Author

Topic: POWToken Dev Update! March 07, 2015 ! (Read 105 times)

legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
March 07, 2018, 04:02:02 PM
#2
Isn't POWToken still a worthless token? Did they set some real goals over the token?

I've accumulated few millions few month back, but I left it as pointless and didn't even check my account there.
newbie
Activity: 7
Merit: 0
March 07, 2018, 03:15:45 PM
#1
>>Bridge Update<<

POW Holders! rejoice we have latest and fresh updates from DEV team and everyone working behind the scenes to make this project the best one in the Crypto space!

Without further adue , here are the details we can share so far!!

1. Bridge has been completed on the test server and is ready to launch on the Ethereum mainnet.

2. Facebook and Twitter users are able to send POW across the Bridge to the Rinkeby testnet.

3. Our Bridge Admin tool lets us manage the amounts that are sent across the bridge. There is an overall cap and individual cap.

4. Overall cap has been set to 1bn POW per day. This figure can be adjusted on a daily basis. If we were to lose control of the Bridge through a hack, this would represent tha maximum potential loss.

5. Individual cap has been set to 1m POW per fay per user. This figure can be adjusted on a daily basis. The cap is designed to prevent large holders of POW flooding the market. Ultimately we'd like to have a sustantially higher cap.

6. Test it. Test it. Test it again. (That is what we the rest of the POW team is doing right now) We are incredibly cautious about launching the bridge without fully testing. For this reason we are going to delay yet again till the 15th March 2018, to allow us to harden the code and try and find any weaknesses.

That´s it folks! We know its another delay on our record, we take the blame, but its in the best interest of POW, once we go live, we want to make things right from the get go.

Stay tuned! we are not that far off from actual Live blockchain... which give YOU more time to share! to gather more friends! the more people we get on the POW train, and the more we share...the more its MC...the more I´ll be worth for all in the future!

POW TEAM
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