Quote from: bluelab on December 28, 2019, 10:03:36 PM

While Einsteinium Foundation is preparing more official updates, I am willing to post a 'soft update' and to provide some insights, as interest in this coin is constant.

First important thing is that Foundation as organization is committed to continue support and work on ideas released back in 2014, along with EMC2 coin.
Second is that all members of the team are active and the team as whole is compact and even looking to extend.

Now we all have to admit that general conditions have changed. In addition to that the core team faced some technical difficulties in finalizing MIL coin designed to cover Foundation operational and future development costs as well as to represent the new set of products/platforms/tools to be heavily used by scientific community in their routines.

These two resulted in postponing MIL release. We are aware that this disappointed some community members. But we also know that true supporters are around and looking for opportunities not only to trade but to help the project in the best way they can.

It is not easy to onboard person to blockchain organization, same way it is not easy to train and get the pilot. It is actually very expensive and time consuming process. But now that we are at the new beginning I think it will be very beneficial for the foundation to go through restructuring and for the current team members to make an extra effort and steps to recruit and to train more people. And they are willing to do so!

On our last meeting that happened a week ago, I personally expressed interest in working more with scientific community directly. I believe that time has come where the thing we are building has to be real, so the presence of real users is essential. On the same meeting I also recommended to the team that two titles that I was holding should be transferred to other teammates that are with EMC2 since day one. My focus will be pure business development and focus on scientists.

On the same meeting we discussed the idea of releasing MIL ERC20 as a place holder while we are fixing MIL main net. The current status on MIL development is next:
- After deploying first MIL pool, it got stuck at the block 29999. This issue is still not resolved, but after extensive diagnosing we nailed down what is causing the bug, and most likely it is DAG structure from ETHash algo, that needs to be changed after certain time. Vlada is actively working on that. I really hope that after that will be no other major bumpers.

So MIL coin is under construction and we are looking to fully release the main-net and to complete mapping to EMC2 in 3 to 1 ratio, as originally planned. All of that does not prevent us from making ERC 20 place holder, but also MIL-ERC20 to MIL 1:1 converter. The reason is easy integration into existing trading systems.

More on this can be discussed on current EMC2 communication channels. I encourage all, the team, the old members, the new members etc. to openly talk about what would be the best and fastest way to bring what we have so far and whats coming into usable state that represents the real value.

At the end I am happy to share with you that few promising exchanges initiate conversation with EMC2

To summarize this update:
- Mil coins is being worked on, the development is active
- Foundation is looking for restructuring
- Foundation is welcoming more people in, especially ones that come directly from scientific community
- Foundation is prioritizing work with scientific community
- MIL ERC20 as place-holder discussion is going on
- Keeping percentage of MIL in ERC20 format for easy integration cons and proms discussion going on
- Some marketing strategies to fit Asians markets are going on
- Exchanges are expressing more interest in EMC2

I am really hoping to see year 2020 prosperous, and wish you all the best!

Malden Trifunovic

2020 EMC2 ===> we demand you release the premine "foundation" coins to a proper custodian. :\ thanks - Weeee