When are we going to get anything functional? Because until then Bitcoin is king and no killer is around.
Probably not until after my medical trip in January to Singapore to try to fix this chronic liver and digestive (4+ year) illness that severely reduces my productivity to about 1/5 of normal. I have always (wavering but at least) some level of persistent delirium (due to toxicity of my health issue), so I struggle. Imagine trying to work with a persistent migraine headache. Roughly analogous to that (more on lack of energy to form cognition than on pain or throbbing). I have my moments, but software development is intense and requires a lot of long hours and most importantly it requires continuity of energy and thoughts (where you go to sleep thinking about what you jump on the keyboard as soon as you roll out of bed).
Also would it be a new coin or would it be a BIP?
I don't see any chance of Bitcoin ever implementing this because it eliminates miners. So it will never happen as a fork of Bitcoin. So a BIP is useless.
Also my angel investors wouldn't allow me to give it away for free.
Yeah it will be a new coin and
a new social network rivaling Steem but fixing Steem's flaws.
There might be a small ICO on launch (~1000 - 2000 BTC more or less), not on vaporware, to accelerate ecosystem developing funding (did you see I am creating a new programming language ... these things require lots of resources), with the majority of the tokens going towards onboarding millions of users into crypto (where the value proposition to existing token holders is non-dilutive).
It is possible I'll go fully with angel (private placement) investment and no public ICO, which is probably my preference for legal reasons. If I do an ICO, it will need to be SEC compliant since I am a USA citizen, so that means only high networth individuals if they are USA citizens or residents.
When are we going to get anything functional?
You wont
Quoted for future facepalm. Ridicule me while I am ill. You are going to get payback when I am not ill.