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Topic: What will happen when facebook gets replaced by blockchain?? (Read 351 times)

full member
Activity: 966
Merit: 153
 
This is serious one, facebooks will surely run down because its really going affect them.
This question have been asked so many times here and same reply is what will be received; Blockchain is a new technology, if Facebook ever tried to adapt it, I believe it will be a better platform. Though, recently, this news have been an ongoing one and on once can testify if it will happen or not. And I don't think Facebook or Mark hve made such announcement about it but if they do, it will surely be a great decision. A lot of companies should embrace the blockchain technology.
member
Activity: 191
Merit: 12
This is serious one, facebooks will surely run down because its really going affect them.

Agreed. I can see Algebraix taking a good position in the ad market IMO
newbie
Activity: 140
Merit: 0
This is serious one, facebooks will surely run down because its really going affect them.
member
Activity: 268
Merit: 10
I think algebraix will definitely challenge facebook's advertising model. This is a project to be watching. https://algebraix.io/
full member
Activity: 434
Merit: 100
I'm really curious to see how facebook is going to spin their recent scandal. There have been some really good projects popping up that emphasize data sovereignty of personal data.

My recent favorite is Algebraix. Permission-based advertising platform where you get paid to watch ads and disclose info relevant to advertisers, all the while keeping your personal data private. https://algebraix.io/

I really think it's time we end data exploitation. I'm very excited for projects like algebraix and the implications they have for privacy/micro-rewards for the future. Thoughts?
Facebook is probably not going to be replaced anytime soon, people have gotten very used to share all their information online without even thinking about it, unless something really big happens most people are never going to care again about sending private information online, but I hope you're right and this changes in the near future.
full member
Activity: 854
Merit: 101
For all the wall that facebook putting against cryptocurrency soon there will be something new.
Yes facebook can do their own crypto.
but if you will search there is ALL.ME !
FB + twitter + trading + wallet = ALL.ME
soon we will have a new platform.
full member
Activity: 203
Merit: 101
i see lots of potential in algebraix and how they're revolutionizing the advertising space. has anyone looked into them??

https://algebraix.io/
newbie
Activity: 9
Merit: 0
From what I heard, younger generations are not using Facebook as much. I'm guessing that Facebook won't be around much longer as social media. I could be totally wrong. They just introduced Facebook dating, which makes me think that they're grasping for users.
newbie
Activity: 140
Merit: 0
I don't understand can like that, but I think maybe origin in all countries receive it, and may be more fraud when Facebook replaced by blockchain
hero member
Activity: 896
Merit: 520
In my opinion, it is not the same thing between Facebook and Blockchain, and I do not  think that in this era, there is a  technology which is better and can replace Facebook because it is one of the best organizations,  despite the multiplicity of technologies in the whole internet and in the field of social media but  thet cannot be better than Facebook.
On the other hand, the blockchain technology changed all financial transactions in a postive way and  it has become of great importance in this era. In fact, most of capitalists have become dependent on this technology in their new projects ( ICO ...) .


We need to wait for some years we may find the facebook's private blockchain in market as well. Then we may find many organization being used this blockchain as well mate. This is how they have promote the react.js collaboration on their applications.

Whatever comes blockchain ledger will be operated for the decentralized cryptos in the market and other purposes mate.
full member
Activity: 868
Merit: 116
In my opinion, it is not the same thing between Facebook and Blockchain, and I do not  think that in this era, there is a  technology which is better and can replace Facebook because it is one of the best organizations,  despite the multiplicity of technologies in the whole internet and in the field of social media but  thet cannot be better than Facebook.
On the other hand, the blockchain technology changed all financial transactions in a postive way and  it has become of great importance in this era. In fact, most of capitalists have become dependent on this technology in their new projects ( ICO ...) .
newbie
Activity: 3
Merit: 0
I don't quite understand the title question. I assume the question is: "What will happen, if a crypto-based platform replaces facebook?" And my answer to that would be: "Just that." Facebook would not be the first community to die due to a more popular successor (e.g. Friendsters, MySpace). And business models like paying users in cryptos for their data at least look interesting to me at first glance.
jr. member
Activity: 137
Merit: 1
i took a look at algebraix and it looks like they will be integrating some form of social interaction on the app. I'm curious to see how that's going to look....i'm very interested int he idea itself of getting paid to watch ads
newbie
Activity: 182
Merit: 0
Yes it can be replaced but its going to be graduate process.
newbie
Activity: 50
Merit: 0
I can't see youtube being around much long either. The way they are screwing over their content creators mystifies me. You can only slap them across the face so many times before they go elsewhere. Im already seeing a small exodus to platforms like steem although I have to say I'm not the biggest fan but eventually something else will come around
newbie
Activity: 86
Merit: 0
it can be, but not soon
sr. member
Activity: 371
Merit: 250
That would be a great innovation if ever facebook changes to blockchain technology instead wasting our time and being exploited by it. In sharing, liking and uploading personal data. We can actually gain from it through a reward like in bitcoin mining where users receives reward from mining block, facebook can also do the same when users likes a photo or comments or share files he gets rewarded and earn something.
That will really be a very great news and a positive change, but i think that it is not going to happen so soon, it will take some more time when bitcoin will become more popular and some other countries will turn bitcoin as legal in their country, i think that  still most of the people are welling for that but still we have to wait for some more time and then we will even see some more good and big new about bitcoin.
full member
Activity: 364
Merit: 100
Algebraix is a good project but I think you meant for the advertising side of facebook, which is like 90% of it lol. If I'm not seeing stupid videos, I'm seeing an ad if not a video ad pushed by a company. I love that with their platform we get compensated for our attention and get ads that we're actually interested in. I see a lot of potential that they bring for the ad space tho
full member
Activity: 966
Merit: 153

I have read today stating Facebook gonna launch their new ICO and new coin in the market. I do not think they having blockchain left on the distributed open ledger.
If you use the private medium network means it will be able to transacting the cryptos with in that ledger itself.
Hope Facebook would not compete the blockchain at anytime.
Really?  Where exactly did you get the news from? Cause most people might be circulating news that ain't true especially now that Mark is trying to resolve issues regarding security with some the legislature. I don't think the legislature might like it, they might term another meaning to it. Well, if Facebook won't compete with blockchain, then it wouldn't be a problem and in as much as this is will be a good project.
newbie
Activity: 238
Merit: 0
Facebook is to big to die..

That's my opinion
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