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Blazin8888
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July 06, 2016, 10:55:56 PM |
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Beautiful! Saw them speak at DEVCON1 last year in London. Looking forward to seeing them this year! Anyone from here going!? - ill see ya there. |
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Mrboot
Legendary
 Offline
Activity: 1204
Merit: 1000
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July 07, 2016, 11:24:33 AM |
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FACTOM you said M2 would be released around feb, its Juli now, i understand development involves deadlines and those are broken a lot, but serieus 5 months already and you cant even give a update !
Whats the delay ? I understand your not in a hurry your earning your money and a good nice return of coins added to that on sales.
But your involved with investors why dont you release any info?
Like this you might get some businesses but eventually people gonna hate your project, while they should love it.
crazyivan is a good example of that!
So instead just earning more and more coins just update us so we know what we invested in and what we can plan, your not the only one that involves money here!
You should look like Maid they dont give a date, but still they update people and have a weekly update! Your just a joke compare to them communication wise.
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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July 07, 2016, 11:35:59 AM |
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FACTOM you said M2 would be released around feb, its Juli now, i understand development involves deadlines and those are broken a lot, but serieus 5 months already and you cant even give a update !
Whats the delay ? I understand your not in a hurry your earning your money and a good nice return of coins added to that on sales.
But your involved with investors why dont you release any info?
Like this you might get some businesses but eventually people gonna hate your project, while they should love it.
crazyivan is a good example of that!
So instead just earning more and more coins just update us so we know what we invested in and what we can plan, your not the only one that involves money here!
You should look like Maid they dont give a date, but still they update people and have a weekly update! Your just a joke compare to them communication wise.
Noooo, never criticize Factom for their failure to deliver. Now u re gonna be attacked by lots and lots of Factom shills and supporters. Fire away boys.  |
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Mrboot
Legendary
Offline
Activity: 1204
Merit: 1000
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July 07, 2016, 11:38:38 AM |
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FACTOM you said M2 would be released around feb, its Juli now, i understand development involves deadlines and those are broken a lot, but serieus 5 months already and you cant even give a update !
Whats the delay ? I understand your not in a hurry your earning your money and a good nice return of coins added to that on sales.
But your involved with investors why dont you release any info?
Like this you might get some businesses but eventually people gonna hate your project, while they should love it.
crazyivan is a good example of that!
So instead just earning more and more coins just update us so we know what we invested in and what we can plan, your not the only one that involves money here!
You should look like Maid they dont give a date, but still they update people and have a weekly update! Your just a joke compare to them communication wise.
Noooo, never criticize Factom for their failure to deliver. Now u re gonna be attacked by lots and lots of Factom shills and supporters. Fire away boys. For saying the truth, i dont really care to be honest. Even the Shills know that they suck in giving updates etc. And im not saying anything about the product cause i like what it can do, but serieusly they cant even give updates while people invest a lot money into their company. Thats just insane |
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Blazin8888
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July 07, 2016, 01:25:48 PM |
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Slow and steady wins the race. Patience is key.
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flashbit
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July 07, 2016, 10:09:51 PM |
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Factom is smart not to reveal M2 progress and or completion until after the halving event given this is where all the focus is at the moment.
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flashbit
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July 07, 2016, 10:15:14 PM |
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Why Blockchain Immutability is a Perpetual Motion Claim For those who store their data 'immutably' in bitcoin, there are currently two competing options for doing so: "OP_RETURN", and 'Transaction Output' (TXO) encodings. OP_RETURN is a relatively recent invention designed to give programmers an easy way to encode their data into transactions without encumbering the function of the blockchain. This mechanism is popular with such meta-protocols as Omni, Open Assets, Blockstack and Factom. "TXO" encoding is less popular, and is used by projects such as Counterparty and Drop Zone. http://www.coindesk.com/immutability-extraordinary-goals-blockchain-industry/ |
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flashbit
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July 08, 2016, 12:05:54 AM |
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Found a cool site that tracks and charts the op_returns on the bitcoin blockchains. Factom activity increasing every month.   http://opreturn.org/ |
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Azael
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July 08, 2016, 06:08:36 PM |
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Ethereum created $1.5 billions in market cap from a funding of some $18 million.
How much value will Factom create with their current number at some $2 million and new round of financing to be disclosed at anytime?
Should end up being something like 1/4 or 1/5 of $18 million this year. Any thoughts? Far fetched? What valuation do you think Factom raises at in their A round? How much value do you think they can create?
Going by these numbers, Factom should be worth something like 1/10 of Ethereum if they can create the value we think they will end up doing this year.
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twitter.com/erikledgers
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BrianDeery
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July 08, 2016, 06:25:20 PM |
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Why Blockchain Immutability is a Perpetual Motion Claim For those who store their data 'immutably' in bitcoin, there are currently two competing options for doing so: "OP_RETURN", and 'Transaction Output' (TXO) encodings. OP_RETURN is a relatively recent invention designed to give programmers an easy way to encode their data into transactions without encumbering the function of the blockchain. This mechanism is popular with such meta-protocols as Omni, Open Assets, Blockstack and Factom. "TXO" encoding is less popular, and is used by projects such as Counterparty and Drop Zone. http://www.coindesk.com/immutability-extraordinary-goals-blockchain-industry/As usual this journalist tends to point in the right direction, but gets details wrong. He is confusing storing with freely serving up data. Often these are the same, but don't have to be. Also, we have maintained all along that factom is for securing data not storing it. There is no guarantee that factom data will be around in the future. A good analogy is that 100 year old newspapers are not found on your doorstep, but if you need one, with enough effort you can find it in microfiche at a library. Factom is good for telling you what to ask for and to make sure you got the right thing once you find it. If you absolutely need to have some data in the future, store it yourself. The data validates itself though, so no one needs to trust your storage system was honest. He is also assuming there needs to be an internal reward for both serving and storing. As bittorrent and IPFS (when available) show that is not the case. People serve up data that is relevent to their community. We see this with bitcoin too. There will always be full nodes even when pruning is common. Their upload bandwidth just might be really slow. Even his view from the perspective of Bitcoin is also only half-true. UTXOs are not stored in ram. https://www.reddit.com/r/Bitcoin/comments/35asg6/gavin_andresen_utxo_uhoh/cr2n147https://www.reddit.com/r/Bitcoin/comments/35asg6/gavin_andresen_utxo_uhoh/cr2vk8x |
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Blazin8888
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July 08, 2016, 08:07:24 PM |
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Why Blockchain Immutability is a Perpetual Motion Claim For those who store their data 'immutably' in bitcoin, there are currently two competing options for doing so: "OP_RETURN", and 'Transaction Output' (TXO) encodings. OP_RETURN is a relatively recent invention designed to give programmers an easy way to encode their data into transactions without encumbering the function of the blockchain. This mechanism is popular with such meta-protocols as Omni, Open Assets, Blockstack and Factom. "TXO" encoding is less popular, and is used by projects such as Counterparty and Drop Zone. http://www.coindesk.com/immutability-extraordinary-goals-blockchain-industry/As usual this journalist tends to point in the right direction, but gets details wrong. He is confusing storing with freely serving up data. Often these are the same, but don't have to be. Also, we have maintained all along that factom is for securing data not storing it. There is no guarantee that factom data will be around in the future. A good analogy is that 100 year old newspapers are not found on your doorstep, but if you need one, with enough effort you can find it in microfiche at a library. Factom is good for telling you what to ask for and to make sure you got the right thing once you find it. If you absolutely need to have some data in the future, store it yourself. The data validates itself though, so no one needs to trust your storage system was honest. He is also assuming there needs to be an internal reward for both serving and storing. As bittorrent and IPFS (when available) show that is not the case. People serve up data that is relevent to their community. We see this with bitcoin too. There will always be full nodes even when pruning is common. Their upload bandwidth just might be really slow. Even his view from the perspective of Bitcoin is also only half-true. UTXOs are not stored in ram. https://www.reddit.com/r/Bitcoin/comments/35asg6/gavin_andresen_utxo_uhoh/cr2n147https://www.reddit.com/r/Bitcoin/comments/35asg6/gavin_andresen_utxo_uhoh/cr2vk8xThought this was cool too... http://www.seattletimes.com/business/microsoft/uw-microsoft-claim-big-breakthrough-with-data-storage-using-dna/In the technology industry, the dense molecules could become a powerful aid in storing and archiving photos, video and other digital information. - Microsoft needs to work with FACTOM. |
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flashbit
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July 09, 2016, 12:08:46 AM |
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Ethereum created $1.5 billions in market cap from a funding of some $18 million.
How much value will Factom create with their current number at some $2 million and new round of financing to be disclosed at anytime?
Should end up being something like 1/4 or 1/5 of $18 million this year. Any thoughts? Far fetched? What valuation do you think Factom raises at in their A round? How much value do you think they can create?
Going by these numbers, Factom should be worth something like 1/10 of Ethereum if they can create the value we think they will end up doing this year.
If they can deliver on M2 (they will), I could see by Q4 - $5-$6 min / 40M-50M cap. With M3 in Q1 2017 even higher. Also add in FOMO and sky is the limit. |
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CocoLibre
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July 09, 2016, 12:16:11 AM |
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Why Blockchain Immutability is a Perpetual Motion Claim For those who store their data 'immutably' in bitcoin, there are currently two competing options for doing so: "OP_RETURN", and 'Transaction Output' (TXO) encodings. OP_RETURN is a relatively recent invention designed to give programmers an easy way to encode their data into transactions without encumbering the function of the blockchain. This mechanism is popular with such meta-protocols as Omni, Open Assets, Blockstack and Factom. "TXO" encoding is less popular, and is used by projects such as Counterparty and Drop Zone. http://www.coindesk.com/immutability-extraordinary-goals-blockchain-industry/As usual this journalist tends to point in the right direction, but gets details wrong. He is confusing storing with freely serving up data. Often these are the same, but don't have to be. Also, we have maintained all along that factom is for securing data not storing it. There is no guarantee that factom data will be around in the future. A good analogy is that 100 year old newspapers are not found on your doorstep, but if you need one, with enough effort you can find it in microfiche at a library. Factom is good for telling you what to ask for and to make sure you got the right thing once you find it. If you absolutely need to have some data in the future, store it yourself. The data validates itself though, so no one needs to trust your storage system was honest. He is also assuming there needs to be an internal reward for both serving and storing. As bittorrent and IPFS (when available) show that is not the case. People serve up data that is relevent to their community. We see this with bitcoin too. There will always be full nodes even when pruning is common. Their upload bandwidth just might be really slow. Even his view from the perspective of Bitcoin is also only half-true. UTXOs are not stored in ram. https://www.reddit.com/r/Bitcoin/comments/35asg6/gavin_andresen_utxo_uhoh/cr2n147https://www.reddit.com/r/Bitcoin/comments/35asg6/gavin_andresen_utxo_uhoh/cr2vk8xThought this was cool too... http://www.seattletimes.com/business/microsoft/uw-microsoft-claim-big-breakthrough-with-data-storage-using-dna/In the technology industry, the dense molecules could become a powerful aid in storing and archiving photos, video and other digital information. - Microsoft needs to work with FACTOM. Factom was one of the first projects to be introduced through Microsoft's Azure platform back in dec 2015; so they are certainly on their radar. I would expect more direct deals with them and other corporate entities down the line once the system is operational. |
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crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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July 09, 2016, 07:02:34 AM
Last edit: July 09, 2016, 08:57:13 AM by crazyivan |
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Ethereum created $1.5 billions in market cap from a funding of some $18 million.
How much value will Factom create with their current number at some $2 million and new round of financing to be disclosed at anytime?
Should end up being something like 1/4 or 1/5 of $18 million this year. Any thoughts? Far fetched? What valuation do you think Factom raises at in their A round? How much value do you think they can create?
Going by these numbers, Factom should be worth something like 1/10 of Ethereum if they can create the value we think they will end up doing this year.
If they can deliver on M2 (they will), I could see by Q4 - $5-$6 min / 40M-50M cap. With M3 in Q1 2017 even higher. Also add in FOMO and sky is the limit. What a trolling BS. Based on what? On one grant and being part of Microsoft Azure. FFS, lots of other coins ve been included into Azure as well. The fact remains, Factom team has failed to deliver for now. Still waiting to see how long will we have to wait for M2. From Q1 to Q3. Sure, 6 months delay in tech world is nothing. Or is it? |
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