|
@Lyyke:
- What are the (rough) estimated bid-ask spread earnings with 1 Billion USD daily volume?
- All in the future tradeable financial products are handled solely from you as market maker?
I am right that this will be the first crypto exchange operated as market maker?
|
|
|
|
|
Can we just ignore that fucking whining bounty whores?
@Bounty whore: Why you don´t just try it with a job?
|
|
|
|
|
They are offering White Label solutions, right?
One thing is for sure: This guys have good contacts as hell. Especially into banks and FX traders. And to be honest: All of them are looking for new high profits and "gambling" with leverage.
Here´s the solution for the bankers to enter crypto scene with professional (legit, regulated, trustable and founded from "their own") leverage/margin tools: Lykke :-)
The 1 Billion trading volume isn´t targeted by the average crypto traders/users, they are targeting the banks and FX traders with huge trading volume/capital. Just my 2 cents.
In consideration of that I assume that 66 Mio. are not much.
|
|
|
|
{
"version" : 1000000,
"protocolversion" : 170002,
"walletversion" : 60000,
"balance" : 5310.00000000,
"blocks" : 10219,
"timeoffset" : -46,
"connections" : 44,
"proxy" : "",
"difficulty" : 1.18325498,
"testnet" : false,
"keypoololdest" : 1475379350,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"relayfee" : 0.00005000,
"errors" : "This is a pre-release test build - use at your own risk - do not use for mining or merchant applications"
}
Komodo testnet has sustained 1 minute blocks for over a day now! With the 2MB block limit, that means KMD can handle 20x the number of transparent tx that bitcoin can. The zcash tx are quite a bit bigger so the number would be about 5x smaller if measured in zcash tx.
Thanks to all that are running testnet nodes. If you have any decent type of server, it will be enough for testnet purposes and you can get a head start on being elected as an official notary node for the $500/mo payment
Being up to speed on the technical side is the most important part of running a notary node. There appear to be plenty of vendors that offer cost effective hardware and bandwidth with the needed requirements of 64GB RAM and 500GB SSD, 100mbit/sec+ bandwidth
Do we need to have the dedicated server already in place for the vote? Or it´s enough to describe the server which will be ordered after a successful candidacy? BTW: I entered the slack channel (username @rnr) for participate with an VPS in the testnet. |
|
|
|
David, in the Slack you comment about that 100 Mio. VCs will be ready for IOTA. How that´s to understand?
It means that there are large VCs waiting for projects to spawn out of IOTA to invest into, hence why I have repeated 24/7/365 that the thing everyone should be focusing on is getting developers into IOTA and starting projects on top of IOTA ASAP as that is the key to unlock the door of potential laying dormant in being at the forefront of this technology and era. We have fertilized the grounds by bringing in these large VCs, we are developing the tools, we have even planted seeds, but we cannot also grow and micromanage every single project, so whales: step up. It's mindboggling to me how certain (fortunately a small minority) whales haven't already brought in tens of developers like the large holders of Ethereum did before the project was even beta stage. But yea: the potential is gigantic, you will have a greater chance at earning way more via these start-up opportunities than you ever will by 'just holding', so you should take a portion of your iotas, give them to some developers who can realize the ideas you have and then win-win-win Thanks  |
|
|
|
|
Do i understand it right, 500 USD per month are covered for sure? For how long?
|
|
|
|
Thanks a lot for your detailed answer. As always, much appreciate your posts. Always clear and structured information. Sorry, in case I have read over: How´s the procedure of the candidacy for the node voting? Just write an "letter of application" with a fact sheet about "myself" and the server within this thread?  The most important is to run a testnet notary node join #notarynode in the SuperNET slack, auto invite at slackinvite.supernet.org there will be a simple website to provide information about candidate's qualification and ip location and hardware specs. For now, announce candidacy here. Be active in #notarynode and mine testnet blocks with your notary pubkey. This prove's technical competency and when voting time arrives, a lot of voters will choose to pick a random candidate, so just by being technically qualified gives a good chance of being elected What the electorate wants to avoid is a large number of notary nodes all controlled by a single entity. So by having a set of qualified nodes to randomly select from is one way to achieve this. If you have no contacts with "insiders", that is an advantage. You dont have to know anybody, just have to know how to run command line unix. By design, the control of Komodo is being spread as far and wide as possible. It is to everybody's advantage to have no large concentration of control Also I want to make clear that there are no "insiders" as everything is open. The source is open while I am debugging, bugs and all. The process is open in realtime via SuperNET slack and this thread. So anybody and everybody is welcome to participate. There is no large company that has any large position, even SuperNET which probably has the largest BTCD position is likely to end up with less than 5% and it is a decentralized project that is also open to anybody and can usually be purchased at about the NAV of its holdings. Two more questions: a) The testnet notary note can be any VPS/hardware, right? b) Do you have a rough overview/estimation how many notary notes candidates will participate? |
|
|
|
Sorry, in case I have read over: How´s the procedure of the candidacy for the node voting? Just write an "letter of application" with a fact sheet about "myself" and the server within this thread? |
|
|
|
Sure about that math?  |
|
|
|
Thanks for your update. Much appreciate. We moved into a new office already with enough space to accommodate all of us. Working conditions: checked. Work actually started even before ICO ended - one of the things to back up this claim is to check ICNX - ICONOMI.index at https://icnx.iconomi.netIt's already being published daily in Slovenian (where we come from) biggest business newspaper. Testing the mainstream market and exposing old economy guys to numbers that are not in red all the time. |
|
|
|
|
I would not accuse them a scam. MLM is legit. Especially in such a market.
And, that´s a fact, lotto platforms providers as Kibo are huge profitable. Well, and that´s the bottle neck, with fiat.
And i can´t see where they want to generate that huge amount of players in the crypto scene.
|
|
|
|
|
Wenn es nicht hin bekommst schreib mir eine PN, ich schneide sie dir dann schnell...
|
|
|
|
Something like that  @Kibo: Any information about your estimated active lotto players and revenue for the first year? |
|
|
|
|
David, in the Slack you comment about that 100 Mio. VCs will be ready for IOTA. How that´s to understand?
|
|
|
|
|
Gibt es hier Informationen ob Handelsplätze bereits Interesse zeigen?
|
|
|
|
|
Bitscan, und wo sind da bitte die vielen namhaften Unternehmen gelistet? Wer oder was sollen da die vielen Unternehmer-Kontakte sein?
Bitcoin selber wird kaum als Zahlungsmittel angeboten und dann soll solch ein System adoptiert werden?
Worldcoiner ist bei ICONOMI skeptisch, aber hier sieht er Potenzial? Sorry, da passt nicht.
|
|
|
|
|
With KIBIT they founded an excellent Network Marketing (MLM) strategy. I simply not see where all the crypto players and "real world" adopters should come from. I doubt that there will be huge commissions for the platform owners nor for Kibo itself.
|
|
|
|
Die haben keine Übersicht über den aktuellen ICO Stand aller eingegangenen Zahlungen, oder? |
|
|
|
|
Finally a kind of Winklevoss BTC ETF. But much more flexible and already (presuming) allowed.
|
|
|
|
|
It´s not only the logo. The whole look&feel. And than: Another .tld for the forum?
There are so many good and professional designs out there... just professional public images. The Heat guys can´t see that? They have no eyes for that?
It seems for that (branding) they need to work with professionals and stop to think that they know what´s good (enough) design.
|
|
|
|
|
Show Posts
