Facebook: Is Facecoin Prepared? Maybe but not soon

Apparently the biggest social network Facebook is thinking about launching its own crypto-currencies. THE according to reports, it is considering launching some cryptocurrency to facilitate payments. Information about Facecoin was published on by Cheddar

The publication says that efforts to create a digital currency will be led by David Marcus, who until recently was the head of Facebook .

Facebook

There is not much detail so far, but Cheddar says that it may take a few years to implement the project.

Blockchain technologies are still in their infancy, and we are unlikely to expect Facebook to rely on decentralized solutions until it can handle large volumes of transactions, an issue facing the entire blockchain industry.

Facebook CEO, , it had reports in the past that the company is open to experimenting with the blockchain.

Actually, from beginning of the week claim that Facebook has created a new research and development department specifically dedicated to investigating the implementation of blockchain integration solutions in of.

Creating a cryptocurrency is not a bad idea as it seems to be a win-win deal. Those interested will get one safer than Mt.Gox and Facebook will acquire Fr which needs to continue to operate "for free" or at least without charges.

Of course, in a parallel universe, we could hope to be more respectful of the members'

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Written by giorgos

George still wonders what he's doing here ...

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