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FACTOM (OP)
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December 22, 2014, 08:45:37 PM |
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Was looking for such a project since Zerocoin seems to be off work or at least I don't see any news on it .
Basically your project will be a .exe GUI ?? or a website ? It would be nice if you can work with some wallet to implent this feature off-chain transactions on one the wallets directly (if It's possible of course , don't have a lot of programming knowledge )
I suggest you start with: Read our WhitePaper Checkout our Wiki and FAQIf you have any more questions after that we will be here to answer them  |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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FACTOM (OP)
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December 22, 2014, 08:49:43 PM |
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I like how big this project is thinking and how they are providing these massive use cases. Bitcoin foundation should take note and start producing content that shows just how giant btc will be.
Feel free to send them a message here, it only takes a minute: https://bitcoinfoundation.org/contact/. We will contact them too!  |
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niner
Full Member
 Offline
Activity: 189
Merit: 100
You are here ---------> but you're not all there.
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December 27, 2014, 12:57:04 AM |
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Is Factom still planning to use Omni/Master Protocol? |
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fox19891989
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December 27, 2014, 12:59:37 AM |
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Interesting project. Will there be an ICO/crowdsale? I wanna join it.  |
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romerun
Legendary
Offline
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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December 27, 2014, 02:20:25 AM |
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following
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FACTOM (OP)
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December 27, 2014, 02:35:07 AM |
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Interesting project. Will there be an ICO/crowdsale? I wanna join it. There will be one in early 2015. |
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vanbex
Newbie
Offline
Activity: 9
Merit: 0
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December 27, 2014, 02:41:28 AM |
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Was looking for such a project since Zerocoin seems to be off work or at least I don't see any news on it .
Basically your project will be a .exe GUI ?? or a website ? It would be nice if you can work with some wallet to implent this feature off-chain transactions on one the wallets directly (if It's possible of course , don't have a lot of programming knowledge )
there will be a designated wallet and front end. and i like your idea of a local application for talking to the factom network, this is possible though I am not sure if this is planned for development. |
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FACTOM (OP)
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December 28, 2014, 05:58:14 AM
Last edit: January 01, 2015, 07:52:21 PM by FACTOM |
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Is Factom still planning to use Omni/Master Protocol? We are considering issuing tokens on Omni and Counterparty to be converted to Factoids on Factom at the end of the crowdsale. We want to give our supporters more than one option to participate. We're still exploring a lot of options. Full details to follow shortly. |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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December 28, 2014, 06:55:38 AM |
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watching
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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deliciousowl
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December 28, 2014, 07:09:48 PM |
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FACTOM? I barely knew 'em!
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FACTOM (OP)
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December 28, 2014, 10:27:44 PM |
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FACTOM? I barely knew 'em!
We used to be called Notary Chains, we have now moved to Factom. |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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December 29, 2014, 06:40:26 AM |
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Concerns:
1. Document forgery
2. Document storage
3. Human error in surveys and documents
4. Anonymity
5. Fraudulent assets
Mostly I'm concerned about monetizing sovereign land with decentralized networks. Powerful countries would more easily exploit poor nations. Land ownership requires biometric ID. I can see the benefit of decentralized record keeping like Storj and MaidSafe, but FACTOM seems susceptible to fraud. Bitcoin bloat, speed, and costs, can be addressed in the Bitcoin protocol itself. There will always be counterparty risk with human derived assets and it's best to keep them accountable.
I can see FACTOM become a documentation service like TransUnion.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Arnab biswas
Member
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Activity: 84
Merit: 10
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December 29, 2014, 07:35:22 AM |
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seems a good project....do it fast so i can try it out and if it legal and worked well then i can arrange nearly 50-100people to spend money on it
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juicejoyce
Legendary
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Activity: 882
Merit: 1001
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December 29, 2014, 10:40:40 AM |
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Is Factom still planning to use Omni/Master Protocol? We will issue tokens on Omni and Counterparty to be converted to Factoids on Factom at the end of the crowdsale. We want to give our supporters more than one option to participate. glad to see the use of MSC and XCP, I will join in. |
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deliciousowl
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December 29, 2014, 11:31:09 AM |
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Will you guys be using Counterparty for more than just tokenization?
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FACTOM (OP)
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December 29, 2014, 01:58:54 PM |
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Will you guys be using Counterparty for more than just tokenization?
We are planning our crowdsale for the moment. Once we have some clear guidelines and announcements have been made we can look at the rest. Bear with us in the meantime. |
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cloverme
Legendary
Offline
Activity: 1512
Merit: 1054
SpacePirate.io
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December 29, 2014, 02:58:32 PM |
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Will you guys be using Counterparty for more than just tokenization?
Does Counterparty still destroy bitcoins? I never liked them much after they sent a couple thousand bitcoins to their doom. |
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FACTOM (OP)
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December 29, 2014, 03:33:48 PM |
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Factom Use Case - Protecting Sony Pictures with Blockchain Technology Watch how Blockchain Technology can protect Sony Pictures using Factom and Storj. 
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deliciousowl
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December 29, 2014, 04:26:46 PM |
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Will you guys be using Counterparty for more than just tokenization?
Does Counterparty still destroy bitcoins? I never liked them much after they sent a couple thousand bitcoins to their doom. 2100 destroyed BTC were exchanged automatically for XCP on a protocol level. I don't know why you wouldn't like them for that. It increased the scarcity and therefore the value of Bitcoin... Would you prefer if they raised BTC in an illegal crowdfund like 99.9% of all altcoins? How fantastically that worked out for most projects.  I'm sure many more than 2100 BTC are unspendable due to lost private keys or wallet files... |
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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December 29, 2014, 11:58:43 PM |
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Bitcoin bloat, speed, and costs, can be addressed in the Bitcoin protocol itself. I'm a bit surprised, how so? While you have some points, this is one of the first early, but serious steps of moving off-chain and partially solving the issues mentioned. |
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