Hello everyone.
Many people ask about the current team tasks, so I decided to make a short announcement about timeline and targets.
1. Basecode update – we’ve already prepared two test versions of new basecode. The key difference between them is that one of the versions is the PoW only version and second one is hybrid PoW/PoS. We did some market research and our current opinion that we should switch to PoW-only version. That strategy includes migration to the new algo after switching off PoS. So meanwhile we preparing brand-new mining algo for Numus - skein is really cool, but its really "hot" algo. Our target is to create an algo that will use less power at full power limit of mining rigs. Can’t guarantee that it will be suitable for AMD mining, but we will try. And please be patient, the work that we are currently doing is quite big, especially during vacation period over the Europe.
Expected release date ~ mid-August. We will ask exchanges to put NMS on maintenance for ~ a week to let NMS switch to the new basecode properly.
2. mnrank.com rework - as you can see we did complete rework of MnRank, and implementing small updates and changes almost everyday. Current big task for web-team is a monitoring tool. Also we already discussed new analytic tools that should be implement in future after finishing the monitoring tool. Many people asking us about charging listing fee in NMS - there is no difference even if we receiving BTC for listing, we are buying NMS from the market for the same amount of BTC. We will start to push NMS hardly right after the basecode update will be done and resource itself will be more attractive for devs to have a listing here.
3. Price drop - the whole altcoin market are falling down. We discussed it internally with a team and then we did some similar projects analysis and most of them are moving in completely same direction as we are. Our position is that no matter how its going on right now, we are keep working and keep accumulating NMS in our hands as much as possible.
numuscrypto
Thanks for the update, guys! I really appreciate your honest, no-nonsense approach to interaction with the community. You are honest with us and we're going to be extremely honest with you in return. Great stuff!