It has been a wild week at KitthCoinHQ, location: internet. We "relaunched" 2/3 as promised (well, 30min late but hey) and the reception has been fantastic. At time of launch we were on a single exchange and had reached out to many exchanges but hadn't gotten any response. Now we're just getting added to exchanges organically! The community is growing by leaps and bounds everyday and the team has some awesome new work to share with the larger community.
If you've followed KittehCoin you know there was no premine, and this team kind of "inherited" it from the creator. Please keep that in mind when you contact us asking for free coins, this isn't that kind of coin.
If you are a pool operator and have not upgraded to the 0.6.4.1 client you MUST UPGRADE. If you do not the blocks from your pool will be orphaned, and your miners will be working in vain. We now have >51% network saturation. The hard fork block (131913) should be reached in 4-7days depending on the rate of block generation. We will be the first to admit we underestimated the time to reach the fork-block, and will be tightening up those calculations for the next hard-fork (foreshadowing!).
First things first- where can you buy MEOW these days?
We have also explored CryptoRush.in, but they are asking for 0.25BTC to be listed. We feel exchanges (who profit from listing coins in most cases) should list a coin because it has a critical mass, a strong community, or the exchange operators value the coin and see potential in it. The ability to buy your way onto an exchange has us avoiding this exchange for now. We have been listed on several directories including CoinWarz, and several others.
There have also been a number of new games popping up which support MEOW such a
meow.coinwheel.me and others, we will be listing these on our site later today.
We have been working on an online wallet service for KittehCoin wallets. This type of thing requires extra security auditing to make sure everyone's MEOW is safe so the timeline for releasing that service is a bit further out. BUT- we already have an iOS wallet app ready that uses that service as its backbone. As you know Apple has been kinda of waffling on the approval of cryptocoin apps, so we're waiting for approval right now, but here are some teasers:
We hope to have this rolled out soon! These images do NOT convey final design, but its close
Another item we have been working on is a way to help support our miners. We know the KittehCoin difficulty is a roller coaster the way we have been getting attacked by multipools combined with DDoS attacks on our pools. To help mitigate this we have taken immediate action and have implemented the Kimoto Gravity Well difficulty algorithm (KGW) into the next release of KittehCoin. We are using the adaptive N-Factor implementation that VertCoin uses (hattip to them!) but we're feeding our 60s blocktime into that algo rather then the VertCoin block time.
Now fixing the difficulty issues are awesome but we are working on a lot more than that, we're working on three things in parallel in terms of the coin itself, all of which require waiting for the hard-fork block to be reached before we can release, and this will require another hard-fork (this 2nd hard fork will occur much more quickly than the first one, we learned!).
- Upgrade KittehCoin codebase to 0.8.6.2 - completed, in final testing, waiting for hardfork
- Implement KGW diff. algo in KittehCoin - completed, in final testing, waiting for hardfork
- HUGE new features in 0.8.6.2 - final phases of testing
You read that right, we're going after 3 major updates in parallel. Why? Well because 2 of the 3 would require hard-forks, and so we feel it best to incorporate all of them into one release, one fork, and then KittehCoin will be solid for the foreseeable future. As you can see by our quick response with the implementation of KGW- we listen to our community, and if the need for additional changes arise after the 0.8.6.2 release, we will respond accordingly. The alpha for this release is already on github.
So you're probably wondering what #3 is in the feature list... its something new, novel, beneficial to miners and users, and has never been done by any other altcoin. For this reason we a) need to make sure we test it thoroughly prior to release; b) make sure we market it right, since it really is a big deal for cypto/altcoins in general; c) we had to get a private github repo so people didn't steal our work before release. We will make this public when its ready for release.
Things we could use the communities help with:
- Putting together a proper marketing/PR team to dress and announce these new features and releases in the best way possible. We'll admit- we're coders. We aren't the best at marketing, but we have a killer community and are dedicated to making this coin better and better. If you have marketing experience please reach out to us if you haven't already, you can make a difference for this coin! Also, it takes a lot of time to write up these updates, time I could be using to code, while a marketer does a better job in general crafting these updates
- Locating a payment processor. We have requests in with a number of 3rd party processors but if you run a payment processor or can give us an inside track we and our community would be greatly appreciate that. This also ties into being able to leverage MEOW for donations and fundraisers in a more effective way as well as enabling the standard purchase of goods and services.
The timeline on the 0.8.6.2 release is TBD- we first need to get past block 131913. After that its just a matter of making sure it is solid in testing before rolling it out to the full community.
KittehCoin is here to stay! We listen to our community and try to help other altcoins too. We feel like "altcoins" in general are one big community and we are happy to help any altcoin that isn't a sleazecoin. We're actively working with the awesome devs from GOATcoin and AmK to help with some mac wallets for them. KittehCoin comes first- but as we have the ability to help and knowledge share, we're all about that.
Want to thank everyone in the community for their massive support. Our team works very hard to make sure the users can connect to peers, miners don't have problems, wallets are working, etc etc. We know there is a minor issue with the zip file on our paperwallet, I will be fixing that today. Please keep up the support and join us on our
forums or on
reddit!! More news to comes soon, hopefully Apple gets its act together!
TL;DR:- We're on a bunch of new exchanges, organically! Go buy your MEOW!
- We have an online wallet service on the way and an iOS wallet app powered by it waiting for Apple approval
- We have a huge client release in alpha testing that has 3 major upgrades wrapped into one- 0.8.6.2 codebase, KGW diff impl, and another big new feature that we'll announce more on in a future status update.
- We're looking for marketing team members, give us a shout!
- We're working on a payment processor(s) - know someone? pls contact us
