If Facebook really wants to stay relevant they must adopt Ethereum or Bitcoin blockchain. dApps pose a serious threat for their business. Coming onto people’s radars is FaceCoin which offers to just do that.
Before facebook and twitter become a subject put to rest, something similar to a swarm is necessary. FaceCoin addresses this issue and makes it easy for users to own nodes and make up a sharded offchain swarm. Decentralized indexing using map reduce tech could solve this type of scaling issue.
Some of the biggest names from the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have entered into the sector making use of their intention to utilize blockchain technology of Ethereum. Currently, no social network has been produced on this network, though many have anticipated the arrival of such things as FaceCoin. Those who are invested understand this like a long lasting play.
For about 10 years theres been arguement that we need a decentralized, encrypted, peer-to-peer strategy for communication wherein each user physically and legally owns their data, and controls said rights over a public basis. No social solution satisfies these tenets yet, as there are a wide open industry for bitcoin ahead in and distrupt the room.
Newsfeeds might be envisioned over a per-user basis if said user runs dedicated software which sorts and presents the data with users through their visitor. Just for this idea to truly be executed, there exists a large gap to fill which FaceCoin is determined to unravel. Tooling, simplicity, and clarity are apsects that matter.
FaceCoin developers believe that the prosperity of the website depends upon the amount of those who own and use it. Development is an ongoing effort along with the private beta has been full swing for some time now. Why has Wall Street ever allowed this type of threat to exist? If somebody really uses Facebook they do know how much of bull crap of which acting as your government and taking your pocket money is.
This can be a game changer as its potential is indeed big, many individuals ought it. They need a section from the ad pie along with the businesses ought it as well given it means more customers for the kids. Facebook is over $500 billion, if this type of platform existed but got even 10% of those users it’ll skyrocket not just FaceCoin but in addition Ethereum along with the fuel of tomorrow.
Another thing is certain, when you get noisy ., you will be sitting pretty many years in the future.
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