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LucioTan
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July 22, 2016, 09:02:20 AM |
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Factom Get a handle on disparate data, conduct in-depth analysis, and discover more valuable insights in a unified, customizable environment. Sync legacy systems, communicate easily with partners, and meet regulatory mandates. Have meaningful trade oversight by monitoring risk exposure in real time. It is a “Distributed Network of Authority” vs a traditional “Certification Authority”. By decentralizing a hackers point of attack, it becomes exponentially more difficult to spoof a Certificate of Authority.
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The forum was founded in 2009 by Satoshi and Sirius. It replaced a
SourceForge forum.
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tempus
Legendary
 Offline
Activity: 1960
Merit: 1128
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July 22, 2016, 09:54:54 AM
Last edit: July 22, 2016, 10:05:49 AM by tempus |
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Thanks tempus! It really does seem like they have a lot in the hopper: M2, EthereumAPI, Honduras, Chinese smart cities, DHS, 3 million entries milestone ...
No problem! And yes. I even believe that the news we know about could be just the tip of an iceberg. Most likely there is much more they don't speak about because they can't --> NDA's. Tempus are you signed in on Bnkofthefuture ? Factom is doing a shares sale round now about 5 million dollar raised. But coolest part if you sign in there you can get extra information documents, negotiations , expectations etc  just a tip for people. Okay, thanks for the advice! |
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D-Lux
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July 22, 2016, 04:22:51 PM |
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Tempus are you signed in on Bnkofthefuture ? Factom is doing a shares sale round now about 5 million dollar raised. But coolest part if you sign in there you can get extra information documents, negotiations , expectations etc just a tip for people. Hey Mrboot, any chance of giving a summary of the investor docs? I have a bnktothefuture account but am a US citizen so the information isn't available to me. I believe the details of the docs would be covered by confidentiality, but I think(?) it's OK to share general impressions. Can't say I'm not curious! ... |
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crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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July 22, 2016, 05:44:55 PM |
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M2 dealine? Anyone care to guess? How soon can we expect it?
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Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
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July 22, 2016, 10:33:32 PM |
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I've been away for a while - been pulled away by the wider world - but while I was away, I've been keeping a close but intermittent eye on the Factom market at Polo. I can tell you what's been keeping the price down: short sellers.
Until recently, the daily rates on the Lending market were fantastic: nothing like what they had been like before a couple of weeks ago. There's been a lot of demand for Factoids by short sellers to dump on the market. An I have to admit, I've been one of the suppliers.
The fascinating part of the action I've seen is the fact that the shorters haven't made out all that well, unless they were lucky or nimble. Their collective effect has been to hold back Factom's rise rather than torpedo it.
FWIW, the Lending rates have sunk back to 0.045%. I think the shorters are tiring out.
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D-Lux
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July 23, 2016, 04:07:50 AM |
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Now slipping to .036 ...
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MadCow
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July 23, 2016, 06:34:54 AM |
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Does FACTOM have a web wallet?
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whiteorg72
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July 23, 2016, 06:40:35 AM
Last edit: July 23, 2016, 06:51:43 AM by whiteorg72 |
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MadCow
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July 23, 2016, 06:46:01 AM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) |
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whiteorg72
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July 23, 2016, 06:59:03 AM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) No, this is the main and only web wallet. No have other Factom wallet. The base data wallet downloaded for 3 hours. I think that now it is the only way to check your factoids. |
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MadCow
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July 23, 2016, 07:24:54 AM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) No, this is the main and only web wallet. No have other Factom wallet. The base data wallet downloaded for 3 hours. I think that now it is the only way to check your factoids. Ok, thanks for that! A lite wallet would be great, maybe one day soon |
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whiteorg72
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July 23, 2016, 07:28:14 AM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) No, this is the main and only web wallet. No have other Factom wallet. The base data wallet downloaded for 3 hours. I think that now it is the only way to check your factoids. Ok, thanks for that! A lite wallet would be great, maybe one day soon Unfortunately no. Factom team already many times reported that another wallet will not be because they are not interested. |
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neo1947
Sr. Member
Offline
Activity: 449
Merit: 250
don t touch my Bits
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July 23, 2016, 01:22:44 PM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) if you run Keymaker will ask your 12 words from koinify then youll get a generated key to check your balance on Factom blockchain. hope this help. |
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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July 23, 2016, 01:29:01 PM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) No, this is the main and only web wallet. No have other Factom wallet. The base data wallet downloaded for 3 hours. I think that now it is the only way to check your factoids. Ok, thanks for that! A lite wallet would be great, maybe one day soon Unfortunately no. Factom team already many times reported that another wallet will not be because they are not interested. That's not totally correct: Quote - Reddit - TannerBeau: "I'm a designer with Factom. I can probably say that UX/UI has been given some love. There are some other factors preventing an updated release, but it is in the pipeline and shouldn't be much longer.
I am hopeful that there will be a couple more-friendly wallet solutions available relatively soon after milestone 2."https://www.reddit.com/r/factom/comments/4tim4z/factom_series_a_and_its_valuation/d5i36tnWhat they basically said was that their priorities are on the Milestones. But I have no doubt that it all will become much more user-friendly over time. |
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flashbit
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July 23, 2016, 01:48:40 PM |
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Bitcoin: The Trust Anchor in a Sea of Blockchainshttp://www.coindesk.com/bitcoin-the-trust-anchor-in-a-sea-of-blockchains/Brian Deery, chief scientist at Factom, wrote an excellent history of timestamping, in which he argues that a secure timestamped record wasn’t feasible before the existence of secure digital value. Deery writes: "There needed to be a way to entice people to brute force hash chains. A good way of doing that would be to give them money." It’s worth noting that anchoring does not automatically make a service's data as immutable as bitcoin's data, but it does provide a strong guarantee that any tampering will be evident. A recommended best practice for these services is to provide easy-to-use tools for users to verify the anchors against the state of the system. Why is this so important? I think Paul Snow, CEO of Factom, stated it best: "One of the things about immutable ledgers is they tend to be honest because it's very hard to know today what lie I want to tell tomorrow. And if the lie has to be in the ledger and I don’t know what the lie is going to be until tomorrow then basically my ability to lie is dramatically reduced."
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flashbit
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July 23, 2016, 01:49:44 PM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) No, this is the main and only web wallet. No have other Factom wallet. The base data wallet downloaded for 3 hours. I think that now it is the only way to check your factoids. Ok, thanks for that! A lite wallet would be great, maybe one day soon Unfortunately no. Factom team already many times reported that another wallet will not be because they are not interested. That's not totally correct: Quote - Reddit - TannerBeau: "I'm a designer with Factom. I can probably say that UX/UI has been given some love. There are some other factors preventing an updated release, but it is in the pipeline and shouldn't be much longer.
I am hopeful that there will be a couple more-friendly wallet solutions available relatively soon after milestone 2."https://www.reddit.com/r/factom/comments/4tim4z/factom_series_a_and_its_valuation/d5i36tnWhat they basically said was that their priorities are on the Milestones. But I have no doubt that it all will become much more user-friendly over time. Great catch tempus! |
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whiteorg72
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July 23, 2016, 01:51:46 PM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) No, this is the main and only web wallet. No have other Factom wallet. The base data wallet downloaded for 3 hours. I think that now it is the only way to check your factoids. Ok, thanks for that! A lite wallet would be great, maybe one day soon Unfortunately no. Factom team already many times reported that another wallet will not be because they are not interested. That's not totally correct: Quote - Reddit - TannerBeau: "I'm a designer with Factom. I can probably say that UX/UI has been given some love. There are some other factors preventing an updated release, but it is in the pipeline and shouldn't be much longer.
I am hopeful that there will be a couple more-friendly wallet solutions available relatively soon after milestone 2."https://www.reddit.com/r/factom/comments/4tim4z/factom_series_a_and_its_valuation/d5i36tnWhat they basically said was that their priorities are on the Milestones. But I have no doubt that it all will become much more user-friendly over time. Let's hope that normal wallet will be created in the future. Because now I use them constantly and constantly use foul language when it is used as the main problem is the synchronization of the wallet, which is constantly slows. |
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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July 23, 2016, 08:57:02 PM |
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Very interesting article: Bitcoin: The Trust Anchor in a Sea of Blockchainshttp://www.coindesk.com/bitcoin-the-trust-anchor-in-a-sea-of-blockchainsFactom (Paul Snow and Brian Deery) - mentioned here: "(...) The Benefits of Immutability
While bitcoin is still mainly seen as digital currency, it’s essentially a timestamped log with special properties. As such, it can be utilized for far more things than payments and store of value. I presented some of the alternative uses several years ago and the list continues to grow. Brian Deery, chief scientist at Factom, wrote an excellent history of timestamping, in which he argues that a secure timestamped record wasn’t feasible before the existence of secure digital value.
Deery writes:
"There needed to be a way to entice people to brute force hash chains. A good way of doing that would be to give them money."(...) It’s worth noting that anchoring does not automatically make a service's data as immutable as bitcoin's data, but it does provide a strong guarantee that any tampering will be evident. A recommended best practice for these services is to provide easy-to-use tools for users to verify the anchors against the state of the system. Why is this so important? I think Paul Snow, CEO of Factom, stated it best:
"One of the things about immutable ledgers is they tend to be honest because it's very hard to know today what lie I want to tell tomorrow. And if the lie has to be in the ledger and I don’t know what the lie is going to be until tomorrow then basically my ability to lie is dramatically reduced."" |
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MadCow
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July 24, 2016, 02:29:27 AM |
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Is that a lite wallet? I just want to check my coins from the ICO are still there (I'm in deep HODL, just want to check they're OK) if you run Keymaker will ask your 12 words from koinify then youll get a generated key to check your balance on Factom blockchain. hope this help. thanks, where can I get Keymaker from? |
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