Author Archives: dchapman

Thoughts on Today’s Factom AMA

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Factom held an AMA today with their Vice President of Sales, Jason Nadeau and their new CMO, Jay Smith which you can read here. Below are some of the more interesting tidbits that make me feel the Factoid (FCT) should be a top 20 token when compared to the tokens with higher market caps. And I’m not the only one…

How Factom may end counterfeiting, secure identities, and change the way many businesses and governments operate

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The Factom Protocol with its’ Factoid (FCT) token is a global utility that aims to be the means by which the world ensures data integrity and and finally secures identities. As an open protocol anyone can utilize, the possibilities are nearly endless. Factom Inc., is developing enterprise level applications that will utilize the protocol and establishing highly strategic partnerships in…

What’s New With Factom?

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The price of Factom as of late hasn’t reflected all the great things going on the last couple of months. Cryptozod recently wrote an article detailing what’s new with Factom here: https://cryptozod.wordpress.com/2017/10/05/factom-fct-whats-new/ and it’s well worth a read.

How Factom May One Day Be Utilized By Most Mobile Phones

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Factom (FCT) is a cryptocurrency data layer that some refer to as TCP/IP for data integrity. Many feel it is extremely undervalued when compared to other crypto as it solves enormous real world problems and has working products and clients. Factom can be difficult to understand, in part, because the team tends to be very quiet about what they’re doing…

The Genius of the Factom Two-Token System

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The majority of internet traffic runs on the TCP/IP protocol yet few understand how it works or even know that it exists. Technology integrates it seamlessly so that we don’t have to. If Factom is successful, businesses and people will one day use the Factom Protocol in much the same way when they want to ensure the integrity of their…

Short Term Factom (FCT) Valuation

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There have been many attempts as of late to try to determine a proper short term valuation for Factoids (FCT) which are used in the Factom protocol. I created a medium term valuation article found here, but people are concerned because, at present, the network cannot handle the number of transactions per second (TPS) needed to justify such a valuation.…

Paul Snow on Factom’s Scalability

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88mph asked the following in the Factom Slack, I was listening to an interview with one of the heads of LBRY a few days ago, and he made the point that while there’s a lot of discussion around scaling various blockchains, none has shown how to do so successfully “in the wild.” Meaning that all blockchains with significant usage are…

The, “Flippening” will not be BTC > ETH. It will be BTC > FCT as FCT will become the preferred global store of value

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We live in the Information Age yet our data is easily compromised and falsified.  Factom with their Factoid (FCT) token is changing this as they have developed a scalable data layer for cryptocurrency that will secure the world’s data and make it immutable and easily auditable.  In my opinion, this alone will create tremendous value.  As of this writing, the market…

Factoid Valuation

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*edit* July 24th, 2017** These first couple of years, the Factom (FCT) price will probably be driven primarily by speculation regarding the future use of the prototol rather than current EC usage. However, the below is still a worthwhile exercise regarding Factom’s price potential. In my opinion, Factom is one of, if not the most undervalued cryptocurrencies due largely to…

How to Secure Your Factoids with Factom Papermill on Windows

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If you’re like me, you have enough Factoids (Factom cryptocurrency tokens) on Poloniex where you occasionally wake up sweating and check to make sure the site hasn’t been hacked.  You’ve been waiting for a 3rd party wallet and are getting frustrated by the delays.  You’ve heard of the Factoid Papermill and Factom Enterprise Wallet but either heard they’re a pain…