Zuckerberg points out that the power of the centralized system is given to the public through encryption technology.

Mark Zuckerberg believes that the biggest challenge facing technology companies, and perhaps the most important challenge, is “centralization vs decentralization”. He posted a post on Facebook before 8:00 am on January 4, 2018 Pacific Time, saying that "every year I will have a personal challenge and learn something new." In the article he reviewed the obstacles facing his company.

He said that the personal challenge was started in 2009, when the economy was sluggish and Facebook had not yet begun to make a profit. He said that year was very crucial.

Zuckerberg founded Facebook in Harvard's dorm room as early as 2004. This site is extremely popular and has grown rapidly, with millions of users in the second year. As of the last quarter of 2017, Facebook has more than 2 billion registered users. Whether in the US or globally, the site has become the third largest website after Google and YouTube.

He wrote:

“The world is filled with an atmosphere of anxiety and division. There are many things that Facebook has to do.” Zuckerberg acknowledges that his company has limitations. “At the moment, we have committed to enforce our own policies and prevent our tools from being abused. A lot of mistakes."

He said in the article:

"One of the most interesting questions about technology today is centralization VS decentralization. Many of us have entered the technology field because we think it is a decentralized force that enables people to have more power. (Facebook's first The mission is always to 'deliver power to the people')."

Every day there are reports that Facebook and other technology companies may be working with the authorities to help them collect a large amount of personal information, which makes ordinary people lose confidence in such websites.

Zuckerberg sighed:

“Many people have lost confidence in our commitment. With the rise of a small number of large technology companies and the use of technology to monitor the public, many people now believe that technology will only centralize power rather than decentralize.”

At the end of the article, he seems to answer the question of centralization, pointing out that encryption technology and cryptocurrencies can regain power from the centralized system and return it to the public. He is also interested in further researching the positive and negative aspects of these technologies and exploring how to best use them in services.

Although it is not clear what his remarks mean, if a platform like Facebook wants to embrace cryptocurrencies or issue its own currency, it will become a new member of the market. Zuckerberg has rarely mentioned cryptocurrency. Although there have been rumors that he will participate in this or that token project for several years, it has not been confirmed.

This article only represents the author's personal opinion, does not represent the position of the blockchain pencil, does not constitute investment advice, the content is for reference only.

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