[ANN] FACTOM - Introducing Honesty to Record-Keeping - page 451.

WhoCaresCoins

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F*CK WHALES!

Quote from: FACTOM on June 08, 2015, 05:03:39 PM

Quote from: overthetop2011 on June 05, 2015, 04:22:30 AM

Quote from: animalroam on June 04, 2015, 05:50:25 PM

Can't wait until Factom is released to the public

.

I think Factom would be a long term project...

where to check out the News of updates of the project?

We release regular updates through our blog at http://blog.factom.org and our newsletter to which you can register at http://factom.org.
Also on Twitter at https://twitter.com/factomproject.

Thank you for the support.

Finally 4 days past you just answered this question Cheesy

FACTOM

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Quote from: overthetop2011 on June 05, 2015, 04:22:30 AM

Quote from: animalroam on June 04, 2015, 05:50:25 PM

Can't wait until Factom is released to the public

.

I think Factom would be a long term project...

where to check out the News of updates of the project?

We release regular updates through our blog at http://blog.factom.org and our newsletter to which you can register at http://factom.org.
Also on Twitter at https://twitter.com/factomproject.

Thank you for the support.

overthetop2011

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Activity: 678

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Quote from: animalroam on June 04, 2015, 05:50:25 PM

Can't wait until Factom is released to the public

.

I think Factom would be a long term project...

where to check out the News of updates of the project?

animalroam

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Can't wait until Factom is released to the public

.

coin@coin

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Quote from: bitcoinrocks on June 02, 2015, 07:07:44 PM

Quote from: coin@coin on June 02, 2015, 03:10:07 PM

Quote from: bitcoinrocks on June 02, 2015, 11:19:10 AM

So Koinify is simply a non-transparent centralized service that does not use blockchain technology to record the "vouchers" it marks in its database in exchange for BTC?

Not sure what you mean by non-transparent though. It was a crowdfunding platform.

Transparency is when you record something on a blockchain so everyone can verify that you've done what you say you've done. Non-transparency is when you record something in your own internal database and expect everyone to trust you.

For Factom everything was recorded on the blockchain using Op_return so I guess that fits your transparent definition.

bitcoinrocks

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Quote from: coin@coin on June 02, 2015, 03:10:07 PM

Quote from: bitcoinrocks on June 02, 2015, 11:19:10 AM

So Koinify is simply a non-transparent centralized service that does not use blockchain technology to record the "vouchers" it marks in its database in exchange for BTC?

Not sure what you mean by non-transparent though. It was a crowdfunding platform.

Transparency is when you record something on a blockchain so everyone can verify that you've done what you say you've done. Non-transparency is when you record something in your own internal database and expect everyone to trust you.

coin@coin

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Quote from: bitcoinrocks on June 02, 2015, 11:19:10 AM

Quote from: coin@coin on June 01, 2015, 10:34:27 AM

Quote from: bitcoinrocks on May 31, 2015, 11:34:50 AM

Quote from: mishax1 on May 31, 2015, 02:57:11 AM

Quote from: bitcoinrocks on May 30, 2015, 10:28:57 AM

Surely they are Counterparty tokens. Koinify's platform is build on Counterparty.

Currently they are only tokens, they don't have to be counterparty nor anything else..

If Koinify is just an opaque centralized service taking BTC and marking Factom balances in its own internal database, why is it built on top of Counterparty?

The fact they allow Counterparty tokens like Gems doesn't mean they are built on Counterparty.
In Factom's case they are like vouchers that specify how many Factoids you have bought which you will be able to import in your Factom wallet when live.

Not that the author demonstrates any knowledge of "the Bitcoin" but here's an article which indicates that Koinify's tokens are Counterparty tokens:

http://technode.com/2014/07/31/launch-coin-like-boss-koinify/

Quote

the platform is built on Bitcoin / Counterparty which means your Koins are usable with any counterparty compatible wallet

More Importantly: So Koinify is simply a non-transparent centralized service that does not use blockchain technology to record the "vouchers" it marks in its database in exchange for BTC?

Not sure what you mean by non-transparent though. It was a crowdfunding platform.

They have now stopped doing crowdsales on the current platform and are working on something new: https://koinify.com/blog/something-on-the-verge/

bitcoinrocks

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Quote from: coin@coin on June 01, 2015, 10:34:27 AM

Quote from: bitcoinrocks on May 31, 2015, 11:34:50 AM

Quote from: mishax1 on May 31, 2015, 02:57:11 AM

Quote from: bitcoinrocks on May 30, 2015, 10:28:57 AM

Surely they are Counterparty tokens. Koinify's platform is build on Counterparty.

Currently they are only tokens, they don't have to be counterparty nor anything else..

If Koinify is just an opaque centralized service taking BTC and marking Factom balances in its own internal database, why is it built on top of Counterparty?

The fact they allow Counterparty tokens like Gems doesn't mean they are built on Counterparty.
In Factom's case they are like vouchers that specify how many Factoids you have bought which you will be able to import in your Factom wallet when live.

Not that the author demonstrates any knowledge of "the Bitcoin" but here's an article which indicates that Koinify's tokens are Counterparty tokens:

http://technode.com/2014/07/31/launch-coin-like-boss-koinify/

Quote

the platform is built on Bitcoin / Counterparty which means your Koins are usable with any counterparty compatible wallet

More Importantly: So Koinify is simply a non-transparent centralized service that does not use blockchain technology to record the "vouchers" it marks in its database in exchange for BTC?

coin@coin

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Activity: 1722

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Quote from: bitcoinrocks on May 31, 2015, 11:34:50 AM

Quote from: mishax1 on May 31, 2015, 02:57:11 AM

Quote from: bitcoinrocks on May 30, 2015, 10:28:57 AM

Surely they are Counterparty tokens. Koinify's platform is build on Counterparty.

Currently they are only tokens, they don't have to be counterparty nor anything else..

If Koinify is just an opaque centralized service taking BTC and marking Factom balances in its own internal database, why is it built on top of Counterparty?

The fact they allow Counterparty tokens like Gems doesn't mean they are built on Counterparty.
In Factom's case they are like vouchers that specify how many Factoids you have bought which you will be able to import in your Factom wallet when live.

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Quote from: mishax1 on May 31, 2015, 02:57:11 AM

Quote from: bitcoinrocks on May 30, 2015, 10:28:57 AM

Surely they are Counterparty tokens. Koinify's platform is build on Counterparty.

Currently they are only tokens, they don't have to be counterparty nor anything else..

If Koinify is just an opaque centralized service taking BTC and marking Factom balances in its own internal database, why is it built on top of Counterparty?

mishax1

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Activity: 2898

Merit: 1017

Quote from: bitcoinrocks on May 30, 2015, 10:28:57 AM

Surely they are Counterparty tokens. Koinify's platform is build on Counterparty.

Currently they are only tokens, they don't have to be counterparty nor anything else..

Quote from: LockDown on May 30, 2015, 09:21:19 PM

Quote from: mishax1 on May 27, 2015, 01:21:00 PM

Quote from: LockDown on May 27, 2015, 08:40:06 AM

Quote from: Cornett on May 27, 2015, 03:42:45 AM

Quote from: coinking on May 27, 2015, 12:58:52 AM

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Do you know when will Koinify allows the withdrawals? I have only 400 factoids I need to sell it so much.

"Users will be able to convert their Koinify purchases into Factoids on the Factom Network in Q3 when the wallet launches."

LockDown

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Quote from: mishax1 on May 27, 2015, 01:21:00 PM

Quote from: LockDown on May 27, 2015, 08:40:06 AM

Quote from: Cornett on May 27, 2015, 03:42:45 AM

Quote from: coinking on May 27, 2015, 12:58:52 AM

any word on exchanges to host factoids?

Do not rush the things. Exchanges will place factoids approximately in Q3 (august-september)

Can't wait to sell factoids.... Where can I sell it before Q3?

I will buy some when koinify allows factoid withdrawals..

Do you know when will Koinify allows the withdrawals? I have only 400 factoids I need to sell it so much.

bitcoinrocks

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Surely they are Counterparty tokens. Koinify's platform is build on Counterparty.

FACTOM

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Quote from: bitcoinrocks on May 29, 2015, 02:21:01 PM

Aren't Factom tokens just Counterparty tokens? If so, why can't they be released to the buyers right away?

They are not Counterparty tokens. Users will be able to convert their Koinify purchases into Factoids on the Factom Network in Q3 when the wallet launches.

bitcoinrocks

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