First of all, we would like to openly thank both SgtSpike and viperjbm for their contribution in the final version of RLC. (for those who are not aware of their contribution you can check the first version of RLC to see their suggestions and ideas)

Secondly, we would like to thank both of them as well as some others for their replies and support in this thread.

Important: They have no financial interest in this project and their contribution was out of interest and with the intention to help create something different than just another Bitcoin clone. As you can see their help was priceless since RLC has the potential to become a PP alternative.

@SgtSpike: Actually you have replied to questions far better than i would have and thats why i let you and some others continue replying since you know most parts of this project and your replies are correct. So feel free to keep posting.

@DeathAndTaxes: We cannot guarantee a specific date that we will switch off central approval of blocks and let RLC run completely decentralized for one and only one reason. We dont know for sure when an attack could be non profitable for an attacker. We also believe that it is in our best interest to make RLC as decentralized as possible for the advantages posted above by SgtSpike. We would also appreciate any help from you as an experienced member of BTCtalk (and an experienced miner) to figure out the numbers behind mining and the point where we should switch off the central approval.

Now people wonder why would we want as a business to decentralize rather than keep all power in our hands. Well you can look at it this way: IMO there is a point where decentralizing could give a lot more power to RLCXE as a business rather than keeping it centralized.

Why? Because IF RLC becomes successful it will be target for a lot of people. This means that security measures around a central server would have to be huge and this means a lot of expenses.

Also think about government interference. I think they can easily attack a central server if they want to and burn everything to the ground in a matter of minutes.

Going decentralized from the beginning is not an option for obvious reasons.

Thus central approval at the beginning will help RLC avoid the early dangers and going decentralized at a later date will hopefully help RLC to stay in business for years to come if it turns out to be as good as we think it is.

Important: For some weird reason i get the feeling that some people in here have taken the part around mining and central approval a bit wrong. The central approval measure will be just a security measure against people trying to harm RLC. IF you are a miner willing to do good and power up the network then you shouldnt be worried about mining blocks because all your blocks will pass the approval. I think that you are overreacting when you hear the word "central". We are not gonna reject any blocks coming from honest nodes. We just want to have an added measure in case someone tries to harm RLC. If this happens we will be able to stop him before he does a lot of damage. As soon as it is deemed safe to switch off central approval then we will be more than happy to do so.

UPDATE: There was a bug found yesterday in the code and the developers are fixing it. We want to launch with a 100% secure and functional client and therefore we will have to postpone tomorrow's launch for a couple more days. As soon as i have news from the developers, i ll post a specific date.