Factom blocks are 10 minutes long and similar to Bitcoin have different levels of confirmation. Without going into too much detail, when your transaction is successful, that means it was recognized but is not confirmed. Once the 10-minute block is over your transaction is confirmed.
Regular Factom explorers fetch only confirmed blocks, transactions, chains, and entries, so you had to wait from several to 10 minutes before seeing your freshly created chain, entry, or factoid transaction in explorer.
With Factom Realtime Explorer all chains, entries, and transactions are caught up within 1–2 seconds — that means you don’t need to…
About one month ago B2B/B2G cloud blockchain gateway Factom® PRO was launched.
This upgrade brings performance increase, the ability to work with the entire blockchain, and free trials on mainnet blockchain for our clients.
After the upgrade, our API server caches the entire blockchain, so Factom® PRO users can work with all chains and entries in the entire blockchain and read and search data in all chains within milliseconds!
Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. Unlike most databases, the blockchain is distributed across the Internet, making it practically impossible to shut down. Whereas the Bitcoin blockchain is a record of financial transactions, Factom is designed to store any type of data.
This makes Factom an ideal platform for a wide range of applications, including financial systems, medical records, supply chain management, voting systems, property titles, legal applications, and much more.
Factom follower node connects to Factom network and makes it possible to record in the Factom’s blockchain.
Factom Operator, blockchain developer of products & B2B integrations. Running Factom® PRO — B2B/B2G cloud blockchain platform.