Factom Launches Release Candidate 2 in Preparation for Beta


         Factom Launches Release Candidate 2 in Preparation for Beta

On July 6, 2015, Bitcoin Magazine reported that the Factom Foundation had launched Release Candidate 1 (RC1), a crucial step for launching the Factom network. Over the ensuing 5 weeks, community developers and programmers have been testing and debugging the network in order to reach all the goals set out in Factom’s Milestone 1.

Today in a blog post, Factom has announced the launch of the Release Candidate 2 (RC2) version of the Factom Beta. Again, it is asking for developer input as it works toward its next milestone: Factom Genesis.

According to Factom’s post, RC2 includes the following:

  • Better Factom block syncing & downloading
  • Tested for high numbers of entries
  • Improved server to client messaging and error handling
  • Some limited code refactoring and reorganization

Once Milestone 1 is achieved, funding from the software sale will be released. At this point, holders of Factoids will be able to utilize their tokens on the network and to exchange them on Cryptsy and ShapeShift.

To celebrate the network’s progress, Factom will be hosting a launch party in Austin, Texas on Tuesday, September 1, featuring speeches from Peter Kirby and Paul Snow which will be broadcast to the community, along with a Q&A onZapchain.

Earlier this year, Tatiana Moroz caught up with Tiana Laurence, chief marketing officer at Factom, to learn more about the project.


Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

In a SXSW panel discussion, IBM’s Christopher Ferris asked bitcoiner Jimmy Song if he was arguing for anarchy over a regulated financial system . In this op ed, Kyle Torpey posits, "Yes! That’s the whole point!"

Kyle Torpey

Op Ed: Hanging Money Launderers Out to Dry: The Role of KYC/AML in Blockchain

In this op ed, CoolBitX CEO Michael Ou argues that "anonymity contributes to cryptocurrency’s notorious volatility and makes it that much less likely that digital currencies will become stable stores of value."

Michael Ou

Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds.

Bitcoin Schmitcoin

Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row.

Bitcoin Schmitcoin