TECH UPDATE: Factom Foundation and Exodus

The Factom Foundation and Exodus have rescheduled the release of Factoid support within the Exodus wallet until the next update of the Factom Federation Network. The Factom Foundation has several new updates scheduled for Q2.  

The exciting update to Factom Federation will include:

  1. Torrenting for fast startup of new nodes, and catching up with the network.

  2. Performant Network layer for improved faulting level.

  3. Balance and state checkpoints for quick restarts.

With the upcoming Factom Federation release, Factoid support in Exodus will be more approachable for new users entering digital assets.

Exodus co-founder Daniel Castagnoli said: “Most Exodus users today are just learning about the blockchain and exploring digital assets. The Factom Federation updates will be important to usher in widespread adoption for new users looking to secure, manage and exchange Factoids.”

About Exodus

Exodus is a friendly, all-in-one application, to secure, manage and exchange blockchain assets. In the past, to gain exposure to blockchain assets, investors had to learn about exchanges, private keys, backup seeds, mining fees, cold storage, hot wallets, and more. Exodus simplifies this process to give digital asset investors an easy, safe and private way to secure and manage a diversified portfolio of blockchain assets. Exodus is the first desktop digital asset wallet to allow users to manage and exchange Factoids directly for Bitcoin, Ethereum and other digital assets.

About Factom Foundation, Inc.

The Factom Foundation is dedicated to developing and shepherding the Factom open source protocol. The Foundation’s mission is to promote transparency and honesty via immutability because we believe that people and institutions can solve hard problems and bring positive change when they have a reliable framework to build upon.

Recent Posts

Factom Hackathon Recap

Factom Hackathon Recap

Posted: June 18, 2018 In Hackathon

It has been a week since we kicked off the first hackathon exclusively hosted by Factom and we couldn’t be more proud of how it went. We learned a lot, we lost sleep and we spent this last week in retrospection. With over 100 attendees, we spotted some very bright, enthusiastic, and passionate developers who came to conquer paper.

Factom launches Milestone 3: Fully Autonomous Protocol

Factom launches Milestone 3: Fully Autonomous Protocol

Posted: May 3, 2018 In Company Updates

This is the third and final milestone for the Factom Blockchain Protocol as outlined in the white paper. 

The Problems with Blockchain

The Problems with Blockchain

Posted: April 4, 2018 In Blockchain

We would like to take a moment to discuss the problems with blockchain, which might seem odd as we are a blockchain company. In truth, it was the problems we saw in the early stages of blockchain technology that led us to create the Factom Network.