Quick timeline/summary of what's going on from the devs perspective:
ICO was AWESOME - it was so AWESOME that tons of people tried to hack us! - we delayed the release of the ICO coins to protect you guys! - we can fix it by resetting your passwords! - Wait! People tried to hack us again! - We are going to recode the entire thing! - it's going to be done soon! - A little bit more! - Look! We have coffee mugs and are coding, just a little more! - soon I promise! - Oh, we decided to test the entire thing using this elite group and it will take another three to four weeks...
Ok, so if I am level headed I would assume that this is for the best and the devs really are trying to secure our coins.
But, also, if I am level headed doesn't this just seem really messed up?
On top of that here are some hardcore red flags:
official EU, Asia, and US mining pools stopped paying out ETN even after blocks were still being mined. There's 5 to 10BTC that just hasn't been payed out.
blockchain explorer is buggy.
only paper wallet, no gui, mobile wallets.
no app for apple devices.
Well, basically, it seems like they are using the hack (whether real or not) to spend a month finishing things that weren't finished in the first place.
And all the while bragging about how ETN is in the top 30 at coinmarketcap
I was a day one ico investor (meh, "investor", I only put 2 eth in) and have been really supportive of the project.
But this sucks all kind of major balls.
and now you can consider my venting over and proceed with the "I told you so" or "Stop spreading FUD! ETN is my lover!" posts
They are very incompetent at everything except marketing. As much as delays can always be expected, what this all means is that they were not doing anything at all for a month and a half while they were receiving a lot of money, and just like you noticed, they are using false excuses just to make up the time now.
However, thanks to their marketing, I still have no doubts that we can expect great things from ETN once when (or IF, it fits much better than "when") they complete the basic stuff that should have already been done.
