THIS "NEW BLOCHCHAIN IS NOT GOING TO END WELL,IT IS A QUICK FIX TO A SERIOUS ISSUE
Before you all claim "fud" Just think about it.
I vast team of devs, white hat hackers, security specialists work on, and test, stress test, and attack codes/protocols before they are let loose on the alpha/ test-net, never mind planning to it going to be used on a real, working crypto, that it one of the heavily used crypto-coins in the world.
These software devs spend months/years developing code, and ETN plan to chop and change monero code and let it loose by the end of the month.
You cant just do something so major, so fundamental to the coins security and value without first being 100% sure you are not putting the whole project at risk.
Untill 3 weeks ago ETN did not even have a block-chain specialist dev, they relied on the core team that was C++, user interface, promotion and advertising based. Nothing wrong with that when you just copy existing code, and they out sourced the security and auditing to a respected company, but that all took time, if you remember the delays on bring the coin into the world, which was in my opinion a good move.
But to now decide, to "make there own code" shows that Mr Ell`s is a great multi level marking man (as that is his company's history) advertising and promoting, herba-life, online retail resale company's, and he is good at getting his foot in the door with great sale pitches.
BUT CRYPTO IS MORE THAN THE NICE WEBSITE, PROMO MOBILE MINING, AND PROMOTING CRYTO FOR THE MASSES.
iT REQUIRES MUCH MORE, it needs to be safe, it needs to be secure, it needs to be bug free, it needs to be trusted. it needs more than empty promises.
If you think that this will make real investors, sit up and notice ETN I am sorry, but this could infact be the biggest and most costly mistake in the history of ETN, and if the code gets hacked, a bug is used to rig the blockchain, double spend or just inflate transaction like ETH just suffered, then it will be the end of ETN, as all the network providers will walk away and stop accepting ETN.
THIS IS MAKE OR BRAKE, IF IT WORKS THEN THEY LIVE ON, IF IT DOES NOT, THATS THE END OF ETN AS A PROJECT
When so many have been impatient and wondering "what is going on", Rich continues to under promise over deliver. He doesnt hype things up and pump the coin.
Making modifications is what they have to do. The Monero code couldnt handle the high number of transactions as is, and ETN is still a baby. Millions of users are on the way.
They have been extra extra careful and have used so much caution they have caught hell from those in the community that want things done on old "crypto time".
The old "crypto time" of a day equals a week, does not fit this revolutionary project.
Also, I would expect the solution coming for the ASIC will be one that will be another, "next step for the crypto world" just like the instant transaction tech they developed and got a patent for.
Those that still believe that ETN is not tech savvy just cant see the facts through the FUD