can't wait to see more of these... too much hype with premined ethereum, the same tech can be utilized with any derivative.

How is the development of the SHIFT funded? Is there any plan to have some kinds of tax?

Ethereum is funded by the premine.

look new release ethminer https://github.com/Genoil/cpp-ethereum/tree/stratum/releases

If that is true, then most of the X11 GPU hashing power will move to Ethereum. Ethereum mining will be less profitable.

Makes sense!

1. There are currently 2.53 million coins (current block *3). Market cap is around $ 20k.
2. This was the minimum number before a possible switch to PoS decided by the community. Not sure if there is a max number actually. It was said 8 million, but new releases were also expected, so... Maybe the old team could clarify.

Now, all the activity is happening in this thread https://bt.irlbtc.com/view/1364925.0
and on the Slack channel https://shiftnrg.slack.com/

We did not abandon the ship. You took over by your selfs, now live with it. Teka was involved and are, as you say adhitthana, very trustful. Teka are one of the very few people that i came to trust in crypto. I am back and i planned to start developing again. Now i will step back and see what happens. Hopefully you have some developers as you say you have I doubt it though.. i sense the stuff thats behind this so called takeover. No respect of the original SHIFT team and the hundreds of hours spent on this.

And oh, SHIFT was created with the very best of intentions. No scam, a very small premine (250k) compared to Expanses 11 million. I got on board very trustful people, but people get sick. I got sick and people want to see constant progress. Good luck with that.

I appeared before the takeover. Are you blind? As i said, i planned to start develop again, just when i came back, asking for funding from the community. Then you showed up and said you wanted to take over, and that you also need funds. Dont spread lies and misinformation. Everyone can see the thread history of the postings.

When you spread misinformation and false claims, people will not trust you. I know what you are doing, you will damage shift and suck out as much as you can with your large stashes of shf that your companions have, without even a developer. Blockexplorer and website, cmon. I know what you are up to.

I will not help you, you will help me (but not you two) I started this.. you do not "own" SHIFT suddenly. Jesus, retards. Show me some commits in your new repo that is related to any source code of SHIFT?

End of discussion.

What does Teka have to say now?

this thread's abandoned.
move to another one,it's ald comunity take over.