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Factom Protocol Newsletter

January 1, 2020

Welcome to the January 1st, 2020 edition of the Factom Protocol newsletter. A very happy new year to all of you.

Usage and Development
Metrics from the last month prove that the Factom Protocol is one of the most used blockchain platforms in crypto. The protocol metrics site Factoshi showcased a rise in cumulative entries from 19,823,825 to 22,278,035 over the last 3 months.

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The Factom Open Node hit a new record with more than 150 million requests in the last month.

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More than 1.2 million FCT has now been burned to capitalize PegNet, the stablecoin and synthetics network built on top of the Factom Protocol.

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Source

The burning of FCT to capitalize PegNet has turned FCT into a deflationary cryptocurrency.

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Source

A MetaMask-like browser extension has been created by Factomatic for the Factom Protocol called Kambani. Its first use is as a secure vault for a PegNet GUI wallet. It opens up a host of use cases for Factom and has decentralized identity support built in.

The FAT desktop wallet was released by Luciap. This wallet not only supports FCT and EC, but all tokenized assets released using the Factom Asset Token Protocol.

Kompendium released a PegNet client library for Rust.

Kompendium also released a PegNet Open Node.

Factomize released a paper describing decentralized shorting on PegNet with no counter party or margin fees.

The PegNet roadmap is live on PegNet.org.

An ERC20 wrapper was created for PegNet assets and now many pAssets are listed on the https://idex.market/ DEX.

News

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Factom Inc announced that their customer, Avanta Risk Management, has released the newest version of their software to their users with an integration into Harmony Connect. This production release brings verifiable authenticity and transparency to the HOA industry by securing their documents on the public Factom Blockchain.

General Info

A USA-based exchange named qTrade has added a PEG / BTC pair.

Bilaxy, an Asian exchange, added FCT pairs BTC and USDT.

We'll see you next month.