Wow... Mr. CEO Boss has parted the seas once again. In reality, this "update" is another juvenile attempt at hyping up a dead-
Hashcoin something before its unlikely release with run-on sentences and jibber-jabber. The header and footer takes up so much space, there is only enough room for two basic paragraphs per page and 90% of that content really doesn't say ANYTHING constructive or revolutionary. It reads like a failed project management power-point presentation where someone's copy/paste habit got the better of them before converting it to a word doc then a .pdf at the last minute.
From what I can kinda see skimming through much of the nonsense, he is basically attempting to either copy SYScoin, which was a failure at launch due to its own all hype/no substance infrastructure or he is attempting to clone Blackcoin with its Halo features (using his own rebranding of course). Naaa... he would never do that...or would he???
More than likely, he is attempting to plagiarize the viable innovations developed in at least one of those projects with something he can peg to FIAT, like the USD, while keeping the actual pseudo "mining" behind the scenes (and under his control) with his mock POS mode of operation which is backed up by his virtual PRIME nodes.
Well, he may have missed the memo, but someone else has already done that (minus the unscrupulous Mt. GAW tactics and centralized control) and it is doing very well in just its first few days. What is the name of this NON-GAW solution that actually has the technological features Mr. CEO can only talk about?? Here's a pic -
Yes, a proven coin concept that actually made it through normal vetting, peer review, and a real "ICO" because it could back up all its claims with facts, a real white paper, and direct uncensored developer interaction with the public. No, each BitBay is not worth much now, but it has 3000 BTC crowd sourced backing it and the utility side of it is very polished. Can GAW/Zen say that? Didn't think so.
Scott-