I want to address the issue of "competition with zcash"
There is none.

open source projects are open source in the hopes that other projects utilize it, build on it, maybe even grant back improvements. That is exactly what komodo is doing. Utilizing zcash, building on it and we will of course gladly give back any and all improvements zcash team deems worthy. They are not going to be doing GUI for a while, so maybe we can contribute a dual ZEC/KMD GUI. And if they want to, they can even just strip out the KMD part of the GUI, but they dont strike me as that type.

I have also extended an offer for the 5% staking revenues from the zkp protected funds as there is no way to calculate anything but the aggregate amount in protected form. So this interest can either just extend the coin emission, or it can be donated to the zcash team. So far no interest in this from them. Probably since they are well funded and will be making a ton of money with the ZEC, which I expect to be a game changer in crypto.

The history of zcash starts with zerocoin that Dr. Matt Green wanted to have bitcoin adopt. Well, that didnt get very far... So there is now a zcash company that is creating a bitcoin compatible + zcash combo. Are they doing it with a profit motive? It doesnt look like it to me, they want the zkp tech to be disseminated far and wide. And they are only making money if ZEC becomes worth a lot. Money is nice and pays the bills, but that does not appear to be the primary motivation.

Being adopted by major projects is exactly what creates the big value to the original fork. And being adopted by major projects disseminates the zkp tech far and wide. After komodo's example, my guess is that there will be many other zcash forks so komodo will just be the first of many.

zcash has a great team and has done an incredible job putting the zksnarks into bitcoin protocol and they will be continually improving the tech at that level. So it is more like an Apple and Intel "competitition". Does Apple compete with Intel?

i wouldnt say it does. Apple uses the intel processors, along with many others. And Intel does make their own computers, so the analogy is pretty close

I think what people get caught up in is the financial aspect, but when dealing with crypto currencies it isnt exactly like a consumer product. The network effect  is one of the most powerful things and the more the zcash protocol is used, the more valuable zcash is. it is not purely a cashflow thing when what your "product"  can be used as money.

Money is worth more when more people use it. Now we can split hairs and say if people are using KMD they are not using ZEC, but if you look at the protocol level, both are using zcash.

Looking at the big picture, think about what the effect on zcash would have been had KMD chosen cryptonote tech to use. I think we are in a stage where the industry standards are still not decided on privacy tech. The protocol that gets selected will allocate massive future valuations to the entities that are at the cutting edge of that protocol.

Using the Intel analogy, if you go back in time, once there was a battle between Intel and Motorola in the very early days of CPU. The "protocol" in this case is the CPU instruction set, little endian vs big endian, opcodes, etc. And Intel ended up with the winning protocol so over the decades, Intel grew massively while Motorola languished. When Apple switched to Intel CPU, that was basically the end of the Motorola CPU as far as any meaningful marketshare.

Mapping this to the crypto space, we are in a similar stage. Other than bitcoin, things are all potential and we dont have the mass market version yet. Without privacy, corporations wont use crypto for anything other than petty cash. Looking forward it will be hard to stop the proliferation of crypto based products, just as it wasnt possible to stop the proliferation of CPU based products. How many products have a CPU inside them now? That is a rough estimate to the number of blockchains we will have in the future.

This is why I am working hard to standardize on as much as possible. The bitcoin hashrate to secure all the blockchains. The zcash protocol for privacy. Atomic cross chain swaps for interop. But all this is "under the hood" tech that the fancy GUI will hide from the end user. In one sense it is invisible, but it is as important as the selection of CPU and protocol stack. There are no governing standards bodies, so the standardization needs to emerge from the adoption.

I hope you can better understand why I dont see komodo as competing with zcash.

why would this be better than zcash the real thing that is being in launched 2 weeks, i for one dont want my btc stuck in here when that launches

Will Stratis consider using Komodo's dPoW to additionally secure its mainchain and private chains with Bitcoin's hashrate?

That is a very good question!

I have worked with jl777 before and he is a very talented developer and I have got a lot of time form James.

I know he gets a lof of slack from people but one thing that cannot be denied is his skills: he is a very skilled developer and very skilled around blockchain. I have spoken with him about a dPoW and what I will say is we are definitely considering providing dPoW functionality on private chains.

Whatever we actually think about implementing it in the actual Stratis parent chain... Probably not but it would definitely be a very cool feature to offer on private chains. If a private chain was secured by the Stratis chain and also secured by dPoW it would actually give it a two-factor consensus model. They wouldn't be relying on just one form of consensus to validate the blockchain, but it would actually have two methods. It gives them additional redundancy so it is definitely something we are going to look into.

I really like Komodo and the concept behind it and dPoW.

150 is 6 times of 25 posts, but the payment is just double, in my view, it doesn't encourage spam, but encourage to post as few and good as possible. I tend to post 25 quality post, not get only double payment of 6 times of work load posts.


One question, when will you count total posts? After te ico ended?

But your Signature Campaign is still running and open for new participants https://bitcointalk.org/index.php?topic=1619450.0

Why I can before do registration, put money and now this problem?
BTW made flush DNS and still same... will wait

I cannot access to my account.
It's stucking on signing (when I am pushing) and without any progress can be orange for the ages...
is it ok?

Thank you for your reply. I will wait for this
May I  join this signature campaign?

*simple explanations*

100,000,000 Komodo tokens
90,000,000 to ico and coin swap of btcd
Max btc is 30,000 and the ico ends if reached before ico scheduled to end.
Calculations will be at the end of the ico the following way...
Bitcoins collected + total btcd on the market for a swap will be divided by 90,000,000 and you get what % you have invested.
1st day 25% bonus was extended an extra 24hrs due to challenges getting into the site...no terms have changed.

Hope this gives some clarity.

Okay it's already 3 hours after I sent the 0.0277 in my account but I still did not received credits on my account?

I sent first 0.05 BTC last 11 hours then I sent 0.0277 BTC last 3 hours since the minimum btc required is 0.0777.

So why is invest with Bitcoin if the Btcd way is lower priced?

I have tons of questions:
Do you know the rate of btcd swap rate?
Will btcd become kmd in the future so there will no btcd in the future?
Is the swap rate better than bitcoin buy rate?

Thanks for answers. 

When precisly ends 25% bonus now that it was extended, please? Want to get some friends in.

*simple explanations*

100,000,000 Komodo tokens
90,000,000 to ico and coin swap of btcd
Max btc is 30,000 and the ico ends if reached before ico scheduled to end.
Calculations will be at the end of the ico the following way...
Bitcoins collected + total btcd on the market for a swap will be divided by 90,000,000 and you get what % you have invested.
1st day 25% bonus was extended an extra 24hrs due to challenges getting into the site...no terms have changed.

Hope this gives some clarity.

I was looking at the signature rules and realised that payment is double if you make 150 posts within the ICO period. But 150 posts during 5-6 weeks is too much, wouldn't it encourage people to spam?

In my opinion, if you lowered this threshold, lets say 100 posts, I think it would encourage more people to write more without resorting to spam. For example, I would try to reach 100 posts (I have 30 already) but will not try to reach 150, its too much. I think this is true for most members and full/sr members

The ICO platform says that there must be a minimum deposit of 0.0777 BTC. Is this a general minimum deposit or does it only hold for purchases over ShapeShift?

I dont think you get what I mean
The 90 million Komodo will be distributed to all users who a) invest in the ICO or b) swap BTCD
Right?
This will be done a couple of weeks after the ICO, right? You arent waiting a full year later to determine final supply #?

But what about people who swap BTCD for Komodo in 6 months? Where does that supply come from/how do you know how many people are going to swap ?

WOW, change the term now, good attempt, you can extend the ico period? So greedy to lure more money, it is the skills of jl777 usually uses.    

*simple explanations*

100,000,000 Komodo tokens
90,000,000 to ico and coin swap of btcd
Max btc is 30,000 and the ico ends if reached before ico scheduled to end.
Calculations will be at the end of the ico the following way...
Bitcoins collected + total btcd on the market for a swap will be divided by 90,000,000 and you get what % you have invested.
1st day 25% bonus was extended an extra 24hrs due to challenges getting into the site...no terms have changed.

Hope this gives some clarity.

What? Another 24 hours extension?    This looks make bonus not attractive any more, right? I saw ico in first day is smooth, but why extend 1 more day? It will dilute our bonus.   

what do you mean? the supply wont be exactly fixed, it might increase a little bit more as more people swap ?

Wait until all of the site will work normally, and will make swap small amount BTCD.

IF people have 1 year from the end of the ICO To exchange BTCD, how can the final figure for "funds raised" be determined before that 1 year is up / the final balance of Komodo determined? Because its dependent on how many people exchange BTCD right?

What is the ico's escrow address?