We have recently been receiving a lot of questions regarding the official launch date of the Public Divi Token Sale. We decided that writing an article to address the most frequently asked questions would be the best way to deliver the information efficiently.

Why has the sale date changed?

Over the past few weeks the Ethereum network has seen a substantial slowdown in average block times. https://etherscan.io/chart/blocktime

The length of time between blocks has gone from around 20s to a staggering 30s on average in just a few days(update: now 14s). More details on the Ethereum network slowdown can be found here: https://www.cryptocompare.com/coins/guides/what-is-the-ethereum-ice-age/

This has caused our projected start date for the public token sale to get pushed back, due to the fact that our smart contract is written based on a calculation of average block time vs seconds in a day.

Why is the token sale based on block time, instead of a solid date?

Simple answer? For security purposes. Without getting too technical in what is meant to be a quick yet informative update, essentially, block timestamps can be manipulated by miners. It has become a widely accepted best practice to utilize block time rather than timestamp when creating smart contracts. Find out more here: https://github.com/ConsenSys/smart-contract-best-practices#timestamp-dependence

So, when will the token sale take place, officially?

The most accurate timing we can currently give is, of course, based on block time. The Divi Public Token Sale will begin on Ethereum block number 4438800. Track block times here: https://etherscan.io/

Based on the average block times at the time of writing, we can expect the sale to begin approximately onWed (edited)Oct 27 2017 6:52:41 GMT-0800 (PST). However, this is subject to change based on the speed of the network.

If you’d like to get an up to date reading on exactly when the sale will start, we have developed this simple web app: http://divi.abax.io/

PLEASE NOTE: The link above requires MetaMask to display properly: https://metamask.io/

The app in the link above will automatically update based on the average block time, so you will always have an up to date overview of when DIVX will be available for sale. Additionally, you can track how much ETH has been raised during the Private Funding phase.

Will the impending Metropolis upgrade effect the sale date?

Although it is hard to speculate on what Metropolis will do for the Ethereum network, it would be foolish to think that it will have no effect. We will have to wait and see on October 17 when it launches. Read more about Metropolis here: https://blockgeeks.com/guides/ethereum-metropolis/