[ANN] FACTOM - Introducing Honesty to Record-Keeping

[Josef27]

When asked in the Reddit thread (mentioned below) about M2's release date, Paul Snow replied:

"We are testing, and will release a Test Net first, and run that for a few weeks. If all goes well, then we will release. So I'd watch for the Test Net."

Yeah .. reading between the lines here for those with eyes to see. LOL

Paul seems to play close to the vest, and would rather under promise and over deliver. Factom as a company does that. It's been said before, other crypto's announced in a press release when it's a developers birthday. Factom has so much going on they only announce on real news.

The "So I'd watch for the Test Net." seems like a double entendre. Since it was repeated, hinting at very soon. Just speculating, take it with a grain of salt.

I want to mention something kind of related to Paul and double entendre's it's one of those things that stuck out. Kind of seemed a little non-sequitur, a little out of charter I guess. Watching a youtube video a few weeks ago, Paul was talking at the end I believe to a question in relation to other cryptos, Visa, Master card sized volume transactions, and what Factom can do. "People are going to be blown away at what Factom can do." I'm paraphrasing a little but that's the general statement. To hear Paul say that was kind of a whoa-wow moment that stuck with me.


Edited

[Josef27]

When asked in the Reddit thread (mentioned below) about M2's release date, Paul Snow replied:

"We are testing, and will release a Test Net first, and run that for a few weeks. If all goes well, then we will release. So I'd watch for the Test Net."

Yeah .. reading between the lines here for those with eyes to see. LOL

The "So I'd watch for the Test Net." seem like a double entendre. Hinting to very soon. Just speculating thought take with a grain of salt.

Can someone remind me if the public testnet was promised by end of Sept, or M2?

https://www.reddit.com/r/factom/comments/50a4cl/factom_letter/





Goals For August / September 2016:
Network Goal: Surpass 4,000,000 entries in the Factom Network Investment Goal: Close Series A, add additional strategies. Business Goal: Focus in on key industries with highest profitability. Development Goal: Promote Factom public Testnet release candidate to production

Pretty close to 4mil entries with 2 weeks left to go. Seems they are executing and hitting their targets.

[Mimir]

Looks like FCT blockchain is having major issue

The price is going down and fast. What's going on at Factom?

Looks pretty much the same as yesterday to me.
Got all excited, was about to back up the truck and fill it with factoids.
Definitely not worth getting out of bed for.

[crazyivan]

Looks like FCT blockchain is having major issue

The price is going down and fast. What's going on at Factom?

Looks pretty much the same as yesterday to me.
Got all excited, was about to back up the truck and fill it with factoids.
Definitely not worth getting out of bed for.

Dont think we ll see any major price retreat anymore. I know that price-wise we all expect the same. Factoid to reach Ether high values or at least Monero a few weeks ago. Comparing what Factom can bring to the market, I really cannot understand how come this is not already the case. Big time mystery.

[willowfoot]

What I find surprising is that there are these problems on Polo (not sure about Bittrex, anyone?) since over 24 hours without them saying anything or "temporarily disable" it if they have to fix something.

Just tried it again:

Is that because you are sending the same amount as the fee?

I tried to send 2 FCT to my paper wallet yesterday, but still hasn't shown up in the explorer ...

my 2 FCT just posted to my paper wallet and now shows in the explorer.

Poloniex wallet is enabled again

[nowhere man]

Can anyone confirm if Factom will be at devcon?

[haggis]

Can anyone confirm if Factom will be at devcon?

I only know for sure they are attending IEEE N3XT conference today/tomorrow: https://twitter.com/factom/status/776858217108283393

[D-Lux]

In the last 12 hours there have been two 50+ BTC dumps on the 5-min zoom, but they've done zip to the price. = good sign

#BreathHeldForM2

[crazyivan]

In the last 12 hours there have been two 50+ BTC dumps on the 5-min zoom, but they've done zip to the price. = good sign

#BreathHeldForM2

So 100 BTC dump strategy continues? Hah, guess it does not work anymore. Dumper, it seems you ve lost a lot of money cause strong hands re what s left now and we want to see the price go one way only, UP!

[nowhere man]

In answer to my own question, according to this link:

http://www.blockchainweek2016.org/index_en.html

David Johnston from the factom team will be speaking at devcon 2.

Nice to have some representation.

[arseaboy]

In the last 12 hours there have been two 50+ BTC dumps on the 5-min zoom, but they've done zip to the price. = good sign

#BreathHeldForM2

So 100 BTC dump strategy continues? Hah, guess it does not work anymore. Dumper, it seems you ve lost a lot of money cause strong hands re what s left now and we want to see the price go one way only, UP!

let see how profitable it will be after this huge dump happen good luck to us mate.

[sluppy]

In the last 12 hours there have been two 50+ BTC dumps on the 5-min zoom, but they've done zip to the price. = good sign

#BreathHeldForM2

So 100 BTC dump strategy continues? Hah, guess it does not work anymore. Dumper, it seems you ve lost a lot of money cause strong hands re what s left now and we want to see the price go one way only, UP!

let see how profitable it will be after this huge dump happen good luck to us mate.

What huge dump are u talking about ? did you misread the other posts or you know of an upcoming dump ?
I have trouble understanding what you are trying to say.

Imo FCT going up:)

[CocoLibre]

In answer to my own question, according to this link:

http://www.blockchainweek2016.org/index_en.html

David Johnston from the factom team will be speaking at devcon 2.

Nice to have some representation.

Great to see, Factom team always seems to be present at the conferences that count.

[spike9]

I forget I had bought some factoids on KOINIFY and just found directions to find my address and my balance....but what should i do? leave it there? wherever that is...the blockchain I guess......do i need to open a wallet and put it there? I have the same question with the ether i bought at the launch........i think there was a site to check the balance on it but you cant get in it at the site like you used to.......thanks, steve

[Jayjay04]

Send them to me

[Blazin8888]

This is an interesting document: http://docs.house.gov/meetings/IF/IF17/20160316/104677/HHRG-114-IF17-Wstate-SnowP-20160316.pdf

[tempus]

This is an interesting document: http://docs.house.gov/meetings/IF/IF17/20160316/104677/HHRG-114-IF17-Wstate-SnowP-20160316.pdf

You can watch it on video! ;-)



https://energycommerce.house.gov/hearings-and-votes/hearings/disputer-series-digital-currency-and-block-chain-technology

Disrupter Series: Digital Currency and Blockchain Technology
https://www.youtube.com/watch?v=wIGo9bpPV3A

[tempus]

I forget I had bought some factoids on KOINIFY and just found directions to find my address and my balance....but what should i do? leave it there? wherever that is...the blockchain I guess......do i need to open a wallet and put it there? I have the same question with the ether i bought at the launch........i think there was a site to check the balance on it but you cant get in it at the site like you used to.......thanks, steve

What I would do is to import it to the GUI and if you want to hold, maybe move it to the paperwallet:



- GUI: https://www.factom.com/devs/docs/howto/factoid-wallet-gui-guide

(The "12" for importing the 12-words)


- Papermill: https://www.factom.com/devs/docs/howto/use-factoidpapermill



Or you wait until they release the improved wallet. Paul Snow stated on reddit:
"We are working to improve the wallets too, and we are testing the heck out of M2."


Factoids also will be added to https://www.exodus.io in the near future - together with M2 or short after.

[crazyivan]

I have to say, waiting for this M2 has become really upsetting.

[nowhere man]

Its like that play by Samuel Beckett. Waiting for Godot.....