A month passed since the release of VoteCoin and it is time for a little recap:
First month we were focusing all our resources mainly on developing software and VoteCoin network. Good news is that VoteCoin starts to gain momentum and more and more people (miners, investors, promoters) getting involved in the project. Seeing all these people taking interest in VOT opens good prospects for the future.
Here is summary of our accomplishments so far:
- We have successfully released fully functional VoteCoin core client: https://github.com/Tomas-M/VoteCoin
Now anyone can send and receive VoteCoins (VOT) - We have successfully implemented Insight as a blockchain explorer web application service for VoteCoin: http://explorer.votecoin.site/
Now anyone can browse through all VOT transactions, see mined blocks and see with their own eyes that VoteCoin network is stable and everything runs smoothly.
Anyone can check Genesis block - where we mined 10.000.000 VOT for the ICO. All 10 million coins are now sitting at this address and we are ready to start distributing them to all investors.
- We have successfully opened official VOT mining pool with 0% fee: http://pool.votecoin.site/
Now anyone with some technical knowledge and decent hardware can mine VOT on his own. We are pleased to see that more and more miners are joining and mining VOT, which helps to secure VoteCoin network.
- We have released Official VoteCoin wallet for Windows (850MB): https://github.com/Tomas-M/VoteCoin/releases/download/v1.0.11-win32/VoteCoin.standalone.Win32.zip
You asked for it and we delivered! Starting now everyone using Windows can setup VOT wallet and start receiving or sending VoteCoins. It is not GUI wallet yet, it is only a text-mode server and client. The big size is due to the proving key which is included in the release, to make it simple for users to download and use.
There is still a lot of work ahead of us, to name a few:
- Our main goal is still the development of GUI wallet for Windows, Linux and MAC OS X. It is a hell of work, but we know it will be well worth it. The initial release should also include functionality for voting, crowd funding and much more.
- We watch closely the latest developments in elliptic-curve cryptography and we are eager to implement new proving scheme algorighms to VoteCoin, for example the elliptic curve called Jubjub (to be included in ZCash too) which is efficient to perform operations on inside of zk-SNARK circuits. Rough estimate indicates 80% reduction of proving time, and a 98% reduction in memory usage, which is simply awesome.
- We have started the enhanced account verification process on major exchanges Poloniex and Bittrex. This step is required to get VOT listed on these exchanges and as many of you know, this process can take long time.
We'd like to thank to all our supporters!
For all those who already bought some VOT in the ICO or who simply like the VoteCoin idea, please spread a word about us and recommend us to other investors. And for all those who haven't invested yet, it is now right time to do so. Seeing all our prospects we think we're selling cheap now. Keep in mind that the ICO ends in less than a month.
Have a nice day everybody!
)
But I hope that it will be! 