[ANN] FACTOM - Introducing Honesty to Record-Keeping - page 438.

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: dcxtx on September 14, 2015, 02:19:21 PM

Quote from: mishax1 on September 14, 2015, 02:04:41 PM

Quote from: dcxtx on September 14, 2015, 01:27:58 PM

Quote from: loveyouforever on September 12, 2015, 07:09:37 AM

It seems FACTOM is the first crypto currency to use Docker

Sell price for Factoids is 0.0111 BTC as of this morning. Still looking for decent support before the buy price will start to increase. Current Buy price is 0.0015 .

Where do you get that from ?

That is what is available on our site.

https://www.dcxtx.com/PriceList.aspx

We also create Entry Credits if you are to the point of needing them. Those are NOT for speculators if anyone is thinking that way. If you create entry credits, they are yours to use or not, but they can't be transferred.

I find it hard to believe that someone actually set a 1333BTC buy order on your site , also, the whole sell orderbook looks like it was build by one man, which is probably true since no one can actually send any factoids..

sorry for calling your site a scam, but I've seen to much sh*t in crypto..

dcxtx

member

Activity: 63

Merit: 10

Quote from: dcxtx on September 14, 2015, 04:46:58 PM

Quote from: FACTOM on September 12, 2015, 12:13:27 AM

Quote from: Fargo on September 11, 2015, 01:03:25 PM

Quote from: FACTOM on September 11, 2015, 10:58:35 AM

Our latest Technical Update is out, we'll be integrating Docker next week to make it easier to run Factom Software and we are over 1200 blocks so far!
Read more about it on our blog:

http://blog.factom.org/post/128846593304/technical-update-beta-progress

Does that mean the wallet will be ready next week? If not, is there an ETA?

The wallet is ready since the genesis block went live, even before that. It's on GitHub: https://github.com/FactomProject.
You need to run various pieces like factomd, fctwallet and factom-cli to use your Factoids.
It is command line for the moment. What we are releasing next week is an easier way to run the three apps I mentioned above but still in command line.
A GUI wallet will be available in the near future. Our devs are working as hard as they can to deliver.

There are windows installation instructions available at:

http://crypto-daytrader.blogspot.com/

This is not me. I will be running through them on a windows10 pc this evening to see how well it works.

Sorry, this is not the GUI, it is windows instructions for what is available now.

dcxtx

member

Activity: 63

Merit: 10

Quote from: FACTOM on September 12, 2015, 12:13:27 AM

Quote from: Fargo on September 11, 2015, 01:03:25 PM

Quote from: FACTOM on September 11, 2015, 10:58:35 AM

Our latest Technical Update is out, we'll be integrating Docker next week to make it easier to run Factom Software and we are over 1200 blocks so far!
Read more about it on our blog:

http://blog.factom.org/post/128846593304/technical-update-beta-progress

Does that mean the wallet will be ready next week? If not, is there an ETA?

The wallet is ready since the genesis block went live, even before that. It's on GitHub: https://github.com/FactomProject.
You need to run various pieces like factomd, fctwallet and factom-cli to use your Factoids.
It is command line for the moment. What we are releasing next week is an easier way to run the three apps I mentioned above but still in command line.
A GUI wallet will be available in the near future. Our devs are working as hard as they can to deliver.

There are windows installation instructions available at:

http://crypto-daytrader.blogspot.com/

This is not me. I will be running through them on a windows10 pc this evening to see how well it works.

dcxtx

member

Activity: 63

Merit: 10

Quote from: mishax1 on September 14, 2015, 02:04:41 PM

Quote from: dcxtx on September 14, 2015, 01:27:58 PM

Quote from: loveyouforever on September 12, 2015, 07:09:37 AM

It seems FACTOM is the first crypto currency to use Docker

Sell price for Factoids is 0.0111 BTC as of this morning. Still looking for decent support before the buy price will start to increase. Current Buy price is 0.0015 .

Where do you get that from ?

That is what is available on our site.

https://www.dcxtx.com/PriceList.aspx

We also create Entry Credits if you are to the point of needing them. Those are NOT for speculators if anyone is thinking that way. If you create entry credits, they are yours to use or not, but they can't be transferred.

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: dcxtx on September 14, 2015, 01:27:58 PM

Quote from: loveyouforever on September 12, 2015, 07:09:37 AM

It seems FACTOM is the first crypto currency to use Docker

Sell price for Factoids is 0.0111 BTC as of this morning. Still looking for decent support before the buy price will start to increase. Current Buy price is 0.0015 .

Where do you get that from ?

dcxtx

member

Activity: 63

Merit: 10

Quote from: loveyouforever on September 12, 2015, 07:09:37 AM

It seems FACTOM is the first crypto currency to use Docker

Sell price for Factoids is 0.0111 BTC as of this morning. Still looking for decent support before the buy price will start to increase. Current Buy price is 0.0015 .

loveyouforever

sr. member

Activity: 269

Merit: 250

It seems FACTOM is the first crypto currency to use Docker

Fargo

sr. member

Activity: 283

Merit: 250

Quote from: FACTOM on September 12, 2015, 12:13:27 AM

Quote from: Fargo on September 11, 2015, 01:03:25 PM

Quote from: FACTOM on September 11, 2015, 10:58:35 AM

Our latest Technical Update is out, we'll be integrating Docker next week to make it easier to run Factom Software and we are over 1200 blocks so far!
Read more about it on our blog:

http://blog.factom.org/post/128846593304/technical-update-beta-progress

Does that mean the wallet will be ready next week? If not, is there an ETA?

The wallet is ready since the genesis block went live, even before that. It's on GitHub: https://github.com/FactomProject.
You need to run various pieces like factomd, fctwallet and factom-cli to use your Factoids.
It is command line for the moment. What we are releasing next week is an easier way to run the three apps I mentioned above but still in command line.
A GUI wallet will be available in the near future. Our devs are working as hard as they can to deliver.

Sweet, can't wait to see the GUI.

FACTOM

sr. member

Activity: 251

Merit: 250

Quote from: Fargo on September 11, 2015, 01:03:25 PM

Quote from: FACTOM on September 11, 2015, 10:58:35 AM

Our latest Technical Update is out, we'll be integrating Docker next week to make it easier to run Factom Software and we are over 1200 blocks so far!
Read more about it on our blog:

http://blog.factom.org/post/128846593304/technical-update-beta-progress

Does that mean the wallet will be ready next week? If not, is there an ETA?

The wallet is ready since the genesis block went live, even before that. It's on GitHub: https://github.com/FactomProject.
You need to run various pieces like factomd, fctwallet and factom-cli to use your Factoids.
It is command line for the moment. What we are releasing next week is an easier way to run the three apps I mentioned above but still in command line.
A GUI wallet will be available in the near future. Our devs are working as hard as they can to deliver.

dcxtx

member

Activity: 63

Merit: 10

Quote from: bitcoinrocks on September 11, 2015, 04:11:05 PM

Quote from: Jiggy0001 on September 11, 2015, 03:09:26 PM

Quote from: bitcoinrocks on September 11, 2015, 12:44:52 PM

Still no exchanges?

it depends on the exchanges not on factom

Yeah but this is a good place to ask about it.

We still have them available in an automated fashion.

Our pricing has started to slowly decrease. We have also changed the price calculation from a piece of code that looks at our inventory to a straight forward order book. Since we operate as a two party trade, we are the only ones that can put an order in the book, but our price and spread are plain. When the exchanges go live, we will have the market to look to for a price. for now, we have our order book. The price will keep slipping until we find support. At that time our buy price can start to rise.

https://www.dcxtx.com/PriceList.aspx.

We are not an exchange, but we are a place to buy and sell factoids or create entry credits. The pricelist page also has a link to a slightly delayed copy of our order book so you can see the actual price we would charge for a buy or sell.

gagalady

legendary

Activity: 938

Merit: 1000

How can i get my token?

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Quote from: Jiggy0001 on September 11, 2015, 03:09:26 PM

Quote from: bitcoinrocks on September 11, 2015, 12:44:52 PM

Still no exchanges?

it depends on the exchanges not on factom

Yeah but this is a good place to ask about it.

Jiggy0001

hero member

Activity: 734

Merit: 500

Quote from: bitcoinrocks on September 11, 2015, 12:44:52 PM

Still no exchanges?

it depends on the exchanges not on factom

Fargo

sr. member

Activity: 283

Merit: 250

Quote from: FACTOM on September 11, 2015, 10:58:35 AM

Our latest Technical Update is out, we'll be integrating Docker next week to make it easier to run Factom Software and we are over 1200 blocks so far!
Read more about it on our blog:

http://blog.factom.org/post/128846593304/technical-update-beta-progress

Does that mean the wallet will be ready next week? If not, is there an ETA?

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Still no exchanges?

Jiggy0001

hero member

Activity: 734

Merit: 500

Let's go factom

FACTOM

sr. member

Activity: 251

Merit: 250

Our latest Technical Update is out, we'll be integrating Docker next week to make it easier to run Factom Software and we are over 1200 blocks so far!
Read more about it on our blog:

http://blog.factom.org/post/128846593304/technical-update-beta-progress

FACTOM

sr. member

Activity: 251

Merit: 250

Quote from: fartbags on September 11, 2015, 04:05:50 AM

Quote from: dwma on September 06, 2015, 06:29:37 PM

Quote from: compmaster on August 27, 2015, 08:43:47 PM

This coin is too centralized for me. I don't see it becoming a success because of the centralized mining structure.

This is because you are biased from the results of all the near pointless altcoins.

In the real world, with actual projects that need ongoing maintenance and improvement, giving developers a longterm stake is actually more aligned incentive wise. The developers get paid in proportion to the value they bring to the project. Once the people who run the project have salaries not paid in stake, that is when you have nothing but altruism to rely on or a need to maintain one's credibility.

However all these weirdo POW miner types have this weird sense of entitlement. Their logic is this - Since the first blockchain relies on POW every other blockchain should rely on POW ... just because.

How annoying.

I don't think you understand what factom is. It's mining (PoW or PoS doesn't matter)... but only 8 centralized miners are allowed to mine. These centralized miners will obtain 50% of all factoids created.

This centralization will allow Factom to modify blockchains and create forks easily. This is why I don't understand what this project is. If I wanted my data backed up 8 times redundant I could hash my data myself and host it on Google who would probably offer better redundancy to my data.

Nothing on Factom can be trusted because it's centralized.

For the next project, I would rather the public raise funds for salaries as the project goes a long. No need to hand out golden parachutes to obtain developers. Raise funds every year and create more XCP tokens to give investors.

This will probably go down as the dumbest crypto idea that the public got tricked into buying yet. Amazingly, the public will only be receiving 25% of all Factoids.

We don't think you understand how Factom works either

There will be 32 Factom Federated Servers when the network goes live and none will be managed by Factom but elected by users of the platform not by us.

Apart from the whitepaper you should read our consensus paper also available on our GitHub.

richwang01

member

Activity: 123

Merit: 10

Quote from: fartbags on September 11, 2015, 04:05:50 AM

Quote from: dwma on September 06, 2015, 06:29:37 PM

Quote from: compmaster on August 27, 2015, 08:43:47 PM

This coin is too centralized for me. I don't see it becoming a success because of the centralized mining structure.

This is because you are biased from the results of all the near pointless altcoins.

In the real world, with actual projects that need ongoing maintenance and improvement, giving developers a longterm stake is actually more aligned incentive wise. The developers get paid in proportion to the value they bring to the project. Once the people who run the project have salaries not paid in stake, that is when you have nothing but altruism to rely on or a need to maintain one's credibility.

However all these weirdo POW miner types have this weird sense of entitlement. Their logic is this - Since the first blockchain relies on POW every other blockchain should rely on POW ... just because.

How annoying.

I don't think you understand what factom is. It's mining (PoW or PoS doesn't matter)... but only 8 centralized miners are allowed to mine. These centralized miners will obtain 50% of all factoids created.

This centralization will allow Factom to modify blockchains and create forks easily. This is why I don't understand what this project is. If I wanted my data backed up 8 times redundant I could hash my data myself and host it on Google who would probably offer better redundancy to my data.

Nothing on Factom can be trusted because it's centralized.

For the next project, I would rather the public raise funds for salaries as the project goes a long. No need to hand out golden parachutes to obtain developers. Raise funds every year and create more XCP tokens to give investors.

This will probably go down as the dumbest crypto idea that the public got tricked into buying yet. Amazingly, the public will only be receiving 25% of all Factoids.

Sir
Please read FACTOM whitepaper again. You don't really know how FACTOM works.

fartbags

legendary

Activity: 1190

Merit: 1004

Introducing Honesty to Record-Keeping

So where are the records of what every single Satoshi was spent on?

Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 438. (Read 2115876 times)