November 12-13, 2014 - Development Updates

I am up late/early depending on your time zone.  

1.) Refactored TilePay enclosures with "Industrial Designer". Some tweaks for manufacturing. Cost effective savings.
2.) PCB board development - Authentication for signed data.
3.) Counterparty update for development: One of the major developments for the counterparty protocol has enabled additional functionality that we can use for TilePay,
pegged assets, distributed voting, decentralized storage, and really distributed apps of any kind.

[–]PhantomPhreakXCP 18 points 14 hours ago
Counterparty can now do anything that Ethereum can! Namecoin, SchellingCoin, pegged assets, distributed voting, decentralized storage, and really distributed apps of any kind.
http://www.reddit.com/r/Bitcoin/comments/2m32vz/counterparty_recreates_ethereums_smart_contract/
http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/

4.) We also have the architecture that was missing from Counterparty - "true SPV support" for bitcoin transfer.

5.) We use the bitcoin blockchain as the most secure blockchain technology. Viacoin support will be added in the future because of the available bytes that can be added to a secure "scrypt" implementation.

6.) Lawyer meeting was focused on assignment of intellectual property and possible VC friendly business structures.

Regards,
ASIC-8Tile