* FM HomeCryptoCurrencyTradingFactom Cryptocurrency Spiked by Over 600% in Wake of Microsoft Addition Factom Cryptocurrency Spiked by Over 600% in Wake of Microsoft Addition With the altcoin era mostly behind us, x00% gains are no longer exciting, volume has all but disappeared and most altcoins and ‘Bitcoin 2.0’ currencies have faded from memory.However, in what is perhaps the next stage in Bitcoin 2.0’s evolution, new blockchain systems have been increasingly finding favor in the mainstream.In addition to the infrastructures being developed by banks and consortiums, protocols including Ripple, Ethereum and Factom are being explored.Recently, Ethereum capabilities were introduced to Microsoft’s Azure cloud service, followed by Ripple, Factom and others.The addition of Factom was a huge boost to its cryptocurrency, which was added to crypto exchanges for trade in October.It spiked by over 600% to roughly 0.002 BTC ($0.90) following the news, and has thus far preserved most of its gains.Over $1 million worth of the currency was reportedly traded over the past 24 hours, the third highest after bitcoin and litecoin.

Factom’s market cap ($5.5 million) now ranks 12th.We got a similar taste of this 14 months ago.Counterparty was tried for Overstock’s ‘cryptosecurity’ project and its XCP currency rallied, but fell hard after participation in the project was discontinued.It remains to be seen if the Factom rally will last, or fizzle out like most other coins.While two years ago, such spikes would have been nothing to get excited about, today they may carry a new meaning, serving as a reminder of where the blockchain is headed.xDon't stay behind!Sign up for our newsletter and get all the hottest news in your inbox daily.* First Name Last Name Email address* I would also like to receive business enhancing offers and promotionsComments Report News First NameLast NameEmail message*Name Found a mistake?First Name*Last Name*Email* message*PhoneRequires Microsoft .NET Framework 4.5 (already included in Windows 8.x and Windows 10).Download .NET Framework 4.5 from Microsoft Awesome Miner Installer Awesome Miner is a Windows application for managing and monitoring mining of Bitcoin and many other crypto currencies.

Awesome Miner Remote Agent Installer Awesome Miner Remote Agent is only required when using the Managed Miner feature on remote computers.A UK company Razormind has emerged with details of its current work and plans related to Blockchain which may take it head to head against corporate giants such as Microsoft, IBM and Eris as well the new crypto on the block Ethereum.Razormind have over 260 staff and offices in London, Manchester, Belfast and Vancouver.Their clients are predominantly FinTech and household name banks including HSBC and Santander.When asked what made them delve into the cryptocurrency and blockchain industry and when their journey began, the CEO Mr Jawad Yaqub said: “The pure joy of discovering Bitcoin.Around four years ago we made a small attempt to explore the source codes of Bitcoin (the famous 0.8.6 revision), Litecoin, Ripple, and later on Ethereum.” “It became clear what powers Bitcoin is the blockchain and so we quickly abstracted it out and explored ways to tailor blockchains to enterprise and finance use-cases within Razormind.” “Your readers may remember we built the first digital currency factory - Razorcoin - and started selling custom digital currencies, with their related clients, seed nodes, enterprise APIs etc. to businesses directly.

I’m glad to say we built the first version of IrishCoin which was featured in the Wall St Journal.Our motivations were clear - we wanted to make blockchain accessible and safe to use for everyone.” As an AI and computer science specialist Jawad believes it has the potential to change our lives for the better in so many ways, not just financially.fbi bitcoin holdingsHe is also a strong proponent of decentralization and has it incorporated into much of their work.titan coin bitcoinAn interesting example of this is their twist on their custom blockchains: without interfering with the decentralization aspect they have implemented a ‘proof of index’ instead of a proof of work upon which Ethereum and Bitcoin rely so heavily on.ethereum raspberry“DeOS is a decentralized OS which uses the blockchain as its register.bitcoin jornal

It works by constantly indexing and allocating resources in the network for execution.Resources include items such as memory, cpu, storage, and bandwidth, assets, smart contracts etc. Each DeOS seed node indexes its available resources, and publishes this index to the network along with a list of tasks it wishes to perform on the network.” “Other nodes compare indices to see if new resources can be aggregated or connected to serve the tasks.bitcoin mehr verbindungenBy ‘solving the index’ the available resources and mapping them to tasks allows DeOS to create multiple ‘Execution Environments’ within which processes run securely and in a decentralized manner across the whole network of machines.” “The Proof of Index means the first node to publish the successful mapping of tasks to available resources gets that block added to the mother chain.” I asked Jawad about the genesis of their products and he had this to say: “At the moment we have three key work-streams allocated to research and development of our enterprise and blockchain products.bitcoin poker league

The first is centred around core banking and enterprise tech - in this case it is Mesos which we use to create large, highly available, performance clusters to protect scale and grow our client’s enterprise architectures.” “The systems we build protect enterprise clients with verifiable audit trails, and live 24x7 support backed by SLAs.The service and platform can be deployed on client hardware or in the cloud, and clients can migrate existing infrastructure across easily via Docker or natively.” “That’s the first work stream.The second is my passion - Artificial Intelligence.Razor Labs has been exploring Tensor Flow - the Google Neural Network toolkit for Deep Learning use within enterprise and blockchain.We already use Apache Spark across a variety of Big Data use cases, and more recently we’ve been using it to keep track of supply chain patterns and also in improving our fraud detection abilities.” “The final work stream is DeOS.A couple of years ago we designed and built a decentralized operating system powered by the blockchain and opened it up as a proof of concept to users.

It was featured in LetsTalkBitCoin (“Towers In the Cloud” Show) and we have continued to build and refine it.” “Unlike Ethereum or Ripple, or Bitcoin it uses the blockchain as a register for the decentralized network and has secure Turing complete smart contracts, digital identity, and because most of the world doesn’t know or care about any of that we added a shiny desktop and office suite.” “As a result we do a lot of our internal blockchain product work on the DeOS system itself as it gives us the computing power, the blockchain advantages, and the security we need.” Razormind, it seems, are a company to watch in this highly disruptive crypto, smart contract and blockchain space, having examined both the Bitcoin and Ethereum Blockchains with a fine toothcomb, finding the flaws and addressing them in the services they provide.They seem to be very confident of the potential and security of their DeOS platform and after the problems experienced with the Ethereum’s DAO it is a testament that they are going forward with a token pre-sale crowdfunding in the coming weeks, as well as a full release of their DeOS platform which entails everything from storage to smart contracts.