bter withdraw dissabled, why?
Coin does not work afaik. Network was disabled, because there are many forks.
The forks were due to the short 60 second block timing, and that the node was communicating with every other node in that minute. This worked well with 50 nodes on testnet, but did not work when scaled up. The Proof of Time algo was a great idea, to reward loyal forgers, but it is a bottleneck at present.
I was running a test of the windows wallet, and my computer showed over 200 TCP connections to nodes on port 6040, which were being refreshed constantly. It also slowed my internet connection down for browsing.
I cant give you an exact time for the network to be up again, but I will tell you when we start testing the windows node/wallet.
So POT will canceled at all?
The temp fix will not be pinging all nodes every minute to find the oldest. How a node is selected has not been revealed to me. This will just be a temporary fix. As with all things computer, it works until it doesnt, and things dont always scale up.
Ok, so get the network online with the temporary fix now. Also get the syrenity/grexx in here to explain more in depth. Now is the time to speak up.
Also I believe that BitSeed said a couple weeks is fair, because now they can overdeliver instead of saying a couple days really and maybe not meeting that deadline.
Most people in here are seemingly not understanding concept of new code. But for heavens sake get your team in here to clear up the questions we all have.
Hit us with the truth and let's see what we can do about it. As previously stated I think you'll have to take a leap of faith with your code and your equity and get more developers to code for speeding up to compete right now. You have a businessplan for 12 months with the 750 BTC. You know, to make this work with additional developers without hurting the long term plan you will HAVE to give up some of your equity.
In the end, what you have left will be worth more.
Fellas, you have a chance to act swiftly and take this to the top by making the right decisions. Decisions that NXT or many other coins in the top did not even have.
Include more developers and let's improve how transactions are being made.
I know you to be talented developers, but let's face it. You need manpower.
I think you have to be less picky about code right now, I don't mean "publish it" but I get the strong sense you have severe trust issues with new developers stealing your code. Because you can't mean to tell me this entire space and other sites you've used only have bad developers.
Stop that. Whether you like it or not you're going to have to take a leap of faith right here. What they essentially would be stealing would be flawed code.
Give them incentive to work as equals (equity) and you'll find yourself more partnered up and stronger.
Like I said, my faith in you has decreased but it isn't gone. But it is time to take a step back and reevaluate. As I am sure this is your lifes project, like I have had my own (both succesful and failed ones in business I might add) don't let this be a fail. It is time to be smart in times of chaos.
You've shown a viable businessplan the way I see it. You've shown up to this point great PR- although I am guessing this is moreso the fact of waiting for news rather than neglecting the community as some may think. So guys, let's not fall short on the code because that's what we're all excited about. That's what differs you from the rest and will ultimately take you to the next level and take out competition given you play it right. Now get the network up and let's start making things happend.
