If Facebook desires to stay relevant they should adopt Ethereum or Bitcoin blockchain. dApps pose a serious threat for their business. Coming onto people’s radars is FaceCoin which promises to do just that.
Before facebook turn into a subject put to rest, something like a swarm is required. FaceCoin addresses this challenge and makes it easy for users to run nodes and develop a sharded offchain swarm. Decentralized indexing using map reduce tech could solve a real scaling issue.
A number of the biggest names within 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. Thus far, no online community has been made about this network, though many have anticipated the arrival of things such as FaceCoin. Those people who are invested see this as being a long-term play.
For around ten years theres been arguement that we have to have a decentralized, encrypted, peer-to-peer way of communication wherein each user physically and legally owns their data, and controls said rights with a public basis. No social solution satisfies these tenets yet, as there are a wide open niche for ethereum in the future in and distrupt the space.
Newsfeeds can be envisioned with a per-user basis if said user runs dedicated software which sorts and is the data with users through their internet browser. Because of this idea to truly be executed, there exists a large gap to fill which FaceCoin is set to fix. Tooling, convenience, and clarity are apsects that matter.
FaceCoin developers believe that the achievements your website is dependent upon the number of those who own and use it. Development is surely an ongoing effort and the private beta has been in full swing for quite a while now. Why has Wall Street ever allowed a real threat to exist? If a person really uses Facebook they know how much of fiction ones in the role of big brother and taking your bank account cash is.
This is the game changer since it’s potential is indeed big, many individuals will require it. They want a piece in the ad pie and the businesses will require it too since it means more customers for the kids. Facebook is finished $500 billion, if it platform existed but got even 10% of these users it’ll skyrocket not only FaceCoin but also Ethereum and the fuel of tomorrow.
One thing is for sure, when you get during the early, you could be sitting pretty a few years down the road.
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