Factom FCT to Thunder Token TT Exchange

Crypto Pair Details: FCT to TT

Factom FCT

Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses and governments alike can use Factom to document their information so that it cannot be modified, deleted or backdated. Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world. The Factom project began in 2014 which puts it on the older end of the blockchain spectrum. The team has made steady progress since then. They released the first version of Factom in early 2015 and had their token sale in the middle of that year. In August of 2015, they were accepted into the Plug and Play FinTech accelerator and were chosen as one of Austin’s A-List start-ups in May 2016. Based out of Austin, TX, the core team has multiple members with several years of experience in the blockchain space. Peter Kirby, Factom Co-founder and CEO, and Abhi Dobhal, VP Product Management, previously worked together at CoinTerra, Inc – a producer of ASIC miners for Bitcoin. The price of a Factoid is directly tied to the amount of network usage. As more businesses join the network, it will become more costly to submit Entries which will, in turn, affect the Factoid price. Once the number of Factoids being burned outpaces the 73,000 that are created each month, the currency will become deflationary. This may drive the price up even further.

Thunder Token TT

ThunderCore is committed to building a public blockchain platform that is fast, scalable, and secure. Made possible by years of rigorous academic research, ThunderCore is an EVM-compatible public blockchain that offers higher throughput, faster confirmation times, and lower costs to make it quick and easy for DApps to deploy and scale. Core development team of ThunderCore is made up of pioneers in smart contracts and distributed algorithms from top notch academic circles in the US. ThunderCore utilized solid pathbreaking academic research in the field of blockchain consensus protocols to break through the scalability “trilemma”.ThunderCore achieves a TPS of thousands while ensuring decentralized trust. The ThunderCore mainnet launched on Feb 28, 2019. The ThunderCore ecosystem construction has started, and will soon launch PoS staking, in order to support users participation in consensus.

SOURCE: COINGECKO

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