[ANN] FACTOM - Introducing Honesty to Record-Keeping - page 392.

tempus

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Quote from: Gladimor on January 24, 2016, 11:52:50 PM

Quote from: tempus on January 24, 2016, 10:29:58 PM

Quote from: Emericana on January 24, 2016, 10:16:43 PM

"[...]not approved at least by Microsoft company, it is not necessary to say that this project is worth the attention". My god, my eyes are bleeding !! So microsoft azure is now the only way to tell if a project is nice or not ?? Ahaha

No, it's not. But at least it is one of many signs that Factom is on a really good way and taken seriously. Why? Because it's obvious that Factom is not just about future promises. The team delivers, is highly active and I never saw a project that is so thought-out in every aspect.

With that said: It's not possible to compare a PoS-Coin that started 2 weeks ago with some promises with Factom and to say that it would do more with less money and all the nice words. I don't say it's not with good intentions, but while it's easy to sing the correct words of "I want it all" it doesn't make anybody to Freddie Mercury. ;-)

Great song btw: https://www.youtube.com/watch?v=hFDcoX7s6rE

This "PoS-Coin" was actually launched 9 months ago on May 17, 2015; 7 months before FACTOM. Only 2 weeks the coin rebranded to a more professional image. Also, only 2 weeks ago the first SmartChain phase was released to the mainnet for public use. I think Phase 2 should be coming tomorrow or so. It took over 9 months to develop this ground breaking technology. The Radium development team delivers and is active. And already have delivered/are continuing to deliver on their promises.

I have nothing against that project and I wish you all the best with it. I just wouldn't compare it with Factom because there are reasons why Factom is where it is. And if you believe it's just about money: That Factom is well funded is also a result of work. They started over 12 months ago with it. You seem to believe Factom started when it hit Poloniex, but you just have to look when this thread started: November 07, 2014, 03:55:09 AM, and it needed also work before. It's about every step.

There may be similarities regarding the base-idea, but it's not just about that. It's about the whole concept and every detail and how it's done and sure, than it's also about money-backing. There are also reasons why Radiom is where it is. There must be reasons why it needed a re-launch or why it needed even a new Twitter account with actually 35 followers or why the coinmarketcap shows a chart since Jan 18 and so on. That are also the reasons why I believed it's a new project.

But again, I wish you all the best with it and maybe it will be a success and maybe it's helpful to get some attention for it in the Factom-thread. ;-)

Gladimor

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Quote from: tempus on January 24, 2016, 10:29:58 PM

Quote from: Emericana on January 24, 2016, 10:16:43 PM

"[...]not approved at least by Microsoft company, it is not necessary to say that this project is worth the attention". My god, my eyes are bleeding !! So microsoft azure is now the only way to tell if a project is nice or not ?? Ahaha

No, it's not. But at least it is one of many signs that Factom is on a really good way and taken seriously. Why? Because it's obvious that Factom is not just about future promises. The team delivers, is highly active and I never saw a project that is so thought-out in every aspect.

With that said: It's not possible to compare a PoS-Coin that started 2 weeks ago with some promises with Factom and to say that it would do more with less money and all the nice words. I don't say it's not with good intentions, but while it's easy to sing the correct words of "I want it all" it doesn't make anybody to Freddie Mercury. ;-)

Great song btw: https://www.youtube.com/watch?v=hFDcoX7s6rE

This "PoS-Coin" was actually launched 9 months ago on May 17, 2015; 7 months before FACTOM. Only 2 weeks the coin rebranded to a more professional image. Also, only 2 weeks ago the first SmartChain phase was released to the mainnet for public use. I think Phase 2 should be coming tomorrow or so. It took over 9 months to develop this ground breaking technology. The Radium development team delivers and is active. And already have delivered/are continuing to deliver on their promises.

tempus

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Quote from: Emericana on January 24, 2016, 10:16:43 PM

"[...]not approved at least by Microsoft company, it is not necessary to say that this project is worth the attention". My god, my eyes are bleeding !! So microsoft azure is now the only way to tell if a project is nice or not ?? Ahaha

No, it's not. But at least it is one of many signs that Factom is on a really good way and taken seriously. Why? Because it's obvious that Factom is not just about future promises. The team delivers, is highly active and I never saw a project that is so thought-out in every aspect.

With that said: It's not possible to compare a PoS-Coin that started 2 weeks ago with some promises with Factom and to say that it would do more with less money and all the nice words. I don't say it's not with good intentions, but while it's easy to sing the correct words of "I want it all" it doesn't make anybody to Freddie Mercury. ;-)

Great song btw: https://www.youtube.com/watch?v=hFDcoX7s6rE

tempus

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I'm waiting for FactomDark.

With the promise to record maybe-(not)existing-data and nobody will ever be able to find it anywhere, or to figure out if it really exists, and it anchors in DarkEther and some other shadydarkscams.

Maybe I'll do it myself, because if it's done right it won't even need code, just dark magic! Cheesy

Emericana

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"[...]not approved at least by Microsoft company, it is not necessary to say that this project is worth the attention". My god, my eyes are bleeding !! So microsoft azure is now the only way to tell if a project is nice or not ?? Ahaha

whiteorg72

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First, let Radium falls into Microsoft Azure, and then we can talk about this project is noteworthy.
While it is not approved at least by Microsoft company, it is not necessary to say that this project is worth the attention. Radium recognition by Microsoft means that the project is really essential to the success and available to with deal.

Emericana

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Radium devs arent anonymous lolll Please read before saying stupid stuff. I think factom is a great project amd RADS is also. Both of them should collaborate and try building the best things as possible. Paul Snow already know about it, he was on the thread couple weeks ago. AND, dont forget that RADS devs are building a huge project with absolutely nothing. They didnt get millions usd with a crowdfunding so they are making way more with a way less.

MaGNeT

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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Quote from: goblynn on January 24, 2016, 07:04:16 PM

Quote from: Nxtblg on January 24, 2016, 06:15:47 PM

Quote from: Gladimor on January 24, 2016, 04:53:58 PM

Quote from: wasref on January 23, 2016, 09:18:43 PM

wonder how market will react to when they find out factom competition radium coin

https://bitcointalksearch.org/topic/m.13654492

market cap 30,000 dollars yet

Radium is a very valid competition to other currencies that offer blockchain based services.

I don't understand why the marketcap is so low, probably because it's only listed on C-Cex so far. From reading the Radium SmartChain thread, their blockchain utility includes username-address linkage, id verification, asset transfer, text notes, file hashes, and file verification.

Factom has first-mover advantage, plus a lot of exposure in the media.

i feel like factom and the radium smartchain both have a place in the cryptoverse...they have two very different approaches of using the blockchain for different applications...and im excited to see both of them used and also see how they progress in the future

I do too, I think there's more than enough pie to share right now.

Innovations like Factom, Ethereum, Radion and other "Blockchain 2.0 technology" will be the big surprise of 2016.
Other altcoins are dropping because they have no added value over Bitcoin.

Though I invested some money in Factom and Ethereum, I'm even more interested in the changes they will bring to business and record-keeping.

goblynn

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Quote from: Nxtblg on January 24, 2016, 06:15:47 PM

Quote from: Gladimor on January 24, 2016, 04:53:58 PM

Quote from: wasref on January 23, 2016, 09:18:43 PM

wonder how market will react to when they find out factom competition radium coin

https://bitcointalksearch.org/topic/m.13654492

market cap 30,000 dollars yet

Radium is a very valid competition to other currencies that offer blockchain based services.

I don't understand why the marketcap is so low, probably because it's only listed on C-Cex so far. From reading the Radium SmartChain thread, their blockchain utility includes username-address linkage, id verification, asset transfer, text notes, file hashes, and file verification.

Factom has first-mover advantage, plus a lot of exposure in the media.

i feel like factom and the radium smartchain both have a place in the cryptoverse...they have two very different approaches of using the blockchain for different applications...and im excited to see both of them used and also see how they progress in the future

Nxtblg

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Quote from: Gladimor on January 24, 2016, 04:53:58 PM

Quote from: wasref on January 23, 2016, 09:18:43 PM

wonder how market will react to when they find out factom competition radium coin

https://bitcointalksearch.org/topic/m.13654492

market cap 30,000 dollars yet

Radium is a very valid competition to other currencies that offer blockchain based services.

I don't understand why the marketcap is so low, probably because it's only listed on C-Cex so far. From reading the Radium SmartChain thread, their blockchain utility includes username-address linkage, id verification, asset transfer, text notes, file hashes, and file verification.

Factom has first-mover advantage, plus a lot of exposure in the media.

Gladimor

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Quote from: mishax1 on January 24, 2016, 05:21:09 PM

Quote from: Gladimor on January 24, 2016, 04:53:58 PM

Quote from: wasref on January 23, 2016, 09:18:43 PM

wonder how market will react to when they find out factom competition radium coin

https://bitcointalksearch.org/topic/m.13654492

market cap 30,000 dollars yet

Radium is a very valid competition to other currencies that offer blockchain based services.

I don't understand why the marketcap is so low, probably because it's only listed on C-Cex so far. From reading the Radium SmartChain thread, their blockchain utility includes username-address linkage, id verification, asset transfer, text notes, file hashes, and file verification.

What did you expect when a project is being led by two anonymous devs?

The devs aren't anonymous. They have already submitted ID verification for Bittrex.

And also, the anonymity of a developer isn't a measure to gauge coding proficiency, dedication, and commitment to his or her project. You can have a developer with the highest PoD rating, but still be incapable of implementing the most basic of functions in a cryptocurrency. The bottom line is; don't evaluate a developer by who he is or how he looks like. Evaluate him by his technical abilities, degree of knowledge, proficiency, and timeliness.

mishax1

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Quote from: Gladimor on January 24, 2016, 04:53:58 PM

Quote from: wasref on January 23, 2016, 09:18:43 PM

wonder how market will react to when they find out factom competition radium coin

https://bitcointalksearch.org/topic/m.13654492

market cap 30,000 dollars yet

Radium is a very valid competition to other currencies that offer blockchain based services.

I don't understand why the marketcap is so low, probably because it's only listed on C-Cex so far. From reading the Radium SmartChain thread, their blockchain utility includes username-address linkage, id verification, asset transfer, text notes, file hashes, and file verification.

What did you expect when a project is being led by two anonymous devs?

Gladimor

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Quote from: wasref on January 23, 2016, 09:18:43 PM

wonder how market will react to when they find out factom competition radium coin

https://bitcointalksearch.org/topic/m.13654492

market cap 30,000 dollars yet

Radium is a very valid competition to other currencies that offer blockchain based services.

I don't understand why the marketcap is so low, probably because it's only listed on C-Cex so far. From reading the Radium SmartChain thread, their blockchain utility includes username-address linkage, id verification, asset transfer, text notes, file hashes, and file verification.

The Bitcoin Co-op

legendary

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CoinDesk has always been a mafia, lol

whiteorg72

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I now read this article:

5 Must-Read Excerpts from the UK Government's Blockchain Report
http://www.coindesk.com/5-excerpts-uk-government-blockchain-report/
Daniel Palmer | Published on January 24, 2016 at 15:17 GMT

I think, that journalist Daniel Palmer from Coindesk is specially not written about the Factom because this is actually a reprint (with partial sampling) from the original article:

BBC News. UK Government urged to use Bitcoin-style digital ledgers.
"...Texas-based firm Factom announced last year that it was working with Honduras to build a blockchain record of land registry titles - though the project later appeared to be on hiatus..."
http://www.bbc.com/news/technology-35344843

crazyivan

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DMD Diamond Making Money 4+ years! Join us!

Quote from: tempus on January 24, 2016, 07:15:24 AM

Quote from: whiteorg72 on January 24, 2016, 02:02:12 AM

Too bad that no information the dates when the Milestone2 will be completed and Milestone3 will be completed.
I understand that programming a difficult and time-consuming process, but it must also be at least approximate dates end works.
Where are they?
How much time is necessary to wait that the factom were fully ready for work? 1 quarter - 1/2 years - 1 year - 1,5 years or 2 years ?
Does anyone have thoughts on this?

As far as I know Milestone 2 is intended early this year. My guess is that it's about weeks or maybe just days, not months. Because: High activity in the github, even on weekends:
https://github.com/FactomProject/

I just would be concerned if there wouldn't be updates in the github but vacation-pics on Twitter. ;-)

Milestone 3 is about the federated servers and in the interview Paul Snow said, that they intend to start with 8 servers, and that they aim to start with that also in the first quarter of the year if I remember it right, and then to grow until the full system with federated and election server is running.

And if we look at the price, Milestone 2 could turn out as perfect timing. The chance that Milestone 2 will have positive impact on the price is higher if it has some time to settle a little bit - and the volume is great. If people fully understand how important Milestone 2 will be to give access to the system we could see another price-jump. And if not - they will understand right after some good news as a result and I have no doubt that there will be a lot of good news.

Great, now there is at least tentative schedule for his Milestones 2 and 3.

whiteorg72

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Quote from: tempus on January 24, 2016, 07:15:24 AM

Quote from: whiteorg72 on January 24, 2016, 02:02:12 AM

Too bad that no information the dates when the Milestone2 will be completed and Milestone3 will be completed.
I understand that programming a difficult and time-consuming process, but it must also be at least approximate dates end works.
Where are they?
How much time is necessary to wait that the factom were fully ready for work? 1 quarter - 1/2 years - 1 year - 1,5 years or 2 years ?
Does anyone have thoughts on this?

As far as I know Milestone 2 is intended early this year. My guess is that it's about weeks or maybe just days, not months. Because: High activity in the github, even on weekends:
https://github.com/FactomProject/

I just would be concerned if there wouldn't be updates in the github but vacation-pics on Twitter. ;-)

Milestone 3 is about the federated servers and in the interview Paul Snow said, that they intend to start with 8 servers, and that they aim to start with that also in the first quarter of the year if I remember it right, and then to grow until the full system with federated and election server is running.

And if we look at the price, Milestone 2 could turn out as perfect timing. The chance that Milestone 2 will have positive impact on the price is higher if it has some time to settle a little bit - and the volume is great. If people fully understand how important Milestone 2 will be to give access to the system we could see another price-jump. And if not - they will understand right after some good news as a result and I have no doubt that there will be a lot of good news.

tempus, Thanks for the answer. You have as always good detailed comments

tempus

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Quote from: whiteorg72 on January 24, 2016, 02:02:12 AM

Too bad that no information the dates when the Milestone2 will be completed and Milestone3 will be completed.
I understand that programming a difficult and time-consuming process, but it must also be at least approximate dates end works.
Where are they?
How much time is necessary to wait that the factom were fully ready for work? 1 quarter - 1/2 years - 1 year - 1,5 years or 2 years ?
Does anyone have thoughts on this?

As far as I know Milestone 2 is intended early this year. My guess is that it's about weeks or maybe just days, not months. Because: High activity in the github, even on weekends:
https://github.com/FactomProject/

I just would be concerned if there wouldn't be updates in the github but vacation-pics on Twitter. ;-)

Milestone 3 is about the federated servers and in the interview Paul Snow said, that they intend to start with 8 servers, and that they aim to start with that also in the first quarter of the year if I remember it right, and then to grow until the full system with federated and election server is running.

And if we look at the price, Milestone 2 could turn out as perfect timing. The chance that Milestone 2 will have positive impact on the price is higher if it has some time to settle a little bit - and the volume is great. If people fully understand how important Milestone 2 will be to give access to the system we could see another price-jump. And if not - they will understand right after some good news as a result and I have no doubt that there will be a lot of good news.

whiteorg72

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Quote from: Fern on January 24, 2016, 06:03:45 AM

Paul Snow said they will anchor to Ethereum but currently favor Bitcoin because of the security. I understand they can anchor to any blockchain, like it isn't a difficult thing to do. That was my take on it.

Thanks for clarifying

Fern

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Merit: 250

Paul Snow said they will anchor to Ethereum but currently favor Bitcoin because of the security. I understand they can anchor to any blockchain, like it isn't a difficult thing to do. That was my take on it.

Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 392. (Read 2115876 times)