I re uploaded it here since that other site sucked.
I already have a much better render available for you here, although please keep in mind this is not the design we are actually going for in the production prototype, just the 3rd pre-production prototype that you will see in a future video demonstration. http://i.imgur.com/STqwp.jpg
I have two questions though. Is this open source,
I've already answered this upstream. Many of the major components are open source, yes.
will anyone be able to develop applications for this?
That's still being decided. There is a balance of security versus functionality of course and if security weighs heavier, we may not allow outside application development. That said, we plan on having addons available to Ellet owners to add new currencies/payment methods and update existing ones securely.
Not as a watch. Do you think women will like your "male" looking watch?
It's not a watch. It has a watch band. It can be worn on your belt, on a watch, in your pocket, on your pocket, in your hand, it doesn't really matter and it's up to you how you carry it. As for women not using it because of the way it looks...why did you think there would only be one model?
i know! Matthew misses Atlas and the attention he got from him.
I wish Atlas would go away long enough to be missed. He spams reddit daily with self important opinionated garbage.
No one is throwing out their wallets, or getting rid of their purses..
They said the same thing about the home phone, the desktop, etc. You don't need everyone
in the world to do something, you just need a strong minority.
Its ANOTHER device people dont need, a luxury, specially when everyone NEEDS a cell phone and can have a wallet on it..
The featureset planned for Ellet cannot be done by any mobile phone currently on the market or even any phone I am aware of in the near future.
And most men will still carry a wallet.. Im sad to say, a card I can fit into my wallet will win everytime..
Matthew.. What are you thinking!
Im sooooooo heartbroken this is the design your going for..
Thank you for your feedback, but there is a solution for your concerns-- don't buy one
No way a device with no battery could power a vibrating motor, and no way such a motor could fit into such a thin device and still work effectively. I'm guessing this thing runs on a new design of flat supercapacitor, instead of traditional battery technology.
The Ellet uses a battery and is not a fictitious "project of the future" that paid representatives cannot get their stories straight about the functionality of. It uses a battery. It needs charging like everything else in reality. It also uses standard protocols and does not try to reinvent the wheel of dozens of years of progress "because bitcoin".
I wonder if it has a silent (airplane mode) that vibrates when funds are received.
This was the intention, yes.
A little update for everyone: If anyone remembers the magazine's beginning, they know that it was a trying experience for us putting the perfect team together (I actually fired quite a few people in the beginning just to bring the professional team I demanded). Well, this project is not shy of my perfectionism either and I've had to let an assistant engineer go. That said, he was replaced with two professional electronic engineers and they are working under command of my project manager, manufacturing agent and myself directly.
I had originally intended to show the 2nd prototype functioning, but I am now of the belief that there is absolutely no point to showing a larger device prototype sending bitcoins (what's special about that? everyone already has a mobile phone that can do that) and decided to hold off on the video presentation until this 3rd prototype is complete. I'm convinced that anyone watching that
video will soil themselves.
We've moved our company to the UK where we are now working on the 3rd and final pre-manufacturing prototype. This prototype will be our proving ground for all the features that we haven't yet announced, and a way to polish up the features that we already have announced. Security is obviously of the utmost priority as this device will be consolidating numerous payment accounts into a single usable interface, and I encourage everyone to speak up as to their concerns with certain aspects of announced functionality so that we can properly respond.
A world renowned (I consider to be on of the top 5 in the world) device designer is working on the production prototype model and casing, and I am busy with our own in-house team working daily to bring more useful functions to the device without bloating it. Since our investors are particular about the style in which we announce things, this will be the last unofficial announcement (I am happy to discuss whenever possible) on the forums and we will be announcing further developments through the Bitcoin Magazine and digital press releases.
Thank you everyone for your initial interest and it is my pleasure to continue to bring functioning and high quality products to the Bitcoin community.