If Facebook really wants to stay relevant they have to adopt Ethereum or Bitcoin blockchain. dApps pose a serious threat on their business. Coming onto people’s radars is FaceCoin which offers to do just that.
Before facebook be a thing of the past, similar to a swarm should be used. FaceCoin addresses this challenge and allows users to perform nodes and create a sharded offchain swarm. Decentralized indexing using map reduce tech could solve a real scaling issue.
Many of the biggest names in the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have entered the sector using intention to do business with blockchain technology of Ethereum. Up to now, no social network has been made for this network, though many have anticipated the arrival of things such as FaceCoin. Those who find themselves invested see this as a lasting play.
For approximately a decade theres been arguement we need to have a decentralized, encrypted, peer-to-peer means of 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 an open niche for cryptocoin in the future in and distrupt the space.
Newsfeeds could be envisioned over a per-user basis if said user runs dedicated software which sorts and is the data to other users through their web browser. For this idea to truly be executed, there exists a large gap to fill which FaceCoin is determined to resolve. Tooling, simplicity of use, and clarity are common apsects that matter.
FaceCoin developers think that the achievements of your website depends on the volume of people that own and utilize it. Development can be an ongoing effort along with the private beta has been in full swing for a while now. Why has Wall Street ever allowed a real threat to exist? If a person really uses Facebook they do know how much of a tale of these serving as government and taking your pocket funds are.
This can be a game changer as its potential can be so big, many individuals will want it. They really want a piece with the ad pie along with the businesses will want it too since it means more customers for the children. Facebook has ended $500 billion, if this type of platform existed but happened to be even 10% of these users it is going to skyrocket not simply FaceCoin but additionally Ethereum along with the fuel of tomorrow.
Something is for sure, if you achieve in early, you may be sitting pretty quite a while in the future.
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