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FaceCoin takes on Facebook with decentralized social networking

If Facebook really wants to stay relevant they need to adopt Ethereum or Bitcoin blockchain. dApps pose a significant threat on their business. Coming onto people’s radars is FaceCoin which plans to do just that.


Before facebook turn into a subject put to rest, something similar to a swarm is required. FaceCoin addresses this issue and allows users to operate nodes and create a sharded offchain swarm. Decentralized indexing using map reduce tech could solve a real scaling issue.

Many of the biggest names from the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have stepped into the sector using intention to utilize blockchain technology of Ethereum. Thus far, no social media has been created for this network, though many have anticipated the appearance of things like FaceCoin. People who find themselves invested see this being a long-term play.

For approximately several years theres been arguement that we require a decentralized, encrypted, peer-to-peer method of 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, then there is a marketplace for facebook in the future in and distrupt the space.

Newsfeeds can be envisioned on the per-user basis if said user runs dedicated software which sorts and is definitely the data to other users through their visitor. For this idea to actually be executed, there is a large gap to fill which FaceCoin is determined to solve. Tooling, convenience, and clarity are common apsects that matter.

FaceCoin developers feel that the prosperity of the web page depends upon the volume of people that own and then use it. Development is definitely an ongoing effort as well as the private beta has been full swing for a while now. Why has Wall Street ever allowed a real threat to exist? If a person really uses Facebook they are fully aware the amount of bull crap of which acting as big brother and taking your wallet cash is.

This is the game changer as its potential is really big, a lot of people will want it. They desire an area with the ad pie as well as the businesses will want it also since it means more customers on their behalf. Facebook is finished $500 billion, if the platform existed and got even 10% of the users it is going to skyrocket not merely FaceCoin but also Ethereum as well as the fuel of tomorrow.

One thing is certain, if you achieve in early, you will be sitting pretty a few years in the future.
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