Pretty much spot on! Whitepapers are on course for completion as announced.

I am in a position to deliver some news:

The new protocol is intended to be administered and governed by groups of voting masternodes and is to include a revolutionary new Proof-of hashing scheme. All this will be confirmed in detail in the forthcoming documents.

A minimum coin holding will be required to operate any masternode, this amount is subject to change but to give an idea this will be at least 5M old coins' worth of new coins in the first year. The proper operation of a masternode shall be a profitable enterprise.

The new protocol brings together all the different initiatives we have put forward to date, only this time with the technology we need to make them happen right on the Carboncoin blockchain (the Carbonchain).

Please try to keep questions reserved for after the whitepaper release.

Best

AM