Putting the finishing touches on the whitepaper. It will be out by Friday, and we will be updating our website and github page to reflect that.

We've also been working on a beta, which is nearly complete. We're looking for people to help us test the early beta, make sure there are no major hiccups before we open the beta to the public. You can be a beta tester on Windows, Linux, and Mac. We strongly prefer that if you join the testing, you have a machine that's online all the time. Closed-beta participants can expect to run into all sorts of juicy and frustrating bugs. Actually, the codebase is very nice and we have a minimally comprehensive test suite. Though you should be prepared for major bugs, I don't think it will be a terrible experience.

If we can get 10-20 machines in the closed test all providing and renting storage, and the closed-beta testers all agree that it's mostly ready for open-beta, we'll open the beta to the general public.

If you are interested in being involved in the closed beta, please message me. There is no financial reward for participating. We expect to be ready for closed beta by the end of November. Open beta will take as long as it takes, but hopefully by the end of the year.

Everything is a command line tool right now. We are in the process of hiring someone to write a front-end (a web client), but I have no idea when it will be ready. Something dirt-simple might be ready by the end of the year, but it might take longer depending on a number of factors.

I would like to nominate Come-from-Beyond, initial Core Dev of Nxt, for guiding Nxt through it's early development, creating a large community of core devs and supporters and having a big hand in creating one of the most (if not THE most) advanced and widely adopted cryptographic platforms in the world.

Profile: https://bitcointalk.org/index.php?action=profile;u=46556
Initial Nxt Dev Thread: https://bitcointalk.org/index.php?topic=345619.0


The first nomination of many, I'm sure 

Thanks for the replies guys. But, does anyone else think that it's a bit ridiculous that the message never said anything about having to redeem by a certain deadline? All it said was here's your token. Logically, why would I redeem before the currency is launched???

current price like 1 year ago price.

Making an update since things are taking longer than I would have liked.

We're putting the finishing touches on the whitepaper and releasing it as a draft. It's going to be labelled 'draft' because I want there to be time for one more round of criticism and adjustment before releasing the final version of the whitepaper. I think that the final whitepaper will be released near the end of November.

While we've been working on the whitepaper, we've also been working on a beta, which will be available for all platforms. It's still just a command line tool, but you should be able to provide storage in return for beta-coins, and you should be able to rent storage using beta-coins. The code is currently in a private repo, which is why our commit activity appears to have fallen off entirely. We'll be making the repo public as soon as the beta is finished.

While the beta will be sufficient for doing things, we caution that it IS beta software, and that it hasn't been hardened as much as something like the Nxt code. You will be able to store backups and whatnot over Sia using the beta but we strongly recommend against it. We also strongly recommend against giving the beta-coins any sort of value, because the currency will be in a very vulnerable state. The early beta will not have sianotes. Sianotes will of course be in the 1.0.

I'm hoping to have the beta out before November ends.

Doesn't reallly matter. Silkroad has plenty of legal products on it too.

As soon as one illegal product show up, and OB developer ignore a cease and desist, then OB will possibly become illegal.

The FBI can shut it down by arresting the operator, OB is no different. FBI can just arrest the developer of OB, and announce that anyone writing code for OB will be arrested. No developer will touch OB, and without active development, OB is dead in the water.

If i read that........ one more time. 

yes, think the same. 1.4.0 opens the door for usefull apps.

Several Nxt-related gaming projects mentioned: http://www.coinssource.com/a-growing-trend-games-and-digital-currencies/

Worst case, some highly functional altcoin takes over and BTC's value dwindles to 0.

I like sidechians. It can solve a lot of problems.

And also what will it be like when we do get them. What will people be wearing?, what will music be like? and what technology will we have? Probably by then we will be living under the sea or something.

But what if nemstake owner splits his stake in two part (different NXT accounts), redeems one part now and another part later?
I dont's see solution for it now It will be complicated for devs, I agree, but some clarification would be good. While we have approx. 3 weeks (correct me if I'm wrong), people still will trade Nemstake on AE, maybe making some profits if price go up

Tend to agree with this.

Not a whale, that is a issuer of NEMStake tokens, or tokens that were never redeemed.

If you dump the rocket fuel, the rocket will crash.

we want this...now.