Factom News

Factom or FCT coin is a cryptocurrency for internal use on a distributed, decentralized platform based on blockchain technology with the blocks consisting of encrypted information. Speaking of the Factom platform, the project was launched in 2015 with two main purposes: expanding the size of blocks in the blockchain and the facilitation of computing power. Therefore, the size of a block now is limitless, compared with classical ones which have a capacity of just 1 MB. They were able to achieve this result through the use of sidechains that create an extra layer of information. The key function of a sidechain is to generate a hash that connects basic blocks with additional ones. The Factom team has succeeded in combining a familiar blockchain with an array of useful options. It is able to store unlimited amounts of data without the fear of being falsified. Besides common documents, any kind of application or script can be stored on its network.

News
DeFi platform PegNet appears to have suffered a 51% attack in which four of the network’s top miners fraudulently created $6.7 million in stablecoins.
DeFi Platform Suffers 51% Attack From Its Top Miners — or Does It?
Samuel Haig
2020-04-23T06:53:00+01:00
3891
News
Holding 90% of software company Factom’s shares, investor FastForward said it wants to lead the company into receivership.
Factom Facing Possible Liquidation After Financial Difficulties
Turner Wright
2020-04-06T07:01:00+01:00
3307
News
A crypto project crosses the half-billion threshold.
PegNet Has Moved $500M Through Its Network Since Launch
Dylan Love
2020-03-18T04:16:00+00:00
3686
Analysis
How exactly do deepfakes work and why are they hard to detect and prevent? Experts believe blockchain technology has a role to play.
Deep Truths of Deepfakes — Tech That Can Fool Anyone
Shiraz Jagati
2019-12-22T08:03:00+00:00
8802
Analysis
At a time when fake news has become a household name, deepfakes are bound to make the situation worse. Can blockchain help?
As Deepfake Videos Spread, Blockchain Can Be Used to Stop Them
Sritanshu Sinha
2019-10-09T18:20:00+01:00
5507
News
Monex Group has confirmed Coincheck now supports withdrawals and deposits for all tradable assets on the platform.
Japan: Coincheck Completes Token Additions With Ripple, Factom Relaunch
William Suberg
2018-11-26T09:20:00+00:00
6463
Five top cryptocurrencies share their favourite long term picks
Insider Crypto Tips: Who to Back for Big Bucks
Darryn Pollock
2017-08-28T14:05:00+01:00
48767
Two the most progressive areas of using non-financial Blockchain technology.
Non-Financial Blockchains - Where to Find Them
Kari Stray
2017-06-28T19:50:00+01:00
15090

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