If Facebook wants to stay relevant they must adopt Ethereum or Bitcoin blockchain. dApps pose a major threat with their business. Coming onto people’s radars is FaceCoin which plans to just do that.
Before twitter and Facebook be a subject put to rest, similar to a swarm is needed. FaceCoin addresses this issue and allows users to operate nodes and develop a sharded offchain swarm. Decentralized indexing using map reduce tech could solve this kind of scaling issue.
Some of the biggest names inside the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have entered into the world with their intention to use blockchain technology of Ethereum. Currently, no online community has been given with this network, though many have anticipated the appearance of things such as FaceCoin. Those who find themselves invested check out this being a long term play.
For about several years theres been arguement that we need to have a decentralized, encrypted, peer-to-peer way of communication wherein each user physically and legally owns their data, and controls said rights on a public basis. No social solution satisfies these tenets yet, as there are an open market for facebook in the future in and distrupt the space.
Newsfeeds might be envisioned on a per-user basis if said user runs dedicated software which sorts and is definitely the data along with other users through their web browser. Because of this idea to really be executed, there is a large gap to fill which FaceCoin is set to resolve. Tooling, simplicity, and clarity are all apsects that matter.
FaceCoin developers think that the achievements of the site is determined by the quantity of individuals who own and then use it. Development is an ongoing effort and also the private beta has been full swing for a long time now. Why has Wall Street ever allowed this kind of threat to exist? If a person really uses Facebook they are fully aware how much of bull crap of them in the role of your government and taking your wallet cash is.
This is a game changer since it’s potential is indeed big, a lot of people will want it. They want an area of the ad pie and also the businesses will want it as well since it means more customers for the kids. Facebook ends $500 billion, if this platform existed but happened to be even 10% of these users it will skyrocket not only FaceCoin but also Ethereum and also the fuel of tomorrow.
A very important factor is certain, if you get at the begining of, you could be sitting pretty a couple of years in the future.
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