As expected, there’s still a fair amount of scope discovery happening, but we’re completing more tasks than we’re opening, so we’re still making healthy progress on our over all % complete:

Po.et % Complete Month Over Month: 84%

Remember, one of the reasons we look at the month over month progress report is to detect any issues regarding the rate of completion. If we start to backslide, or progress slows too quickly, that could indicate scope creep.

It looks like the team has a healthy grip on scope management. You can see the completion rate looks like it’s starting to stabilize, which is a good indicator that the team may have hit their pace and found a sustainable production rhythm:

Progress Rate: June — September

Progress tends to be much faster towards the beginning because that’s when there is a lot of low-hanging fruit, and a lot of smaller tasks that need to just get checked off the list. After those tasks start to fall, what’s left are the deeper architectural changes and longer-running efforts.

Sometimes things get exponentially slower as you get closer to completion, which is often a result of under-estimating the scope of all the little finishing details.

“The first 90 percent of the code accounts for the first 90 percent of the development time. The remaining 10 percent of the code accounts for the other 90 percent of the development time.” — Tom Cargill, Bell Labs

We’ve already completed our biggest architectural change, and we’ve made really good headway on the remaining changes. We are fighting harder for remaining progress, but it looks like we’re still doing really well.

What Happens at 100% Mainnet?

In many ICO projects, mainnet transitions mean significant things for token holders: Moving to a new blockchain, installing new wallet software, coordinating token swaps with exchanges, and so on.

Po.et isn’t building our own blockchain. Instead, we have an ERC-20 token on the Ethereum blockchain and our claims are batched and anchored to the Bitcoin blockchain. Po.et is a cross-chain protocol layer built on top of existing blockchains. We have no plans to change the POE token, and you don’t have to worry about any token swaps.

Keep hashing your creative works with the Frost API, and the mainnet transition should be almost effortless.

See you next month!