Quote from: pseudonymdude on July 27, 2014, 07:29:53 AM

Are you going to switch 0ne to a 1% POS? ...

Quote from: cryptozim on July 27, 2014, 05:19:44 PM

I came to ask about this myself. Looks like PoW will be over in about 3 days. It would be nice to know what is happening with the coin after that.

Quote from: emailtooaj on July 27, 2014, 05:46:34 PM

+5

Hi , sorry for late reply.
I'll try to summarize our situation . In the early first days after POW ends (ETA ~1 week) we as 0NE staff (and of course who want to donate a bit of hash power such as a cpu ) will take care about sustain the chain. This is NOT the final setup. As i said if you have a not so power hungry cpu that would like to "donate" to our project we will appreciate your effort and there will be a reward for this.
We are working on our multipool too as a part of 0NE center subproject, it will allow you to choose if get paid in BTC or 0NE and there will be a "donate" section where you could put if you want your cpu at support of 0NE.
As i announced few days ago we start working with a new dev that should help to cut development time and basically he is working to improve bootstrapping method Proof of Burn (cutting the "amount burned" part) and this in a couple of further steps end in a no mining power needed to keep chain alive and safe. he still finish to summarize if it is 100% trustable and working (means try to find any bugs in that system to find if it could suffer to mayor attack already known, prevent centralization, manipulation or modification from no one)
Please be patient few days more, we are quite close to the goal and i trust him , just this tasks need an unpredictable amount of times
see participation makes us each day more proud and encourages us to find better and innovative solutions. We further wanted to apologize with all of you for the delays and the slow growth. Our staff is composed mostly by entrepreneurs and freelancers, and in this pre holidays need to work harder. Hope that this busy period ends soon.
anyway, still there , still working behind, seems like a great prototype once complete, just need more time than planned due to new features
Best Regards