Post
Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)
by
flamingleg
on 17/06/2014, 02:45:00 UTC
Everything that is in the wallets qualify for a reward payment. The mined coins are still there. I just need accounting to give me a solid go ahead on what would be the best way to move forward with reward payments (how much & how often). The basic idea is to enable trading at around the same time the new financial report is published (end of June). New KYC docs (less invasive) should be in play this week.

The two initial reward assignments were token amounts (~$20k in BTC each), mainly to test whether the end-to-end process works as designed (apart from the decimal issue which needs fixing, it does), as well as checking whether the retroactive assignments (unclaimed shares claimed after the fact) work. Though it's code-complete (deterministic) I've not yet run the retroactive assignment. Will communicate better on this process when I run it.

So far, other than the complaints about non-instant withdrawals, is there anything that needs addressing? I saw movement on that specific issue earlier today so it should improve henceforth. I have a weekly call with the cryptomex team on Tuesdays, I can bring it up then.

But still no answers about coins mined before cryptomex opening.
Also what about dividends for the ones, was not registered on cryptomex on time of last divs payout?
Are they shared between registered, or they are waiting for registration or?

There should be an option to disable / enable 2FA once you are logged in.

The 'funds withdrawal request form' (funds_form.php) needs some cleanup work. Mousing over the text fields reveals some erroneous field data, clicking the vestigial settings button in the top-right corner produces a pop-up when moving to another window. Withdrawing and depositing funds should be as sanitary as possible. Not revealing underlying variables and firing off random triggers or events from simple, ordinary use. Without access to the code I can't be sure that everything under the hood is secure, but it certainly doesn't feel that way.