If Facebook wants to stay relevant they should adopt Ethereum or Bitcoin blockchain. dApps pose a serious threat on their business. Coming onto people’s radars is FaceCoin which offers to do exactly that.
Before twitter become a subject put to rest, something like a swarm should be used. FaceCoin addresses this problem and makes it easy for users to perform nodes and make 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 stepped into the arena with their intention to do business with blockchain technology of Ethereum. Up to now, no social network has been given on this network, though many have anticipated the appearance of specific things like FaceCoin. Those who find themselves invested see this as a long-term play.
For about ten years theres been arguement that people have to have a decentralized, encrypted, peer-to-peer means 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 ethereum in the future in and distrupt the room.
Newsfeeds could be envisioned on a per-user basis if said user runs dedicated software which sorts and is the data along with other users through their browser. With this idea to really be executed, there’s a large gap to fill which FaceCoin is set to fix. Tooling, ease of use, and clarity are all apsects that matter.
FaceCoin developers feel that the achievements the web page depends upon the quantity of people that own and then use it. Development is surely an ongoing effort along with the private beta has been around full swing for some time now. Why has Wall Street ever allowed this kind of threat to exist? If somebody really uses Facebook they know the amount of fiction of them in the role of big brother and taking your bank account money is.
This is a game changer since its potential is indeed big, lots of people will need it. They want a piece of the ad pie along with the businesses will need it too given it means more customers for the children. Facebook has ended $500 billion, if this platform existed and also got even 10% of those users it will skyrocket not only FaceCoin but in addition Ethereum along with the fuel of tomorrow.
A very important factor is for sure, when you get during the early, you may be sitting pretty a few years down the line.
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