Paul Snow used to post here occasionally but due to a few impatient brats he's departed once and for all.

Look guys, most of us are lucky to be little fleas riding on this big pigs back so hang on and enjoy the ride.

This needs to be this thread's official motto.

No. Factom has it's own Blockchain and that's the place for companies. It also puts hashes in the bitcoin-blockchain to proof it wasn't altered in any way. If Bitcoin would fail the history would still be there (in Factom of course but also the history in Bitcoin). And more important: Factom can do that with any Blockchain and most likely they will do it with others.

There are or were plans to anchor in Ethereum as well:

Factom Plans To Anchor Into Ethereum Blockchain
http://themerkle.com/factom-plans-to-anchor-into-ethereum-blockchain/

I don't know if that is still the plan after the hard-fork. But in general: Factom is not dependent on Bitcoin. If we think two and more years into the future and expect other big blockchains it's likely that they will anchor in and connect to others as well.

By the way: That's another great point in Factom that it's kind of complementary to a lot of potential Blockchain-projects. There are many potential scenarios for "win-win-situations".



Edit: I also thought about "bitcoin-fail-scenarios". And I believe it could hurt the price if a catastrophic-event in Bitcoin would happen "now" (or the next weeks or months). But it even could be the opposite because many would try to get rid of their Bitcoins and buy into other projects.

And what I expect in the next 12 months is a hard fork of Bitcoin and that we could have to face a scenario like we see it with ETH and ETC. I can't know it, but it's possible that there will be Bitcoin like we know it and a "new Bitcoin" with bigger Blocks. That's one reason why I don't hold much in Bitcoin even if some believe it should shoot up because of the halving - possible of course. But I expect troubles.

For Factom it could even be an interesting scenario, because Factom could anchor in both and it could be helpful in future regarding the block-size-problem. Safe is in my opinion: It won't be boring.

You're looking at the wrong Twitter account. Look at this: https://twitter.com/factom
Over 6k followers and 1.7k tweets

It's 2 months old. On that old feed is clearly stated: "This account will be discontinued follow us @factom from now on."

i had to agree with u

Looks like an email has gone out to Factom, Inc. participating investors with some business updates

Anyone know the current size if the Factom blockchain? I'm syncing the wallet now and it's at about 1.29 GB. I didn't see the size listed on the block explorer. Is there anywhere else I can look, or just wait until fully synced. Thanks!

Someone correct me if I'm wrong, but I don't believe Factom has a blockchain. They basically hash large amounts on data very efficiently onto secure, pre-existing blockchains, e.g. on Bitcoin or Ethereum or ... So they use those blockchains as an "anchor" to secure the data, but what they bring to the table is the ability to scale data entries in a massive way onto already-secure blockchains.