Topic: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹 - page 176. (Read 227603 times)

It is fully understandable the activities behind the scene though it no word in public for that at all. As we the tokenNet is approaching fast surely team at some level is involved in negotiation to take BosCoin at best available exchanges as well. I will say exciting times are coming finally as waiting tenure will be over soon.

I'll wait on the 31st and buy at HitBTC.

Desperate sellers will let many people to thank them for getting cheap. This will happen in my opinion and good to know that 31st October is launch date for token Net. I will raising money by then to buy some BOScoins. There are something caused of all these delays but can't not compromised over stability and security of the network.

Did you create this profile only to sell? You are very trustworthy.

Looking forward for this project. This is a promising and a much awaiting development and i can say that a lot of people would dump their coin once it listed on the exchange.

I can say that is normal for investors to sell their token and then buy it on cheap price to gain more tokens. i can't predict the value of BOScoin once they release it. This is very exciting.

I buy! But you will have to sell me your email too.

So they just start development for token net now ? Test net they use lumens..the dev did not work efficiently. They good only before gathering money and then silent. Then said end of september when the time is near to date line they annpunce chuseok or whatsoever after chuseok they silent and then announce 31 october. Hahaha....funny...i am telling the fact not fud

TokenNet to launch on 31st of October

Over Chuseok, many tests have been conducted and although efforts to improve performance of the network has been satisfactory, our devs are insisting that we need a little more time. The plan was to launch at the end of September and we apologize for the delay, but now we have a new launch date — 31st of October. The delay is caused mainly by two things — redistribution of transaction fees and security. Below is a more detailed explanation as to why more time is needed and some of our concerns and progresses.

Redistribution of Transaction Fees

Our distributed network depends on nodes to validate transactions and each transaction requires a transaction fee. The fee is collected to a fee pool which is redistributed every week. As described in our white paper, validating nodes will receive 70% of the collected transaction fees and 30% will be sent to the Commons Budget, but since there is no Commons Budget at this stage, and since validation will be done by the development team, all of the transaction fees will be distributed to the holders of BOScoin according to their stake above the minimum balance. The reason why we need some more time is because we want to make certain that such redistribution is done without any glitches. Tests confirm that the redistribution logic is sound but there was an opinion within the team that it would be prudent to run one final additional test in real life conditions except for it being on a closed network now that everything is in place. Fees will be redistributed on a weekly basis, so running a test means observing the network for a week and see if BOScoins are finding their respective destinations properly. Such tests have already been commenced and we are planning more than a single test so it will take some time.

Security

As posted in our previous newsletters, we have asked a couple of security firms to look into our network and Web-wallet for any holes and gaps that need to be filled. Unfortunately we have not received the final report from any firm as of today. Security is the one area where no compromise can be made and we would like to be absolutely certain our network is impregnable. Should any security concern arise, we will need some time to fix it, hence the delay.
A group of white hackers within one of the security firms tried to hack our Web-wallet and they have submitted a preliminary report but no issue regarding both the Web-wallet and the network was raised so far. We are still waiting for the final report.

We believe there won’t be any problems but thought it would be best that we go ahead with this final process just to be sure. We have three weeks until the 31st and that should be enough time to handle any issues if something goes as unexpected (God forbid!). Development aside, we are also drafting and preparing a contingency plan for the worst case scenario in case the network misbehaves, or even fails. The stability of the network is our main priority and we are doing everything within our capabilities to improve it. Once again, we apologize for the delay but we have concluded this is in the best interest for everyone so please do bear with us until the end of this month.

BOScoin will have the same success as most smartcontract platforms (ETH, NEO, Qtum and other).

yeah you have good arguments but t also is very important which exchanges boscoin will be listed at after the launch.
if gets into bittrex or poloniex we can all forget buying under the ico price.even buying close to ico prices will be a dream but nothing more.
boscoin is one of the most anticipated upcoming coins along with tezos at the moment.

During launch I expect a dump from early investors/bounty hunters and also there would be a panic selling from Korean citizens owing to the strict laws for ICO which they may not feel comfortable with.It would be a good time to get the tokens for less price than the ICO.

they may postpone he launch because of the the blood bath going on at the altcoin markets.
its price will be very affected if they launch it now.
i am both and ico investor and siganature campaign bounty hunter but i still want to buy more.
so i donot care even if they launch it now if it will give me to accumulate more boscoin under the ico price.
but still,i dont think it will go under the ico price even if they launch it now.

Hopefully it will be available in a seamless manner. Cleanse all the problems I am willing to wait .

Announcements and updates have consistently been made in the past weeks and months:

• All blog posts
• All newsletters

Especially in the latest newsletters there have been frequent development announcements and updates.
Feel free to check out the code base if you want to check the development progress faster than on a weekly basis.

As for the reason why BOScoin is not using the Ethereum ERC-20 token standard is because BOScoin is a brand new project with its own blockchain implementation. The team could have used ERC-20, but they have decided to write their own TokenNet in a C++ implementation based on the Stellar Consensus Protocol which, unlike the ERC-20 token standard, would be easier to port to the MainNet written in D, also based on Stellar.

The team is currently in the process of getting BOScoin onto various exchanges, but which exchanges it will be listed on hasn't been announced yet. Keep an eye out for updates in the next few weeks.

Nothing is 100% sure unless it's there, but I'd rather see a good working platform which is a few days late, than a platform with bugs and glitches. We are all greatly anticipating the TokenNet launch, but after all Rome wasn't built in a day either. I'm sure, however, that the team is doing their utmost best.

Unforeseen circumstances and delays can be part of any project, and it's not different for BOScoin. All the team can do is communicate as best as possible, which they have been doing with their weekly updates for the past months. Make sure to subscribe to the blog and newsletter to receive the latest updates as soon as possible.

yes ,the movement of development is very slow, official team should make announcement  what's the project going on now!

They promised end of september right ? And now we are almost in the middle of october and the team not giving any announcement untill now.
Why launch tokennet why not using ethereum for making token. All token will be swap to main coin in 2018 right

Waiting for the launch... Maybe next week.

Boscoin should be considered S.Korea Ethereum, I just hope the will market the platform very well and attract huge developers to use their platform