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Author Topic: [2015-07-18] Factom Experiences Groundbreaking Fundraising Round, Releases Beta  (Read 295 times)
LiteCoinGuy (OP)
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July 18, 2015, 06:29:07 AM
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Factom Experiences Groundbreaking Fundraising Round, Releases Beta

Factom, the startup which believes the use cases of the Bitcoin blockchain extend far beyond financial records and into records of all types, has released an early working version of their concept which currently only runs on the Bitcoin testnet.

http://bitcoinist.net/factom-fundraising-round-and-beta/

"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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mishax1
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July 18, 2015, 06:57:48 AM
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Release Candidate One is not Beta, it's what comes before Beta.  A little misleading article, since the Beta release will contain the launch of the genesis block, factoids trading and more..
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