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by chris.derose
Wed Dec 16, 2015 5:50 pm
Forum: AMA - Ask Me Anything
Topic: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!
Replies: 34
Views: 81882

Re: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!

RE: 32.
Good point. Must have been a mistype.

Are you concerned that the Factom chain has no work securing it? What happens if the chain is compromised between bitcoin's block times?

Say the 32 federation servers, which haven't been making any money, end up being compromised for a trivial fee ...
by chris.derose
Wed Dec 16, 2015 5:37 pm
Forum: AMA - Ask Me Anything
Topic: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!
Replies: 34
Views: 81882

Re: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!

So currently your servers are making about $500 in two months. Are you concerned that at these rates, there will be no profitability in supporting 12 servers? If those servers ran on the benevolence of the factom foundation, would Factom then be a defacto centralized data store?
by chris.derose
Wed Dec 16, 2015 4:59 pm
Forum: AMA - Ask Me Anything
Topic: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!
Replies: 34
Views: 81882

Re: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!

What are the incentives to running a factom server? How many factoids are being consumed per day right now, and what's the USD value of those factoids? How many servers are on the factom network being supported by these factoids?
by chris.derose
Wed Dec 16, 2015 4:12 pm
Forum: AMA - Ask Me Anything
Topic: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!
Replies: 34
Views: 81882

Re: I am Paul Snow, the architect of Factom and chair of the Texas Bitcoin Conference. Ask me Anything!

So I've heard that Factom is pivoting from the sale of checksums to "Blockchain consulting'. At the top of this thread - you announced Factom as "a scalable way to secure meta protocols and private chains". When did you decide to pivot, why, and what's the plan now?
by chris.derose
Thu Nov 05, 2015 4:49 pm
Forum: Media
Topic: Roger Ver Q&A at Blockchain Beach (Miami) Tonight. Tune in if you're interested!
Replies: 1
Views: 7357

Roger Ver Q&A at Blockchain Beach (Miami) Tonight. Tune in if you're interested!

Here's our meetup link: https://plus.google.com/u/0/events/ckkm ... uaum76mem4
And here's the Google Hangout Link: https://plus.google.com/u/0/events/ckkm ... uaum76mem4

If you have any questions before/during the broadcast - tweet 'em to me! (@derosetech)
by chris.derose
Thu Nov 05, 2015 4:44 pm
Forum: AMA - Ask Me Anything
Topic: Im Juan Garavaglia, Rootstock.io Ask Me Anything!
Replies: 14
Views: 12238

Re: Im Juan Garavaglia, Rootstock.io Ask Me Anything!

Where can I read more information on how value is transferred into Rootstock from bitcoin. It appears that you intend to use Sidechains, but as best that I can tell - right now your options would require that a group of trusted signers sign value in and out of the bitcoin blockchain. Is that true ...

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