Quote from: Richard1972x on June 02, 2016, 06:19:20 AM

Quote from: Richard1972x on June 01, 2016, 07:32:08 PM

Quote from: iotatoken on April 09, 2016, 09:07:44 PM

Quote from: Come-from-Beyond on April 09, 2016, 09:01:34 PM

Some news:

It was a bad decision to adopt address reuse, the scalability got a big negative impact and now I'm reverting this feature. Iota is designed for machines which can live without the address reuse, it's still possible to create a protocol on top of Iota messaging to support aliases for transfers though.

To add to this update:

We'll release a bare-bones UI without all the fancy animations and beautified icons, which will be extremely easy to use and nice, but not the final version, so that everyone can send/receive and experiment with IOTA in last stage of beta that we're entering now. This means everyone should prepare to begin testing, the more testing = the faster release.

Re: reverting decision on reusable addresses, just shows that we need to focus on the machine-2-machine nature of IOTA, not human use, which is why I am so negative towards all those begging for GUI instead of spending time on what matters: IOTA's IoT nature.

On the topic of Foundation: I see a lot of people want to pledge the proceeds from the 'Big deal' sales to the foundation. This is a great thing and I am very proud that we got such a forward thinking community that understand the importance of having continuous growth and active people ensuring future expansion of IOTA. If most of the pledged 'Big deal' proceeds go to the foundation I'll set the new limit on the Foundation to 30 million IOTA, instead of 50 million.

Other than that: There'll be big news will come soon about new partnerships, new website, professional video made and C# client in addition to our JAVA one.

David, can you please comment at your post in bold. At the moment the pledge proceeds of the "Big Deal" seems to be missing in your 5% calculation.
Thanks for your feedback.

Richi

Any chance to get an answer here?
I'm willing to donate as well but it would be great to get an answer here. Thanks 😃

Yes. We aim for 5% of total iotas, if most people forward the big deals profits we can go a bit lower, but it's not something people should focus on. The sum is for adoption of IOTA as IoT standard, the more - the better. 5% is not some magic guaranteed success limit, so trying to get it 'lower' is really not productive at all if you believe in our vision and execution. Plus we won't be able to sell 'big deals' at full rate due to obvious reasons, so 5% is the number you should focus on.