Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 50. (Read 2115896 times)
Network works perfect since latest release, keep posting fud lol
From slack:
To daniel (Exodus) you said that shapeshift support is key for integrating a coin in Exodus. But if the Factom blockchain shows to be stable enough and the latest updates seem to be really good, why would you wait for Shapeshift in that case? If the blockchain is stable I think you will already make a lot of fct holders very happy that want to get their coins away from polo. Most don't care about not being able YET to use the shapeshift API within Exodus to change FCT into another coin. If I really can't wait to trade I will do it on Polo. But it would already make many holders feel so much happier if they can take these coins off the exchange. I totally understand the issues you will get when the blockchain isn't stable, but why letting a third party like shapeshift decide about when you add a coin. Just being a trustworthy wallet is already great!
[3:20]
From Daniel (Exodus): Thank you for your comments. I wish it was as simple as that. For Exodus, it is vital we do everything we can to protect our users. The unfortunate reality is the Factom network has been unreliable for quite some time. We will not just watch a few weeks of stability and just trust everything will be okay. This trust will take months to build back up. As a business decision I would love nothing more than to release Factom and have things just magically work 100% of the time. That would be awesome for Exodus and we would have something to show for all the resources, hours, and money we have put into FCT development.
As you know Factom released another upgrade a few days ago. Just a few days after we installed the previous upgrade. That is yet another entire new set of code to test, deploy and begin to see how it work on the Exodus servers.
You are in our Factom beta program and you have access to the latest beta yourself. There will be no changes to the code on the Exodus side from the beta you have access to and the real deal. The only change is keeping the Factom network stable and sound.
If you don’t trust the beta you have with your Factoids that should tell you something. We can not in good faith release Factom and hope for the best. The unfortunate reality is we are still a long ways off from Factom support. Exodus needs to see the Factom network solid and 100% stable for a few months before we begin to think about moving forward.
[3:20]
To Daniel (Exodus): Thanks for answering. I do trust the beta. It was more a question in general about shapeshift requirement. So, basically you still say that as soon as you (Exodus) have trust in the stability of the Factom blockchain, that you are good to go? Regardless whether Shapeshift has FCT or not?
wow dealing with huge corporations but having unreliable network ? To daniel (Exodus) you said that shapeshift support is key for integrating a coin in Exodus. But if the Factom blockchain shows to be stable enough and the latest updates seem to be really good, why would you wait for Shapeshift in that case? If the blockchain is stable I think you will already make a lot of fct holders very happy that want to get their coins away from polo. Most don't care about not being able YET to use the shapeshift API within Exodus to change FCT into another coin. If I really can't wait to trade I will do it on Polo. But it would already make many holders feel so much happier if they can take these coins off the exchange. I totally understand the issues you will get when the blockchain isn't stable, but why letting a third party like shapeshift decide about when you add a coin. Just being a trustworthy wallet is already great!
[3:20]
From Daniel (Exodus): Thank you for your comments. I wish it was as simple as that. For Exodus, it is vital we do everything we can to protect our users. The unfortunate reality is the Factom network has been unreliable for quite some time. We will not just watch a few weeks of stability and just trust everything will be okay. This trust will take months to build back up. As a business decision I would love nothing more than to release Factom and have things just magically work 100% of the time. That would be awesome for Exodus and we would have something to show for all the resources, hours, and money we have put into FCT development.
As you know Factom released another upgrade a few days ago. Just a few days after we installed the previous upgrade. That is yet another entire new set of code to test, deploy and begin to see how it work on the Exodus servers.
You are in our Factom beta program and you have access to the latest beta yourself. There will be no changes to the code on the Exodus side from the beta you have access to and the real deal. The only change is keeping the Factom network stable and sound.
If you don’t trust the beta you have with your Factoids that should tell you something. We can not in good faith release Factom and hope for the best. The unfortunate reality is we are still a long ways off from Factom support. Exodus needs to see the Factom network solid and 100% stable for a few months before we begin to think about moving forward.
[3:20]
To Daniel (Exodus): Thanks for answering. I do trust the beta. It was more a question in general about shapeshift requirement. So, basically you still say that as soon as you (Exodus) have trust in the stability of the Factom blockchain, that you are good to go? Regardless whether Shapeshift has FCT or not?
Factom crazy cheap all of a sudden any reason for that ?
BTC went big time up, nothing special. Usual market swings, it ll get back to the old price in a week or two. We ve seen this pattern at least 10x this year.
Yes I know about BTC going up but it seems factom was hit a lot harder then everything else.
That s also true but Factom s probably number 1 target for bots and speculators since it does not have miners, stakers or anything similar to that to increase the amount of trades per day. If I were you, I d preserve my nerves and come back once this storm calms down, which it will, in a few days. Once again, we ve seen this so many times before, learn to profit from this.
Factom crazy cheap all of a sudden any reason for that ?
BTC went big time up, nothing special. Usual market swings, it ll get back to the old price in a week or two. We ve seen this pattern at least 10x this year.
Yes I know about BTC going up but it seems factom was hit a lot harder then everything else.
Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.
https://docs.factom.com/#enterprise-wallet
you can skip the factomd installation and go to this section: https://docs.factom.com/#run-enterprise-wallet-online
use the custom factomd location setting and point to: factomd-live.cloudapp.net:8088 (per documentation)
all done!
Do I have to install Factom Federation (FF) before installing the Enterprise Wallet?
/Thanks
allright so waiting for exodus is not a option anymore. I want to get my coins of polo and I heared the enterprise wallet is real difficult to use.. ? a few posts back I read its updated? Not a gui I think?
It is a GUI and not difficult to use in my experience.
Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.
https://docs.factom.com/#enterprise-wallet
you can skip the factomd installation and go to this section: https://docs.factom.com/#run-enterprise-wallet-online
use the custom factomd location setting and point to: factomd-live.cloudapp.net:8088 (per documentation)
all done!
Actually, I ve never used this one. This is an online option, is there an offline option besides papermill?
Factom crazy cheap all of a sudden any reason for that ?
BTC went big time up, nothing special. Usual market swings, it ll get back to the old price in a week or two. We ve seen this pattern at least 10x this year.
Factom crazy cheap all of a sudden any reason for that ?
Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.
https://docs.factom.com/#enterprise-wallet
you can skip the factomd installation and go to this section: https://docs.factom.com/#run-enterprise-wallet-online
use the custom factomd location setting and point to: factomd-live.cloudapp.net:8088 (per documentation)
all done!
Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.
allright so waiting for exodus is not a option anymore. I want to get my coins of polo and I heared the enterprise wallet is real difficult to use.. ? a few posts back I read its updated? Not a gui I think?
So the only option left is the paper wallet wich im not familiar with and find somewhat scarry since I send my coins to a address where I cant see the balance.. I have my private key so I can import that later on somewhere? Never did this before.. But I think this is the only way to get mt factiods stored safely right? I have a withdrawal limit on polo but I can send factiods every day to the same address generated by papermilwallet right? Dont have to create a new one each transaction? And as long as I have my private key nothing can go wrong in any way... right..?
So the only option left is the paper wallet wich im not familiar with and find somewhat scarry since I send my coins to a address where I cant see the balance.. I have my private key so I can import that later on somewhere? Never did this before.. But I think this is the only way to get mt factiods stored safely right? I have a withdrawal limit on polo but I can send factiods every day to the same address generated by papermilwallet right? Dont have to create a new one each transaction? And as long as I have my private key nothing can go wrong in any way... right..?
Yup, papermillwalet is excellent. Having such valuable coin in exchange can be more scary than anything. Absolutely, you can make multiple transactions with the same address. This utility has been provided by Factom team, so nothing else could be as trustworthy.
allright so waiting for exodus is not a option anymore. I want to get my coins of polo and I heared the enterprise wallet is real difficult to use.. ? a few posts back I read its updated? Not a gui I think?
So the only option left is the paper wallet wich im not familiar with and find somewhat scarry since I send my coins to a address where I cant see the balance.. I have my private key so I can import that later on somewhere? Never did this before.. But I think this is the only way to get mt factiods stored safely right? I have a withdrawal limit on polo but I can send factiods every day to the same address generated by papermilwallet right? Dont have to create a new one each transaction? And as long as I have my private key nothing can go wrong in any way... right..?
So the only option left is the paper wallet wich im not familiar with and find somewhat scarry since I send my coins to a address where I cant see the balance.. I have my private key so I can import that later on somewhere? Never did this before.. But I think this is the only way to get mt factiods stored safely right? I have a withdrawal limit on polo but I can send factiods every day to the same address generated by papermilwallet right? Dont have to create a new one each transaction? And as long as I have my private key nothing can go wrong in any way... right..?
I think everyone is (and has been) making the Exodus wallet out to be a bigger deal than it is honestly.
It's really just a small part of the show.
Nice if it happens.... but there is no need to make it out like somehow Factom integration into Exodus is KEY to the whole world or something.
The network is stable. So if Exodus is too lazy to complete their wallet .. so be it.
What Factom is doing is far far beyond the usefulness of some wallet provider.
It's really just a small part of the show.
Nice if it happens.... but there is no need to make it out like somehow Factom integration into Exodus is KEY to the whole world or something.
The network is stable. So if Exodus is too lazy to complete their wallet .. so be it.
What Factom is doing is far far beyond the usefulness of some wallet provider.
From slack:
To daniel (Exodus) you said that shapeshift support is key for integrating a coin in Exodus. But if the Factom blockchain shows to be stable enough and the latest updates seem to be really good, why would you wait for Shapeshift in that case? If the blockchain is stable I think you will already make a lot of fct holders very happy that want to get their coins away from polo. Most don't care about not being able YET to use the shapeshift API within Exodus to change FCT into another coin. If I really can't wait to trade I will do it on Polo. But it would already make many holders feel so much happier if they can take these coins off the exchange. I totally understand the issues you will get when the blockchain isn't stable, but why letting a third party like shapeshift decide about when you add a coin. Just being a trustworthy wallet is already great!
[3:20]
From Daniel (Exodus): Thank you for your comments. I wish it was as simple as that. For Exodus, it is vital we do everything we can to protect our users. The unfortunate reality is the Factom network has been unreliable for quite some time. We will not just watch a few weeks of stability and just trust everything will be okay. This trust will take months to build back up. As a business decision I would love nothing more than to release Factom and have things just magically work 100% of the time. That would be awesome for Exodus and we would have something to show for all the resources, hours, and money we have put into FCT development.
As you know Factom released another upgrade a few days ago. Just a few days after we installed the previous upgrade. That is yet another entire new set of code to test, deploy and begin to see how it work on the Exodus servers.
You are in our Factom beta program and you have access to the latest beta yourself. There will be no changes to the code on the Exodus side from the beta you have access to and the real deal. The only change is keeping the Factom network stable and sound.
If you don’t trust the beta you have with your Factoids that should tell you something. We can not in good faith release Factom and hope for the best. The unfortunate reality is we are still a long ways off from Factom support. Exodus needs to see the Factom network solid and 100% stable for a few months before we begin to think about moving forward.
[3:20]
To Daniel (Exodus): Thanks for answering. I do trust the beta. It was more a question in general about shapeshift requirement. So, basically you still say that as soon as you (Exodus) have trust in the stability of the Factom blockchain, that you are good to go? Regardless whether Shapeshift has FCT or not?
To daniel (Exodus) you said that shapeshift support is key for integrating a coin in Exodus. But if the Factom blockchain shows to be stable enough and the latest updates seem to be really good, why would you wait for Shapeshift in that case? If the blockchain is stable I think you will already make a lot of fct holders very happy that want to get their coins away from polo. Most don't care about not being able YET to use the shapeshift API within Exodus to change FCT into another coin. If I really can't wait to trade I will do it on Polo. But it would already make many holders feel so much happier if they can take these coins off the exchange. I totally understand the issues you will get when the blockchain isn't stable, but why letting a third party like shapeshift decide about when you add a coin. Just being a trustworthy wallet is already great!
[3:20]
From Daniel (Exodus): Thank you for your comments. I wish it was as simple as that. For Exodus, it is vital we do everything we can to protect our users. The unfortunate reality is the Factom network has been unreliable for quite some time. We will not just watch a few weeks of stability and just trust everything will be okay. This trust will take months to build back up. As a business decision I would love nothing more than to release Factom and have things just magically work 100% of the time. That would be awesome for Exodus and we would have something to show for all the resources, hours, and money we have put into FCT development.
As you know Factom released another upgrade a few days ago. Just a few days after we installed the previous upgrade. That is yet another entire new set of code to test, deploy and begin to see how it work on the Exodus servers.
You are in our Factom beta program and you have access to the latest beta yourself. There will be no changes to the code on the Exodus side from the beta you have access to and the real deal. The only change is keeping the Factom network stable and sound.
If you don’t trust the beta you have with your Factoids that should tell you something. We can not in good faith release Factom and hope for the best. The unfortunate reality is we are still a long ways off from Factom support. Exodus needs to see the Factom network solid and 100% stable for a few months before we begin to think about moving forward.
[3:20]
To Daniel (Exodus): Thanks for answering. I do trust the beta. It was more a question in general about shapeshift requirement. So, basically you still say that as soon as you (Exodus) have trust in the stability of the Factom blockchain, that you are good to go? Regardless whether Shapeshift has FCT or not?
Somewhat discouraging to say the least ... 'a few months'
Definitely if BTC is Bugatti Veyron of digital currencies, FCT would be a Lamborghini in real sense.
I have seen a pattern where less useful cryptos are more volatile and excellent crypto (the real giants) doze a lot. So many real big clients they have already. Making world honest.
Run Factom Run...
I have seen a pattern where less useful cryptos are more volatile and excellent crypto (the real giants) doze a lot. So many real big clients they have already. Making world honest.
Run Factom Run...
About a week ago I bought FCT on Polo and send it to Trex and it hasn't shown up (yet). Is the network still down?
It's possible that it was down at that time. What many experienced was that Polo provided a txid but the transaction was not really sent. Maybe that's also the problem with your withdrawal from Polo to Bittrex. In that case you should open a ticket...
I did open a ticket a few days back, still waiting for a response. Nothing to do but wait I guess, thanks for the quick response.
Still waiting for Poloniex to respond after alerting the moderators 2 times in the meantime.
But did Factom inform the exchanges that they took the network down? The wallets should have been disabled and that wasn't the case on Poloniex and Bittrex that day.
Got them today. Poloniex resend it today, so it was never send in the first place. No sorry or anything from them.
Ye Poloniex is getting worse and worse the more customers they get they should be making buckets of money in fee's but their servers go down or freeze all the time their tickets take way to long to get resolved. If there was a good alternative id be gone
About a week ago I bought FCT on Polo and send it to Trex and it hasn't shown up (yet). Is the network still down?
It's possible that it was down at that time. What many experienced was that Polo provided a txid but the transaction was not really sent. Maybe that's also the problem with your withdrawal from Polo to Bittrex. In that case you should open a ticket...
I did open a ticket a few days back, still waiting for a response. Nothing to do but wait I guess, thanks for the quick response.
Still waiting for Poloniex to respond after alerting the moderators 2 times in the meantime.
But did Factom inform the exchanges that they took the network down? The wallets should have been disabled and that wasn't the case on Poloniex and Bittrex that day.
Got them today. Poloniex resend it today, so it was never send in the first place. No sorry or anything from them.
Well, I would not be so optimistic to say it ll resolve all blockchain problems but it will definitely have a HUGE everyday usage, well beyond usual speculations and pumps and dumps of lots of large crypto. Very soon markets will become aware of this.
BIG some BIG is coming!
People don´t forge the real real use of Factom, will solve problems in the entire society.
"Some of our customers": US Department of Homeland Security, Gates Foundation
https://youtu.be/RkwNlCfjkKA?t=3m47s
"Three very very large financial institutions that we`re in contract negotiations" ... Factom Use Case: Saving BoA $17 Billion (google)
https://youtu.be/RkwNlCfjkKA?t=7m7s
one more:
Vitalik Buterin invested in Factom
https://youtu.be/db6yjA4Yll8?t=21m37s
People don´t forge the real real use of Factom, will solve problems in the entire society.
"Some of our customers": US Department of Homeland Security, Gates Foundation
https://youtu.be/RkwNlCfjkKA?t=3m47s
"Three very very large financial institutions that we`re in contract negotiations" ... Factom Use Case: Saving BoA $17 Billion (google)
https://youtu.be/RkwNlCfjkKA?t=7m7s
one more:
Vitalik Buterin invested in Factom
https://youtu.be/db6yjA4Yll8?t=21m37s
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