Ninjastic
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Board Announcements (Altcoins)
Re: [AXIOM] AxiomMemHash, Schnorr Sigs Implemented, APOS 3.0, AXH 2.0 Proposed
by
jc12345
on 13/08/2015, 21:11:52 UTC
Quote from: Flam on August 13, 2015, 09:07:06 PM
Quote from: jc12345 on August 13, 2015, 09:01:48 PM
Quote from: Flam on August 13, 2015, 08:59:22 PM
What about the whitepaper and roadmap ? You are in touch whit dev and don't even report what he said about this ? Or did he just threw those miners at your mail without further explanations ?

What he means in a sugar coated way is that the dev is gone and since he is not the dev himself he is looking for devs from the community to help him. Until then it is status quo. Best case scenario is that a dev/devs step up in the next month or so before the next high block reward to sort out POS issues as well as make the algorithm more resistant to GPU miners.

That's how it looks like but I want confirmation on this.

It has been posted 3 times in bold and black above. What more confirmation do you want? Change your strategy to long term meaning a few months as at this point the coin seems to be in the same boat as several of the other "CPU" coins. Alternatively move on and come back after the next high reward phase as with inflation added after that phase the price should be around half of now due to the lack of backing by a better GPU resistant algorithm and POS3.0 which would have been a differentiating factor. Had the POS3 been developed or algorithm changed as has been waited on by the community, it would have been a different matter. The community was waiting on a knifes edge for news to either way and the news that was posted confirmed why there was a delay. Perhaps someone from the community will step up, or perhaps not.