January 24, 2015

Bitbillions - January Payouts

tomorrow
We have been approved to conduct limited payouts on January 25th. We will process payouts as we have in the past, but payouts will not be for all earnings. Due to some burdens placed upon us from outside sources, we must comply and follow protocol as directed. Therefore, we will be paying out commissions for upgrades (Co-Founder positions and advertisers) and faucet earnings from December. Points earnings will be rolled forward and will appear in your account as a pending payout for February. Point earnings for December will be stated in USD and paid in USD to your payout method on file in February.
Our CEO stated in the last webinar he was hopeful we would complete the Matrix by Friday, January 23, 2015. Unfortunately, we are still working on this. We fully expect to have the Matrix completed by Monday, January 26, 2015. There have been a few unexpected glitches. Mainly, these glitches came from corruption in data from the initial website that was operated by anonymous people prior to our CEO establishing the official business and official website. In the early days, there were some flaws in referral coding that allowed people to refer others using broken links and invalid referrers. This was due to people not copying their entire referring link correctly, or trying to cheat or “game” the system. The original code did not check that a referrer existed prior to inserting it into the database. We are not sure if this was done intentionally by a bad actor trying to cheat members, or just sloppy coding. Either way, after our CEO took over the website, he installed better coding principles and this was corrected.
Due to the issues discussed above, there were several thousand very early positions that were highly corrupted. We had to work out methodologies to correct this data and restructure very early positions in a manner that was accurate, correct, and fair to everyone involved. This took the majority of the week. We completed coding for the Matrix on Friday, January 23, 2015. This is very complex code algorithms we are calling “Find my Parent”. It has been running for over 20 hours. It has found the parent for approximately 100,000 positions so far. However, as the numbers increase the time to find a parent becomes longer. We predict the script will run for 2-3 more days until completing all positions in the matrix. Once completed, we will begin to implement pages to display genealogy for each member.
We truly apologize for delays. There have been a few unpredicted issues with banking, government, and other regulations. These have caused hiccups in rolling out our payouts, profile management, and operations. We are working through them daily. Thus far, regulators are very impressed with our team’s adherence to identification standards. We are also very impressed with the quality of documentation our membership has supplied. You are helping this process move ahead, even though it is taking a bit longer than expected. We also had a few unexpected issues with data corruption and Matrix development. These are being ironed out as discussed above. We expect visible improvements the remainder of January.
Thank you so much for your support and assistance. We assure you progress is apparent behind the scenes. We are certain we will be authorized for fiat payouts and normal operations as of February. We are also certain we will have the Matrix complete, loaded, and visible on the site by the end of January. We are about 3 weeks behind projected schedule, but we are catching up quickly now. Hang in there! This is about to get really fun for all of us!:-)

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