Bitcoin Forum

What are the requirements for this particular project to move forward to release candidate or production? Are there any technical milestones that need to be fulfilled?

I don't think it depends on a certain market value, but don't know what it really depends on.

Funny thing is that Live Release version of software sometimes is reffered to as "Gold" or "Golden", so surpassing an oz. of gold in value will probably make sense to a lot of us.

Probably same time you  come out of your coma

Wow, that's really an impressive reply. Nice to have such a smart person in the forum.

So that means it is out of Beta already and Beta is just the name of the version?

Perhaps at or near the year 2140?

:-)

Of course, there are several components here:
1. Bitcoin - the protocol
2. Bitcoin - the Satoshi client.
- other clients and other projects using the block chain.

If you are talking about the Satoshi reference client, I don't think anyone knows when they'll transition out of beta. 

The only thing in beta is the QT-client, I mean the bitcoin network is being used right now, at least in the minds of the users it's in production.

Perhaps it will remain this way until Bitcoin 2.0 is released.

This is a good question.  I wasn't fully aware Bitcoin was still actually in Beta.  I also would like too know when it would be considered to be out of beta.  I figured with all the adoption lately that our little crypto was all grown up, can't wait for what is the next phase of this currency.

So, the Bitcoin-qt client is in Beta, there other clients not in Beta. It's a development decision.

Nobody really knows the answer.

Version 1.0 will not be a beta, by convention. 0.9 will be the last major new feature update during beta. Incremental updates 0.9-1.0.

I was in LABitConf here in Argentina during this last weekend.

Jeff Garzik gave a talk about the roadmap and said they (core devs) have discussed this and that it really isn't a beta anymore, given it's been in production for 4 years now and handling over 12B dollars.

He said Satoshi had a vision and some pre-req's for v.1, which have mostly been fulfilled in one way or the other (he envisioned the original client + a thin client with no need for all the bc; which has come in the form Electrum and the such).

Finally he said it wouldn't be long now, at most 1 year for v.1 and the official end of the "beta".

Straight up from a core dev.

Gavin mentions adding support for market-dependent miner fees as well as solving the block size-limit issue to enable massive transaction-processing scalability.  I always imagined the version that addresses these issues would be V1.0.  Just a gut feel though....
 

Indeed, Smart fees is another one of the features he mentioned would be included.

That was not the case for block-size limit. Consensus on that appears to be there is no need yet.

i was thinking the same thing