FaceCoin (FC)

FaceCoin (FC) widget

ICO date: 13.08.2017 - 13.09.2017
Industry: Social Media & Communication
Description:

FaceCoin is a new decentralized social network that allows users to earn tokens by servicing requests.Objects are stored in an encrypted shard database with user registration running on the Ethereum smart contract system and utilizing public key cryptography.

Features:

No central authority, a network of nodes with zero-knowledge keeps you safe from malicious activity and attempts at stealing your information. Make connections with friends and meet new people through social networking, powered by new breakthroughs in blockchain technology using distributed computing. The goal of FaceCoin is to allow users to communicate in a completely secure fashion thanks to strong cryptography, without giving up privacy to a central authority.

Technical details:

FaceCoin implements a peer to peer store/subscribe system called Photon. To operate Photon, FaceCoin extends Kademlia with several new message types. These help to facilitate the propagation of filters, with each node maintaining information about topics in which it subscribes. Nodes may respond to requests to update their filter lists and push changes to their nearest neighbors in the subscription chain.

Website: facecoin.tech
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Very Low 1.2 / 5.0
Risk score
High

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Post-ICO Rating


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See also