Quote from: Huatah on January 17, 2019, 11:25:20 PM

Quote from: mbroemme on January 17, 2019, 08:46:58 PM

In less than 250 blocks (~4 hours) we will hit the full Dynamic Zerocoin Proof-of-Stake activation block. Almost 900,000 zGALI have been minted already and are waiting for increased zPoS rewards. The anonymous network is coming!

YAY!!.. thank you for your tirelessly effort to build GALILEL from nothing to something very technically advanced. Really glad that i found this project in time and rest assure people who got scammed by the original dev will be so thankful to your effort to help them revive if not some maybe all of their initial investment. Keep up the good work and will try to contribute in anyway i can for this project as well ..

note: still try to learn how this all zerocoin things... Tongue

I would not say that previous dev scammed people. He just left and had no experience to develop a crypto currency, an ecosystem around it or build business relationships. The other people are all there from the beginning, only old dev left and we got access to everything to continue the project. We are capable to do it, but we need to cover the basics first. Many coin devs believe that after forking a coin and changing some chain parameters, they are done. This is not my working style. Before business starts, you need a couple of more things like:

1. Paper wallets
2. Instant wallets
3. Mobile wallets (Android is on the way, iOS need some review as it is new from PIVX team)
4. Multiple exchanges to ensure liquidity
5. Advanced block explorer (our new one is a fork from Bulwark but requires CMC listing first as we rely on their API)
6. Leaving investment phase and entering business phase (after rewards are scaled out to final stage 10), in Galilel it happens around March 15th 2019.

Also from my perspective a very important requirement for success:

Intelligent reward distribution structure, only a few coins have it balanced well so that it is attractive to stake and to run masternodes, almost 99% of masternode coins appearing work in a different way: Stake as long as you need to collect the collateral, after that forget about staking and run a masternode. Masternode doesn't generate coins, if no one stakes, no masternode is rewarded. The less stakers you have, the less stable the chain is and the higher the probability for a successful attack. So whenever you see a coin where you immediately think: I need to stake or buy coins to run a masternode, forget about it and review the next.