If Facebook really wants to stay relevant they should adopt Ethereum or Bitcoin blockchain. dApps pose a significant threat to their business. Coming onto people’s radars is FaceCoin which intends to just do that.
Before twitter and Facebook turn into a thing of the past, similar to a swarm is needed. FaceCoin addresses this challenge and makes it easy for users to own nodes and make up a sharded offchain swarm. Decentralized indexing using map reduce tech could solve such a scaling issue.
A few of the biggest names in the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have stepped into the sector using intention to work with blockchain technology of Ethereum. Up to now, no online community has been given about this network, though many have anticipated the appearance of things like FaceCoin. Those people who are invested check out this like a long term play.
Approximately a decade theres been arguement we need a decentralized, encrypted, peer-to-peer method 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, and there is a niche for initial coin offering into the future in and distrupt the space.
Newsfeeds may be envisioned on a per-user basis if said user runs dedicated software which sorts and is the data with users through their internet browser. With this idea to actually be executed, there is a large gap to fill which FaceCoin is decided to solve. Tooling, convenience, and clarity are typical apsects that matter.
FaceCoin developers believe the success of your website is determined by the number of those who own and use it. Development is surely an ongoing effort as well as the private beta has been full swing for some time now. Why has Wall Street ever allowed such a threat to exist? If someone really uses Facebook they know how much of fiction of them acting as your government and taking your pocket cash is.
This is a game changer since it’s potential can be so big, many people will require it. They want a section in the ad pie as well as the businesses will require it too because it means more customers for the children. Facebook is finished $500 billion, if the platform existed and got even 10% of those users it will skyrocket not merely FaceCoin but additionally Ethereum as well as the fuel of tomorrow.
A very important factor is for sure, if you get in early, you could be sitting pretty a few years down the road.
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