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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2110665 times)
MirkoIta
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January 03, 2017, 05:45:02 PM
 #7361


I retweeted and liked it, it'd be great to trade FACTOM for EUR on Kraken

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AlanX
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January 03, 2017, 09:24:18 PM
 #7362

We are taking down the Factom Network to deploy Factom Federation (M2).  Factom transactions  will not be processed for upto 24 hours.   

Just thought you all would like to know!

Paul
willowfoot
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January 03, 2017, 09:35:29 PM
 #7363

We are taking down the Factom Network to deploy Factom Federation (M2).  Factom transactions  will not be processed for upto 24 hours.   

Just thought you all would like to know!

Paul

good news!

Will the Foundation Lightwallet be available shortly thereafter?

Shiroslullaby
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January 04, 2017, 02:48:42 AM
 #7364

Folks, vote for Factom:

What digital currency would you like to see added to Coinbase next?
https://docs.google.com/forms/d/e/1FAIpQLSc2fiKVGs8bBWSzUols16GjetJ0aWx4N1J10SP0NwhG6rdtfg/viewform

I voted for Monero and Factom.
Two projects that I think will go up in value as they are exposed to more users.
2017 could be a very good year for FCT if the new network improves performance and we are able to get the coin listed on more wallets/ exchanges.

crazyivan
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January 04, 2017, 04:52:21 AM
 #7365

We are taking down the Factom Network to deploy Factom Federation (M2).  Factom transactions  will not be processed for upto 24 hours.   

Just thought you all would like to know!

Paul

good news!

Will the Foundation Lightwallet be available shortly thereafter?

I think we ll see both, Foundation light and Exodus wallet, before the end of this month.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
willowfoot
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January 04, 2017, 05:54:57 AM
 #7366

Factom nearing ATH marketcap Smiley


MirkoIta
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January 04, 2017, 10:04:41 AM
 #7367

Factom nearing ATH marketcap Smiley



It's great to see FACTOM rising together with BTC, I'm so happy I bought some at 250K

lolikop
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January 04, 2017, 03:01:12 PM
 #7368

Factom nearing ATH marketcap Smiley



It's great to see FACTOM rising together with BTC, I'm so happy I bought some at 250K

Still way undervalued guess it can blow up anytime now
MirkoIta
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January 04, 2017, 03:02:39 PM
 #7369


Still way undervalued guess it can blow up anytime now

I agree and I'm still holding most of them

crazyivan
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January 04, 2017, 03:07:38 PM
 #7370

Just spoke to Daniel from Exodus. Their wallet including Factom confirmed February. They want to rigorously test M2 before they launch.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
tempus
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January 04, 2017, 03:15:49 PM
 #7371

For those who haven't seen it yet:

https://docs.factom.com

I like their sense of humor! Smiley
Capoboss
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January 04, 2017, 05:33:15 PM
 #7372

Just spoke to Daniel from Exodus. Their wallet including Factom confirmed February. They want to rigorously test M2 before they launch.

Yeah February must do it.
As soon as M2 got rolled out then they will start implementing it.
It will take at least a few weeks before all is done.
crazyivan
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January 04, 2017, 05:59:56 PM
 #7373

Somehow I think we ll see more goodies from Factom as soon as M2 implementation gets done.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
lolikop
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January 05, 2017, 01:20:57 AM
 #7374

ok im ready space suit on lets go to a new ath mcp and usd
belowizard
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January 05, 2017, 04:43:50 PM
 #7375

a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink thanks
Less338
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January 05, 2017, 04:57:33 PM
 #7376

a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink thanks

73k coins will be created each month.
willowfoot
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January 05, 2017, 05:05:59 PM
 #7377

a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink thanks

73k coins will be created each month.

You can view total coins here:
https://factoid.live/

73k coins will be created after M3 is launched.

But also remember coins will be burned as entry credits are used.

belowizard
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January 05, 2017, 11:52:19 PM
 #7378

thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..
tempus
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January 06, 2017, 12:17:00 AM
 #7379

thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.
lolikop
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January 06, 2017, 12:46:11 AM
 #7380

thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

M3 will be released when price is stable @ x3 ATH which is 0.02607
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