Notice the way they talk... they always promise big announcements and updates - “we’ve got a big surprise”. This is in order to pump the price. Could they have a huge surprise? Sure. Huge to them - Keep in mind this is the same team that thought implementing SCRUM and creating a gateway on another project’s Dex were huge ‘milestones’.

Even Allen said in an announcement that the team works to push out MVPs (minimally viable product) in order to pump the price. Saying they have a surprise is not much different than that. They’ve had ‘surprises’ and ‘hit milestones’, and ‘made progress’ for over 2 years now. I’ve been told that I’ll be proven wrong ‘soon’ an astronomical number of times, yet after over 2 years - nothing.

Everything is done just to string people along. They say they’re working on the platform (Zoltchain). They say they’re working on all these modules/applications like XChange. Yet everything is held back by the patents. Why are patents not the TOP priority? They never have been either. They shift focus from one thing to another (patents to mobile wallet to Waves Dex to mobile wallet, etc. Now, focus is apparently back on the patents. The only thing that has been released is the Waves client, which nobody asked for (24-hour volume as of this morning: $61) and they overcomplicated for absolutely no reason other than to control funds (but it’s centralized?). That was something that was heavily reliant upon someone else’s technology. Not to mention they could have just taken the normal approach and pay $3 and have your coin listed in about 5min.

But, think to the beginning:

- the code and blockchain: someone else’s
- the initial wallet: someone else’s
- the logo: someone else’s (Verge)
- the coin: someone else’s
- the name: someone else’s (there is a Bitcointalk user with the username Xtrabyte)

And you realize, nothing that we’ve ever seen has been their own. Maybe XFuel and now Waves (according to them). That’s absolutely ridiculous.

I’m guessing the update is something like they finished the patent paperwork to submit back to the lawyers for review. Like always.