If Facebook really wants to stay relevant they must adopt Ethereum or Bitcoin blockchain. dApps pose an important threat for their business. Coming onto people’s radars is FaceCoin which promises to do just that.
Before facebook turned into a subject put to rest, something such as a swarm is necessary. FaceCoin addresses this challenge and allows users to perform nodes and make a sharded offchain swarm. Decentralized indexing using map reduce tech could solve this type of scaling issue.
Many of the biggest names from the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have entered the arena with their intention to use blockchain technology of Ethereum. Up to now, no social network has been given with this network, though many have anticipated the appearance of things such as FaceCoin. Those who find themselves invested see this being a long term play.
For about ten years theres been arguement that people need 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, and there’s a market for bitcoin to come in and distrupt the space.
Newsfeeds can be envisioned with a per-user basis if said user runs dedicated software which sorts and presents the data with other users through their browser. Because of this idea to be executed, there’s a large gap to fill which FaceCoin is established to fix. Tooling, ease of use, and clarity are common apsects that matter.
FaceCoin developers think that the success of your website is dependent upon the quantity of those who own and employ it. Development is surely an ongoing effort and the private beta has been around full swing for a long time now. Why has Wall Street ever allowed this type of threat to exist? If someone really uses Facebook they are fully aware the amount of a joke of them serving as big brother and taking your pocket cash is.
This is the game changer as its potential can be so big, many individuals will need it. They need a bit of the ad pie and the businesses will need it as well because it means more customers on their behalf. Facebook is finished $500 billion, if this platform existed and also got even 10% of the users it will skyrocket not only FaceCoin and also Ethereum and the fuel of tomorrow.
One thing is certain, if you achieve at the begining of, you could be sitting pretty quite a while down the road.
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