FaceCoin is taking on Facebook with decentralized social networking

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


Before facebook and twitter be a thing of the past, something like a swarm is required. FaceCoin addresses this matter and allows users to run nodes and make up a sharded offchain swarm. Decentralized indexing using map reduce tech could solve a real scaling issue.

Many of the biggest names within the sector of finance and software, including Intel, Microsoft, and J.P. Morgan, have entered the sector making use of their intention to utilize blockchain technology of Ethereum. Currently, no social network has been made for this network, though many have anticipated the arrival of specific things like FaceCoin. Those people who are invested see this like a long term play.

Approximately ten years theres been arguement that people require a decentralized, encrypted, peer-to-peer way 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, and there’s an open marketplace for facecoin ahead in and distrupt the area.

Newsfeeds could be envisioned on the per-user basis if said user runs dedicated software which sorts and is the data with other users through their web browser. Just for this idea to be executed, there is a large gap to fill which FaceCoin is set to unravel. Tooling, convenience, and clarity are common apsects that matter.

FaceCoin developers believe the success of the site is determined by the number of people that own and use it. Development is an ongoing effort as well as the private beta has been in full swing for a long time now. Why has Wall Street ever allowed a real threat to exist? If a person really uses Facebook they understand how much of bull crap of which becoming larger and taking your wallet money is.

This is the game changer since it’s potential is indeed big, lots of people will want it. They really want a bit from the ad pie as well as the businesses will want it too because it means more customers for the kids. Facebook is over $500 billion, if this type of platform existed but got even 10% of these users it will skyrocket not only FaceCoin but in addition Ethereum as well as the fuel of tomorrow.

Another thing is for sure, if you achieve at the begining of, you’re likely to be sitting pretty a few years down the road.
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