When can we expect a new distribution of dividends?
Komodo does not have dividend distributions . |
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So DEX volume basically nothing at this point - does that render the SUPERNET and DEX assets pretty much worthless? If not, why not. Thanks!
Don't rely on coinmarketcap for analysis of dex activity. The fee address shows that millions in kmd and other coins have gone through it. The fee is 1/777, so in KMD alone around 7.2 million kmd have flowed through the Dex. The Dex liquidity is still low but it's also in early public beta, that is just a factor that will increase as the software becomes before refined and more people use it and more implementations of it come live. Supernet holds many assets besides Dex related ones such as crypto777 which paid out a million in revshare last year, additionally Supernet holders receive the votes from the kmd held by Supernet. |
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What is the relationship between the Komodo coin and the decentralized exchange? Or in other words - what will determine the demand for KMD?  Komodo is used to enable speed trading mode on dex. Additionally fees to dex and related asset holders get paid in kmd . Other demand generators are delayed proof of work, Jumblr and eventually MoMoM |
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Komodo. 1 million transactions per second. Daniel Pigeon, interview.
Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...
One question about writing a snapshot to the Bitcoin Blockchain. I try to understand the principle. The more transactions Komodo has, the more information must be written to the Bitcoin Blockchain, right? The more information the more expensive is the writing into BTC ledger. Who pays this? If this is paid with the Komodo fees, then, Komodo fees must first be exchanged for Bitcoin, right? How does it happen and how does the process work? More people notarizing to KMD doesn't increase amount of data stored on btc. The ICO funds are used to do the notarization onto bitcoin. |
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https://komodoplatform.com/whats-merkle-tree/Do I understand this correctly? Transactions and blocks once hashed create the merkle root. These collectively for one chain are called a merkle tree. When several chains (merkel trees) are together it's a merkel forest? Just a tongue in cheek phrase. The leaves of the MoMoM are made up of the roots of MoM whose leaves are made up of the merkle root of transactions in a block. |
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My Wallet is getting an error, "Connection error!
Trying to switch to another server..."
Anyone know how to fix this? Im still running agama version 2.0.25
2.41 is the latest version download from the site and upgrade |
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did they decided if they will fork the algorithm to keep it asic-resistant or not?
Not forking |
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The ability to protect a PoW operated crypto currency via notarization by Komodo has blown me away. Gamecredit took the bold step to incorporate Komodo's notarization to protect its network from double spend attacks that is rampant on PoW .
Understand I this is a historical moment one chain helping secure another chain. What is in it for Komodo? How much does it make off of notary as a service? This is a revenue generator for Komodo? Notarization fees goto CRYPTO asset holders. Which gets paid out in KMD. Each chain that wants to use it needs 100ish KMD a year. Notaries do not make anything off the service except the transaction fees for the notarization. This is a "demand" generator , Komodo itself does not generate revenue, it services pay out to their respective asset holders. In 2018, 10000 chains being secured by DPoW may seem ridiculous, but if the rate of growth of blockchain usage continues the way it has ,10000 may only even be 1% of the chains in existence in the not too distant future. ( Figuring a million coin market demand is "reasonable" ) I need to learn more about these assets. https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/162660426/Assetchains does not have the complete list or complete descriptions of each asset. Can someone please explain what these are used for: DEX: 50% of BarterDEX revenue; anything else? ETOMIC: REVS: 5% of BarterDEX revenue; anything else? SUPERNET: PANGEA: pays revenue from Pangea game? BET: CRYPTO: pays from notary revenue? HODL: it pays interest, but how much? Is it better than holding KMD? HODLC: different than HODL? MSHARK: CHIPS: uses segwit; used in Pangea game; anything else? BOTS: 15% of BarterDEX revenue; how does it generate income for trading bot creators? JUMBLR: 15% of BarterDEX revenue; revenue from Jumbler (BTC privacy) transactions? Anything else? MGW: 5% of BarterDEX revenue; anything else? KV: any I missed that are useful? DEX: nothing else CRYPTO: Notary fees and any new tech that pays out revenues that isnt already covered by an asset. ETOMIC: Middleware like coin to emulate utxos for ethereum DEX trades REVS: 5% CRYPTO DEX SUPERNET JUMBLR revenue SUPERNET: Pass through of its holdings HODL: Doesnt pay interest, holding fund MSHARK: another fund BOTS: 0.1% fee from 0confirm trading as well MGW: nothing else CHIPS: maybe for other games as well HODLC: not an assetchain, but a coin that had the same ticker Jumblr: nothing else BET: Decentralized betting games and portion of pangea revenues KV: Key value chain, just sitting there for now |
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any reason there are 120 confirmations needed on binance when you make deposit of your kmd?
Coins will be deposited immediately after 120 network confirmations
Safety Precaution due to the spat of blockchain attacks lately. |
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The ability to protect a PoW operated crypto currency via notarization by Komodo has blown me away. Gamecredit took the bold step to incorporate Komodo's notarization to protect its network from double spend attacks that is rampant on PoW .
Understand I this is a historical moment one chain helping secure another chain. What is in it for Komodo? How much does it make off of notary as a service? This is a revenue generator for Komodo? Notarization fees goto CRYPTO asset holders. Which gets paid out in KMD. Each chain that wants to use it needs 100ish KMD a year. Notaries do not make anything off the service except the transaction fees for the notarization. This is a "demand" generator , Komodo itself does not generate revenue, it services pay out to their respective asset holders. In 2018, 10000 chains being secured by DPoW may seem ridiculous, but if the rate of growth of blockchain usage continues the way it has ,10000 may only even be 1% of the chains in existence in the not too distant future. ( Figuring a million coin market demand is "reasonable" ) |
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Thanks guys!
So if I understand correctly, with that price (25KMD per DEX coin) the annual return would be about 0.001% at today's prices and volume. (Coinmarketcap has BarterDEX at $2600 volume last 24h)
BarterDEX would have to surpass around $12 million per day in volume before the return for holding a DEX coin would surpass the 5% return for KMD.
($12M) x (.15% x 50%) / (1M token supply) x (365 days) / ($62.5 price of DEX coin) = 5.26%
We've got a long way to go, but there is plenty of volume on the table. Over $15 billion has been traded during last 24h according to coinmarketcap. IDEX had over $11 million in volume.
The KMD 5% is inflation whereas the DEX payouts are earnings or revenue, and that is a huge difference. Don't get me wrong, the KMD inflation serves a great function during these bootstrapping years, but DEX assets pass the Warren Buffett investment test , invest in great business' that pay dividends but for some reason are hugely undervalued. Buffet doesn't understand crypto, but his dislike is based on the same reason he doesn't like gold; no earnings, no dividends. DEX is probably the best asset in the cryptosphere, real income paid as dividends from a great service charging fair and reasonable fees, no inflation or smoke and mirrors tricks, it really does pass the Buffet test! I agree and I'm interested in owning some. I just feel like today's price should be more like 5KMD instead of 25KMD. Then, of course if KMD gets more recognition, it will gain in value. Scarce Supply with extremely long term holders ( think 3+ years ) and the revenue stream just started to turn on. That's why its 25 KMD and there isn't much for sale, I can only see it going up in price. Oh and regarding CMC BarterDEX volumes, not all trades pairs are listed and its only capturing netid0 non-private trades. |
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Whats the plan with asics coming in to play for equihash soon,wait and see what others do or lead the way with something new and different?Algo switching might be short term solution as it seems that fpga are coming for most of other algos(x16r)included...
There is, quite literally, no argument that can be made that ASICs are "bad" and GPUs are "good" that can't be made to say GPUs are "bad" and CPUs are "good". All anti-ASIC arguments (while also maintaining a pro-GPU position) are nothing short of propaganda. Really?You dont see the fact that there is only one manufacter for equihash algo a bad think?Also that they are already using them while others are still mining with gpus...If i could go outside and buy z9 asics anywhere i want i would be fine with them but bitmain doesnt play fair here  There are 2 manufacturers of Equihash ASIC's so far. Bitmain and ASICminer. So pretty much the same boat as Nvidia / AMD. |
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. Do you know??
To every ERC20 project built on Ethereum:
Komodo is a better solution for your business. Simple as that.
You will have: your own independent blockchain, no need to pay Ethereum gas fees, the Bitcoin hash rate securing you, privacy features, and more..
Share and spread this news... Komodo is the future!!!
I agree that there are better options than ERC20. I don't see ERC20 going away anytime soon though. It is better to find a way to pull liquidity from the ERC20 market to Komodo. Completely agree with this statement! As for now Komodo platform havent successfully concluded evem one dICO (correct me if I`m wrong) Only BlockNation and Utrum are running now and the rest are upcoming, Monaize dICO was postponed long ago, so they still have to prove their best features in concludoong ICOs and issuing tokens on the komodo blockchain. Komodo does have over a dozen other chains running without dICO. |
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So the anonymity will only be available and guarantee after the implementation of the Toor network is finished?
Depends how you define anonymous. We provide a lot of anonymity right now as fork of Z-cash, with zero knowledge proof transactions. And even wtih jumblr, for T-addresses. But yes, I think we need more. We have functionality with the tor network, and will be setting up nodes for this. But the plan is to have OBFS4 integration as well. When we integrate that, then I would say we have done all that can be expected at this time for anonymity. Safecoin Dev shows again how little he knows about Komodo tech. Learn how Jumblr works. |
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Hi, I am polycryptoblog, from Komodo Platform, I just came across your coin, I like the practical use case for this cryptocurrency, a way to reward students for performance is great.
I do not believe your coin has been added to BarterDEX, our decentralized exchange, I would like to see it there as it would give the students a way of exchanging their coins outside of centralized exchanges which has volume and capital requirements and higher fees.
Due to how BarterDEX works, you could set up marketmakers and have Smileycoin be a base pair against other cryptos and erc20 tokens.
I am also interested in your educationinasuitcase initiative as well, perhaps there is a way Komodo can contribute as well.
Sounds good. What does it take? Best to get in touch with our DEX manager on the coin addition, I know that it requires CLTV and gettxout. If your coin hasn't added those already. Another thing while not essential is SPV servers ( it can be done with native clients as well but SPV is alot less headache and resource consumption for users ). I will PM you the email address. Next step, would to become familiar with BarterDEX as it doesn't operate in a traditional manner that exchanges do as it is based off of UTXOs . Links below to help you out. https://github.com/KomodoPlatform/BarterDEX/releases Download Github https://www.youtube.com/watch?v=sA_1H6oAT_E BarterDEX Basics https://www.youtube.com/watch?v=V1cbzQLUneA BarterDEX Liquidity Provider and Multiplier and Trading and Portfolio Regarding Education in a Suitcase, I would like to know how Smileycoin and Education in a Suitcase work together, my understanding is that it Smileycoin is the reward for the tutors that help educate the receivers of the tablets provided by Education in a Suitcase? |
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Hi, I am polycryptoblog, from Komodo Platform, I just came across your coin, I like the practical use case for this cryptocurrency, a way to reward students for performance is great.
I do not believe your coin has been added to BarterDEX, our decentralized exchange, I would like to see it there as it would give the students a way of exchanging their coins outside of centralized exchanges which has volume and capital requirements and higher fees.
Due to how BarterDEX works, you could set up marketmakers and have Smileycoin be a base pair against other cryptos and erc20 tokens.
I am also interested in your educationinasuitcase initiative as well, perhaps there is a way Komodo can contribute as well.
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Congrats on page 777 everyone!
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I do not expect much from this project It's an excellent scam team  Just as they left a project BitcoinDark (BTCD) Will leave this project also .... Every investor to study the matter well It's an unsafe projectThe staff list contains fake names and fake photos
Make sure it's up to you
I challenge anyone here who can prove to us the fact of having a crew in fact.Bitcoindark was swapped for Komodo and people had over a year to do so. Komodo is Bitcoindark's evolution. Many of the team members , myself included are public. Some are not, and that is ok with us. Go Troll elsewhere |
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