FaceCoin is taking on Facebook with decentralized online community
If Facebook wants to stay relevant they must adopt Ethereum or Bitcoin blockchain. dApps pose a significant threat with their business. Coming onto people’s radars is FaceCoin which plans to just do that.
Before facebook become a subject put to rest, similar to a swarm should be used. FaceCoin addresses this problem and makes it easy for users to own nodes and make a sharded offchain swarm. Decentralized indexing using map reduce tech could solve such a scaling issue.
A few of the biggest names within the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have entered into the world using their intention to work with blockchain technology of Ethereum. To date, no social media has been created with this network, though many have anticipated the arrival of things such as FaceCoin. Those people who are invested understand this as being a long term play.
For about ten years theres been arguement that individuals need a decentralized, encrypted, peer-to-peer way 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 is an open industry for facecoin in the future in and distrupt the area.
Newsfeeds could be envisioned on a per-user basis if said user runs dedicated software which sorts and is the data with other users through their internet browser. With this idea to be executed, you will find there’s large gap to fill which FaceCoin is decided to fix. Tooling, convenience, and clarity are typical apsects that matter.
FaceCoin developers think that the achievements of the web page is dependent upon the number of those who own and utilize it. Development is an ongoing effort and the private beta has been full swing for a while now. Why has Wall Street ever allowed such a threat to exist? If somebody really uses Facebook they are fully aware how much of a joke of these acting as your government and taking your bank account cash is.
It is a game changer since its potential is so big, many individuals will want it. They desire a piece of the ad pie and the businesses will want it also given it means more customers for the kids. Facebook is finished $500 billion, if this type of platform existed but happened to be even 10% of people users it will skyrocket not just FaceCoin but in addition Ethereum and the fuel of tomorrow.
Another thing is for sure, if you get at the begining of, you may be sitting pretty many years down the line.
More info about facecoin go to this popular web site: read here