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Factom Protocol Newsletter

April 1, 2019

Welcome to the April 1st, 2019 edition of the Factom Protocol newsletter. In case you missed it, here's the March 15th edition.

Usage and Development

The Factom Protocol continues to see real-world usage with more on the horizon. The protocol metrics site Factoshi showcased a rise in cumulative entries from 17,415,281 to 17,486,546 in the last 30 days.
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Total chains increased from 7,875 to 8,189. "Chains" are client defined sequences of entries relevant to an application.

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Paul Bernier of the Authority Node Operator Luciap released joi-factom, which is a convenient tool to make the development of Factom applications easier for JavaScript developers. It extends Joi, a popular JS object schema validation library, to enable the ability to validate common Factom identifiers: Factoid addresses, Entry Credit addresses, and digital identity keys. One use case is to ensure that the user input of your program is valid.

The Authority Node Operator Federate This provided a quarterly update where they talk about the impending release of their mobile signing app that makes use of the Factom Protocol. We're all hoping they get some traction that results in increased usage of the protocol. We'll be sure to let you know when the app is released so you can try it out and let other parties know about it.

Mitchell on Discord released a rust client for the Factom API. You can find the docs here.

Triall, which is slated to conduct the first Initial Token Offering on the Factom Protocol using the Factom Asset Tokenization protocol, was awarded the Seal of Excellence by the European Commission.

"Who," the Core Developer from Factomize, wrote a blog post about the Factom p2p network. In case you missed it, his last blog post can be seen here.

Governance

Factom Protocol Authority Node Operators (ANOs) are the international coalition of companies that provide the infrastructure that decentralizes the Factom Protocol. In return for their services, they receive up to 1,123 FCT (the market traded token of the protocol) per month, per server they operate. All ANOs currently run two servers (they will be reduced to one in the future) and thus earn up to 2,246 FCT per month. On April 15th, the next ANO election process will begin. Now is the time to begin establishing yourself within the community if your company is interested in becoming an ANO. If you'd like to learn more, please read this information.

The process by which the community website factomprotocol.org will be operated in a decentralized matter is going through ratification in this thread.

Marketing

The protocol's YouTube channel has a few new short explainer videos that have been uploaded in the last two weeks. Be sure to take a look and subscribe to the channel.

Consensus Networks wrote a blog post about the case for blockchain in health care which mentions the Factom Protocol.

We'll see you in a couple of weeks.