Facebook: Is Facecoin Prepared? Maybe but not soon

As it seems the biggest social Facebook is considering launching its own cryptocurrency. The company is reportedly considering launching a cryptocurrency to facilitate payments. Information about Facecoin was published on by Cheddar

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

Facebook

There aren't many details so far, but Cheddar reports that to implement the it may take a few years.

The blockchain is currently still in its infancy, and it is probably unlikely to expect Facebook to rely on decentralized solutions until it can handle large transaction volumes, an issue facing the entire blockchain industry.

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

Indeed, publications by 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 a service safer than Mt.Gox and Facebook will get the resources it needs to continue to operate "for free" or at least free of charge.

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

iGuRu.gr The Best Technology Site in Greecefgns

every publication, directly to your inbox

Join the 2.100 registrants.

Written by giorgos

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

Leave a reply

Your email address is not published. Required fields are mentioned with *

Your message will not be published if:
1. Contains insulting, defamatory, racist, offensive or inappropriate comments.
2. Causes harm to minors.
3. It interferes with the privacy and individual and social rights of other users.
4. Advertises products or services or websites.
5. Contains personal information (address, phone, etc.).