I will vote for Satinda and Juan because they are both non-anonymous, both doing videos, and have good understanding of the tech. Komodo needs guys like these to do the public facing marketing that jl777 can't.
You've got a good point. Up till now, Supernet marketing has been a big weakness. Relatively speaking, not many actually know about it and what it is acheiving. Really hoping this will change soon. For such a big project with decent funding, the marketing department could definitely step up its game a bit. |
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I think it would make sense to make clear distinctions between:
a) no tech at all
b) core tech without GUI
c) core tech with GUI on github but no installer
d) core tech with GUI and easy to use installer
It is clear to me that each of the four categories have different levels of completeness and thus different levels of value.
Any objection from core devs would be lumping a), b) and c) all into a)
This is accurately put. Unfortunately, to the average user, there really is not a whole lot of difference between a, b, and c. Because average users only care about the end product that they can use. I mean, isn't this the ultimate mission of development, to reach out to the average user? If d) does not get achieved, then how can Iguana/Komodo reach it's intended purpose? |
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Some of these accusations are pretty unfair to you, but in some people's defense, I don't think they're completely unfounded. Unfortunately in the past 2-3 years, you've attached your name to way too many projects (whether or not you were directly involved) and most of these projects have not really amounted to anything. I understand that you've been working hard and have never given up, but at this point it's kind of become your responsibility to prove these accusations wrong and clear your reputation. Hopefully that can be done once Komodo and all these other features are finally released to the public.
It's not his "responsibility" to prove anything to you. Everyone else does not have these concerns. His reputation is fine with everyone but you, and frankly I would rather him work on the code than debate trolls on the internet. You don't think it's his responsibility to investors, the people who provided funds to help keep his project(s) going? And you're wrong, there are definitely enough people who has these concerns. Enough to create a reputation. I have coded what I said I would code for komodo. It is feature complete, in fact with bonus features like PAX. When bugs are found, I fix them reasonably quickly. Are there more bugs left to fix, probably, and when they are found I will fix them. So, if my reputation is that I finish coding what I say I will and work hard to achieve this, but things out of my control prevent it from being released, how exactly do you suggest I fix it? It is out of my direct control. I have recruited capable devs to do the things that need to be done, but again, I cannot control the timing of other devs. Does it matter that there is a GUI in beta testing? I just have no idea what would make impatient investors happy other than releasing final product, but again I do not do GUI. I do not do installers. I do not do websites. So I need to wait for those, just like everybody else. Due to these personal attacks on me, I think it is best that I just take the weekend off as it does not seem to matter how hard I work toward improving the codebase. It is a long term process and not tied to a specific release event, but I guess this is not something that most investors will understand. Since there is nothing I can personally do to speed up the release process, and I will get attacked regardless of what I do. Hey don't get me wrong. Not trying to attack you. I apologize if I came out that way. I've been invested in Supernet since day one so I truly only hope the best for this project. Unfortunately, since you're the lead developer and your name is attached to everything, your reputation and the team's reputation becomes one and the same. I understand lots of things are out of your control. I do wish the team could be more organized and efficient, especially now that there are paid members, supported by funds from investors. So I hope my frustration is not completely unreasonable. |
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Some of these accusations are pretty unfair to you, but in some people's defense, I don't think they're completely unfounded. Unfortunately in the past 2-3 years, you've attached your name to way too many projects (whether or not you were directly involved) and most of these projects have not really amounted to anything. I understand that you've been working hard and have never given up, but at this point it's kind of become your responsibility to prove these accusations wrong and clear your reputation. Hopefully that can be done once Komodo and all these other features are finally released to the public.
It's not his "responsibility" to prove anything to you. Everyone else does not have these concerns. His reputation is fine with everyone but you, and frankly I would rather him work on the code than debate trolls on the internet. You don't think it's his responsibility to investors, the people who provided funds to help keep his project(s) going? And you're wrong, there are definitely enough people who has these concerns. Enough to create a reputation. |
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So jl777 has been involved in many projects some he started others he abandoned but none he ever saw through to the end.
Can you refresh my memory as to any project I abandoned? I cant remember any. I have indeed been involved in many projects, but once I start it I do keep at it until it is done, even if it takes years. I am still in the process of completing many of the projects and KMD is what enables a lot of them. Oh, and MGW has been done for quite a while. iguana is arguably complete to some degree, just missing a GUI which I dont do. Also komodod is basically done at this point and it has a working dPoW, round robin mining, zero footprint 5% APR, assetchains, on-demand blocks, and pax completed. I probably forgot some other features I added to komodod, hopefully they wont be upset I didnt list them. With DEX, SVM generator and automated LP node, pangea in the process of being completed on the iguana side. I estimate the amount of code I have written in the last three years is the equivalent of 10 to 20 man years of ordinary coding. How long do you suggest I should have completed it all in? 2 years? Some of these accusations are pretty unfair to you, but in some people's defense, I don't think they're completely unfounded. Unfortunately in the past 2-3 years, you've attached your name to way too many projects (whether or not you were directly involved) and most of these projects have not really amounted to anything. I understand that you've been working hard and have never given up, but at this point it's kind of become your responsibility to prove these accusations wrong and clear your reputation. Hopefully that can be done once Komodo and all these other features are finally released to the public. |
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A Happy Announcement!
The ICO site is finished, and everything appears to be working correctly. Next we will test it carefully and make sure it works. Also some translations are missing.
If we encounter no bugs then the swap will begin very soon (few days). We are now getting prepared for that, and then announce the schedule for elections and KMD distribution.
The swap has not yet started.
Well this is definitely better than "soon". Please continue to keep us updated. |
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Soooo... Will Komodo be tradable on any exchanges any time soon? If not can I have my Bitcoin back? Lol
Still waiting for BTCD deposit to be enabled on ICO site and then 1 week for the snapshot. Then 2 weeks after that for node elections and then KMD distribution. So even if BTCD deposit is announced right this moment, it's still at least another 3 weeks before anybody receives KMD. So the answer is >3 weeks. If you're needing to free up funds within the next 3 weeks, I don't see it being unreasonable to ask for a refund since this has been an inconvenient delay on the development team's part. We're all just kind of stuck waiting. |
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This bitcoin rally is looking really good. This is the kind of momentum that Komodo could really use, both for exposure and for market value. But hoping everything will be ready before it's too late and bitcoin profits go into other projects/coins instead.
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Most of the 33 candidates are running nodes in more than one region. So we have enough nodes. I myself am running only one node, for example. But I am the exception.
Gotcha. I'm still just having trouble grasping why there might need to be such a big cut down on the number of elected individuals as KomodoPlatform mentioned. Especially when the number of candidates is significantly less than the number of available spots. And as you mentioned, some individual candidates are even running nodes in different regions to have those regions covered. |
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Why do we need 2 weeks for notary node elections? This is the first election and as it appears, all the candidates are very likely going to get elected. So what's the point in making the process that long?
The elections are important, and we must give enough time for everyone to participate. No ninja elections  We understand that everyone would like to see KMD on the markets, but basically there's no real rush to do this. We want to make sure we get a good network up with quality notary noes, thus 2 week elections. That's kind of my point. I thought everyone who would have participated already has. The deadline to announce candidacy is over is it not? And it seems that pretty much all the current candidates will get elected as notary nodes. So at this point, it doesn't make sense to have a two-week long election when everyone running is going to get elected anyway. Would make more sense later on when there are more candidates running to vote for. Maybe there's something I'm missing that you can point out. Mathematically 8 nodes will not get elected, no matter what happens. It could be more though, and probably is. We do not guarantee funding for 64 nodes, but for 32. In the absolute worst case scenario 36 nodes would not be elected, but that would require every candidate to run with 100% subsidy requirement (which is not going to happen). At this point we only know that the number is somewhere between 8 and 36. A realistic guess would be that ~15-20 nodes will not get elected. That's enough to take these elections seriously, and as you can see many candidates do. Some have already invested considerable amount of money into this as they have been running the nodes for months. The current situation is definitely not nice for the candidates, as some of them have to continue to pay money to keep their nodes online, and there is still no guarantee that they get elected. We did warn about the financial risk the candidates are taking, but we try our best to short this out and get the elections started. As far as I can tell the ICO site is very close to get finished, although it has taken a lot longer than we all hoped and thought it would. We cannot delay this thing forever, and I think we should consider alternatives options if necessary. Thanks for answering my questions. I didn't realize there could be that big of a cut in terms of candidates. I was looking at the Komodo election website and saw that there were only 33 candidates currently registered and remembered that there could be up to 64 spots available, so I came to the conclusion that most, if not all the candidates will likely get elected. After all, isn't it in Komodo's best interest to have as many running nodes as possible? |
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Why do we need 2 weeks for notary node elections? This is the first election and as it appears, all the candidates are very likely going to get elected. So what's the point in making the process that long?
The elections are important, and we must give enough time for everyone to participate. No ninja elections We understand that everyone would like to see KMD on the markets, but basically there's no real rush to do this. We want to make sure we get a good network up with quality notary noes, thus 2 week elections. That's kind of my point. I thought everyone who would have participated already has. The deadline to announce candidacy is over is it not? And it seems that pretty much all the current candidates will get elected as notary nodes. So at this point, it doesn't make sense to have a two-week long election when everyone running is going to get elected anyway. Would make more sense later on when there are more candidates running to vote for. Maybe there's something I'm missing that you can point out. |
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Why do we need 2 weeks for notary node elections? This is the first election and as it appears, all the candidates are very likely going to get elected. So what's the point in making the process that long?
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The Komodo team is building up better and better. It's a good thing, in the beginning it wast to much of a one-man, correction: one-james-show.  Although he had a lot of help, it's better for Komodo to attract more qualified team members. Good luck Nazmul Alam! That's definitely good to see. The question now is how many men will it take to get BTCD depositing to the ICO website working? From what I understand, this is the bottleneck right now that's keeping everything else from moving forward? |
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JL777 is not doing GUI development, Iguana GUI is being worked on by Boogieman and EasyDex GUI is being worked on by grewalsatinder. He completed his part of the work, now the other developers are working to bring it to the finish line. Coding takes time, and its better to have a project with no/little bugs than to have to issue constant updates to fix bugs in a rushed release. Be patient.
Again, missing the point. Everybody knows he doesn't do GUI, so no need to repeat. Not trying to rush anything or be impatient. Just curious how well he can keep his word, that's all. It gives us an idea of how likely things that he say will happen, will actually happen. |
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Is Iguana still on schedule to release before ICO starts?
This was asked a day or two ago from the GUI team and they said to be working really hard to achieve that. This doesn't look good. A couple of days to go. They should know if it is going to work or not. This ICO is rushed. Do what you said you were going to do. Release iguana. Or postpone the ICO if you can't do what you said you were going to do. Otherwise what you are doing IS the definition of a money grab. Make promises, ask for money, don't deliver, keep money. And don't give me we are working hard look at the git, yes I know there is progress, but you need to do what you said you would. And you said it would be done b4 the ICO start. It's that simple. If you do not release Iguana b4 ICO you are 100% disrespecting the people you are asking money from, and will have your first black mark on this project and a loss of confidence by many. command line iguana is available for a while now. We also have a functioning GUI, but these iguana GUI are not directly connected to dPoW. The ICO is about komodo dPoW, the fact that iguana will also be available is an extra bonus. Clearly no komodo ICO funds were used to develop iguana. My judgement is that getting dPoW functioning is much more important than GUI for iguana. iguana GUI does not do dPoW. iguana GUI does not do zcash. anyway, I will continue to finalize dPoW as I dont personally do GUI I think you're kind of missing the point, jl777. The point is to prove that you can keep your word and in return, develop more trust and a better reputation which will help the ICO. You did say iguana GUI will be done before ICO. Yes, it's not a big deal whether or not this happens from a tech point of view. But if you say something is going to happen, then it's important to make sure it will. |
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Is Iguana still on schedule to release before ICO starts?
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I think it's worth noting here that many coins go 3x on ICO market cap after launch. There are no guarantees of this, of course, and many factors involved. Ethereum and Waves were/are slow burners, others have gone 10x, but seen far more volatility.
Point is that BTCD investors get a 50% bonus, and then get to enjoy any price rise on ICO that comes from launch. If your concerns are solely financial, this seems like a pretty good deal to me.
Good points. We certainly dont want to get into making any specific market predictions, but I think it makes sense to do a few hypothetical "dilution" scenarios. For example at the max raised, over any other scenario, the BTCD holders arguably are "diluted" the most. Of course if the .0053 price is considered a fair price, there is absolutely no dilution, but there seems to be a sense that some massive price boost would have happened absent the conversion price. Why? Probably the general price increases of many other privacy oriented cryptos, you know what I am talking about. OK, so which komodo has a better chance to achieve 50% marketcap of the highest marketcap privacy crypto? The komodo which raised the max or half the max? It is worth to note that if 50% of the highest marketcap can be reached, then it is indeed more than 3x gain from the max amount. How likely is this? Well, that is a probability evaluation investors will have to make, especially if the funds raised starts growing toward the max amount. What chance does komodo which uses the zcash zkp tech secured by bitcoin of achieving half the market cap? And investors can wait to see a working testnet, working iguana GUI, to get a better handle on the technical risk. BTCD holders further get an entire year before making the conversion decision. We have tried to make things as fair as possible for everyone and they say a good sign of a fair deal is that everybody is complaining. I remember you predicted that SuperNET will go 3x to 10x after the ICO ends. That never happened, not even close. You tend to be overly optimistic with your predictions. I do appreciate the optimism, but this paints the wrong picture for investors. The fact is that the dilution is pretty much a guarantee with this ICO. The Komodo price potential is not. So you have to understand the skepticism. The risks clearly outweigh the benefits at this point in time, so no, I don't believe it is a great deal. BTCD holders don't really have a choice but to swap in order to minimize loss, because let's face it, who wouldn't swap knowing that BTCD will be dev-less after Komodo launches. Whereas the BTC investors have a choice of if and when to buy into the ICO, with the risks decreasing as the ICO comes to the close. So there is definitely an imbalance there. The only consolation is the revshare asset, which also has no guaranteed price potential, and the possible long term holder bonus. I'm not trying to whine or complain. I realize that in any crypto project, the risks always outweigh the possible benefits and that's just something we all have to accept. But to say that this is a good deal to BTCD holders is inaccurate and misleading. |
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You do realize that a lot of the real opposition is actually from BTCD supporters right? This ICO actually affects us the most, not other coins/projects.
I didn't see mention that iguana will be released before end of ICO anywhere, so I must have missed it or it was buried somewhere in here or in slack. If this could be made more prominent then it would change some things. Preferably, iguana should be released even before the ICO starts.
Of course, there is this whole other issue of the ICO controlling BTCD market prices for the next months to come and ultimately diluting current BTCD holdings. But I won't go into that right now.
BTCD holders have a vested interest in this true, but i dont think the real opposition is from BTCD supporters thought. If it was then logic will dictate their responses (like yours) and not fudding like the rest of them. If you have any questions or concerns feel free to shoot me a DM on slack or PM me here. Actually, current BTCD holders have the most motive to oppose this ICO. It is the holders that are directly affected by the price control and eventual dilution of their holdings. Not Zcash, Monero, or any other coins/projects out there. Having said that, I wouldn't mind a 1:1 swap, but of course this doesn't bring the team enough guaranteed money. In regards to the actual Komodo tech, it's hard not to be skeptical given what has happened so far. It sounds like cool tech, but then it's just another thing that will require extensive testing, a gui, etc and possible delays/drawbacks before it'll be usable by the public. Who knows how long that will take. I will wait for Iguana release first, then maybe that will gain back some of the trust. |
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I claim that iguanacore is working and it will be released with GUI before ICO funding starts. If you dont believe that I can complete tech projects dont put any funds in until the iguana is released. Or wait until testnet is live. Or wait until mainnet is live and buy from exchanges. The decision is entirely yours. Good, I will hold him to this. Finally some kind of clear deadline. Like I said, if this claim could be made more prominent in the OP or in news releases, it would be very helpful. |
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It seems many have failed to grasp the idea of dpow. From my reading skills, which many of you have none, dpow idea requires monies to be paid to keep it secure. ie: pay for the bitcoin transactions.
This ico makes for some interesting gambling. Jl777 said iguana will be released b4 the end of the ico, as well as the testnet for komodo. That is the bet. There is more risk at the beginning then the end. Remember several ico's, eth, wave, etc had zero tech before the Ico. Jl777 is promising tech before the end of ico. Infact you can play with iguana now. Maybe there isn't a gui but then didnt monero have zero gui forever.
Speaking of monero and it's pump. I think it's highly likely the fud is coming from their camp as they feel threatened about the upcoming release of zcash and zcash tech and have resorted to pump and fud as the strategy for their project.
What is crazy to me is everyone on this board should be on the same team. Our ecosphere needs things like what jl777 is creating. The fudders bitch and moan like jl777 ran over their mothers. Jeesh get a life.
You do realize that a lot of the real opposition is actually from BTCD supporters right? This ICO actually affects us the most, not other coins/projects. I didn't see mention that iguana will be released before end of ICO anywhere, so I must have missed it or it was buried somewhere in here or in slack. If this could be made more prominent then it would change some things. Preferably, iguana should be released even before the ICO starts. Of course, there is this whole other issue of the ICO controlling BTCD market prices for the next months to come and ultimately diluting current BTCD holdings. But I won't go into that right now. |
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