The project is claiming to target the funding of scientific projects. To do so, they are claiming 2.5% of the total coin supply, those funds are kept by a natural person rather than an escrow
- I am the one keeping the Einsteinium foundation funds, i've been put in charge when the old team left the coin. A multisig wallet is the way to go but with 800k tx to deal with, we'll need to find a way to lower those tx before including a multisig.
According to the project description, 0.5% are reserved for daily costs, but 90% have been spent so far without public knowledge of the whereabouts
-Need some precision on where you take this 90%. Is it from the the 0,5% or from the total amount in the wallet? Even when we funded Dr.Havekes project, most of the funding from EMC2 was from our own pockets not the funds wallet.
Big accusation you're making there.
The actual node code is not matching the propagated specifications in terms of block halving and total coin supply
-The code need to be update, you know that. We're working on it. You know really well that the original code had many flaws. It can't be resolve in one update and in a week.
Any development, if there is any, is done in a hidden manner. Open Source Repositories do not show any public development branches.
-You know really well that EMC2 code is 3 years old and a lot of work has to be done to make it up-to-date. It can't be rushed, when the code will be ready, it'll be available. Do you know a lot of projects that make available their test code to anyone? The work is done in private then make public when ready to release or in Beta.
Bug fixing, if there is any, (and as we know the current nodes contain some issues) is done privately as well
-We welcome anyone who wish to work with us to join the team. Making bugs public isn't the best way to secure the network and the money of everyone involve.
Some drafts of websites presented to community channels so far did only contain a few headlines, no detailed information nor any functionality
-Which websites are you talking about? The store, the platform or the foundation website?
A cluster of test net servers including nodes provided by PM-Tech and dedicated to project development hasn't been used once
-We're setting our own test net servers.
Any other development or testing infrastructure is not known to PM-Tech nor to the public
-Why should it be known to you?
There are for sure some very talented volunteers to the project, but still there is no infrastructure (as mentioned by CWI crysx himself, currently they are not holding any SCRYPT mining power on their own)
-There's still a lot to do to EMC2. The project got back on track when bluelab joined the team in december. In 6 months, you expected the team to create everything from 0? We welcome all the ideas from the community. We're a small team and you know that.
For the segwit question:
SegWit will be implemented in the new 0.13.3 Einsteinium core, because we are following the newest trends set by Bitcoin and Litecoin, but weather it will reach consensus it is up to the community of miners.