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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin on: February 10, 2018, 12:20:59 AM
...I'm already working on an alternative to BarterDEX and maintaining my first notary...
And you don't find those to be morally conflicting?


I'm not seeing the moral conflict of developing a new front-end application to interact with the marketmaker daemon and running a notary node.

A more user friendly way to use marketmaker should only increase adoption (and thus increase demand) of KMD.

Whats the concern there?
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin on: February 09, 2018, 07:36:09 PM
P-Trump lets talk about a potential arrangement.

Thanks for your offer!

My goal is to help make Komodo stronger, and that means doing things that help:

- create a reliable notary node network
- fund active people
- add value to owning KMD

IMO the best way to do that in "election 2" is by trying to help kick-start some independent community based notary pools, so every single KMD holder has a a chance to share in the monopoly profits generated by running a notary node, and not just big holders like myself, or early adopters from "election 1"

Early creation of pools is good for decentralisation of notaries, and it'll get more people participating and getting involved in supporting KMD, even if all they do is join a pool by voting. I'd love to see a +75% turn out in this election if possible, and having one or more community pools running would help achieve that.

I'm also a self interested capitalist, and I'd like a share in the notary profits myself, as I believe the rightful part owners of the monopoly profits are the KMD holders themselves, but I believe in co-operative capitalism, and I'm going for a win:win outcome in every deal if possible, and that means I want notary operators to feel they got a good deal, AND, KMD holders to think the same, even the small holders.

If small KMD holders get a chance to join a notary pool in election 2 it's a win:win for everyone, and that'll make my KMD worth more if it makes holding KMD more valuable to other guys. So notary pools are the right thing to do, and they're the smart thing to do.

The issue now is how best to create them, and do we have enough time before "election 2". Maybe this is a goal for "election 3", and we stick with the Jedi Council model for notaries for another year.

If it looks like community pools are too hard to establish this time, then I'll try and work something out for myself, so we can maybe talk then. Either way, my personal goal is to get another slice of the notary profits (last year it made a big difference to my budget), but I'll try and do it in a constructive way, coz that's obviously in my own self interest, plus I love what jl777 is trying to do here.



I agree and I think your logic makes sense.

Optimally I would like to have a year of experience running a notary under my belt before having to take on the responsibility of managing the "community" aspect of a community-based node. I would ideally like to have that portion automated - for example, determine the community members (people that voted for my node) and distribute profits to them at some scheduled interval. In that world, I'd like to have a little web interface that exposed stats about the node (members, how many blocks the node has mined, when the last payout was made and how much, etc..)

I'm already working on an alternative to BarterDEX and maintaining my first notary in addition to my "real world" job as a Software Engineer so I wouldn't be able to commit to having all the above done by this next election.

Let me know if you're interested in discussing details further. If you're in the KMD slack you can also ping me there to have a higher bandwidth conversation. My slack handle is also jcity
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin on: February 09, 2018, 02:10:47 AM
P-Trump withdraws as a candidate in the node election!
I've come to a mutually beneficial arrangement with one of the current testnet node operators, so I wont be running in the election myself. Please withdraw my name from the election site.

My KMD is currently 'unattached' for the upcoming notary election.

I haven't sold a single coin since the last election, so with interest my stake should be about the same (2.7%).

If you're considering running in the notary election for one of the available spots, and you want to discuss options that may secure one of the lucrative notary node positions let me know.

My previous arrangement has expired.



P-Trump lets talk about a potential arrangement.
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