"WeChat" towards the era of blockchain

in webcat •  4 years ago 

"WeChat" moving towards the blockchain era?

Blue Fox Notes 2018-01-15 12:10:22 120 Collection
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(Still life, Van Gogh)

In the development of blockchain, the social field has always been attached great importance. Among the blockchain crowdfunding projects in 2017, one of the most watched projects is Status, which is a project whose main appeal is communication and social interaction. Later, the concept of secure payment and decentralized application market was added. At the time of writing, Status currently has a market value of 1.4 billion U.S. dollars, ranking 33rd in the market value of blockchain projects, which is also a relatively high position.

Regarding the question of whether social networks have opportunities in the blockchain era, there have been discussions in the Blue Fox community. The core of the blockchain is to achieve decentralization and distribution, so that individuals can control privacy and achieve security. Regarding whether social networks and communications have opportunities in the blockchain era, ultimately, it still depends on the needs of users themselves. Especially the social network is the crown of the entire application field, the field with the largest number of people and the largest viscosity.

So far, none of the blockchain applications has truly reached the mainstream. In the future, if there is a blockchain application that really goes to the mainstream, it should happen in the fields of games, finance and social networking.

Although the current decentralized blockchain social network has no obvious advantages, especially due to performance and transaction costs, the blockchain-based social network does not seem to have any chance of winning. At the beginning, Blue Fox also thought so, but as the blockchain deepened and advanced throughout the world, it gradually discovered possible opportunities for blockchain social networks. The biggest feature of blockchain social networks is personal privacy and information security, which are not controlled by central services. Now most people are paying attention to user experience and how to use it more convenient, but when these become common things for people to use instant messaging and social networks, with the in-depth development of blockchain in other fields, it is very likely that people’s Significant changes will take place in the ranking of needs. In addition to user experience, people will gradually pay attention to personal privacy and information security. With the same experience of traditional instant messaging and social networks, ultimately, blockchain-based instant messaging and Social networks have a chance to win.

Of course, Rome was not built in a day. In the current state, the infrastructure of the blockchain is still very immature. An encrypted cat game can congest the Ethereum with a market value of more than 130 billion US dollars, not to mention the instant messaging and social networks that large-scale mainstream people have entered. .

So, what kind of path is more appropriate? Recently, a blockchain project called Yee has attracted the attention of Blue Fox. The Yee project has accumulated YeeCall before. YeeCall is a global strategic partner of Facebook and Google. There are more than 10 partners with more than 100 million users worldwide. At the same time, it has established a communication network covering more than 1,000 operators in 277 countries around the world. There are 5 data centers, more than 400 relay nodes, and 70% of the traffic is transmitted through the P2P mode. For future expansion, its network has begun to move towards IoT compatible networks.

In addition, YeeCall has more than 30 million registered users and is a social network of acquaintances, with users mainly in Southeast Asia, Europe, America, India and the Middle East.

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