[ANN] FACTOM - Introducing Honesty to Record-Keeping

[Freefactomizer]

I added to my explorer a ranking for biggest entry credit spenders: https://freefactomizer.com/index.php/explorer/top_credit_spenders/

Two facts:
- Right now only 63 public keys have spent at least 1 entry credit
- The large majority of EC spent are from only 10 public keys.

Any chance of showing EC address instead of hex?

Mainly for egotistical reasons. Be nice to see my name in the Factom hall of fame.

This was simpler to do like that at first, I plan to convert to base 58 address later. I'm also thinking about a tag system where users could name addresses as they want.

[CocoLibre]

https://www.ethnews.com/factom-receives-second-dhs-grant-for-blockchain-iot-project

ETHNews reached out to Factom to see how the project was progressing. Peter Kirby, Co-founder & CEO of Factom, Inc., said:

“Factom finished the first phase with DHS to demonstrate that devices can be secured with the blockchain. We've moved onto a second phase (with a new grant) that explores deeper device level identity and data integrity.”

The second grant was also from Homeland Security, but they have not disclosed the amount. Regarding how the blockchain could specifically help secure IoT security devices from hackers and spoofing, Peter Kirby continued:

“The blockchain lets us tackle two problems:
1) Can you definitively identify the device and have it sign the data it sends?
2) Can you prove the data wasn't modified later?

Once an identity is secured with the blockchain, a spoofing device won't be able to fake that identity. And once the data has been signed and time-stamped in the blockchain, a middleman can't edit or loop the data.”

[poptop]

Dump dump dump without news. We are going to 0,0026

[tempus]

Dump dump dump without news. We are going to 0,0026

The selling has nothing to do with Factom - Bitcoin-price is going up. That's all.

[greentea]

https://www.ethnews.com/factom-receives-second-dhs-grant-for-blockchain-iot-project

ETHNews reached out to Factom to see how the project was progressing. Peter Kirby, Co-founder & CEO of Factom, Inc., said:

“Factom finished the first phase with DHS to demonstrate that devices can be secured with the blockchain. We've moved onto a second phase (with a new grant) that explores deeper device level identity and data integrity.”

Wow, this is good news that made it under the radar, another grant From DHS for an undisclosed amount!  Double kudos from a government entity.

Even though the team/project maybe quiet, news like this should boost confidence they are working behind the scenes to grow the platform. 

Waiting on the Exodus wallet ...

[poptop]

There's a lot of news that serious guys want their business to work on blockchain. Why marketing department of factom doesn't work with them? While they're working on the code, these guys are finding out other partners.

[lolikop]

shapeshift has factoids online again, wont be long till all other exchanges are working as well 

[crazyivan]

There's a lot of news that serious guys want their business to work on blockchain. Why marketing department of factom doesn't work with them? While they're working on the code, these guys are finding out other partners.

Please do not start about Factom and their marketing. We ve discussed this issues several times here and change.

[poptop]

Please do not start about Factom and their marketing. We ve discussed this issues several times here and change.

I've seen it. But hyperledger project could bit factom because they have a lot of many and factom's team are only coding.

[kerrang]

Exodus update from daniel


We are in internal testing now with Exodus and M2 Factom support. Just last night JP and I did our first Factom instant transfer with M2 and it showed up in seconds - it was magical.

Now, before everyone gets all excited, I want to talk a bit about how we release things at Exodus and our plan moving forward...

First, we will NOT release Factom until we test FCT internally with our own funds and do tons of personal exchanges with ShapeShift for at minimum two weeks. We take the releases of new assets very seriously and dogfood every aspect of Exodus before anyone from the outside world gets to touch it. We will not let any customer funds touch Exodus until we have put our own on the line time and time again.

We do not do press releases and do not release early to just hope for the best.

Second, even with Exodus working, we need to spin up multiple (we are thinking 4) redundant Factom servers for Exodus redundancy and backup. Exodus can not be down and we can not have customers wondering why Factoids are not sending, synching, etc. With a multiple backup system and 4x redundancy we can round-robin these dependencies and make sure everyone is always taken care of.

Third, we need to make sure ShapeShift is 100% working with Factom transactions and they are getting sent out in a timely manor. Not for 24 hours but for weeks solid. Again, we have no reason to believe any of these things will not happen and are not happening now - but the difference with us is we will only move when things are rock solid vs. releasing fast and just hoping for the best.

JP and I are now talking about a beta program and if we decide to do that we will announce it in our own Slack and take people from the community that want to get their hands on this early. We will be hitting our initial goal of March regardless - I just hope this gives everyone a bit of a behind-the-schenes glimpse of our choices and decisions.

We try our hardest to take care of everything for our users and hide all the messy behind-the-scenes complexity. When FCT is released things will work like magic and no one has to fight anything. At Exodus we are grateful most of our users are totally new to digital assets. Many have no idea what a blockchain is, what a confirmation is or even the differences between confirmation times - certainly most have no idea what M2 means. :wink:  We embrace this and write code daily for these exact use cases… I want my mom to be able to hold Factom in her portfolio of assets. Overall when we get that done we consider our hardest work a success.

[crazyivan]

Exodus update from daniel


We are in internal testing now with Exodus and M2 Factom support. Just last night JP and I did our first Factom instant transfer with M2 and it showed up in seconds - it was magical.

Now, before everyone gets all excited, I want to talk a bit about how we release things at Exodus and our plan moving forward...

First, we will NOT release Factom until we test FCT internally with our own funds and do tons of personal exchanges with ShapeShift for at minimum two weeks. We take the releases of new assets very seriously and dogfood every aspect of Exodus before anyone from the outside world gets to touch it. We will not let any customer funds touch Exodus until we have put our own on the line time and time again.

We do not do press releases and do not release early to just hope for the best.

Second, even with Exodus working, we need to spin up multiple (we are thinking 4) redundant Factom servers for Exodus redundancy and backup. Exodus can not be down and we can not have customers wondering why Factoids are not sending, synching, etc. With a multiple backup system and 4x redundancy we can round-robin these dependencies and make sure everyone is always taken care of.

Third, we need to make sure ShapeShift is 100% working with Factom transactions and they are getting sent out in a timely manor. Not for 24 hours but for weeks solid. Again, we have no reason to believe any of these things will not happen and are not happening now - but the difference with us is we will only move when things are rock solid vs. releasing fast and just hoping for the best.

JP and I are now talking about a beta program and if we decide to do that we will announce it in our own Slack and take people from the community that want to get their hands on this early. We will be hitting our initial goal of March regardless - I just hope this gives everyone a bit of a behind-the-schenes glimpse of our choices and decisions.

We try our hardest to take care of everything for our users and hide all the messy behind-the-scenes complexity. When FCT is released things will work like magic and no one has to fight anything. At Exodus we are grateful most of our users are totally new to digital assets. Many have no idea what a blockchain is, what a confirmation is or even the differences between confirmation times - certainly most have no idea what M2 means. :wink:  We embrace this and write code daily for these exact use cases… I want my mom to be able to hold Factom in her portfolio of assets. Overall when we get that done we consider our hardest work a success.

Excellent, these people re careful about their product and this is why deliver top shelf stuff. I do not mind waiting till March to get fully function and glitch free product.

[haggis]

Please do not start about Factom and their marketing. We ve discussed this issues several times here and change.

I've seen it. But hyperledger project could bit factom because they have a lot of many and factom's team are only coding.

Factom is a member of the Hyperledger project: https://www.hyperledger.org/about/members

[neo1947]

Please do not start about Factom and their marketing. We ve discussed this issues several times here and change.

I've seen it. But hyperledger project could bit factom because they have a lot of many and factom's team are only coding.

Factom is a member of the Hyperledger project: https://www.hyperledger.org/about/members

It s great to see that Factom in same pool with global giants,Factom running to be new KPMG in coming years,well done!
Thanks for the link.

[crazyivan]

Please do not start about Factom and their marketing. We ve discussed this issues several times here and change.

I've seen it. But hyperledger project could bit factom because they have a lot of many and factom's team are only coding.

Factom is a member of the Hyperledger project: https://www.hyperledger.org/about/members

Wow, this is something. Look at those companies next to Factom logo. Impressed.

[Embat]

http://woobull.com/exodus-wallet-roadmap-a-list-of-upcoming-asset-support/ According to official Exodus white paper FCT integration is re-sheduled in March not February

[poptop]

Factom is a member of the Hyperledger project: https://www.hyperledger.org/about/members

WOW, thanks. I've missed it. It's interesting.

[tempus]

Edit: Deleted the post since the original Spam-Post also was deleted - thanks to the Mods!

[crazyivan]

http://woobull.com/exodus-wallet-roadmap-a-list-of-upcoming-asset-support/ According to official Exodus white paper FCT integration is re-sheduled in March not February

Guess they pushed it to March a bit due to Factom being couple weeks late with implementing M2. No big difference.

[YoyodyneSystems]

Bitcoin hits 8000 yuan (1160 USD) in China by Valentines day then slowly falls back towards 950-1000 USD over the rest of February and March.
That puts a possible FCT mega rise starting anytime after BTC drops from that peak. So mid February through mid March is the sweet spot.
For example, it could slowly ramp up to 0.005 or 0.006 over the next 3-4 weeks and then on the 1st of March shoot straight into it for 10 days to 0.02 or 0.03.
That's just an example obviously but it's not impossible.

Now we are getting really close.

[belowizard]

hey guys. just read this .. any thoughts?

https://cointelegraph.com/news/microsoft-partners-with-tierion-to-develop-immutable-blockchain-for-identities