[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B

[BitcoinOnFire]

jl777, a side question regardin ICO - as you fully know how it works - do you think it's possible to build ICO managing platform based on blockchain, so that it could be easy and safe to manage it? For example using Supernet platform?

why I'm asking is the parallel of gold rush an shovels - like the saying "the most money on gold rush did shovel producers". Might be that ICO platform in ICO rush times be shovel for making money?

This obviously requires not only a safe backgroud platform but an easy and intuitive UI. This could be sth like a real usage for Agama wallet for example and a revenue source?

PS

Possibly ICO and simmilar funding solutions will be the future - as you can get funds on global scale, which before crypto was very hard. Obviously there will be many scams initially, but like with scam coins didnt kill BTC, scam ICOs will not kill ICOs, it will jut evolve...

An ICO can be run on top of any cryptocoin. It seems to be a purely application layer and even a centralized one. So while SuperNET could develop such, it isnt really our charter. Maybe there can be some decentralized organization governance built into the entire process.

OK, so, yes, it is possible.

Maybe my question was actually stupid, as  simplifying ICO is a barter of 1 token for another token, so could be even done through Supernet BarterDEX.

But anyway maybe there are some other infrastructural problems I'm not aware even other then ICO websites or sth possible and some complex solution could be interesting for many businesses.

[jl777B]

jl777, a side question regardin ICO - as you fully know how it works - do you think it's possible to build ICO managing platform based on blockchain, so that it could be easy and safe to manage it? For example using Supernet platform?

why I'm asking is the parallel of gold rush an shovels - like the saying "the most money on gold rush did shovel producers". Might be that ICO platform in ICO rush times be shovel for making money?

This obviously requires not only a safe backgroud platform but an easy and intuitive UI. This could be sth like a real usage for Agama wallet for example and a revenue source?

PS

Possibly ICO and simmilar funding solutions will be the future - as you can get funds on global scale, which before crypto was very hard. Obviously there will be many scams initially, but like with scam coins didnt kill BTC, scam ICOs will not kill ICOs, it will jut evolve...

An ICO can be run on top of any cryptocoin. It seems to be a purely application layer and even a centralized one. So while SuperNET could develop such, it isnt really our charter. Maybe there can be some decentralized organization governance built into the entire process.

OK, so, yes, it is possible.

Maybe my question was actually stupid, as  simplifying ICO is a barter of 1 token for another token, so could be even done through Supernet BarterDEX.

But anyway maybe there are some other infrastructural problems I'm not aware even other then ICO websites or sth possible and some complex solution could be interesting for many businesses.

most of the issues are tracking the credits for an account and binding an account to a final address.

now if the restriction that ICO participation is only based on the source wallets, then it can be all automated pretty easily. Just look at the vin[0] for all the funding deposits.

However, if you are accepting other currencies, then what exchange rate to use.
What bonus to use, if any.
Are there email addresses used as accounts? If so, how to assign a final payout address to each account.
What about 2FA?

As you can see, most of the issues are about running a secure website to manage accounts, unless a strict vin[0] address being used

[FFI2013]

Does it matter what wallet you use to store kmd to collect interest

[someone111]

https://ico.komodoplatform.com is down. HTTPS error. Can you fix please?

[markj113]

https://ico.komodoplatform.com is down. HTTPS error. Can you fix please?

The site is currently being updated + security improvements implemented.

When done another round of payouts will be made then the jumblr sharedrop will commence.

[jl777B]

https://ico.komodoplatform.com is down. HTTPS error. Can you fix please?

The site is currently being updated + security improvements implemented.

When done another round of payouts will be made then the jumblr sharedrop will commence.

I posted some JUMBLR inventory on barterDEX

[ka82]

Do I get interest if I store my KMD in Ledger Nano?

[jl777B]

Do I get interest if I store my KMD in Ledger Nano?

Is the utxo for more than 10 KMD?
Does it have nLockTime set?

If yes to the above two questions, it is accruing interest, totally independent of what wallet is used. The blockchain doesnt know what wallet you will use in the future!

There are two parts to interest:
1. Accruing it
2. Collecting it

I describe the conditions for accruing it (for over the tenth time) above.

As to the collecting the interest part, komodod native mode is the one with the most sure way of collecting the interest. Agama using native mode or basilisk mode is very close. I believe swing wallet also collects interest reliable. The ledger nano however needs to get an update to collect the interest. Assuming that update arrives before 1 year, then all the accrued interest can be collected. If not, it will just stop accruing after it reaches 5%

[zahra4577]

My previous post didn't get notices so I am asking again.Any wallet for android mobile where I can keep my kmd safely? I do not have pc

I dont think there is a mobile wallet yet but there is a new paper wallet available :

https://github.com/SuperNETorg/KomodoPaperWalletGenerator

Thank you for your reply but I am not looking for paper wallet as I do not intend to hold for long
I will keep for some time till price is good and sell it

[detroitmaster]

I'm new to bitcointalk so I hope I'm making sense with my question. I still have Komodo on the ICO site, does anyone know how and when I'll be able to retrieve them?

[jwiz168]

I'm new to bitcointalk so I hope I'm making sense with my question. I still have Komodo on the ICO site, does anyone know how and when I'll be able to retrieve them?

First of all, do you still know your password? If so just wait for the dev to fix the ICO page. If its available, then headover to address and try to copy and importantly keep the seed (12 words). There is a section to verify the seed with your corresponding KMD address so might as well try it . Download Agama wallet and choose Komodo from the list of coins then supply the seed. 

[talikila]

I want to know about the balance and interest of KMD coins on the Agama wallet and it seems I can not withdaw all my coins in my total balance .
when is it available for withdrawing all coins (KMD balance+interest) on this Agama wallet? Thanks.

[jl777B]

I want to know about the balance and interest of KMD coins on the Agama wallet and it seems I can not withdaw all my coins in my total balance .
when is it available for withdrawing all coins (KMD balance+interest) on this Agama wallet? Thanks.

accrued interest doesnt actually exist as a coin yet, so it is not possible to spend.
In order to collect all your interest you need to spend all your utxo with accrued interest, then the total accrued interest will end up as change and you will have them as real coins.

tl:dr it takes 2 tx to collect your interest and then to spend it

[thedue]

Will I participate the JUMBLR Airdrop by just holding  KMD in my Agama / Any date yet? Or is there some step I have to do before?

[Snakiest]

Is there a detailed roadmap for the coin?  I am struggling to understand how komodo is connected to local currencies. Is there a better explanation of that part anywhere besides the main website?

I want to know about the balance and interest of KMD coins on the Agama wallet and it seems I can not withdaw all my coins in my total balance .
when is it available for withdrawing all coins (KMD balance+interest) on this Agama wallet? Thanks.

I don't know if it is related, but I couldn't withdraw any of my coins either. I had to download the Swing wallet to move them to an exchange.

[markj113]

Will I participate the JUMBLR Airdrop by just holding  KMD in my Agama / Any date yet? Or is there some step I have to do before?

Nothing else needed other than holding your KMD in a wallet where you control the private keys e.g. Agama

[jl777B]

I am testing automated barterDEX trading of BTC -> KMD. You can see the raw trades at: http://kmd.explorer.supernet.org/address/RUNoTCDeaLohX5eK2bRrCRToZRJG8Fjg5w

At the same time I am doing a jumblr from RUNoTCDeaLohX5eK2bRrCRToZRJG8Fjg5w

So combined it is doing an automatic BTC -> KMD -> jumblr'ed KMD

Once this is done, a reverse automated barterDEX of KMD -> BTC can be done using a similar method.

The command line API was used to get this process started, but before you get all scared that it is really difficult and impossible, let me show you the actual commands:

curl --url "http://127.0.0.1:7779" --data "{\"userpass\":\"$userpass\",\"method\":\"enable\",\"coin\":\"BTC\"}"
curl --url "http://127.0.0.1:7779" --data "{\"userpass\":\"$userpass\",\"method\":\"autoprice\",\"base\":\"KMD\",\"rel\":\"BTC\",\"margin\":0.001}"
curl --url "http://127.0.0.1:7779" --data "{\"userpass\":\"$userpass\",\"method\":\"autoprice\",\"base\":\"BTC\",\"rel\":\"KMD\",\"margin\":0.001}"
curl --url "http://127.0.0.1:7779" --data "{\"userpass\":\"$userpass\",\"method\":\"goal\",\"coin\":\"KMD\",\"val\":99}"
curl --url "http://127.0.0.1:7779" --data "{\"userpass\":\"$userpass\",\"method\":\"goal\",\"coin\":\"BTC\",\"val\":1}"
./komodo-cli jumblr_deposit RUNoTCDeaLohX5eK2bRrCRToZRJG8Fjg5w

The enable command enables BTC
The autoprice command automatically does setprice calls for KMD/BTC and BTC/KMD with a 0.001 margin
The goal commands sets the portfolio goal to 99% KMD and 1% BTC

After this, I just sent some BTC to the smartaddress: 1L6cNgLMyX18T5H7ZRSj6u8bo9qfXcvXdu

And the rest is happening automatically. But with BTC blocks being so slow, it is taking quite a while. Once it is done, on a node with the wallet for the jumblr_secret address, I would set the goal to be 99% BTC and 1% KMD and it will do the reverse barterDEX.

That will start a KMD -> BTC from the jumblr_secret address(es) to the corresponding BTC addresses. Since the jumblr_secret addresses have funds that are essentially teleported into them without any linkage to anything else, this property is retained for the barterDEX'ed BTC

[someone111]

Long term holder here. I still have my 12 word seed from the ICO page when it was up. And my KMD address.

Was just checking my KMD address on the block explorer to see what my balance is. Just out of curiosity and to make sure I didn't miss any important developments.

It showed a balance of 0. No transactions made from that address.

Any idea what's up?

[KomodoPlatform]

Long term holder here. I still have my 12 word seed from the ICO page when it was up. And my KMD address.

Was just checking my KMD address on the block explorer to see what my balance is. Just out of curiosity and to make sure I didn't miss any important developments.

It showed a balance of 0. No transactions made from that address.

Any idea what's up?

Yes, you will need to request a payout and then we send the funds to your KMD address.

The payout is there because we need to make sure that everyone has the correct seed saved. You need to confirm your seed by typing it during the payout request.

Here's a guide: https://support.supernet.org/support/solutions/articles/29000013147-how-to-request-a-kmd-payout-from-the-ico-site

Note that the ICO site is currently under maintenance.

[yassin54]

We will soon announce the results of Money2020 Event.

Twitter : https://twitter.com/SuperNETorg/status/889916189685755904

Reddit : https://www.reddit.com/r/komodoplatform/comments/6pi6hs/we_will_soon_announce_the_results_of_money2020/

Facebook : https://www.facebook.com/SuperNETorg/posts/744185002451310

News SuperNET : http://news.supernet.org/posts/XC2GQrbvmbBbNJ6Ni/we-will-soon-announce-the-results-of-money2020-event