I have some news: the testnet will be delayed by 7 days. This is necessary because the code is not as close to being ready as I had anticipated when I made that estimate.

I have come up with a schedule for remaining components to finish. I will give updates at ~8:00 UTC each day with what parts of the schedule I have finished the previous day (I am at a UTC-7 timezone). Whenever possible, I will also provide evidence that the functionality works. Here's the schedule:

10-14	10-15	10-16	10-17	10-18	10-19	10-20	10-21
CWalletCoin	accum. chkpts in block wallet witness update wallet mint logic	refactor CoinSpend RPC create spend + impl. store own spend pieces locally RPC get seeding spend proofs	net: seed spends net: receive and verify spends store received spend pieces	wallet spend logic	debugging (GUI if time permits)	debugging	debugging

I know that one week may seem like forever to some of you who have been eagerly watching this thread and IRC, but this is only a 15% increase in the time required since I started working full time on this, so not an unusual delay compared to similar large software projects.

The new launch date and time will be 2014-10-22 at 16:00 UTC.