Post
Topic
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
accripteau
on 05/08/2016, 17:30:06 UTC
How intertwined do you guys think the Factom INC valuation is with FCT as a currency?

they get burned when entries are made


Are you sure this always happens?  What if someone purchases entry credits with a credit card from the website rather than with factoids, does the factoid supply still decrease?

I've never purchased from the website. Do they fill an entry credit address that purchaser supplies? If so, a factoid needs have be burned to create entry credits. It seems like that if an address was to be filled with code, it'd require a fork. Then they couldn't claim immutability and would require all nodes to update.