BOS Newsletter - Dec. 26th, 2017
Development Updates
Although we can pretty much agree that creating an ERC20 token would have been much easier, we also hoped to learn and gain from the experience of running a separate consensus protocol and this would also help in creating our own consensus protocol. As you probably know, BOScoin's current consensus protocol is more or less identical to Stellar's Federated Byzantine Agreement, or SCP, but we have been working to modify FBA to better suit our project. We are currently testing an Advanced Federated Byzantine Agreement model and proof of concept is currently under way, as well as a full request code review. A second model has already completed code review and testing of reaching consensus within a quorum. We are also trying to downsize the traffic of FBA to improve latency by gathering up all traffic within a timeframe to a single bundle.
Trust Contracts will be programmable and approachable using ontology and below is a simple diagram on how to understand the flow. Testing of prototypes are currently being made for the flow to work in use cases such as transfer and raising of funds.
I reached out to you all awhile back and insisted that you all release erc20 tokens before mainnet launch to increase speculation, build the community and give ico holders a way to take some profits instead of their money just idle. QRL implemented this very same idea and I came to you all with this, when you didn't act upon it...I decided not to invest in the ICO. I thought you all could have been a neo/qtum to South Korea I guess time will tell. Hang in there investors, no choice really ?
Agreed, there was another ICO recently that compensated users in the increase of ETH value and BTC value since the raise, This is what BOSCOIN team should of done especially when they raised in bitcoin; moreover, received the forks Bitcoin Cash, Bitcoin Gold, and now united Bitcoin, Btcgod, and B2X on the 28th; the team is GREEDY as HELL, Kept all of our increase in value and forked coins for themselves.
Team offered no coins as compensation for listing on exchanges; I myself would give 100k bos to any exchange who would list BOS. and I'm one person. ARE YOU KIDDING ME!!!!!
What in the WORLD?!?! Not cool BOSCOIN