We've run into some difficulties WRT the Docker container which has thrown a wrench into the plans. The work with Ethereum (see latest hangout for details) has also diverted some of our attention.
I'll post about a timeline as soon as we're back on track.
I'll post about a timeline as soon as we're back on track.
From what I can tell, it looks like Ethereum is going to be outdated once Synereo is out. Scala looks impressive. Why are you working with Ethereum so closely. Ethereum isn't very impressive.
Thanks for your vote of confidence! Synereo was originally assuming there was a viable blockchain technology it could ultimately rely on for distribution and maintenance of AMPs. Proof-of-work is not going to be that technology. To understand that claim, here are a couple of numbers to keep in mind. The bitcoin blockchain is currently processing somewhat less than 2 TXNs / sec. For this transaction rate the network spends the electricity of the nation state of Ireland. By contrast Visa processes in excess of 4K TXNs / src, and by some reports an order of magnitude more in peak times. Scaling linearly (which the bitcoin blockchain will not achieve) to meet a transaction demand near Visa levels would require enough energy to melt the planet. It's just not a good solution. There are people working on addressing these shortcomings. However, i don't believe they are well positioned to role out proposed solutions given the community governance challenges. Ethereum is considering alternative blockchain technology (notably Casper) that has a better shot at scaling. Additionally, Ethereum is at a different point in their adoption curve (much earlier) which means that they don't have the same governance challenges. It's just basic arithmetic. There's too much work for any one group to do: reinvent the blockchain, reinvent social networking, ... . It's much better to cooperate and share the load. We can see the shape of the place we're going. We're much likely to get there if we help each other. (Greg Meredith, Synereo CSO)
