[ANN] FACTOM - Introducing Honesty to Record-Keeping

[FACTOM]

We are pleased to announce a collaboration between Serica + Factom.
Read the details on our blog.
We have hosted a Hangout with the founders of both teams which you can watch below.

[FACTOM]

We are pleased to announce a collaboration between Coinapult + Factom.
Read the details on our blog.
We have hosted a Hangout with the founders of both teams discussing the announcement:

[FACTOM]

Bitcoin 101 - A Million Killer Apps - Part 2 - Blockchains & A Global Shared History

World Bitcoin Network (James D'Angelo) introduces Factom and Paul Snow in his latest video.



Very interesting historical reasons and use cases as to why Factom is needed.
We are hard at work to contribute to a better, more honest, and immutable record keeping.
Factom section starts at 29:16.

[CreationLayer]

Coinapult partnership looks great.

Glad there's a partner for hedging, and coinapult is willing to open their books and be more transparent.

[mishax1]

Very nice!  Keep those news coming, don't be like mastercoin ("we're working in the background, we're doing many things but no one knows that..").. 

[provenceday]

it's a great Project.

Will watch this for sure.

[YESConnie]

This is an excellent video!

Great to see Factom get its rightful praise!! Really exiting times we're living in.

Bitcoin 101 - A Million Killer Apps - Part 2 - Blockchains & A Global Shared History

World Bitcoin Network (James D'Angelo) introduces Factom and Paul Snow in his latest video.

https://i.imgur.com/IB3WYmc.png

Very interesting historical reasons and use cases as to why Factom is needed.
We are hard at work to contribute to a better, more honest, and immutable record keeping.
Factom section starts at 29:16.

[YESConnie]

Absolutely! This is more great news.

Coinapult partnership looks great.

Glad there's a partner for hedging, and coinapult is willing to open their books and be more transparent.

[FACTOM]

We are pleased to announce a collaboration between Tradle + Factom.
Read the details on our blog.
We have hosted a Hangout with the founders of both teams discussing the announcement:

[coin@coin]

How do I invest??
I'm throwing my money at the screen nothing is happening. Help!
Take my money please!!! I want to invest tell me how.
I cannot wait to put ALL of my money into this.

They are partnering with Koinify for their Token Sale. If you read a few posts above it shouldn't be much longer.
Also looking forward to this! Factom to the moon!

[Blawpaw]

To the uninformed user, and in particular for those who haven’t  even heard or don’t know what Bitcoin is and how it works, it can be hard to understand how Factom technology works.

Factom kinds a looks like Ethereum to me; it presents a decentralized autonomous solution that can be used in all areas. But in Factom case it works more like a semi- decentralized autonomous network because it’s based on a federated server model.

By introducing a futuristic and functional network Factom is introducing a new scale on top of the Blockchain – The Blockchain is a giant ledger where you can store anything, and everybody has access to; it is also an extremely versatile technology because it can be used for practically everything. For now we’re just using it for currency, but it can be extremely useful for various applications.

As I already heard Peter Kirby saying, Imagine the Blockchain as the TCP/ IP as the internet protocol that basically sends bits around then Factom can be the HTTP; the structured data that allows you to build the interesting and functional tools on top of that. Within this environment, Factom will be the application that structures, processes, stores and deploys data on top of the Blockchain. This way Factom becomes a completely new ledger that can be used for storing, auditing and managing data on top of the Blockchain without having to rely on the specific rules of the Blockchain because it uses its consensus algorithm to outstrip the Blockchain limitations. Factom decreases the cost of running millions of transactions while it introduces the needed speeds to manage an optimized processing of the data into the Blockchain ledger.

Factom presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !

[cbeast]

Factum presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !

Pitchman!

[Blawpaw]

Factum presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !

Pitchman!

lol... I am a supporter, a believer in this technology and just for doing that you're calling me a Pitchman??? Can't I express what I think about the technology without being accused of promoting it. At least if that was the case, I would like to be paid! It makes no sense at all. If I were to make similar assumptions as you did, I would say everyone here is a Pitchman, and you're a troll...
Oh and if I was a Pitchman I would be selling something of superior quality and not inferior goods; FactOm (not factum ) technology doesn't need a Pitchman to shout how great its technology is!

[FACTOM]

Factum presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !

Pitchman!

lol... I am a supporter, a believer in this technology and just for doing that you're calling me a Pitchman??? Can't I express what I think about the technology without being accused of promoting it. At least if that was the case, I would like to be paid! It makes no sense at all. If I were to make similar assumptions as you did, I would say everyone here is a Pitchman, and you're a troll...
Oh and if I was a Pitchman I would be selling something of superior quality and not inferior goods; Factum technology doesn't need a Pitchman to shout how great its technology is!

We thank you for the support, Blawpaw.

And the confirmation that he/she is not a pitchman is that the name is actually Factom not Factum, a pitchman would spell it right.
 

[Blawpaw]

Factum presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !

Pitchman!

lol... I am a supporter, a believer in this technology and just for doing that you're calling me a Pitchman??? Can't I express what I think about the technology without being accused of promoting it. At least if that was the case, I would like to be paid! It makes no sense at all. If I were to make similar assumptions as you did, I would say everyone here is a Pitchman, and you're a troll...
Oh and if I was a Pitchman I would be selling something of superior quality and not inferior goods; Factum technology doesn't need a Pitchman to shout how great its technology is!

We thank you for the support, Blawpaw.

And the confirmation that he/she is not a pitchman is that the name is actually Factom not Factum, a pitchman would spell it right.
 

Yes at least ... that's a Fact... I hope i get the Token right

[FACTOM]

Bitcoinist.net: Inside Bitcoins Berlin 2015 - Day 1 - Peter Kirby

Watch Peter Kirby present Factom at Inside Bitcoins Berlin.

[cbeast]

Factum presents a wide number of solutions for any business and has been gathering a lot of partnerships. That’s why I’m already envisioning it as the platform that will lead blockchain technology to mainstream adoption. I'm totally going all in with this one! Looking forward to getting my hands on some Tokens:P !

Pitchman!

lol... I am a supporter, a believer in this technology and just for doing that you're calling me a Pitchman??? Can't I express what I think about the technology without being accused of promoting it. At least if that was the case, I would like to be paid! It makes no sense at all. If I were to make similar assumptions as you did, I would say everyone here is a Pitchman, and you're a troll...
Oh and if I was a Pitchman I would be selling something of superior quality and not inferior goods; Factum technology doesn't need a Pitchman to shout how great its technology is!

We thank you for the support, Blawpaw.

And the confirmation that he/she is not a pitchman is that the name is actually Factom not Factum, a pitchman would spell it right.
 

Yes at least ... that's a Fact... I hope i get the Token right

The difference between going "all in" with a PoW cryptocurrency vs an ICO is that you invite scammers to target the technology. It's the same as the premined altcoins. I suppose if they offer a burn address for bitcoins that will suffice as proof they are not scamming. But they have to actually give you a working token, not a placeholder token. So far, I have not seen this offer. So to say you are "all in" is purely hype. I will take back the pitchman accusation when there is an actual offer of working factoids that are either bought through PoB or capital investment in the FACTOM network and not merely a pump and dump ICO

[FACTOM]

The difference between going "all in" with a PoW cryptocurrency vs an ICO is that you invite scammers to target the technology. It's the same as the premined altcoins. I suppose if they offer a burn address for bitcoins that will suffice as proof they are not scamming. But they have to actually give you a working token, not a placeholder token. So far, I have not seen this offer. So to say you are "all in" is purely hype. I will take back the pitchman accusation when there is an actual offer of working factoids that are either bought through PoB or capital investment in the FACTOM network and not merely a pump and dump ICO

If you watch the video right above, Peter Kirby explains why there is a need for Factoids and what they are used for.

[kjn311]

How many total factoids?

[RoadStress]

The difference between going "all in" with a PoW cryptocurrency vs an ICO is that you invite scammers to target the technology. It's the same as the premined altcoins. I suppose if they offer a burn address for bitcoins that will suffice as proof they are not scamming.

Small unrelated question: Offering a burn address for bitcoins will make those bitcoins not-usable at all forever?