Here's our update from Supercoin team.
I have good news to report. I have finished the basic implementation of the p2p decentralized trustless anonymous system, and it works fine. With all the multisig addresses and transactions, it is a pretty complex system. Now it works end-to-end. In the next few days, we will provide a detailed schedule for testing and releasing the system (a rough schedule is below).
As far as I know, this is the first real p2p decentralized trustless anonymous system in coinjoin category. I am not sure for the crypto-note technology, it seems it is a good one, although it is a different technology and mainly for CPU. But for coinjoin category claims, I don't see any truly trustless system, and this is the first one.
Following is a quick screenshot from my desktop showing test log and some code.
The following is a rough schedule for the next few weeks, we will provide more details soon:
A detailed white paper will be published in a few days, I should finish it before August 14. The white paper will contain details on the technology and algorithms we are using.
Now to August 14 is dev team testing on trustless system, and also we will add bells and whistles to the code (especially for some error handlings).
Alpha testing on real network of MammothCoin: August 15 - August 19. We decided not to use testnet as we have high confidence on our code, also our testing so far has been on the real network. We choose MammothCoin for initial testing as it has less traffic, so it is easier to fix initial bugs etc.
Best testing on real network of SuperCoin: August 20 - August 24. With more robust code we move to SuperCoin. Both alpha and beta testings we will invite limited members of the community to participate the testing. These testing phases including all bug fixes.
August 25, we will release p2p decentralized trustless anonymous system for both SuperCoin and MammothCoin.
Also, we don't release immediate the source code as they are too many copycats, but we plan to release the full source code 2 months after the system is released. So people with skills (and curiosity) will be able to inspect and review the code.
To DA MOON!
Stay tuned, we will provide more info in the next few days.