You're absolutely correct that's why we will be displaying how it all progresses but no we're not going to rush this. Rushing something like this is asking for failure.

Oh fine, fine, give us a few hours and we will unveil some teasers. We were talking with Cryptopia yesterday for a while things should prepping on their end now for when we have the new chain live. Currently we are finishing building the new client.




That's up to those other exchanges. We will of course continue to push the project but support is up to the service providers out there.





Thanks for your support it's seriously appreciated.

We will, it's still going to be a couple days before anything becomes officially announced on the OP.





Would be nice but mainly we care about the features working so that this system begins to function and we can hit a milestone then burn rubber towards more cool stuff

We're probably going to run the original chain for 2 months or so after swapping begins to allow for everyone to migrate to the new chain so that there is the least possible chance of loss.





About to go check up on Cryptopia and the others and see where we are on getting ready.




No set date for PoR yet, just can say that it will be relatively soon.
As for the new stake mode yes the PoS would stake up to a limit to keep things fair, when PoR comes into play it will add onto the system.




Hopefully we can reiterate a bit as well:

It's being dropped from 500B to 50B so thus it will have a 10:1 so that no one is losing anything.
As for how much we create, we will create the same amount that has already been mined with the current chain, any unswapped or unnaccounted for coins after the 2 month swapping process will be burned and the new chain will be adjusted to ensure 50B is generated despite possible large amounts being burned due to unclaimed status.

It will still be a few days, we will announce the new client at least a day in advance to let everyone know before we begin.
We are taking this nice and easy.
Besides the exchanges we have listing Espers will need to change over as well. Let's give them some time

The answer there is both at the same time

Exchanges need to be notified considerable time in advance prior to a swap to make sure it's a smooth transition.
We'll be releasing a roadmap first, then the once the new wallet is released the swap will begin.
So far the plan is to have users send their old ESP to a burn address along with supplying a new ESP address which will then credit their previous holdings back to them just now on the new chain.

Heads up guys,
Cryptopia has been notified, we will see what happens, Yobit will take a while to get back to us if it's anything like last time and we will contact Nova later today.


@CjMapope - Thank you very much for answering tbearhere's question

Thank you for lending us your support!
yes we had legitimate reasons and this was actually discussed by the team several times prior to it being requested by some of the community members. With conducting the swap there will now be a use for it due to the ease for us to integrate features with and the payed messaging system would go live thus bringing us about 30% of the into our project goals. (Btw a roadmap is coming with the swap, we were waiting to see the response and so far it's pretty positive)

As for the "never say never" bit you're right, however we REALLY REALLY REALLY don't like conducting swaps and other events that cause users to perceive a shady or fishy event as that's not what we are about but events such as swaps have been tied to quite a few failed projects and most users don't like the taste of it.

As the community so far is being supportive of the swap we will begin contacting exchanges and let them know what our plans are. The new system will not take long to build but the changeover will be carefully conducted so anyone running the current system will have plenty of notice.

1. Ofcourse if the community decides the features that were all discussed will be implemented into the current source, however do to sheer simplicity we are offering a faster alternative which will allow the system to get much closer to what we envisioned and provide users with a great service.

2. As for the technical reasons for why we are recommending the swap is this: It's a VERY FAST conversion to a much newer base reference source, it will immediately have PoW/PoS and have the messaging system built into it (this will take longer to properly implement into the current source as many changes are required). As for the MAX TX issue there are other ways around it besides lowering a coin count, however, lowering coin count will significantly make it easier for the system to handle the current issue if not negate it entirely thus avoiding the need for a "fix".
Now for the PoS concern, we do have a legitimate reason to implement PoS as PoR will need to pay a little extra to bagholders PoS would make for an excellent solution to that while PoR would still be running via the connection count process we've explained before. In other words again it would make the project progress faster.

3. Espers 2.0 would not just be a dopamine spike, we are offering many new features with the swapout immediately upon launch as apposed to changing the current source and burning considerably more time that could be used to further the project to our vision as you aptly put it, we have a vision, we are heading towards it.




Well PoS would be more of a topper to PoR, reason being is PoR was designed to also reward bagholders (to a point to prevent abuse) however instead building that feature into PoR and re-inventing the wheel the thought was to modify a PoS system to become that topper to the PoR system instead and save considerable amounts of time (ofcourse everything would be polished up as time progresses)

As for the PoW Mining Reward reduction it would stay a 10:1 redux just like the max redux of the coin count itself sorry for not describing that better. Yes PoR will result in fewer PoW blocks in a sense, the system won't care what Proof Of finds a block as much as it will about hitting the cap as the moment it does it will stop subsidy and pay only network fees ( including those used to send messages and other features that will all be implemented to bring the system full circle. The goal being to have users using the system and having the system pay back the ones using it. As for PoR payout, yes it will be considerably less than PoW blocks as it will pay anyone online (similiar to PoS but definitely not the same)

20 second block times are desired simply because the system requires 6 confirmations @ 20second block intervals in 2 minutes a transaction would be verified and usable. 30 seconds it jumps to 3 minutes, again it's up to the community but 20 second block times shouldn't be an issue, if you're concerned about the chain growth we have developments to solve the inevitable growth of a chain so don't worry.

We do not want to change the Algorithm for many reasons, the main one being that we have been saving to pay for the NVIDIA miner and then this algorithm would have support of all GPUs not to mention all the hard work and effort by people who build miners for CPU and GPU, once the other payout systems like PoR and PoS are put in it will also help alleviate the pure PoW issue for other users without any kind of mining equipment. CPU only projects can also fall prey to botnet mining and other forms of abuse which were seen in the beginning of this project.

The addresses for the new system will have the same starting letter of course but no this is a complete swap to a new system that will not remember your old addresses or balances. As for swap via import of old DAT file. It's a very neat idea don't get me wrong but there many logistical concerns with doing so and abuse concerns, as such we were hoping to conduct the swap over the course of a week ourselves upon uproval to conduct the swap by the community. So far it's been a positive reception with Gandalf raising some good points and of course being concerned about losing focus of the end goal which is not what's happening here, this swap is intended to assist us in providing you folks with all the features we stated are the end goal.

This isn't a pump, this isn't gimmick or a "dopamine spike", this is just something that we are offering to shove all of us users and devs alike forward.
Oh and one last thing, we will NEVER conduct another swap after this. EVER. Just thought you folks should know this won't be a habit.

Roadmap would be released with the new client if that is what the community approves of
As for implementation the promised messaging will be implemented immediately.

@Everyone

We would like to extend a HUGE thank you to all attendees of the first Espers community meeting! All of you who showed up were a big help, lots of good ideas and strategies thrown around. Not quite the turnout we were hoping for however due to a short notice, poorly planned, whack scheduled meeting it wasn't bad at all. This being said there are a few things now that we need to talk about with the rest of the community as it will define the way Espers continues to progress. At the end of this post will be a meeting minutes notes so that way everyone can see what was discussed.


First off is the question we all have been waiting for:

MANY users have exclaimed that the coin count is much too large for their liking, due to the coin count there are also other minor issues that cause inconvenience to the end user and that is not something we like to have our users experience, EVER.
Another issue was that a few users wanted PoS to be implemented and to be honest there is no issues in having a PoW/PoS/PoR coin as the PoS can simply be the portion of the PoR that would still reward bagholders however on a capped max possible payout so that way no one user can have staking control over everyone else. Keeping the system fun, fair and with more options for those without mining hardware. So in the end it was strongly suggested that we conduct a swapout (as upgrading the current source to a 0.10+ BTC based source directly from the current source would take an unreasonable amount of time. By conducting a swapout for what will become the new Espers it will ensure that many of our promised features are immediately released upon swapout due to simplicity of integration of features to the newer sources.

Directly below is the proposed swapout details:
Espers (you could call it 2.0 in a sense)
- Drop max coin count from 500B to 50B
- Conduct a 10:1 Swapout for all current users (preserving value)
- New coin will be a PoW/PoS Hybrid from the start and later have PoR
- Secure p2p messaging/emailing system will be released upon launch of the new chain
- Blocktime interval will stay the same 20 seconds (Unless users want this changed)
- Block reward will drop for PoW considerably to allow for proper payout schematics
- upgraded base reference source from a 0.08 BTC base to a 0.10+ BTC version base
- No more MAX TX issue
- network monitoring
- Much much more (feature wise)


If you have any questions our comments PLEASE LET US KNOW!



Meeting Minutes:
-   Multiple community members are quietly developing software to interface with Espers system
-   Get younger people involved (local community)
-   Host virtual get-togethers to get different communities and people involved from around the world
-   Re-arrange the ANN, sort miners in order of OS and release date
-   Suggest Swapout to a PoW/PoS hybrid while we finish PoR and implement the messaging system at time of swapout, most suggest 50B and a 10:1 ratio
-    Mobile wallets with staking/pow/por generation will include S-Messaging
-   New chain will eventually store user account info (if user wants to register their account to the blockchain)
-   2 FA ability (mobile wallet will request permission from the user’s full client/phone/alt email/Espers-2FApp)
-   Setup a SMS to Espers Messaging system so text messages can be received by Espers users and visa versa
-   2 FA ability with custom Espers App instead of going through sms to a user’s phone
-   Load videos on the CryptoCoderz youtube
-   Actively update facebook/twitter
-   Conduct daily vBlogs unedited on youtube


There were other topics discussed however the conversations drifted into the above stated direction.

We hope you hear from all of you and once more, thank you guys YOU'RE AWESOME! We thrive off of your support.

Привет, народ,

Простите за небольшую активность мы были очень заняты, программирование более новые функции и другие вещи . Как родной сам русский , я должен проверить этот форум нить больше, и я буду в будущем. Спасибо идет ко всем вам для наклеивания с этим проектом так долго.

Ах да , и одна последняя вещь: Secure система сообщений в скором времени для запуска , ожидание будет закончена в ближайшее время.

Мы объявим его, как только она выйдет

(Everyone)
>>>Here's the link!<<<

we will be running this meeting for most of the day. We hope to meet everyone!

Espers meeting is now officially over!

We'll post the meeiting minutes in just a bit

Hey there folks, the meeting is about to go live and as such some of us will be going down for a wee quick nap, when we are up we will have links, and people awaiting discussion!

Looking forward to hearing from you all.

@Everyone

The virtual meeting will be tomorrow (just a few hours for some).
We will post a google hangouts link for everyone once the clock rolls over to tomorrow.

As a repost of what will be on on the topic of discussion:
Some of the topics to be discussed will include:
- PoS Implementation
- PoR Implementation
- TX Max Issue
- Client Feature Overview
- Client Reliability and Usability
- Open MIC (Talk about whatever)
- Emailing on the Blockchain (prototype nearly done)

To be perfectly honest, there were multiple reasons, the Final Fantasy relation we actually didn't realize until after we had named it though.

Btw: looking into a couple things but the messaging system might be released earlier rather than later

Somewhat   >.>   <.<    >.>    ... what of it?





There was another user who lost coins, we're working with them (lag in communicating over PM) to get them reimbursed.
If you can somehow prove to us that you lost them we can help you out.

Very cool, thank you!

Seriously, We have not been monitoring mining or price at all. Don't have time to do that.
We released what we have and continue to work to release more faster.

I don't know what you think we're doing here.

Wolf0 made this a public release, sorry that we don't have equipment to test for ourselves... We'll ask Wolf and get back to you however from previous conversations with him he's stated that he's attempted to help a few folks for whom it did not work.

Also we are now debating on adding a low modified PoS into the client. Don't know why you insist the distribution is unfair, I'm sorry you can't get the new miner working however there is nothing unfair about this project.