Quote from: BitcoinSanDiego on April 08, 2015, 08:01:29 PM

Quote from: Videlicet on March 07, 2015, 06:18:36 PM

I am releasing 1.0.3 with POS activation in the coming few days. Keep posted Wink

Thank You,
Viz.

Hey Viz, this was over 1 month ago now since you posted this ETA. Can you give us a little more info on when you expect to release 1.0.3 and if you have run into any difficulties preventing the release? I appreciated your last update but it would be nice to have a little more info so community can help promote and bring in new investors/participants.

Shedding some more light on the actual progress being made by dev team behind the scenes would be great!

It's not due to developmental deficiencies, rather coordinating many changes in which I am implementing the PoS system with. I projected this time over a month ago before the internal changes we have been undergoing as far as the rebrand, new features, etc. in which I feel it most appropriate to release the stake system at this point. There will be no effect to the end user as their stake amount will be compensated in the extra time after postponing release - so with this being the case, I feel it is good practice to implement all the changes into a coordinated point.

I'm also working out a new technology I call "The Block Tree" in which inflation branches would be generated from the trunk via PoS systems, I am still undecided whether I will allow PoS on the Trunk, rather than their competing stake branches. This will allow rapid transaction processing as more branches are generated from their root transactions, allowing the network transaction processing to be expanded as transaction load increases because each branch will be capable of simultaneous transaction processing with other branches.

We will keep you informed with the establishing of the physical business structures such as office, corp, etc. The first will be called: Nexus Tech, Inc. in which will be responsible for the development of secure systems to be used in Nexus and many other industries.

Thank You,
Viz.