its refreshing to see that the community has remained strong, and rebuilding SOIL, as a functioning dApp platform as well as a profitable exchange commodity, wont be as difficult as one might think. first things first, we need to have some sort of organized development conglomerate thingy figured out. and we need a functioning website up and running and hosted before any exchange will look at us. bittrex has adjusted their requirements for listing, as well as their avg. daily trade rate (to 0.5 BTC day avg over 7 days). i have submitted the necessary ID information for the "enhanced verified account" and as soon as we have the website back up and running somewhere, we can look at a relisting/relaunch.

my question is how well, especially on average block times, the homestead protocol testnet has been running. the super long block times that occur when a mining farm takes advantage of a small cryptocurrency such as SOILcoin have been devastating. the difficulty adjustment alogithm became a huge problem. the adjustments to difficulty adjustments in the homestead protocol were supposed to have dealt with that.

i think if the homestead testnet has been running well (ill have to build and play with it this evening) then we should discuss if any of the core protocol changes need to be made. 15 second blocktimes, with adjusted transaction scalability, should be kept, in my opinion. ive read the ETH wants to process 3-5 second block times, and that might be a smart option for SOILcoin in the future, especially if we follow along towards the Casper Proof of Stake minting strategy when they have a stable version of that running.

should the block reward increase, considering the low unit valuation presently recorded from bittrex at 46 satoshi? does that value really mean anything anymore? im not sure what the buy/sell walls looked like on bittrex at delisting, but the order book has been scrubbed as far as i understand it. thus, with a low supply and low distribution, hitting the reset button on the exchanges gives this community to move away from a panic sell valuation to a more sustainable currency value.

the present distribution scheme of 1SOIL block reward against a targeted 15second block time gives a projected daily mintage of 5760SOIL a day, or a hair over 2.1 million SOIL annually. with a current circulation of 3.3 million SOIL entirely in investors hands (i have bought back 26k SOIL when it was at 550-700 satoshi, that is the whole of my funds) how we approach near term inflation can be important.

a commitment by the development team to contribute solely to a community hosted mining pool for blockchain hashrate stability would be ideal as well. i have an idea about the use of tokens as a proof of share example that could be used as a subcurrency and setting up an organized and decentralized mining cooperative of that sort may fund a "community funded mining rig" whether that be thru fundraising and community pool shares or via the purchase of a community development fund feeding cloud mining instance may also be the answer to protecting our blockchain from the mining farm attacks while keeping the profits from the pool within the community. pool contributors could choose to pay a higher rate of minted coins back to the foundation fund and be rewarded with higher shares in the "pool token" output.

if there is faith in the operation of SOILcoin under the Homestead protocol, then perhaps a scheduled fork should be set, preparing the updated clients and prepare a relaunch of the SOILcoin community under the Homestead protocol. its a chance to breathe new life into tis currency, and make it a truly community driven project. may 1st, beltane to my faith, is the first day of the summer season. thinking strictly metaphorically, that might be the perfect day to schedule the "relaunch" of SOIL mainnet under the Homestead protocols. what says anybody?

FUNDING some of the things that would quickly push adoption is another issue. simple things such as a registered SOILcoin web address and hosting (my example yesterday of soilco.in was $16CDN, or abt .01BTC. if i can wrangle that from my personal budget, in the next week or so, ill set it up) and to have funded hard nodes (perhaps what any fees from a community mining pool could be used to cover) running to ensure network uptime. many exchanges have quick listing options with the use of BTC. i think it was YoBit that i experienced a nightmare with trying to get us listed, but they may have improved their service since then.

with the funds set up already for listing at novaexchange, id urge getting SOIL listed for community voting at the very least as soon as possible. a twitter campaign for votes may prove fruitful as the threshole for inclusion is only 250 votes and im sure i could talk at least a dozen friends to sign up to nova just to vote for us... its one vote a day per user, so organizing that wont be too hard.

further funding may be in the purview of SOILcoin development team produced dApps that can be monetized towards the overall SOILcoin archtecture. id started building up a SOILcoin resident version of the DGX gold-backed token on ethereum, setting it up as pegged to XPD and XPL (platinum and palladium, respectively) as well as the contacts to cold storage vault providers, etc. lost somewhere in the shuffle of forum posts here is what i wrote last year regarding tokens, or subcurrencies, and the atmosphere for that technology has blossomed since then, with many of those projects subcurrencies being traded on altcoin markets. we should look to those as examples moving forward, but in this rebuild mode we need to get the basic building blocks of our presence rebuilt and available.

i will do what i can to assist in building a new website this week. if anyone want to to donate or fund the purchase of the soilco.in domain name and hosting cost for the first year let me know and we can work out the details. ill try to find the cheapest alternatives, but something that isnt hosted on a freebie website will have a bit more of a professional appeal to it right off the get go.

in building up the new website, a short bio on the people stepping up to work as part of the development foundation for SOILcoin would be a good thing to have. anyone here can always reach me on facebook as Abvhiael Crowley, but ill try to provide more comprehensive contact information on a rebuilt website.

its nice to be healthy enough to be back at work on this, although the urge to dive in and spend 10.. 12 hours researching dApps and implementations and contacts and the like is overwhelming. time to step away a few hours and get some housework done. as before, im not a welathy person and working on SOILcoin isnt really something i eer believed would get me rich, and it remains something i can see as taking a good five years to build out int what i foresaw originally.

i will put in as much time as i humanly can to this community, as i did before. if anyone appreciates a project i present, ill GLADLY take tips in cryptocurrency. my original SOIL developers address at 0xe46731382fbc47621a6c480d4b6118026bbbcb3a remains valid, and my BTC address is 1H3xcVEZqPpAH4m8ULr6eh6aF3kpywc9Rw

anything really DOES help as im on limited funds trying to keep up with the costs of my anticonvulsant medications and therapies. my wife is working, but only getting part time hours (although i can get anyone a great deal on stuff from best buy.... just sayin') i do need to get time in on publishing my waterfalls book, but with sunny skies and high photosensitivity, days such as today, ill be putting in to trying to rebuild SOILcoin.

i want to close with an apology to all who put time and money into this project. i feel like i let everyone down when my health took such a bad turn and i could no longer contribute (or truly function on a day to day basis) i want to rebuild this project into what i had envisioned a year and a half ago, and i welcome anyone who wants to contribute to this project to step forward and join the new development team for SOILcoin.

i think we have a different vision than other cryptocurrencies, and a large number of selling points. this project is far too large for one person, it takes a community to build something that will serve a community. we have a very innovative bit of technology at our fingertips, we can build some amazing projects on it and bring in new developers and projects. we need imagination and determination. we need a strong core and a set of smart contract defined priciples. im still ALL IN on the project. i hope i can make good for those of yu that were left "holding the bag" with SOIL and that we can recoup any losses and turn this around again.

ive given over the twitter account to marty, but we could really use a talented social media coordinator for SOILcoin. im too old to understand it, really, and im sure theres a thousand ways to bring recognition to SOILcoin that i havent thot of yet, so .... IDEAS?