If Facebook really wants to stay relevant they need to adopt Ethereum or Bitcoin blockchain. dApps pose a serious threat for their business. Coming onto people’s radars is FaceCoin which offers to just do that.
Before twitter turned into a thing of the past, similar to 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 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 entered into the world using intention to use blockchain technology of Ethereum. Currently, no social media has been given on this network, though many have anticipated the appearance of things such as FaceCoin. Those who are invested understand this as a long term play.
For about a decade theres been arguement that people have to have a decentralized, encrypted, peer-to-peer strategy for 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, as there are a wide open niche for ico to come in and distrupt the room.
Newsfeeds can be envisioned on a per-user basis if said user runs dedicated software which sorts and is the data with other users through their browser. For this idea to truly be executed, there is a large gap to fill which FaceCoin is decided to resolve. Tooling, convenience, and clarity are all apsects that matter.
FaceCoin developers believe the achievements of the site depends upon the amount of people who own and utilize it. Development is definitely an ongoing effort as well as the private beta has been in full swing for quite a while now. Why has Wall Street ever allowed this kind of threat to exist? If anyone really uses Facebook they do know how much of fiction of them in the role of big brother and taking your wallet money is.
This is the game changer since its potential is so big, many individuals will need it. They need a bit of the ad pie as well as the businesses will need it as well given it means more customers for the kids. Facebook ends $500 billion, if this type of platform existed and got even 10% of the users it will skyrocket not only FaceCoin but in addition Ethereum as well as the fuel of tomorrow.
Another thing is certain, if you get during the early, you may be sitting pretty a couple of years down the road.
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