@alexlogin @abyss_X

Our minimum target was 900 BTC. But even though we are not at this minimum today, Adel will enable a voting to decide whether to proceed with Adel. We are passionate about Adel, and have great plans for the ecosystem, so we will present a compelling roadmap to the participants of the ICO, even if we don't reach our minimum. We believe those who contributed to our ICO are passionate of our vision. Whatever the result of the ICO we plan to plow forward with Adel, because the seed capital already raised is enough to establish momentum to build the second phase of our ecosystem (see our roadmap in WP#10).
 
We believe that Adel is currently the most undervalued ICO at the moment. Even after the ICO, we anticipate a second wave of participants because the ADL coin will be listed on the exchanges could significantly increase the value of ADL. We have also releases a plan in WP#11 that gives ICO participates a significant return on their investment if they vote “Yes” to proceeding with the Adel ecosystem plans.
 
The decision to proceed will reside with those participating over 1BTC in the ICO, as they will have membership status in the community. This voting module will be ready shortly after the ICO is finished. We have presented a great plan in white paper #11 to move forward, because we believe that our platform has a strong future, and we feel that those who have contributed more than 1 BTC also believe in this vision. It is very feasible to start the Adel Blockchain incubator with the 600K+ Euros we have already raised so far.
 
The way we look at it - everyone wins:
 
- Participants Win: The participants get a better return due to a more attractive bonus structure (up to potentially 40% in ADL bonuses). Participants who get their contributions in ADL will be able to sell their coins on the exchanges
- Community Wins: There are two more rounds left to expand the community and incubate more projects!
- Ecosystem Wins: The market cap is higher (3x more, for example raising 300 BTC in the ICO)
- Adel Wins: Adel establishes a reserve to raise more funds for projects in the exchanges (the funds will stay in escrow till the 2nd phase license is obtained, as with the original plan)
 
On our Nxtchat Slack channel we have added a spreadsheet comparing the benefit of the new plan for participants: https://nxtchat.slack.com/archives/C3R8ZURFX/p1495780520949657
Here is a link to the video: https://vimeo.com/219184915/0d3bd307f0
 
So we don't see any downside in the revised plan. Our plan sets the stage for a bright future. We hope everyone agrees and sees this potential.

He finished today.

The package was sent to unvoid, I have tested for a few hours today but I would still suggest to:

- Test if everything syncs fine from the P2P perspective in a real world environment
- Check the genesis block for correctness
- Just play around with it for a while to make sure everything works as expected

What a weekend. Totally turned basement-nerd-style and drank 10 coffee per day while others were surfing at the beach.

Bitmark Passport, ongoing Roadmap & Detail info - https://twitter.com/BitmarkUpdates/status/856093994253680640/photo/1?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fcoinmarketcap.com%2Fcurrencies%2Fbitmark%2F

We don't see any activity from dev, do we?

*Someone* just told you it was PoW and PoP. This is wrong. I already told that user (was it just yesterday...?) when he asked how to mine:


It is forging like other proof-of-stake currencies. It will introduce Proof of Persistance, not sure if that will be immediately, or in the near future.



Welcome *puppeteer*.


This is not the HEAT team. I made that quickly for a concept project. Anyone can make a Forging/Staking pool.  Also, I'm not sure if/when my imitative will launch, it depends on if it is manageable for me. Also, balances would be leased anyways, not transferring actual ownership, so even if the pool got hacked, no one would lose ownership of their own coins. Proof of Stake will not be centralized... I will announce the page on the heatledger.net forum post where I announced heatpool.xyz originally a while ago: later.

Any user will be free to run Proof of Stake locally or remotely from a server, and when available Proof of Persistence for themselves.

It was good thank you. Strengthened existing bank partnerships and sourced some excellent leads for new blockchain based ones. While microservices release and HEAT UI are pending, our focus is currently in polishing these for release with completion of a demo for ABN AMRO's internal blockchain program event on May 30th.

Hi there Team,

How is all going? Can I ask what is the plan going forward? The preferred amount was like 900 btc if i remember correctly.... Honestly I dont see why such a large amount of money is needed to get to work, unless you are all planning to pay yourselves 20k euro per month salaries (which i hope is not your plan).. 900 btc seems over stretching what you actually need to comfortably develop the products

Given the amazing jump in btc over the last month ending up with 450 BTC seems an amazing result, as this is a boatload of money in euro's - or even better in CZK.

Prague has relatively cheap living and operating costs (office rent, salary mean etc) so with 450 BTC the sky is the limit in my opinion...

I guess we can all agree that a lack of marketing effort, has been the reason for the lack in ICO revenue.. and it should be a no brainer that the ''marketing managers'' must be held responsible for this.... Going forward these are not the people to rely on, at all...

My main question is when and how we will be informed on the refund of our contributions, or the decision to move forward and start kicking ass developing this accounting tool (firstly) and the health record plan secondly...? (i would not proceed with the p2p payment option as that is too saturated in crypto already...) Actually I would only focus on the accounting service as that has biggest potential by a mile... (decentralised health records need government approval and that is politics which will take years at a minimum to receive)

450 BTC equals 825,241.59 Euro... if that doesn't cover development in Prague, something is not right here... So as a contributor I say lets rock forward and get development underway, regardless if there is none or more contributions incoming.

And further I want to apply for a marketing position, I believe in the capabilities of the developers after checking out their cv's... but the marketing people are a straight up joke. I live in Prague, and will take this project seriously as opposed to....

As for exchange I would definitely vote for Liqui.. good volume there and a nice jump up for the next like Bittrex (which eventually is a must to succeed imo)

Thank you and looking forward to clarity on the status quo.

Hello everyone,

I'm Elias Ahonen, author of the ~300 page Encyclopedia of Physical Bitcoins and Crypto-Currencies. This is a serious, semi-academic book detailing the history, specs, and other information of almost all 'physical bitcoins', that is, metallic tokens that have a theme relating to crypto-currency. The idea is that these are historical relics of the development of crypto-currencies, and worthy of collection.




Now, I want to do something new. Bitcoin has recently dropped below 50% market cap of digital currencies, and 'alt-coins' can no longer be ignored. There are plenty of people analyzing Bitcoin movements and developments, but the 40 billion dollar 'alternative' market is virtually ignored. Though there are bloggers and analysts writing about all kinds of coins, they are often in 'informal' settings like coin-specific forums or Reddit-style message boards. Serious analysis get buried, and it is difficult for unsophisticated investors to separate the wheat from the chaff.

Soon, I believe we will see a great influx of new traders looking for accurate, comprehensive, and unbiased information on this expanding asset class which now consists of over 700 'coins'. The information should thus have an air of professional analysis as opposed to casual commentary.

In my vision, this site could serve a few functions:
- A 'wiki' style info source with nearly exhaustive information on all coins, including history, relevant individuals, press mentions, clear descriptions of technology, and price history/graphing
- A platform for 'analysts' to publish vetted write-ups on various coins, in a way similar to SeekingAlpha
- The ability for users to view articles based on ticker, and also see rankings by 'resident analysts' who might rate coins as 'sell/buy/strong buy' etc. Users might be able to receive email alerts for articles posted concerning their coins of interest.


In practice, this would incorporate many of the functions of CoinMarketCap, though with much more than just numerical information.

I am seeking:
- Analysts: This is your opportunity to make a name and reputation for yourself as an investment analyst in this space
- Researchers: Those with a passion for crypto-coins who can record everything about them into a dedicated wiki
- Web dev: someone with the ability to create a website with some of these functions
- Anyone else who feels they can contribute

To become a bit more productive, here the new model for the POW submissions.

The Problem:

The problem was, that we need to incentivize miners to work on jobs that have really hard-to-solve bounties. With a too low chance of finding a bounty, there is no real incentive to work on that jobs, except we have so-called POW payments, which occur periodically and pay out small amounts of XEL to the workers.

These POW submissions need to be rate limited so a work author can specify to pay out x XEL / hour - this is what we earlier tried to achieve with the retargeting algorithm. The problem was, that POW submissions were regular transactions. If multiple jobs are live, which require different times to be executed, it was really hard to rate limit them individually. Also, block times are not predictible which makes things even harder. Means: We want that both the long and the short jobs are both limited in a way, that both jobs generate x POW packages per time frame.

The Solution:
We have multiple internal blockchains: every job has its own internal blockchain which consists only of POW blocks. These can be rate limited easily by a KGW or DGW. This is a simple outline of the procedure:

- Work is started
- A new "internal" blockchain for this work is created and POWs are generating blocks in this chain. That is a blockchain that is not visible to the average user, it is just there to throttle the rate at which POWs are generated
- KGW limits block time to 1 min (or whatever value)
- All POW blocks that are already confirmed in the inofficial internal POW-blockchain remain as "unconfirmed transactions" in the real XEL blockchain.
- Once included in a real block, the POW submitters get paid out and the "inofficial" blockchain gets a new "checkpoint" so it can't be forked backwards beyond that point.

First tests show, that we can rate limit multiple jobs with different complexities very precisely to a desired rate per time frame.


Just putting it here, so devs can discuss this and post their own ideas if any obvious flaws are visible to them.

Let's do what can't be done https://www.youtube.com/watch?v=eUl-kUJoO4w