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

[yassin54]

Komodo Command line Guide - How to Install Komodod for Windows.

Twitter : https://twitter.com/KomodoPlatform/status/901058662030077955

Reddit : https://www.reddit.com/r/komodoplatform/comments/6vy466/komodo_command_line_guide_how_to_install_komodod/

Facebook : https://www.facebook.com/KomodoPlatform/posts/505716369774939

News SuperNET : http://news.supernet.org/posts/rpdEHCbYwmPwLfuXT/komodo-command-line-guide-how-to-install-komodod-for-windows

[Papski]

Where can I find more info about those integrated fiat currencies?


Can't understand from whitepaper how they will protect them from liquidity issues.

I don't think that the integration will happen this year cos they are busy building the structure of KMD, I don't know if this will help you https://supernet.org/en/technology/whitepapers/decentralized-fiat-currencies

[AlexNeto]

Where can I find more info about those integrated fiat currencies?


Can't understand from whitepaper how they will protect them from liquidity issues.

I don't think that the integration will happen this year cos they are busy building the structure of KMD, I don't know if this will help you https://supernet.org/en/technology/whitepapers/decentralized-fiat-currencies

Thanks, I saw this, but still unclear how risk-management algorithms will work. If there is zero spread swap without limits, there is very high risk that reserves will be drained by arbitrage/scalping speculators.
And in case when large amount of fiat tokens issued, and then KMD price is dropping, there will be liquidity problem for fiat.


If there is any additional "liquidity providers" in the scheme, would be good to study. I might be interested to build a side project, as I like the basic idea, but need to understand full picture.

[jl777B]

Where can I find more info about those integrated fiat currencies?


Can't understand from whitepaper how they will protect them from liquidity issues.

I don't think that the integration will happen this year cos they are busy building the structure of KMD, I don't know if this will help you https://supernet.org/en/technology/whitepapers/decentralized-fiat-currencies

Thanks, I saw this, but still unclear how risk-management algorithms will work. If there is zero spread swap without limits, there is very high risk that reserves will be drained by arbitrage/scalping speculators.
And in case when large amount of fiat tokens issued, and then KMD price is dropping, there will be liquidity problem for fiat.


If there is any additional "liquidity providers" in the scheme, would be good to study. I might be interested to build a side project, as I like the basic idea, but need to understand full picture.

pax1 solves the decentralized price portion and as you identified a massive drop in KMD price would use up reserves. For that reason, pax1 is limited to $40,000 exposure, which can easily be absorbed regardless of the price drop. There is a floor price, regardless of the actual market price so we can avoid any massive drop scenarios. In such case, the shortfall would be socialized.

However, the floor price is set at approximately the BTC reserves, so it is doubtful it would ever get that low (2500 sats)

for pax2 that can handle the price swings, it requires active portfolio balancing of both long and short positions, but there is not the time for me to get this solved in the short term.

Also, the pricing is smoothed a lot, so minute by minute price changes wont affect the current paxprice, this avoids fast trading arbitrageurs from draining the reserves.

[mivecgpx]

In preparation for the JUMBLR sharedrop, I made an API call that generates a snapshot so it will be much less work in the future.

IF the sharedrop was at block 464000, http://5.9.253.204/snapshot.464000 is what would have been used. Likely the values wont change too much at 472000 so you can check your address to make sure there is no mistake.

Using the above, a test run of the dividends API generated: http://5.9.253.204/sharedrop.464000
The average ratio ended up being 0.00049240

Keep in mind this is not the actual sharedrop, but what would have been as of 464000. I will use the same methods at 472000 and will post ahead of time the exact set of proposed sharedrops.

Let me know if the amount for your address is not right.

Good job jl777, have so much jealously for the top 20 holders of KMD 

[milonite]

What day is it expected the snapshot?

[Acura3600]

What day is it expected the snapshot?

Tuesday i think

[john yuan]

The last snapshot was not coming out yet

[BitcoinArsenal]

I have sought but could not find any information about how many Jumblr Tokens one get for each 1 KMD one hold. I remember a statement months ago where someone posted that it will be something like 0.00X... Jumblr Token for each Komodo coin. Not sure if this information was right, but would be helpful to announce it somewhere (maybe it has already and I just oversaw it).

[jl777B]

I have sought but could not find any information about how many Jumblr Tokens one get for each 1 KMD one hold. I remember a statement months ago where someone posted that it will be something like 0.00X... Jumblr Token for each Komodo coin. Not sure if this information was right, but would be helpful to announce it somewhere (maybe it has already and I just oversaw it).

four times on this page: "The average ratio ended up being 0.00049240" appears as the post 13 back https://bitcointalk.org/index.php?topic=1605144.msg21187509#msg21187509 was quoted multiple times.

so about 25% of the posts are quoting the info you are asking about. If you do not read at least the latest page, odds are you wont learn about the latest info

[BitcoinArsenal]

Thanks a lot. This is the amount I was reading some time ago.

Yes, my fault. I did not read all the previous pages. I am used to use Google in order to search information about blockchain projects. Further the search function on Bitcointalk is weak. And Google did not give me satisfactory results to answer my question.

Nevertheless, in future I will look into the last 2-3 pages before I post on a thread.

By the way, are you releated to JL777 in any way? Just wondering because you seem to have a lot of knowledge about Komodo when I interpreted your last posts correctly.

I have sought but could not find any information about how many Jumblr Tokens one get for each 1 KMD one hold. I remember a statement months ago where someone posted that it will be something like 0.00X... Jumblr Token for each Komodo coin. Not sure if this information was right, but would be helpful to announce it somewhere (maybe it has already and I just oversaw it).

four times on this page: "The average ratio ended up being 0.00049240" appears as the post 13 back https://bitcointalk.org/index.php?topic=1605144.msg21187509#msg21187509 was quoted multiple times.

so about 25% of the posts are quoting the info you are asking about. If you do not read at least the latest page, odds are you wont learn about the latest info

[jl777B]

Thanks a lot. This is the amount I was reading some time ago.

Yes, my fault. I did not read all the previous pages. I am used to use Google in order to search information about blockchain projects. Further the search function on Bitcointalk is weak. And Google did not give me satisfactory results to answer my question.

Nevertheless, in future I will look into the last 2-3 pages before I post on a thread.

By the way, are you releated to JL777 in any way? Just wondering because you seem to have a lot of knowledge about Komodo when I interpreted your last posts correctly.

I have sought but could not find any information about how many Jumblr Tokens one get for each 1 KMD one hold. I remember a statement months ago where someone posted that it will be something like 0.00X... Jumblr Token for each Komodo coin. Not sure if this information was right, but would be helpful to announce it somewhere (maybe it has already and I just oversaw it).

four times on this page: "The average ratio ended up being 0.00049240" appears as the post 13 back https://bitcointalk.org/index.php?topic=1605144.msg21187509#msg21187509 was quoted multiple times.

so about 25% of the posts are quoting the info you are asking about. If you do not read at least the latest page, odds are you wont learn about the latest info

I am jl777, this is just my second account from a different laptop

[milonite]

How the supernet exchange is planning to resolve liquidity problems of the decentralized exchanges?

[jl777B]

How the supernet exchange is planning to resolve liquidity problems of the decentralized exchanges?

liquidity multiplier goes a long way toward solving this.
but of course it will take some time before there are enough traders using barterDEX to compete with the larger centralized exchanges

[yassin54]

We foresee KMD to play a major role in Supernet decentralized.

Twitter : https://twitter.com/KomodoPlatform/status/901494577143656449

Reddit : https://www.reddit.com/r/komodoplatform/comments/6w6xkd/we_foresee_kmd_to_play_a_major_role_in_supernet/

Facebook : https://www.facebook.com/KomodoPlatform/photos/a.330322533980991.1073741828.321638648182713/506209313058978/?type=3&theater

News SuperNET : http://news.supernet.org/posts/Gpm3vpSNs3dhbSanK/we-foresee-kmd-to-play-a-major-role-in-supernet

[tyz]

First of all, congratulations for the new Agama release. Updated to v0.2.0.2a-beta today and it is much more stable and convenient to use.

There are some changes I have questions for. At the top there are three new small round areas (green, yellow and red) with some numbers. What do they mean?

The client also allows to activate fiat currencies. I have never done this. Is it possible to manage fiat currencies with this feature? If so how does it work? Is there a fiat-gateway integrated?

Anyway, keep up the great work!

[jl777B]

KMD <-> ZEC barterDEX swap:

alicefee 0.00128674 KMD https://www.kmd.host/tx/762baa583f83e7ca7d1303a81f897ce9bd1b5b6cce140289ab1842db12b1208f
bobdeposit 0.00525669 ZEC https://explorer.zcha.in/transactions/17b8a32330870b30b69a815411fe07a0482677325d4973c4c486344b371fc23f
alicepayment 0.99989999 KMD https://www.kmd.host/tx/c71e84796f476552f846667103af9f96753560922321f67664d2fd5c69d09a1e
bobpayment 0.00468373 ZEC https://explorer.zcha.in/transactions/fbec956e1bd0b92d0d8430cea6623853dedda68792dd33349a60ab74bba93065
alicespend 0.99979999 KMD https://www.kmd.host/tx/68c0a7f2e3955dbdfcced00ef35e72f9968b3b62e4c38393e99d37f2e9aea5aa
bobspend 0.00458372 ZEC https://explorer.zcha.in/transactions/8c2e4d320ce054baec58a3b297d6ea27f8f734628cc351704381d485506cd278
bobrefund 0.00515669 ZEC https://explorer.zcha.in/transactions/b55a7a740353ed3bbe1ada68fc7eee1a38ff40bb882a938848db06ccf3b7dca2

[markj113]

Good stuff jl777b.

Just waiting on a windows build so I can have a play

[Drai]

KMD <-> ZEC barterDEX swap:

alicefee 0.00128674 KMD https://www.kmd.host/tx/762baa583f83e7ca7d1303a81f897ce9bd1b5b6cce140289ab1842db12b1208f
bobdeposit 0.00525669 ZEC https://explorer.zcha.in/transactions/17b8a32330870b30b69a815411fe07a0482677325d4973c4c486344b371fc23f
alicepayment 0.99989999 KMD https://www.kmd.host/tx/c71e84796f476552f846667103af9f96753560922321f67664d2fd5c69d09a1e
bobpayment 0.00468373 ZEC https://explorer.zcha.in/transactions/fbec956e1bd0b92d0d8430cea6623853dedda68792dd33349a60ab74bba93065
alicespend 0.99979999 KMD https://www.kmd.host/tx/68c0a7f2e3955dbdfcced00ef35e72f9968b3b62e4c38393e99d37f2e9aea5aa
bobspend 0.00458372 ZEC https://explorer.zcha.in/transactions/8c2e4d320ce054baec58a3b297d6ea27f8f734628cc351704381d485506cd278
bobrefund 0.00515669 ZEC https://explorer.zcha.in/transactions/b55a7a740353ed3bbe1ada68fc7eee1a38ff40bb882a938848db06ccf3b7dca2

Bravo James,
looking for commands, remember to have seen them some posts ago...

[CRYPTO America KING]

Month is going to end and on 1st septmeber 2017 komodo will complete one year journey with success, i wish komodo his team, team member best of luck for next year  lots of new things add in this year but i still komodo still not achieve their all time high last couple of days have been good for komodo , investor almost double komodo increase almost 20% and  lots of new things  are add in this year , i am sure it will help komodo to increase his percentage and  i got a feeling we will have a  great moment at the end of year .