Cryptocurrency Factom (FCT): review, course and chart

Offer 8,745,102 FCT

The project was founded in the fall of 2015. It was developed by an American team led by Paul Snow and Peter Kirby.

Factom is a decentralized blockchain platform that allows you to implement corporate tools and applications without speed limits. The platform was developed on the basis of the Bitcoin blockchain.

The project creators are aimed at expanding Blockchain's capabilities such as information processing and data storage. For this purpose, the system uses side chains, which create an information layer. It creates the right hash code linking the main unit and the add-ons attached to it that have no size restrictions. As a result, the network structure is maintained and data storage and transmission capabilities, as well as functionality, are improved.

Factom is considered completely open. The creators will be able to provide the original API, so that anyone can develop and adapt the system's capabilities on their own. The platform has an innovative way of storing data, which is based on numerous servers around the world. Business companies can safely store various documentation to which only the author has access.

FCT is the internal token. Token mining is carried out by performing computational operations through the use of video cards. The time of money transfers is several times faster than in BTC.

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10 Factom (FCT)