect and fix network vulnerabilities.

Currently, 7 nodes are deployed in the Libra testnet, another 14 nodes are being prepared for launch, but 8 have no technical team yet. Previously, the developers specified that by the time the mainnet is launched, it is planned to launch 100 nodes.

“We want to say a very big thank you to all the developers in the community for all the hard work. We’re thrilled to be part of such a passionate community,” the association said in a statement. It also notes that the organization recently held the first summit for the technical team of the project, while it is planned to carry out such events in a more open and large-scale mode in the future.