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ANNOUNCING - The FACTOM Project - Offchain transactions, Factom Blocks, and Unlimited Data size
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Welcome to the official announcement for the FACTOM project.

We are a Bitcoin research and development startup (previously branded as Notary Chains) located in Austin, Texas headed by our lead developer and founder, Paul Snow (https://www.linkedin.com/in/paulsn)

Over the last year we have been developing the FACTOM project on GitHub:(https://github.com/NotaryChains/NotaryChainDocs)

FACTOM creates a Protocol Stack for Bitcoin 2.0 applications. The purpose of the FACTOM project is to provide a simple, mathematically solid platform for building Proof of Process.

Our goal is to involve the Bitcoin and Crypto community to engage with us, look at our work, and collaborate with developers across the industry and beyond.

Things to keep in mind:

FACTOM defines a four layer technology stack, where Applications are built upon FACTOM, which are built upon the event structures, which are secured and defined in the FACTOM layer on the Bitcoin Blockchain.

Check out (https://github.com/NotaryChains/NotaryChainDocs/wiki/NotaryChain Protocol Stack) for details

Factom chains are constructed from entries crafted to support a wide range of applications. An entry can be used to prove data existed at a point in time. And other Factom chains and demonstrate their reaction to such data. In other words, a Factom chain is a sequence of entries that define some progression of state, and the data that drove that progression. Each Factom chain has its own rules, and entries in these chains are constrained by those rules.

The architecture for Factom allows for the easy construction of tokens or coins, securities, smart contracts, etc.

Continue to the full Factom whitepaper (https://github.com/NotaryChains/NotaryChainDocs/blob/master/whitepaper.md)

Continue to the Factom wiki (https://github.com/NotaryChains/NotaryChainDocs/wiki)

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10 years ago