SOILcoin ROADMAP, 2nd QUARTER 2016
Rather than a long range roadmap, which i think anyone who has read through the OP understands where we want to go, I'll be instead concentrating on "quarterly reports", looking at our short term projects. Simply, the technology behind the EVM is growing exponentially, and by 3rd quarter of 2016 there will unquestionably be many new dApps and contracts with which to build on the SOILnet architecture.
I suppose its best to first go over where we are NOW. We've had excellent, steady and smooth growth in our valuation over the last three months, and I think the word about SOILcoin is beginning to get out there. We've been flying under the radar, so to speak, since our genesis, as I'd rather us have a sturdy blockchain and consistent development rather than massive pumps due to hype that doesn't get delivered upon.
Projects such as SOIL-ex are nearing readiness, I'm presently tweaking a few things, and am abandoning the idea for an ersatz commodities exchange on it until the subcurrency protocols are better established to launch the pegged tokens on it. I continue to watch developments regarding two-way pegs to other cryptocurrencies, and while btcrelay and AtomicSwap are deployed on the network, they represent a GLACIALLY SLOW way to transfer Bitcoin in and out of the SOILnet. Average transfer times for SPV (simplified payment verification) proofs to confirm transactions, and then the "contest period" once currencies are on the blockchain to prevent double spending, can take anywhere from 48-96 hours. This is true for any currency currently. SOIL-ex will, for version 1.0, be a simple decentralized subcurrency exchange. A white paper of sorts is nearly finished, and a user-guide needs to be finished.
As mentioned in my previous post, we will be transitioning to the Homestead protocols fairly quickly after Ethereum implements that today, sometime within a week. With that, we will need to update our cosmo dApp development infrastructure, and hopefully have an updated iteration of Mist made available within a couple weeks. Both of these applications will improve contract development. I am watching the improvements on AlethZero very closely, and once a standalone client is released for that, porting this over for SOIL will be looked at. AlethZero is critical in the fact that compiling and deployment of multiple programmatic languages is simple thru that platform.
Several "backbone contracts" have already been deployed on SOIL, and I'll be writing a post regarding those later this week. To date, we have such things as Oraclize, a basic instance of insureth which will be built upon towards crop insurance ideals, scheduled contract calling, notary services, essential IPFS gateway construction, and decentralized forums are ready, and being tested.
Ive been looking at the projects that came out of the ether.camp hackathon recently, and am looking at certan projects that may have application on the SOILnet. EtherTel, enabling decentralized micro-payment telephone calls via the blockchain, is a fascinating project that may be very important in the future, especially when smart phone applications can leverage the blockchain eventually. DlabBook is a blockchain based laboratory notebook used to document results from scientific experiments, which fits in well with our purpose to provide computational science based services. out-of-band will provide SMS messages regarding transaction records from one's wallet.
Work continues to have SOILcoin listed on at least one other exchange. We had attempted to have ourselves listed on YoBit, but after paying the 0.1BTC premium registration fee which was supposed to guarantee 2-business-day listing, we have waited nearly 6 weeks thus far. I have requested a refund of those funds, but I have yet to hear ANYTHING back from teh support staff there. We have an active twitter campaign going on to request inclusion on Poloniex, which many of the community members have requested. With the disorganized structure behind a lot of current online exchanges, Ive been performing a lot of due diligence on the exchanges to ensure that what exchanges we approach are well-established with good reputations.
Interest has been found by some retailers, namely heirloom seed providers, and communications remain ongoing with them. Likewise, Ive been working on setting up "charitable wallets" for environmental concerns such as Greenpeace and the David Suzuki Foundation, in exchange for a banner displays or endorsements. I dont really know much about similar organizations in Europe, but am researching that.
Likewise, communications with renewable energy projects and university departments have been ongoing, and discussions regarding implementing python written onto the blockchain are being carried out. Much of those wont probably see light before the 4th quarter of this year.
Ive looked into, and applied, to some Angel Investors, to inject liquidity into SOIL, to pay for third-party dApp development, but those take many months. A few have replied, and more information has been sent, but its a slow process, and the continued progression of developments on the SOILnet will only improve the chances for that sort of fiat infusion.
I'll be presenting an article regarding the currently deployed contracts within a day or so, describing their functions and interactions. By end of the week, I should have SOIL-ex released for you all, with the white paper and HOPEFULLY a well written user manual.
All in all, despite issues with a large farm hitting the network intermittently, raising the difficulty levels to the point we were experiencing day-long blocks, which should be addressed with the difficulty adjustment protocol changes with our adoption of the Homestead protocols, things seem to be going smoothly with SOIL.
As always, if you have any questions, fire them off here and ill do my best to answer them. If you have any ideas for projects youd like to see up on the blcokchain, likewise, let us know. This is one of the most incredible communities in cryptocurrency. Ive watched a LOT of different altcoins and how they interact with eachother, the negativity and belligerence, and instead here with SOILcoin we have a small but dedicated COMMUNITY. Im proud to be a part of this project, to have made such personal connections with so many of you. Both Peter and I will continue working as hard as we have already on making improvements to the system, and hope that everyone who has invested in SOIL sees those bear fruition and great profits.
This is a long term project, and we may not reach our stated goals for several years, but as the technology grows, we will embrace each project that augments the SOIL virtual machine. Thank you all so very much for being a part of this project and I hope you like the improvements we have already made, and those yet to come.