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Author Topic: [FCT] Factom - A data-centric platform for decentralized applications  (Read 24407 times)
BuildingIM-BenJ
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December 11, 2018, 08:32:12 AM
 #41

After holding my Factoids nearly two years I'm very impressed about the current price in BTC-terms. There is still no way to stake my Factoids, right?

Correct holders cannot stake FCT in any way, it only applies to the nodes.

This only applies for the moment; the node operators are actively working on creating more "standing parties" who will be able to vote.  These categories of standing party are all defined in the white paper, but will include FCT holders for a start.
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December 12, 2018, 09:29:45 AM
 #42

After holding my Factoids nearly two years I'm very impressed about the current price in BTC-terms. There is still no way to stake my Factoids, right?

Correct holders cannot stake FCT in any way, it only applies to the nodes.

This only applies for the moment; the node operators are actively working on creating more "standing parties" who will be able to vote.  These categories of standing party are all defined in the white paper, but will include FCT holders for a start.

Thanks a lot for these informations, it's been too long since I read the details of the white paper.
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December 17, 2018, 10:44:40 AM
 #43

Factom is also on its way to better future but it isn't moving in linear movement. It is also shaking out after little increase to short the profit takers who invested and provided it support but aren't for long. Couple days I was having discussion with a guy was saying it is declining but today he was looking other way. Alternative coins like FCT are preparing atmosphere for next bull run just like last time happened.
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December 19, 2018, 02:39:26 AM
 #44

Paul Bernier of the ANO Luciap published Design Patterns on Factom which is aimed at developers.  It's a great read, especially for you developers out there.

The Factom Protocol is a general purpose data integrity protocol that has been under development since 2014.

Please join us on our Discord server​​​​​​​.
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December 19, 2018, 07:21:09 PM
 #45

Paul Bernier of the ANO Luciap published Design Patterns on Factom which is aimed at developers.  It's a great read, especially for you developers out there.

What languages would someone have to know if they wanted to build something that utilizes factom?
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December 19, 2018, 08:54:43 PM
 #46

Greetings Factom BTCtalk Community!

I'm a big fan of this protocol and ecosystem. Been holding FCT since Spring '17 and sharing it's value prop in my travels.

I also have a podcast called WhatTheFork?! Episode 2: Trust Issues just dropped this morning featuring an interview w the illustrious Paul Snow.

I figure some of you may find it interesting, and it's a great way to share Factom with others. Let me know what you think, and if you like it please share!

https://www.buzzsprout.com/236366/894908-episode-2-trust-issues

Episode Description:

The world has some *serious* trust issues. We don't trust governments. We don't trust corporations. We don't trust people who think or look differently than us. If we're being honest, most of us don't even trust ourselves!

This seems to go to the heart of many of our struggles as a growing, ever more complex civilization. If we wanna keep going and growing we have got to learn how to trust each other. The almighty question is HOW?

Today we're talking with Paul Snow, the inventor of a blockchain platform designed specifically for data integrity. Can blockchain help us learn to trust each other? Let's see what insights Paul has to share on the matter.

*Acknowledgements*

I want to thank Paul Snow for joining us, Adam Koltun for editing the audio on this episode, and a huge thanks to Sphereon for sponsoring WhatTheFork?!
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December 19, 2018, 10:54:03 PM
 #47

Paul Bernier of the ANO Luciap published Design Patterns on Factom which is aimed at developers.  It's a great read, especially for you developers out there.

What languages would someone have to know if they wanted to build something that utilizes factom?
You can utilize the Factom Protocol via pretty much any language or legacy system.  Some libraries have already been created to make this even easier:

Factom.js

Python Client Library

Java client library

C#/.NET Library

An open node has also been created so you don't have to initially set one up:  https://factomd.net/

Please also see the developer portal and developer sandbox setup Guide.  

Both Sphereon and Factom Inc have blockchain solution software and an open API solution is coming soon.
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December 19, 2018, 11:26:58 PM
 #48

Paul Bernier of the ANO Luciap published Design Patterns on Factom which is aimed at developers.  It's a great read, especially for you developers out there.

What languages would someone have to know if they wanted to build something that utilizes factom?
You can utilize the Factom Protocol via pretty much any language or legacy system.  Some libraries have already been created to make this even easier:

Factom.js

Python Client Library

Java client library

C#/.NET Library

An open node has also been created so you don't have to initially set one up:  https://factomd.net/

Please also see the developer portal and developer sandbox setup Guide.  

Both Sphereon and Factom Inc have blockchain solution software and an open API solution is coming soon.

It's great that more libraries are available for developers familiar with other languages to get started with Factom too. This should be promoted more, it has been a big selling point for a lot of other projects, being able to develop in more well known languages than Solidity.

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December 21, 2018, 11:13:23 AM
 #49

It's most advertised use case is fact logging or data validation and authentication, but it's a data layer. It's a ledger set up in a very data-friendly manner so there are many things you can do on it. For example, several of the ANOs are developing the FAT protocol, which is tokenization on top of Factom.
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December 21, 2018, 03:43:35 PM
 #50

Nice tweet from Factom Inc regarding the drone situation in the UK:

https://twitter.com/factom/status/1076133776835690497?s=21

The Factom Protocol is a general purpose data integrity protocol that has been under development since 2014.

Please join us on our Discord server​​​​​​​.
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December 24, 2018, 03:09:59 AM
 #51

Factom is an open source project but what is the complete details in this project like it's  roadmap or the team composition in this project?
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December 25, 2018, 12:24:36 AM
 #52

Factom is an open source project but what is the complete details in this project like it's  roadmap or the team composition in this project?

It is indeed open source so anyone can contribute. The Authority Node Operators play a big role in forwarding the protocol though. They can submit ideas and apply for grants to build out certain solutions or new products for Factom.

You can read more in the opening post or on the forums: https://factomize.com/forums/

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December 30, 2018, 01:19:06 PM
 #53

It's most advertised use case is fact logging or data validation and authentication, but it's a data layer. It's a ledger set up in a very data-friendly manner so there are many things you can do on it. For example, several of the ANOs are developing the FAT protocol, which is tokenization on top of Factom.

The Factom Protocol is decentralised; no one knows how many customers each ANO has, or how many other companies are building on the Protocol without being associated with an ANO.
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January 02, 2019, 10:01:33 PM
 #54

It's most advertised use case is fact logging or data validation and authentication, but it's a data layer. It's a ledger set up in a very data-friendly manner so there are many things you can do on it. For example, several of the ANOs are developing the FAT protocol, which is tokenization on top of Factom.

The Factom Protocol is decentralised; no one knows how many customers each ANO has, or how many other companies are building on the Protocol without being associated with an ANO.

That's the good thing about it, a lot is communicated about what is in the works, or what is to be coming to the Factom protocol in a relative short time, but there are probably a lot of developments going on behind the scenes too. The coming years will reveal this.

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January 05, 2019, 08:09:40 PM
 #55

         

     Trading manipulation Report to 3 Exchanges, and forced them to take action.

     It's starting to become more and more clear this pump from last months had nothing to do with the work on this coin, but nothing more then a odenairy price manipulation.

     That's why we have report this to 3 exchanges and force them to take action against it, so normal traders will not be left with big losses.

     We force them to lock the transfer of FCT between exchanges so the manipulation of there trading scam will not work anymore.

     We warning people to be careful if they invest in this coin right now, because after this report there will be a dump of coins possible by the scammers.

     Its only a warning, we not say it will be happening !!!!

     And we also not post this report to push the price down, no we do because the signs on 3 trading platforms show this scam going on, and you can see for yourself to.

    down here a picture with the prove of how they trade, but you better look for yourself.

    The key point is that trading platforms have to look better on this kind of manipulation of price pumps and dumps where people can lose big amount of money !!!!!

          https://i.imgur.com/AIoAvUi.jpg
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January 05, 2019, 10:31:05 PM
 #56

       

     Trading manipulation Report to 3 Exchanges, and forced them to take action.

     It's starting to become more and more clear this pump from last months had nothing to do with the work on this coin, but nothing more then a odenairy price manipulation.

     That's why we have report this to 3 exchanges and force them to take action against it, so normal traders will not be left with big losses.

     We force them to lock the transfer of FCT between exchanges so the manipulation of there trading scam will not work anymore.

     We warning people to be careful if they invest in this coin right now, because after this report there will be a dump of coins possible by the scammers.

     Its only a warning, we not say it will be happening !!!!

     And we also not post this report to push the price down, no we do because the signs on 3 trading platforms show this scam going on, and you can see for yourself to.

    down here a picture with the prove of how they trade, but you better look for yourself.

    The key point is that trading platforms have to look better on this kind of manipulation of price pumps and dumps where people can lose big amount of money !!!!!

         [cut]


One look into your Post-History is enough to see that you really like using a megaphone - big red letters everywhere. ;-)


1. I wouldn't ever say there is no manipulation, but all markets are manipulated, at least from time to time. And not just in Crypto. So if you want to buy something that's not manipulated, buy a good beer - and don't trade it but drink it.  

2. Not all moves are manipulations and the Factom-team delivered a lot. Plus: Also years ago FCT often moved against the overall markets and especially BTC.

3. Bot-Trading is not necessarily manipulation and you won't find much markets without it

4. Arbitrage also is not necessarily manipulation.

5. That the price is often higher on Poloniex is not surprising and a sign that there isn't even much arbitrage. Polo always was the number 1 for Factom (at least in the Western world) and had more activity and much higher volume while withdrawals and deposits often are to slow to really do effective arbitrage.

6. I don't understand the numbers you point on. For example: Why is the sell on Poloniex you mark as red meaningful (15 FCT) while there are so many that are obviously not copied on Bittrex or Upbit while the trades on Bittrex and Upbit are not even exactly similar to the 15-FCT-Trade on Poloniex?

7. I believe you try to manipulate here... simple FUD-attempt.  

8. Who the hell is "We"? People who act alone often like to say "we" to imply some kind of seriousness or even expertise that's usually not there and nowhere to find in y o u r  post.

9. Since you like to make a case with Screenshos, please show screenshots of your mails you sent to the three exchanges - with timestamps please. Why? Simple:
No matter if you really sent those mails or not, I'm 100% sure it will be funny. Actually I believe you didn't send anything but if you did, I would really like to see how you explain to Bittrex that there is a Bot(?) that makes not exactly the same trade as a bot(?) on Poloniex while even missing all other trades, and the same on Upbit -  and that must be manipulation! ;-)




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January 09, 2019, 02:59:23 PM
 #57

It's good decision to lock the old thread which was creating confusing for the community where to discuss their ideas. This thread have up to date content and more useful stuff to understand about this concept good luck.
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January 09, 2019, 07:59:52 PM
 #58

It's good decision to lock the old thread which was creating confusing for the community where to discuss their ideas. This thread have up to date content and more useful stuff to understand about this concept good luck.


Agreed! But, I'll miss the old Thread - no Thread on Bitcointalk was such a game changer for me like that one.
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January 20, 2019, 01:32:59 AM
 #59

Project looks really solid, is there a rich-list for factom somewhere?
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January 21, 2019, 12:50:49 PM
 #60

Project looks really solid, is there a rich-list for factom somewhere?

Yep, here is the richlist from factoid.org:

https://explorer.factoid.org/data?type=rich&key=factoid

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