Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
dcxtx
on 08/10/2015, 20:57:46 UTC



How many new coins do these federated/centralized miners mine every day?





Today?  0.  Factom has the current federated server and is not paying itself block rewards.  The next Milestone for them is to expand to 8 federated servers.  I believe they will not control any of those.

The third milestone is the whole federated system.  It is either 16 or 32 (I don't remember) federated servers and N audit servers.  There is a consensus method for figuring out which is which and they can change .  At that point, I KNOW Factom will not be running one.  I believe this is when the Block rewards will start happening.


I believe the Milestones are on their website.