Quote from: synechist on June 22, 2014, 11:15:38 PM

Hi folks

We'll publish something soon that clarifies several aspects of PBoC, XC, Cache, and our plans for the future.

For the time being, here's a little bit of information:

- In distinction from PoS, which secures a blockchain, roughly speaking PoBC allows blockchains to talk to each other.

- PBoC is such new tech that (a) no-one except people at XC understand it (it's Jasinlee's invention), (b) it's not coded yet.

- PBoC is not going to be implemented in the near future because it will take an enormous amount of work and there are more immediate goals, like real staking Android wallets.

- XC and Cache will not share features

- XC and Cache will not have the same function, therefore there is no question of XC's money supply doubling. Why would any team want to do that to their coin? It's suicide. So why would it be reasonable to suppose that we'd do that?

- The team working on Cache is a completely different one to the one developing XC. There's no dilution of time or attention. Cache's development will have no effect on the pace or direction of XC or on ATCsecure's focus on it.

- Cache is not new to the XC project - it's been a facet in the project for a while - and yet you've seen the same reliability when it comes to release dates, and the same consistently rapid pace of development all along. So there's nothing that suggests a change or that anything is amiss.

- The XC devs have extensive business experience and know full well how to develop a technology. So when new technologies, partnerships, or functions are introduced into XC, it is done by capable hands. We know when a small, focussed team is best. We also know when and how to form partnerships. We're going to do both, because it'll create the brightest future for XC.

Now you can either doubt this information or run with it. I ask you to consider it in the light of XC's past developments, especially their reliability and professionalism. To my mind it's obvious: today the community became aware of an incredibly powerful facet of the XC project, and one that will be a game-changer in its mid-term future.

Nice summary mate, really hoping this is the week we start taking the sell walls down on the back of all of this great work and getting the coin priced more realistically... Carry on with the good work..