If Facebook wants to stay relevant they have to adopt Ethereum or Bitcoin blockchain. dApps pose a major threat for their business. Coming onto people’s radars is FaceCoin which offers to do exactly that.
Before twitter turn into a thing of the past, something like a swarm should be used. FaceCoin addresses this problem and allows users to perform nodes and create a sharded offchain swarm. Decentralized indexing using map reduce tech could solve a real scaling issue.
A few of the biggest names inside the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have stepped into the arena making use of their intention to work with blockchain technology of Ethereum. Thus far, no social network has been produced for this network, though many have anticipated the arrival of things like FaceCoin. Those people who are invested see this being a lasting play.
For about 10 years theres been arguement that people require a decentralized, encrypted, peer-to-peer strategy for communication wherein each user physically and legally owns their data, and controls said rights on the public basis. No social solution satisfies these tenets yet, and there’s an open industry for cryptocoin into the future in and distrupt the room.
Newsfeeds may be envisioned on the per-user basis if said user runs dedicated software which sorts and is definitely the data with users through their visitor. With this idea to actually be executed, there is a large gap to fill which FaceCoin is set to solve. Tooling, simplicity of use, and clarity are apsects that matter.
FaceCoin developers think that the success of the website is determined by the amount of people who own and employ it. Development is an ongoing effort as well as the private beta has been full swing for some time now. Why has Wall Street ever allowed a real threat to exist? If anyone really uses Facebook they know the amount of a joke ones serving as big brother and taking your bank account funds are.
This is a game changer becasue it is potential is indeed big, many individuals will need it. They want a piece in the ad pie as well as the businesses will need it also as it means more customers for them. Facebook is over $500 billion, if the platform existed and got even 10% of people users it’s going to skyrocket not only FaceCoin but additionally Ethereum as well as the fuel of tomorrow.
Another thing is for sure, if you achieve in early, you may be sitting pretty many years down the road.
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