The difference between going "all in" with a PoW cryptocurrency vs an ICO is that you invite scammers to target the technology. It's the same as the premined altcoins. I suppose if they offer a burn address for bitcoins that will suffice as proof they are not scamming. But they have to actually give you a working token, not a placeholder token. So far, I have not seen this offer. So to say you are "all in" is purely hype. I will take back the pitchman accusation when there is an actual offer of working factoids that are either bought through PoB or capital investment in the FACTOM network and not merely a pump and dump ICO
If you watch the video right above, Peter Kirby explains why there is a need for Factoids and what they are used for. |
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Bitcoinist.net: Inside Bitcoins Berlin 2015 - Day 1 - Peter KirbyWatch Peter Kirby present Factom at Inside Bitcoins Berlin.  |
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Factum presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !
Pitchman!lol... I am a supporter, a believer in this technology and just for doing that you're calling me a Pitchman??? Can't I express what I think about the technology without being accused of promoting it. At least if that was the case, I would like to be paid! It makes no sense at all. If I were to make similar assumptions as you did, I would say everyone here is a Pitchman, and you're a troll... Oh and if I was a Pitchman I would be selling something of superior quality and not inferior goods; Factum technology doesn't need a Pitchman to shout how great its technology is! We thank you for the support, Blawpaw. And the confirmation that he/she is not a pitchman is that the name is actually Factom not Factum, a pitchman would spell it right.   |
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 We are pleased to announce a collaboration between Tradle + Factom. Read the details on our blog. We have hosted a Hangout with the founders of both teams discussing the announcement:  |
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Bitcoin 101 - A Million Killer Apps - Part 2 - Blockchains & A Global Shared HistoryWorld Bitcoin Network (James D'Angelo) introduces Factom and Paul Snow in his latest video.  Very interesting historical reasons and use cases as to why Factom is needed. We are hard at work to contribute to a better, more honest, and immutable record keeping. Factom section starts at 29:16. |
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 We are pleased to announce a collaboration between Coinapult + Factom. Read the details on our blog. We have hosted a Hangout with the founders of both teams discussing the announcement:  |
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 We are pleased to announce a collaboration between Serica + Factom. Read the details on our blog. We have hosted a Hangout with the founders of both teams which you can watch below.  |
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 We are pleased to announce a collaboration between Tether + Factom. Read the details on our blog and a Press Release on Bitcoin Magazine We have hosted a Hangout with the founders of both teams discussing the announcement:  |
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Any update on the ITO? This looks awesome...
It's being finalized, we want to make sure all details are taken care of. We will post announcements on all our channels when we get closer to the time. Thank you for the support.  |
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Thank you for the share will add to articles list! |
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Paul Snow presenting at the Dubai Bitcoin Conference: a great video to watch to learn more about Factom.  |
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Salon Talks: COINFEST 2015: Vanbex Edition! Synereo, Factom, Trustatom, Etherparty, OpalcoinFactom talks at Decentral Vancouver Coinfest 2015 Hangout with very interesting guests discussing identity, decentralization, 2fA, etc. Speakers- Clef - Brennen Byrne
- Synereo - Greg Meredith
- Factom - Paul Snow
- Trustatom - Yurii Rashkovskii
- Etherparty - Lisa Cheng
- Opalcoin - Whit Jack
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Lets say I'm a company that paid to use factom.
Factom saves it's hashes to the bitcoin blockchain.
Bicoin fails.
I lose everything?
Factom could use any other blockchain but have chosen Bitcoin as it is the most widely used and most popular one. If Bitcoin fails Factom can always switch to another blockchain, the metadata about your entries will still be in a Factom chain of its own and can be re-hashed. |
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An interesting use case for FACTOM would be hashing this forum or any forum in real-time providing a trusted record that is verifiable. With FACTOM you don't have to trust any forum operator about tampering with the database. It's great for business transactions and helps with evidence.
Yes it would be a good use case, it could be fun to put together too with: 10,359,068 Posts in 402,063 Topics by 422,475 Members  (at the time of writing) Will add to our list of use cases. Feel free to come up with more, we'd like to hear what will you do with Factom? |
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Thank you for sharing! |
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Did anyone else just realize the applicability of Factom to the Internet of Things? I'm almost done writing an article about it, and am surprised it isn't talked about more.
We do realize, we have been in talks with some industry players. Thanks for mentioning it and looking forward to see your article. Check it out! http://www.coinssource.com/blockchain-brings-internet-things/ Thanks for sharing, we have added the article to our list of articles |
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To Factom have some IPO or is that only protocol or something over bitcoin?
We will have a crowdsale soon, more details to be announced when we have finalized it. Factom is a data layer for the Bitcoin blockchain. With Factom is really possible to build safer and more secure record keeping on a truly global scale. There are three types of proof that allow Factom to do that: - Proof of Existence: a document existed in this form at a certain time.
- Proof of Process: a document existed and is linked to this new updated document.
- Proof of Audit: an updated document can be verified to have changed according to a set of rules.
Read our WhitePaperRead our Factom Consensus Mechanism Paper Draft, open for Public Review. |
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TNABC 2015 - PAUL SNOW COFOUNDER FACTOM Innovating the Blockchain.Paul Snow presents Factom at TNABC - Miami, enjoy the video, it is pleasant and funny to watch. He's our superstar! 
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Did anyone else just realize the applicability of Factom to the Internet of Things? I'm almost done writing an article about it, and am surprised it isn't talked about more.
We do realize, we have been in talks with some industry players. Thanks for mentioning it and looking forward to see your article. |
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