Please look at the mining schedule, your children's children will have children before it get's to 2 billion..

Right

Everything got pushed back a little to finish the windows wallet and add in the forging panel to allow for easy forging. I believe Boris mentioned a couple days ago (1 or 2) that 0.1.6t is in testing now with our QA and should be ready soon (with the windows wallet launch) but I will let him update that as well since he is working directly with both the new version and the windows dev.

We realize the last two weeks may have seemed like slow motion but we were intentionally holding off heavy marketing until everything had been verified working and stable. There were actual issues with the client the first week which caused network instability. We didn't want to draw attention to something that wasn't operating 100%.

The following week the team focused on enabling merged mining and service-fee regeneration for miners. If you watched the network hashrate (which can be considered the stability of the network) it was very low- 2GH because of all of the issues the daemon was causing for pools. In the 0.1.4 release we not only addressed these daemon issues bringing all of the pools back, but we also enabled merged-mining and service fee regenerated rewards for miners starting @ block 17k. We had to monitor the network closely during this launch to ensure pools were operational again and the subsequent merged mining started hard fork to make sure that all went smoothly- and it did. Now the network is incredibly stable with about 15GH average for a coin less than a month old with low rewards- we see this as a positive for those looking to do business on this network.

Finally, there were issues relaunch the 0.1.4 wallet on wallet reload which we wanted to fix and did with 0.1.4c. Now we have a proper product we can market aggressively inside and outside of the crypto space. Starting any marketing before all of the various features were enabled (mergemine/regen) and the network was stable would have been repeating mistakes we learned from at launch.

I wanted to take the time to explain the above so people can understand we have been busy these past few weeks. And we plan to remain busy moving forward. I have to reiterate that Syscoin is a coin with actual NEW features and thus we had problems no other coin would have at launch. We also present service offerings that literally don't exist in the current marketplace.

We need to be strategic about how we bring these features to market and that takes some planning and what may appear to be slower steps but its really just measured steps. You can't throw out a decentralized marketplace to the mainstream public and expect them to immediately understand its benefits or how to use it without a number of educational materials, examples, and even references for developers to build upon. We have plans to provide all of this, and we're going to do it one feature at a time to continue to refine our approach with each successive initiative. All of the four services are working perfectly in the client already- this is about our strategy to increase market adoption of those services.

---

Over the coming weeks we will be looking to push the marketplace feature specifically. We already have a new website, forums and blog coming. The blog will be the new home for all major news updates, we will still post here but they will be links to the blog. the blog will be a clean space to find Syscoin's latest news.

In addition to the above we'll be creating a microsite dedicated to the Syscoin Marketplace service. The site will explain the advantages of using the Syscoin marketplace, it will have links to existing Syscoin Marketplaces, and it will have information on how to get started with your own Syscoin Marketplace. As part of this effort we are looking to hire a professional copywriter, web developer, and designer/illustrator to help expedite the creation of this site. The microsite will really target getting current merchants / possible sellers and focus on helping them understand the Syscoin value proposition and even get started with their own marketplace.

We'll also be contracting out several 'microexample' sites we are going to make open source which build on the Syscoin Marketplace API in different ways to serve as examples for developers. We are rewriting the documentation for Syscoin Marketplace APIs to be more accessible to developers and provide developer FAQs in a portal dedicated to helping devs get going with Syscoin as well.

Alongside all of this we want to update the QT wallet with real interfaces for accessing and browsing the marketplace. This includes interfaces for items you've bought, items you have for sale, purchasing items from web markets, and searching the entire blockchain for items for sale.

We are also working on new core features in parallel with all of this as outlined in our roadmap- specifically multisig encryption using native Syscoin keys. While that is going on the other parts of the team will be focused on ramping up this marketing effort around Syscoin Marketplace APIs.

Moolah has provided us with some operating funds to cover our pre-existing expenses but they still hold the majority of the presale fund, including the 250BTC of SYS purchased as early buy support put up by the team. We are asking for a clear statement on the distribution of the remainder of the fund by this weekend 9/7.

---

TL;DR;
- made mistakes at launch and held off marketing until network was stable
- know marketing is important but offering is complex, focusing on one feature at a time- marketplace first
- hiring outside help to assist in first real marketing effort around a feature. Looking for: Marketing Copywriter, Srs Web Developer CSS/HTML/JS/Node, Designer/Illustrator/Web Designer
- Moolah has still not released the full presale funds to us- we are asking that they clarify the situation with these funds by 9/7

GREAT WORK!! This is what I'm talking about- this has be very excited Looking forward to getting off work so i can really dig into it!

---

BTW- for those that are getting a "blockchain corrupt, rebuild?" message after closing and opening their wallet- this is an intermittent local wallet issue (doesn't impact network, doesn't negatively impact wallet, just an annoyance that should be fixed). Say "ok" to the prompt, the wallet may hang; close and reopen and it will resync and you'll be all set.

We are working on getting a patch out for this today, we noticed it late last night and updated github but then realized this morning this issue was intermittent so we're working on a small update for later tonight. Its not a mandatory update at this point. We'll make it clear once the update is available.

I'm surprised with the dramatic increase in network hash that it has not risen quite a bit but I think it's pretty clear that judging by the size of the orders on the sell wall, it's original investors willing to take their licks and get out at a loss.  Most people could not have mined the number of coins for sale on the sell wall in the past 10 days - it's original investors who are dumping at a loss and will just move one - the supply of coins at these prices will run out in the next 7 to 10 days to the bargain hunters and the prices will rise - it's almost inevitable.

I'm all updated, no probs......all synced up and all coins accounted for:-)

In short the supernode (aka DNS Seed) is what the wallet connects to first in order to find other nodes. This makes it so that you don't have to add nodes or mess with configuration files. It is critical that this supernode always be on the latest codebase or forks and failure-to-sync can occur.

We are waiting for the supernode operator to return. If we do not have contact from them by 9pm EDT we will attempt a workaround. Will keep everyone updated.

the features do work, we have discovered a bug in the GUI element of wallet for the offers page so we have removed it in this update.
as dano said its non-mandetory so you don't HAVE to install this update
and its only a temp fix so people can use the wallet until we fix it properly

in regards to refunds, why should they?
everything is working, we met their demands, at one point we NEVER said it would work in the GUI we added it to the GUI to create a better user experience which we have already agreed needs work.


If all you can bring is FUD then please go away.