[ANN] FACTOM - Introducing Honesty to Record-Keeping - page 102.

willowfoot

sr. member

Activity: 332

Merit: 252

Quote from: Less338 on January 05, 2017, 11:57:33 AM

Quote from: belowizard on January 05, 2017, 11:43:50 AM

a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink

thanks

73k coins will be created each month.

You can view total coins here:
https://factoid.live/

73k coins will be created after M3 is launched.

But also remember coins will be burned as entry credits are used.

Less338

newbie

Activity: 24

Merit: 0

Quote from: belowizard on January 05, 2017, 11:43:50 AM

a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink

thanks

73k coins will be created each month.

belowizard

member

Activity: 104

Merit: 10

a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink

thanks

lolikop

hero member

Activity: 644

Merit: 500

ok im ready space suit on lets go to a new ath mcp and usd

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Somehow I think we ll see more goodies from Factom as soon as M2 implementation gets done.

Capoboss

sr. member

Activity: 301

Merit: 250

Quote from: crazyivan on January 04, 2017, 10:07:38 AM

Just spoke to Daniel from Exodus. Their wallet including Factom confirmed February. They want to rigorously test M2 before they launch.

Yeah February must do it.
As soon as M2 got rolled out then they will start implementing it.
It will take at least a few weeks before all is done.

tempus

legendary

Activity: 1960

Merit: 1128

For those who haven't seen it yet:

https://docs.factom.com

I like their sense of humor!

crazyivan

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DMD Diamond Making Money 4+ years! Join us!

Just spoke to Daniel from Exodus. Their wallet including Factom confirmed February. They want to rigorously test M2 before they launch.

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

Quote from: lolikop on January 04, 2017, 10:01:12 AM

Still way undervalued guess it can blow up anytime now

I agree and I'm still holding most of them

lolikop

hero member

Activity: 644

Merit: 500

Quote from: MirkoIta on January 04, 2017, 05:04:41 AM

Quote from: willowfoot on January 04, 2017, 12:54:57 AM

Factom nearing ATH marketcap

It's great to see FACTOM rising together with BTC, I'm so happy I bought some at 250K

Still way undervalued guess it can blow up anytime now

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

Quote from: willowfoot on January 04, 2017, 12:54:57 AM

Factom nearing ATH marketcap

It's great to see FACTOM rising together with BTC, I'm so happy I bought some at 250K

willowfoot

sr. member

Activity: 332

Merit: 252

Factom nearing ATH marketcap

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: willowfoot on January 03, 2017, 04:35:29 PM

Quote from: AlanX on January 03, 2017, 04:24:18 PM

We are taking down the Factom Network to deploy Factom Federation (M2). Factom transactions will not be processed for upto 24 hours.

Just thought you all would like to know!

Paul

good news!

Will the Foundation Lightwallet be available shortly thereafter?

I think we ll see both, Foundation light and Exodus wallet, before the end of this month.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Quote from: tempus on January 03, 2017, 05:05:02 AM

Folks, vote for Factom:

What digital currency would you like to see added to Coinbase next?
https://docs.google.com/forms/d/e/1FAIpQLSc2fiKVGs8bBWSzUols16GjetJ0aWx4N1J10SP0NwhG6rdtfg/viewform

I voted for Monero and Factom.
Two projects that I think will go up in value as they are exposed to more users.
2017 could be a very good year for FCT if the new network improves performance and we are able to get the coin listed on more wallets/ exchanges.

willowfoot

sr. member

Activity: 332

Merit: 252

Quote from: AlanX on January 03, 2017, 04:24:18 PM

We are taking down the Factom Network to deploy Factom Federation (M2). Factom transactions will not be processed for upto 24 hours.

Just thought you all would like to know!

Paul

good news!

Will the Foundation Lightwallet be available shortly thereafter?

AlanX

full member

Activity: 183

Merit: 100

We are taking down the Factom Network to deploy Factom Federation (M2). Factom transactions will not be processed for upto 24 hours.

Just thought you all would like to know!

Paul

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

Quote from: jay8291 on January 03, 2017, 05:45:45 AM

Retweet - https://twitter.com/jay8291/status/816180949905874944

I retweeted and liked it, it'd be great to trade FACTOM for EUR on Kraken

anonbit992

sr. member

Activity: 378

Merit: 251

A Trader & An Investor

Quote from: Mrfrismint on November 18, 2016, 03:24:45 AM

Quote from: crazyivan on November 18, 2016, 01:18:27 AM

Isn't everything in crypto based on hype? Actually Factom might be the first project in crypto which actually DOES something.

All other do nothing, it s pure speculation. Besides BTC, which is definitely store of value and a medium of exchange, performing some functions of money.

I think Blockchain technology is is a serious technology, but crypto isn't. Yes, you can make money with the right amount of luck and some knowledge. But as long as the most important crypto exchange in the world has a trollbox with weirdo's floating around all day, nobody is going to take it very serious. The fact that crypto is a small market makes it possible for some to make money. For the rest it's just one big playground imho. By the way, this is not a judgement about Factom's business, but about the world of crypto in general.

Yes, there are a lot of hype when it comes to blockchain technology and we will have to wait and see how things will shape in future. I think if blockchain technology is properly implemented, it can drastically change our way of life.
We got project such as Ethereum which can revolutionize the world with smart contracts, off course, there is a lot of work to do fix it.

Embat

hero member

Activity: 1204

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Radix-The Decentralized Finance Protocol

Let's factomize Coinbase. Factom ro
le is much more important in years to come. Guys I need a little directions about FF Wallet - where to download binaries with Enterprise Wallet included

jay8291

sr. member

Activity: 812

Merit: 251

I-CHAIN - The Revolution of Digital Advertising

Retweet - https://twitter.com/jay8291/status/816180949905874944

Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 102. (Read 2115898 times)