A few days ago I guess all of you are aware of the server problem of Facebook and all the platforms of Facebook including Instagram, Whatsapp and Facebook was down for more than24 hours. All of the worlds was wondering what happened but the issue behind that was simple. These centralized projects have a single server and if there is any problem with that, or need the development or upgrade on that server the whole server has to be down or if there is an exploit or your data is compromised then there is no way for you to recover that.
From this, you are having an idea that how much is necessary there is of social media that is built on the decentralized chain or Blockchain. Yes, in hive also there are platforms already built-in like eccency but here I will not talk about that shit. I am talking about the real Facebook, similar facebook built upon the HIVE Blockchain with its few advantages and challenges that may arise in the journey and afterward.
THERE IS ALREADY A FACEBOOK, WHY DO WE NEED TO NEED ONE MORE?
Just like I previously mentioned there is a need for decentralized social media on the Internet. I don't want Mark Zuckerberg to be able to read the messages and photos that I send to my girlfriend. I don't want the platform to be down for several days without the notice to the users what is going on and being left on believing the rumors only from some cheap news site who write about the DDOS attack million times for sake of the money.
THE SOLUTION FOR ALL OF THIS A FACEBOOK BUILT UPON THE HIVE BLOCKCHAIN?
Don't worry I will explain how is this possible. So, currently, the server of Facebook is centralized and the only node that Facebook is running is in the silicon valleys or the main data center. Yes, Facebook has built the data centers in different countries but all of them finally relays in the main server which is in California. This is possible if the whole data is transferred into the Blockchain but for that, there is a need for huge space as you can imagine there are more than Billions of users in Facebook.
So, Instead of storing all the data, Facebook should give their user a way to manage the data and transfer their data to the Blockchain node near to them so that the data processing would be faster and eventually all will be implemented in the Blockchain. Also, users should be able to run their own nodes like in the HIVE.
WHY DID I CHOOSE HIVE?
Transactions fee, yes the main reason for choosing HIVE is transactions fee. Every other Blockchain losses the hive in terms of the transactions fee. WHY? Because there are no transactions fees on hive blockchain. There is something called resources and those who post rarely the resources will be more than enough for them to post onto the Blockchain and for most of the folks, it will be free. You just need to HODL a few HP to get started. Talking about the last post that I made on Facebook was a year ago so you know what I mean.
ADVANTAGES:
There will be no fear of data leakage and privacy as everything will be posted in the Blockchain and those who are using the platforms can send the picture they wanted to their girlfriends.
The cost for Facebook will be lower, yes they don't need to run their main server which makes Facebook run even if they have stopped adding the servers.
Facebook won't be down. Yes, Facebook will never be down as for that every node needs to be shut down which is almost impossible in the Blockchain network UNTIL you are using SOLANA shit.
FACEBOOK REVENUE?
I am sure all of you are thinking about what happens with the Facebook ads as they use the data for the ads. This can still be run into the Facebook that will be run in the HIVE Blockchain because I guess you know about the BraveBrowser. Yes, they show the ads and they are not based on your personal data. Everything will be encrypted because of which privacy is also conserved and the ad result will also be really nice.
WHAT WILL BE THE CHALLENGES:
The main challenges will be:
In these initial days, users may face really big issues and discomfort while accessing Facebook as they aren't used to this new type of Facebook.
Data Transfer Issue: For migrating data from a centralized server to a decentralized server it will be a huge challenge but Facebook has top-notch data scientists and I believe in their capacity.
For normal consumers, it will be difficult to manage the private keys and public keys, and information or a small tutorial will be needed before users use that.
It will be a challenge for Facebook.
Facebook migratory mayn't believe in the new ads strategy.
No, matter what the idea seems resolutory and I am ok with that if Facebook ever thought to go decentralized or try to go at least. What do you think about this? Do you really like the centralized facebook or want the same Facebook on a decentralized platform?