[ANN] FACTOM - Introducing Honesty to Record-Keeping

[Freckleg]

hi
l m trying to run factomd but it keeps crashing after running few seconds,
anybody having same issue with running factomd?
hope M2 bring a noob friendly wallet for like me.

Try to run it from command line and not the shortcut.
Type cmd than factomd.exe
I still also have problems with the wallet i can not sync?
It's stuck at block 37209
Anybody know for factoidapermill?,you just create a new adress and private
Key and send to this adress from exchange?do i have this right?
You dont need another program from factom?
Than i can do this and send my factoids from exchange and try to get the wallet
Working later
Thanks

Yes https://medium.com/blockchain-education-network/its-time-to-move-your-coins-off-an-exchange-890bf49288db#.uyg7nayuw

[1714742801]

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[1714742801]

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[1714742801]

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[1714742801]

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[willowfoot]

hi
l m trying to run factomd but it keeps crashing after running few seconds,
anybody having same issue with running factomd?
hope M2 bring a noob friendly wallet for like me.

Try to run it from command line and not the shortcut.
Type cmd than factomd.exe
I still also have problems with the wallet i can not sync?
It's stuck at block 37209
Anybody know for factoidapermill?,you just create a new adress and private
Key and send to this adress from exchange?do i have this right?
You dont need another program from factom?
Than i can do this and send my factoids from exchange and try to get the wallet
Working later
Thanks

I was getting stuck on a certain block as well, to fix I just deleted everything and reinstalled and got it to sync.

Yes, papermill is enough.  You can send FCT to papermill address.  Keep the private key safe somewhere.

When you want to access the FCT you can use the wallet GUI to import  private key ... and send back to exchanges if you want. 

I was able to do this.

[neo1947]

hi
l m trying to run factomd but it keeps crashing after running few seconds,
anybody having same issue with running factomd?
hope M2 bring a noob friendly wallet for like me.

Try to run it from command line and not the shortcut.
Type cmd than factomd.exe
I still also have problems with the wallet i can not sync?
It's stuck at block 37209
Anybody know for factoidapermill?,you just create a new adress and private
Key and send to this adress from exchange?do i have this right?
You dont need another program from factom?
Than i can do this and send my factoids from exchange and try to get the wallet
Working later
Thanks

Thanks for your respond,l have tried from cmd but nothing happens,it suppose to sync to blocks isn t it?it sucks tbh it even worse as l m not techyy,why not just a simple wallet for factoids.
hope we have an easy use wallet soon.
l don t know what s it but there is new activities at github.
https://github.com/factomproject

[flashbit]

http://allcoinsnews.com/2016/08/08/factom-market-report-fctbtc-up-63-86-on-the-month/

[bitcoinrocks]

Nice price action.  Was M2 released?

[tempus]

Nice price action.  Was M2 released?

It's because of an chinese article about a new partnership with http://www.datayes.com/en:

http://www.mingin.com/btc/news/12984-1.html


Google-Translator:

Data Communications announced a partnership with Factom, 3000 Chinese share prices Immediate Release block chain


"As the United States block chain start-up companies Factom, he has received recognition and cooperation of the US National Security Agency. At the same time, is also very optimistic about the Asia-Pacific market, especially the Chinese market, it is learned, Factom companies and Communications data (DATAYES) released collaboration announcement for financial sector developers to provide a new financial tool to connect applications and block chain technology. China president Zhang Zeen Factom company said that for its implementation and development of the application of far-reaching significance of financial products.

It is reported that, Factom companies and Communications data (DATAYES) released collaboration announcement, the stock price data will China more than 3,000 of the most valuable real-time publishing on the block chain, as the financial sector developers to provide connection block chain and financial applications new tool technologies. Huge financial data and ever-expanding field of data collection, has more than 10 million records, and an amazing way to each application provides unprecedented transparency and reliability to help verify and audit the financial system of price data.


China president Zhang Zeen Factom company said that at present, many Chinese listed companies already have global leadership, the Chinese stock market to the global economy influential. Therefore, we firmly believe that these companies will price data available to developers worldwide chain block, which for its implementation and development of the application of far-reaching significance of financial products.

In this stage of the financial situation, data storage, data stored on the block chain is divided into two processes, first published by the exchange market and price changes, and then recorded on the block chain. With the block chain technology matures, the future price data will be recorded directly on the block chain, and ultimately formed by the mark-to-market system (Mark to Market) shift to mark the block chain system (Mark to Blockchain) of.

According to statistics, Data Communications is the first open platform for big data, big data brings together mainly in the areas overseas, finance, industry, business, electricity providers, search, and social media, in the field of artificial intelligence and quantify investment pole a professional. Communications data is initiated by the financial and high-tech experts, a domestic cutting-edge financial advisory and investment management services company Wanxiang Group established. Headquartered in Shanghai Lujiazui financial district, and has offices in Silicon Valley. For more information about Communications data can be accessed datayes.com official website.

Factom (ie fair pass) the company is at the forefront of technological innovation in the field of development of the block chain, government and enterprise application solutions can be provided by Factom, to more convenient and efficient to solve the problem of the integrity of reported data. Also, the block chain data layer which may be provided by the effective integration of traditional business information systems, by means of a mathematical algorithm verification encryption technology, has been resolved can not be tampered with data, and provide more transparent data information. The government and enterprises to create trust and transparency in the real world to open up a new continent.

About Factom (ie fair pass) Company can be accessed factom.com official website.

Source: block chain • pencil ChainB.com, if infringement please contact: mjlzy@mingin.cn."

[xcurry]

Nice price action.  Was M2 released?

Hello, what is M2?

[flashbit]

Nice price action.  Was M2 released?

Hello, what is M2?

Milestone 2 will have a couple of major components. First will be the deployment of a Entry Credit store, where users can buy Entry Credits (basically access to the protocol) without touching any sort of tradable token (this part has been completed). The second will be the release of the consensus algorithm, the software supporting distributed processing of the Factom protocol. Factom will be running on a P2P network and have 8 appointed Federated servers coordinating block creation.

Here is the whitepaper: https://github.com/FactomProject/FactomDocs/blob/master/whitepaper.md

[oneyesoneno]

How do factoids get sent back to the protocol? Is it a kind of burn?

No. The Entry Credits are burned. Entry Credits are non transferable. They can only be used to buy entries. But when they DO buy entries, the Factoid in the protocol that was used to buy the Entry Credits is released. The amount of Factoids varies since the price of Entry Credits per Factoid varies.

The Factoid paid out is calculated by dividing the total number of Factoid in the protocol by the number of outstanding Entry Credits.

The number of Factoids in the protocol and the number of outstanding Entry Credits are all computable from the Entry Chain and the Factoid Chain.
====

Hi guys.. i know that entry credits is burned after being use to entry data... but how about factoid?

can anyone tell me what it means by
"the Factoid in the protocol that was used to buy the Entry Credits is released."
??

The factoid is released to where?

thanks you.

[flashbit]

How do factoids get sent back to the protocol? Is it a kind of burn?

No. The Entry Credits are burned. Entry Credits are non transferable. They can only be used to buy entries. But when they DO buy entries, the Factoid in the protocol that was used to buy the Entry Credits is released. The amount of Factoids varies since the price of Entry Credits per Factoid varies.

The Factoid paid out is calculated by dividing the total number of Factoid in the protocol by the number of outstanding Entry Credits.

The number of Factoids in the protocol and the number of outstanding Entry Credits are all computable from the Entry Chain and the Factoid Chain.
====

Hi guys.. i know that entry credits is burned after being use to entry data... but how about factoid?

can anyone tell me what it means by
"the Factoid in the protocol that was used to buy the Entry Credits is released."
??

The factoid is released to where?

thanks you.

Have a read through of this and all your questions will be answered.

https://github.com/FactomProject/FactomDocs/blob/master/FactomLedgerbyConsensus.pdf

[cheapcoin]

Nice price action.  Was M2 released?

It's because of an chinese article about a new partnership with http://www.datayes.com/en:

http://www.mingin.com/btc/news/12984-1.html


Google-Translator:

Data Communications announced a partnership with Factom, 3000 Chinese share prices Immediate Release block chain


"As the United States block chain start-up companies Factom, he has received recognition and cooperation of the US National Security Agency. At the same time, is also very optimistic about the Asia-Pacific market, especially the Chinese market, it is learned, Factom companies and Communications data (DATAYES) released collaboration announcement for financial sector developers to provide a new financial tool to connect applications and block chain technology. China president Zhang Zeen Factom company said that for its implementation and development of the application of far-reaching significance of financial products.

It is reported that, Factom companies and Communications data (DATAYES) released collaboration announcement, the stock price data will China more than 3,000 of the most valuable real-time publishing on the block chain, as the financial sector developers to provide connection block chain and financial applications new tool technologies. Huge financial data and ever-expanding field of data collection, has more than 10 million records, and an amazing way to each application provides unprecedented transparency and reliability to help verify and audit the financial system of price data.


China president Zhang Zeen Factom company said that at present, many Chinese listed companies already have global leadership, the Chinese stock market to the global economy influential. Therefore, we firmly believe that these companies will price data available to developers worldwide chain block, which for its implementation and development of the application of far-reaching significance of financial products.

In this stage of the financial situation, data storage, data stored on the block chain is divided into two processes, first published by the exchange market and price changes, and then recorded on the block chain. With the block chain technology matures, the future price data will be recorded directly on the block chain, and ultimately formed by the mark-to-market system (Mark to Market) shift to mark the block chain system (Mark to Blockchain) of.

According to statistics, Data Communications is the first open platform for big data, big data brings together mainly in the areas overseas, finance, industry, business, electricity providers, search, and social media, in the field of artificial intelligence and quantify investment pole a professional. Communications data is initiated by the financial and high-tech experts, a domestic cutting-edge financial advisory and investment management services company Wanxiang Group established. Headquartered in Shanghai Lujiazui financial district, and has offices in Silicon Valley. For more information about Communications data can be accessed datayes.com official website.

Factom (ie fair pass) the company is at the forefront of technological innovation in the field of development of the block chain, government and enterprise application solutions can be provided by Factom, to more convenient and efficient to solve the problem of the integrity of reported data. Also, the block chain data layer which may be provided by the effective integration of traditional business information systems, by means of a mathematical algorithm verification encryption technology, has been resolved can not be tampered with data, and provide more transparent data information. The government and enterprises to create trust and transparency in the real world to open up a new continent.

About Factom (ie fair pass) Company can be accessed factom.com official website.

Source: block chain • pencil ChainB.com, if infringement please contact: mjlzy@mingin.cn."

Great news, no wonder the price is skyrocketing. Factom is one of the best startup in US. Congrats.

[oneyesoneno]

How do factoids get sent back to the protocol? Is it a kind of burn?

No. The Entry Credits are burned. Entry Credits are non transferable. They can only be used to buy entries. But when they DO buy entries, the Factoid in the protocol that was used to buy the Entry Credits is released. The amount of Factoids varies since the price of Entry Credits per Factoid varies.

The Factoid paid out is calculated by dividing the total number of Factoid in the protocol by the number of outstanding Entry Credits.

The number of Factoids in the protocol and the number of outstanding Entry Credits are all computable from the Entry Chain and the Factoid Chain.
====

Hi guys.. i know that entry credits is burned after being use to entry data... but how about factoid?

can anyone tell me what it means by
"the Factoid in the protocol that was used to buy the Entry Credits is released."
??

The factoid is released to where?

thanks you.

Have a read through of this and all your questions will be answered.

https://github.com/FactomProject/FactomDocs/blob/master/FactomLedgerbyConsensus.pdf

ty... case solved.. found this:

“Factoids are demanded and removed from circulation when users buy Entry Credits (EC) to use Factom. The Factoid/EC exchange rate is set by the Federated servers. The goal is to have a stable price for EC. This will allow Factom users to ignore the Factoid price if it goes up or down, just like how Gmail users can ignore the Google share price”. – Brian Deery, Factom Chief Scientist.

[D-Lux]

Does anyone know if there are any OTC services for FCT? Thanks in advance.

[crazyivan]

Someone said whales are dumping? So where s that big dump u re talking about? All I see is price going up and up. 

[nowhere man]

Someone said whales are dumping? So where s that big dump u re talking about? All I see is price going up and up. 

You've cheered up. 

[crazyivan]

Someone said whales are dumping? So where s that big dump u re talking about? All I see is price going up and up. 

You've cheered up. 

What do you mean, I ve always been cheerful. You can call me Mr.Smiley!

[pekacoin]

http://chainb.com/?P=Cont&id=1705

[nowhere man]

Someone said whales are dumping? So where s that big dump u re talking about? All I see is price going up and up. 

You've cheered up. 

What do you mean, I ve always been cheerful. You can call me Mr.Smiley!

Crazy Smiley 

Best of luck to you all, and a big thanks to the factom team for all the work they've done.

Now if I can just work through that guide on medium to get factomd to sync........

[neo1947]

Hello Factom
l ve deleted and reinstalled Factom but still having problem running Factomd on win7,it s keep crashing.ls there anyone to help me to go through with basic steps to solve this issue pls?
l have tried to run from cmd it just shows github related not syncing blocks.
any help?
Regards

[MoveCrypto]

encountering some resistance at 0.00420 before we blast up to the next resistance level, 0.005