The ICO looks to be getting a respectable amount of interest. Sorry if this has been asked and I missed it. Is there a minimum target amount of btc needed to proceed with the project? How much is needed to finance Nicolas Dorier to work on this project. And is there a time frame for for when this work will be completed or is it open ended? I take it that nothing has been started yet at this time and that the ICO is needed to fund development. I'm trying to understand when any work towards this project will likely start and when we could expect a release of any kind. Not an exact date but at least some kind of timetable would be nice. If enough isn't raised for Nicolas Dorier to perform the work is there a backup plan to enlist other developers?
Hey, just to confirm it here, I will work on Stratis Bitcoin full node implementation if Stratis manage to raise enough for financing my work.
This will be a bitcoin full node, based on NBitcoin. Easier to debug, compile, and change on your own.
There is not official minimum amount. However, no less than 1000 BTC would be required to develop this platform and to build our sales, business development and marketing team. This is the minimum amount required to have the capabilities required to make this project a success. In the unlikely scenario that we did not exceed this amount, we would refund all investors. I am confident that we will exceed this amount.
The end to end platform will be complete in November. Correct, Nicolas is ready to start working asap. I guess it would be easier if we was just cloning someone else's code.
We will release a beta wallet based on Bitcoin Core, within two weeks after the ICO closes. This will allow people to withdraw their Stratis tokens from the ICO platform and hold them in wallet, removing the need to trust anyone with your tokens. This wallet will not include our private chain tech, which will be available in our Full Node framework, when its released.
I dont see it as an option to utilize other developers to complete Nicolas's work, you only have to Google Nicolas to see that hes a top blockchain developer. I would not have the neccesary trust in anyone elses ability outside of Bitcoin Core development to complete this delivery. I dont think it has registered for some, but outside of Ethereum, I dont see any other projects with such talent on the team.