Quote from: WayForward on January 12, 2017, 12:08:04 PM

Reserve me down to do the English translation.

Quote from: planteater on January 12, 2017, 12:07:43 PM

Quote from: rakesh1_90 on January 12, 2017, 11:44:25 AM

So rchain will have 1 billion coins, out of which more than 90% will be held with the CO-OP?
How would RCHAIN negate the possible lawsuits coming against it with almost no funding? [From Synereo] - As mentioned by its CEO
When will there be a working product, After 10 years?...As mentioned by greg [ founder of rchain]

Videos, videos, talk and more talks....Promises and more promises, And you guys cant even have a firm redemption date before posting...pathetic in a sense

FYI- Redemption has been delayed as they still dont have a working code and have problems with OMNI node!

According to recent statements made by RChain, RChain will start out with one billion tokens, but after the redemption will burn tokens so that the ratio of tokens in circulation to tokens out of circulation is about the same as at Synereo. So, yes, a little more than 90% will be held by the co-op initially, but there will be fewer than one billion tokens total. The number won't be determined until after the redemption.

RChain and the major investors interested in RChain are well aware of previous and recent allegations against RChain. Since they've done their due diligence and aren't concerned about funds being drained defending against frivolous lawsuits, I'm not too concerned about it. Greg has stated that he will answer any questions asked of him, and that there may be counter lawsuits as well.

The roadmap hasn't been published yet, but we can expect a functioning product within a year or two. As with every other blockchain on the planet, it will be at least five years before it is in a state that could be considered "production-ready" for mission critical applications. It will be useful long before that, as Ethereum and other blockchains are now.

As for your other complaints, I'm glad to see that they are cautious and are willing to delay when it's the sensible thing to do.

Says the noob trying to shill for it.

He asked questions, I answered them. What does my newness have to do with the accuracy or usefulness of my statements?