If Facebook desires to stay relevant they must adopt Ethereum or Bitcoin blockchain. dApps pose a significant threat to their business. Coming onto people’s radars is FaceCoin which plans to function that.
Before facebook be a thing of the past, something similar to a swarm is required. FaceCoin addresses this problem and makes it easy for users to perform nodes and create a sharded offchain swarm. Decentralized indexing using map reduce tech could solve such a 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 with their intention to work with blockchain technology of Ethereum. Currently, no social networking has been given on this network, though many have anticipated the appearance of such things as FaceCoin. Those people who are invested understand this like a long-term play.
For about several years theres been arguement we need to have 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, then there is a wide open marketplace for facebook in the future in and distrupt the room.
Newsfeeds could be envisioned over a per-user basis if said user runs dedicated software which sorts and presents the data to other users through their internet browser. Just for this idea to truly be executed, there is a large gap to fill which FaceCoin is established to fix. Tooling, convenience, and clarity are common apsects that matter.
FaceCoin developers think that the achievements the website is dependent upon the quantity of individuals who own and use it. Development is surely an ongoing effort along with the private beta has been full swing for a while now. Why has Wall Street ever allowed such a threat to exist? If someone really uses Facebook they understand how much of a joke of these serving as your government and taking your wallet money is.
It is a game changer since it’s potential is indeed big, many people will want it. They desire an area from the ad pie along with the businesses will want it as well since it means more customers on their behalf. Facebook has ended $500 billion, if the platform existed and got even 10% of these users it will skyrocket not just FaceCoin but also Ethereum along with the fuel of tomorrow.
Another thing is for sure, driving under the influence noisy ., you will be sitting pretty many years down the line.
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