Post
Topic
Board Announcements (Altcoins)
Re: John McAfee joins POWtoken as Chief Adviser
by
POW_SEAsia
on 23/02/2018, 03:24:17 UTC
Bridge Update

All Dev's working hard, aiming for 28th Feb launch of 'The Bridge'. We may miss it by a few days as we need to make sure is 'bullet proof'. Next step is Rinkeby network test.
Proposed Limits:
Combined (all users): 1bn POW/day; 
Individual: 1m POW/day.

On issue of limits. Primarily, security is the concern. The Bridge smart contract holding the "float" for daily transfer from POWtoken to Ethereum network represents max loss in event of "hack". In this worstcase 1bn POW loss would not be lethal.