If Facebook really wants to stay relevant they need to adopt Ethereum or Bitcoin blockchain. dApps pose a significant threat with their business. Coming onto people’s radars is FaceCoin which offers to just do that.
Before twitter turned into a thing of the past, something such as a swarm should be used. FaceCoin addresses this issue and makes it easy for users to operate 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 within the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have stepped into the sector with their intention to utilize blockchain technology of Ethereum. Currently, no social networking has been given for this network, though many have anticipated the arrival of specific things like FaceCoin. Those who find themselves invested check out this like a long lasting play.
Approximately several years theres been arguement that individuals require 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’s an empty niche for ethereum in 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 along with other users through their browser. With this idea to actually be executed, there exists a large gap to fill which FaceCoin is decided to solve. Tooling, ease of use, and clarity are typical apsects that matter.
FaceCoin developers think that the prosperity of the site is dependent upon the number of those who own and employ it. Development is definitely an ongoing effort and the private beta has been around full swing for a while now. Why has Wall Street ever allowed this kind of threat to exist? If someone really uses Facebook they understand how much of a joke ones becoming your government and taking your bank account money is.
This is a game changer becasue it is potential is so big, a lot of people will want it. They need a piece from the ad pie and the businesses will want it too given it means more customers for them. Facebook is finished $500 billion, if this type of platform existed but happened to be even 10% of people users it will skyrocket not only FaceCoin and also Ethereum and the fuel of tomorrow.
Something is for sure, when you get noisy ., you may be sitting pretty quite a while down the road.
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