Quote from: joiblumen on June 11, 2014, 10:30:43 PM

I am currently working full-time this summer developing for Auroracoin and actively building a community here in Iceland.

I apologies for not providing any updates from me or others here in Iceland. To be honest, I was really worn out after the sudden crazy media attention here in Iceland, my trip to CFR in New York, and all while learning the ins and outs of the protocol for development. I was also a little afraid of keeping up the hype along with the inflated price from speculators and didn't want to bring any false hope if I were to fail in my mission.

That being said, things are going along quite well right now. I have gathered a good group of highly interested individuals and we are in the last phase of starting a real organization to represent the blockchain technology here in Iceland as well as supporting Auroracoin officially. Tomorrow, a public preparation meeting will be held and then we are good to go.
KBS, "South Koreas leading public broadcaster, the largest television network, and the most influential media organization in the
country" is also arriving tomorrow. They will attend the meeting and interview people for their documentary on Auroracoin.

Baldur told me some time ago that he (the pseudonym Baldur) would like to gradually step away from the project so he wont be seen as the leader, and suggested that I could maybe start a foundation for Auroracoin. After some thought, I decided to go for an umbrella organization for the technology instead of just an Auroracoin foundation as I think it will unite a lot of interested individuals here in Iceland to support cryptocurrencies in general.

Although, Auroracoin support will need to be a major focus. Due to capital controls, no one is able to wire money out of the country e.g. to Bitstamp. So the average person here in Iceland is actually not able to buy Bitcoins or any other cryptocurrency for that mater in large quantities, except Auroracoin. With just a few clicks, the average person can get a relatively large share of Auroracoin, so it is obvious that the organization should do everything to keep Auroracoin up and running and act as a foundation as well.

Regarding development; I have completed updating the Auroracoin source to the latest Bitcoin 0.9, and just have to finish getting every single test to pass. Next I will move on to porting bitcoinjs to Auroracoin. I also want to port libbitcoin and setup an obelisk server so we can have "darkwallet" as the go-to wallet for the average person.

Do you have any plans on turning auroracoin to proof of stake only?
Why would national currency should award anything to foreign miners? When it can be secured better without any mining via proof of stake???