[ANN] FACTOM - Introducing Honesty to Record-Keeping

[BrianDeery]

Thanks haggis for comment - again unfortunately - does not seem much related to what I wrote.

If you really think a marketing blondie said something with a value, do not hesitate and enlighten us all, sharing is caring.

Anchoring is every 10 minutes as stated in the whitepaper I linked.

I have never said you have to store in the blockchain 1:1 - you can, but why, just chain - hash. Repeating myself. Again.

BTW there is a FREE service running with API for proven timestamping applied on bitcoin blockchain - guess what - they just chain hashes at the end of the day.

I see you are all selling a thin air

You are confusing proof of existence with proof of publication, i.e. proving the positive vs proving the negative.

An example is that a bitcoin full node proves the negative by examining the entire chain history. To see that a doublespend hasn't happened, all transactions ever are examined.  Axiomatically, if it is not in the blockchain, it didn't happen.

Contrast this with an SPV node like the sildbach wallet.  it relies on the proof of the positive.  a fullnode can show an SPV client that a transaction is in the blockchain, but the full node cannot prove the negative, that the BTC has not been spent earlier.  SPV clients rely on the economic incentives of miners to protect them.

Factom is for client side interpreted applications which need to prove the negative.  if all you need to do is proof of existence, then yes, you can do that yourself or with any other ephemeral service.

We made kind of a big deal about this in the white paper.

[1714745904]

1714745904

[MalReynolds]

Another big potential use case for Factom, to whom I have forwarded this link:

http://www.zerohedge.com/news/2016-09-07/iex-set-revolutionize-gold-trading-blockchain-based-exchange

[Jayjay04]

Really love the new branding !

[D-Lux]

FCT included among 10 coins in new crypto index:

https://www.crowdfundinsider.com/2016/09/89935-dlt-financial-london-fintech-startup-tramonex-releases-global-crypto-currency-financial-index-dlt10/

[crazyivan]

What s up, why so silent suddenly?

[tempus]

What s up, why so silent suddenly?

It's not really silent. Currently there are just more discussions on reddit.

[tempus]

It seems there is a new partnership evolving:

https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit#gid=445871101

"Brave New Coin" - it's not a currency, but:

"BNC delivers blockchain and digital-asset markets news, data, analysis, industry resources and a wide range of data solutions."



Homepage: http://bravenewcoin.com

Currently on Bank of the Future: https://bnktothefuture.com/pitches/brave-new-coin

 

[AJB22]

What s up, why so silent suddenly?

It's not really silent. Currently there are just more discussions on reddit.

Tempus, can you send the link to the Reddit discussion board?

[tempus]

What s up, why so silent suddenly?

It's not really silent. Currently there are just more discussions on reddit.

Tempus, can you send the link to the Reddit discussion board?

Sure: https://www.reddit.com/r/factom/

[greentea]

From Reddit:

Did Factom partner with Brave New Coin?
 
Check the usage statistics starting 8/31:
https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit#gid=445871101

Ancun continues to rise as well

[crazyivan]

From Reddit:

Did Factom partner with Brave New Coin?
 
Check the usage statistics starting 8/31:
https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit#gid=445871101

Ancun continues to rise as well

Almost everything on that spreadsheet continues to rise as well. Good signal for the future.

[D-Lux]

It seems there is a new partnership evolving:

https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit#gid=445871101

"Brave New Coin" - it's not a currency, but:

"BNC delivers blockchain and digital-asset markets news, data, analysis, industry resources and a wide range of data solutions."



Homepage: http://bravenewcoin.com

Currently on Bank of the Future: https://bnktothefuture.com/pitches/brave-new-coin

 

Nice find! Thanks for posting.

[BrianDeery]

For all those running windows and are having trouble with factomd on Milestone1, a helpful community member has developed a fix.

If you were having problems with windows giving panics, please test one of these:
https://github.com/FactomProject/factomd/issues/23

Let us know if it fixed the windows problem you had been seeing.

[ardia]

Brian, if factom ever starts using Ethereum - would it be Ethereum, or Ethereum Classic - or no preference / clients would decide?

[oneyesoneno]

For all those running windows and are having trouble with factomd on Milestone1, a helpful community member has developed a fix.

If you were having problems with windows giving panics, please test one of these:
https://github.com/FactomProject/factomd/issues/23

Let us know if it fixed the windows problem you had been seeing.

Cool. thanks for the info

[schnib]

so whats the fix ?
i didn't get it from the dialog.


Hi Brian,
deleted /.factom and put the 64-bit binary on overnight, synced up fine, restarts perfectly, as far as I can tell theres a working factomd on my windows pc now. ?

[Fuyuki_Wataru]

Looks like the price decline has begun for Factom.

[sluppy]

Looks like the price decline has begun for Factom.

I hope so , I would like to buy cheaper.

[Freckleg]

Looks like the price decline has begun for Factom.

I hope so , I would like to buy cheaper.

neh sorry it is in accumulation phase, descending flag pattern, it is quite bullish

[crazyivan]

Looks like the price decline has begun for Factom.

As soon as M2 gets announced, it ll skyrocket. Price wise, everybody s waiting for that.