Hey Factom,
I have some questions about Fct that i cant easly find a answer on.
-Fct had a coin amount of 8.759 mil coins when started Sep 2015, what will the inflation be on the Eth coin i heared 10% yearly
that would be 73k a month ? is this correct ? (ofc starting from milestone3)
wouldnt that mean the value of factoid will eventually be the same as the amount of Data total cost / 73000 (the inflation) cause the
coin cap will be the same and will slowly but eventually be the same as the price of the data send on the 73000 coins.
Ofcourse people would be able to dump coins but eventually always will go back to the usage.
Second one
Will the 73000 factoids monthly be for the factom company ?
Another question Is factom planning to use more blockchains like ethereum blockchain ? cause i see a bright future for Eth and have
some doubts about btc position after like 10 years.
Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 386. (Read 2115876 times)
China woke up today, after the celebration of Eastern New Year, and again took the leading position of trade FCT coins.
Trading volume today (24 hours):
1. Yuanbaohui FCT/CNY $ 386,724 / 54.00 %
2. Poloniex FCT/BTC $ 322,932 / 45.10 %
3. Bittrex FCT/BTC $ 6,454 / 0.90 %
As we see every day FCT coins less and less:
Total Factoids: 8753707 (today)
Trading volume today (24 hours):
1. Yuanbaohui FCT/CNY $ 386,724 / 54.00 %
2. Poloniex FCT/BTC $ 322,932 / 45.10 %
3. Bittrex FCT/BTC $ 6,454 / 0.90 %
As we see every day FCT coins less and less:
Total Factoids: 8753707 (today)
Good stuff, it seems we re getting back into the game. I repeat my question from a few posts back, what the average number of factoids being destroyed each day?
No average, factoids destroyed uneven, as they are used, but it can be said that with each passing day the amount of factoids that destroyed grows.
China woke up today, after the celebration of Eastern New Year, and again took the leading position of trade FCT coins.
Trading volume today (24 hours):
1. Yuanbaohui FCT/CNY $ 386,724 / 54.00 %
2. Poloniex FCT/BTC $ 322,932 / 45.10 %
3. Bittrex FCT/BTC $ 6,454 / 0.90 %
As we see every day FCT coins less and less:
Total Factoids: 8753707 (today)
Trading volume today (24 hours):
1. Yuanbaohui FCT/CNY $ 386,724 / 54.00 %
2. Poloniex FCT/BTC $ 322,932 / 45.10 %
3. Bittrex FCT/BTC $ 6,454 / 0.90 %
As we see every day FCT coins less and less:
Total Factoids: 8753707 (today)
Good stuff, it seems we re getting back into the game. I repeat my question from a few posts back, what the average number of factoids being destroyed each day?
Our Dev Team has released Factom v0.3.5 with updates to the API, bug fixes, and new binaries installers for Mac, Windows and Linux.
It is recommended to upgrade to the new version, find out more on our blog:
http://blog.factom.org/post/139099221714/technical-update-factom-v035
China woke up today, after the celebration of Eastern New Year, and again took the leading position of trade FCT coins.
Trading volume today (24 hours):
1. Yuanbaohui FCT/CNY $ 386,724 / 54.00 %
2. Poloniex FCT/BTC $ 322,932 / 45.10 %
3. Bittrex FCT/BTC $ 6,454 / 0.90 %
As we see every day FCT coins less and less:
Total Factoids: 8753707 (today)
Trading volume today (24 hours):
1. Yuanbaohui FCT/CNY $ 386,724 / 54.00 %
2. Poloniex FCT/BTC $ 322,932 / 45.10 %
3. Bittrex FCT/BTC $ 6,454 / 0.90 %
As we see every day FCT coins less and less:
Total Factoids: 8753707 (today)
Laurence Tiana from Factomproject: track mortgages, scalability & leverage on TBCCSF (February 10th, 2016 San Francisco)
"4.45pm - Presentation: Honesty is Subversive - How to Build Transparent and Accountable Business Systems with Block Chain Technology
Factom has been busy developing new tools to leverage the security of the block chain, without the scalability limitations of bitcoin. See the three latest tools that could change data as we know it. Take away knowledge to influence your industry and learn what is in store for block chain in 2016.
Presented by Tiana Laurence, CMO, Factom."
http://www.theblockchainconference.com/
https://twitter.com/hashtag/TBCCSF?src=hash
https://twitter.com/factomproject
"4.45pm - Presentation: Honesty is Subversive - How to Build Transparent and Accountable Business Systems with Block Chain Technology
Factom has been busy developing new tools to leverage the security of the block chain, without the scalability limitations of bitcoin. See the three latest tools that could change data as we know it. Take away knowledge to influence your industry and learn what is in store for block chain in 2016.
Presented by Tiana Laurence, CMO, Factom."
http://www.theblockchainconference.com/
https://twitter.com/hashtag/TBCCSF?src=hash
https://twitter.com/factomproject
l have tried 12 words on keymaker.exe to get factoid address to check my balance when l hit enter the app just disepears,l must doing wrong,can anybody help please?
Thanks
Thanks
Wait for a while it is possible to temporarily due to the Factom Explorer failure, you can also refer here directly (send PM) to BrianDeery it from the Factom team.
BrianDeery - https://bitcointalksearch.org/user/briandeery-134381
"Factom is down for maintenance right now. It will be back up shortly."
http://factomstatus.com/
Anyone else having issues transferring FCT from exchange to exchange? Showed up as confirmed but nothing to see in the explorer on that address.
"Factom Explorer is down for maintenance right now. It will be back up shortly."
http://factomstatus.com/
While under reconstruction, you will not see anything. Just wait until everything is established.
Ah ok, thanks!
p.s. www.factom.com - Interestingly, this additional Factom site create specially for the promotion? Strange, but I had not seen this site before.
The site is not new but they've changed it. Now they show Factom-software/solutions. Nice!
l have tried 12 words on keymaker.exe to get factoid address to check my balance when l hit enter the app just disepears,l must doing wrong,can anybody help please?
Thanks
Thanks
Good news.. Keep it hot the nice work! 
iSoftStone and Factom Announce a Partnership to Integrate Blockchain Technology and Smart City Solutions.
"Austin, TX (Feb 8, 2016) – Today, iSoftStone and Factom Inc. announced a Memorandum Of Understanding for the integration of iSoftStone’s smart city solution and Factom’s blockchain-as-a-service technology. Factom will offer business advice and technical knowledge as iSoftStone, a technology consulting firm, shapes its blockchain strategy for its smart city solution. As part of this solution, Factom’s Apollo Product will offer a data storage, auditing, and verification layer for several regions in China..."
http://www.factom.com/isoftstone-and-factom-announce-a-partnership-to-integrate-blockchain-technology-and-smart-city-solutions/
https://twitter.com/factomproject
p.s. www.factom.com - Interestingly, this additional Factom site create specially for the promotion? Strange, but I had not seen this site before.
"Austin, TX (Feb 8, 2016) – Today, iSoftStone and Factom Inc. announced a Memorandum Of Understanding for the integration of iSoftStone’s smart city solution and Factom’s blockchain-as-a-service technology. Factom will offer business advice and technical knowledge as iSoftStone, a technology consulting firm, shapes its blockchain strategy for its smart city solution. As part of this solution, Factom’s Apollo Product will offer a data storage, auditing, and verification layer for several regions in China..."
http://www.factom.com/isoftstone-and-factom-announce-a-partnership-to-integrate-blockchain-technology-and-smart-city-solutions/
https://twitter.com/factomproject
p.s. www.factom.com - Interestingly, this additional Factom site create specially for the promotion? Strange, but I had not seen this site before.
Factom looks pretty strong today, we even might see a continu rise to 0.01 If people dont start dumping like crazy,
Only 8 mil coins around and sell on poloniex are like 110k coins
Only 8 mil coins around and sell on poloniex are like 110k coins
Anyone else having issues transferring FCT from exchange to exchange? Showed up as confirmed but nothing to see in the explorer on that address.
"Factom Explorer is down for maintenance right now. It will be back up shortly."
http://factomstatus.com/
While under reconstruction, you will not see anything. Just wait until everything is established.
Anyone else having issues transferring FCT from exchange to exchange? Showed up as confirmed but nothing to see in the explorer on that address.
Calm down people. This kind of argumentation is not going to increase the price. However, I do agree more transparency from the team would be nice.
What s the problem in posting once a week about what s going on, here or blog.
What s the problem in posting once a week about what s going on, here or blog.
Factom: China Embraces Blockchain Verification
"Factom has announced a deal with iSoftStone to begin researching and implementing Blockchain solutions in 80 urban areas across China. The move comes as China looks for cost-effective and reliable methods to realize its “smart-city” concept - Factom was an excellent choice as it has been successfully experimenting with optimizing land registries using the Blockchain technology..."
http://cointelegraph.com/news/factom-china-embraces-blockchain-verification
"Factom has announced a deal with iSoftStone to begin researching and implementing Blockchain solutions in 80 urban areas across China. The move comes as China looks for cost-effective and reliable methods to realize its “smart-city” concept - Factom was an excellent choice as it has been successfully experimenting with optimizing land registries using the Blockchain technology..."
http://cointelegraph.com/news/factom-china-embraces-blockchain-verification
I now think that many people are now out of Bitcoin will pour their money into Ethereum
Perhaps Ethereum overtake Bitcoin capitalization and takes first place in the course of the year.
And we will see a price $75 per Ethereum coin.
Perhaps Ethereum overtake Bitcoin capitalization and takes first place in the course of the year.
And we will see a price $75 per Ethereum coin.
It wouldn't surprise me.
And Factom is doing well too.
I now think that many people are now out of Bitcoin will pour their money into Ethereum
Perhaps Ethereum overtake Bitcoin capitalization and takes first place in the course of the year.
And we will see a price $75 per Ethereum coin.
Perhaps Ethereum overtake Bitcoin capitalization and takes first place in the course of the year.
And we will see a price $75 per Ethereum coin.
When it is completed Milestone2? How much can you have to wait? I think that this year we will not see a working version Milestone2.
Project Ethereum and Factom were launched almost at the same time and look at how much better now looks like Ethereum, and developers The Factom alone make that correct their mistakes and do not see any finishing work on Milestone2. I stayed only a month before the end of the first quarter of 2016, when the developers Factom have promised to complete Milestone2 and I believe that they will not have time to finish it on time. Therefore, we do not see new information. Let the Factom developers may learn Ethereum developers how to work and to promote his project. Simply if we compare these two projects is how profesiionaly Ethereum and students Factom. Factom developers while only disappoint.
Project Ethereum and Factom were launched almost at the same time and look at how much better now looks like Ethereum, and developers The Factom alone make that correct their mistakes and do not see any finishing work on Milestone2. I stayed only a month before the end of the first quarter of 2016, when the developers Factom have promised to complete Milestone2 and I believe that they will not have time to finish it on time. Therefore, we do not see new information. Let the Factom developers may learn Ethereum developers how to work and to promote his project. Simply if we compare these two projects is how profesiionaly Ethereum and students Factom. Factom developers while only disappoint.
The first quarter of 2016 ends on March 29. We have February 10. ;-)
Too soon to make bets if there will be a delay. And even if there should be a delay, Factom-Investors have not that much reason to complain. In just 2 months:
1. Azure
2. yuanbaohui
3. Chinese Hackathon third place to a Factom-idea (medical records) and the first place wants to use Factom (CargoChain).
4. iSoftStone
And most important: Every(!)day(!) updates in the github.
And just by the way: I don't see that big reason in Ethereum for the price-rise. My opinion is that it's mainly the Bitcoin-Blocksize-Debate that brings uncertainty in Bitcoin and motivates ppl to buy one of the most promising other projects. And Ethereum could be that but it's too soon to be sure about it. They will have to switch to their PoS-System and if you read this: http://bytemaster.github.io/2015/08/08/Review-of-Casper-Ethereums-proposed-Proof-of-Stake-Algorithm/ .....if that analysis should be correct, it could end bad. But either way: Ethereum is two years old. It's not about the time when it hit the exchanges.
I don't see much reason not to be excited about the progress or even to be uncertain. If we compare Factom and Ethereum we see to great and very ambitious projects, but Ethereum seems to me more like a bet and Factom more solid. And: Bitcoin won't stay where it is and when it rises, Ethereum will most likely drop in price. Factom will benefit of Bitcoin and could even benefit of the blocksize problems.
Everytime man! If this is true:
"I now have more 4% of all FCT coins."
...it would be a risk for the price not to calm you down
Yes, it's true, I have now 392k FCT (4,47%) and of course I want to price the FCT grew that will provide me a good life in the future
I wish you all the best with that! But please be carefully and if not, pm me first.
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