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Author Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B  (Read 1146889 times)
jwiz168
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January 05, 2017, 06:28:30 AM
 #3381

I have already enough BTCD to be swapped . Just waiting for activation in ICO dashboard and bounties from signature campaign for me to know my total stake at Komodo,
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January 05, 2017, 08:55:14 AM
 #3382

I have already enough BTCD to be swapped . Just waiting for activation in ICO dashboard and bounties from signature campaign for me to know my total stake at Komodo,

Great preparation mate!  Cheesy

Now it's waiting until everything falls into place regarding the election, swap and launch of Komodo.

Follow the latest blockchain news: https://twitter.com/blockchainguide
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January 05, 2017, 09:15:21 AM
 #3383

Is the BTCD swap happening yet?
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January 05, 2017, 09:24:07 AM
 #3384

I have already enough BTCD to be swapped . Just waiting for activation in ICO dashboard and bounties from signature campaign for me to know my total stake at Komodo,

I have a question, will poloniex help people to swap like neos coins swap before, and nxt to ardr, so if that is possible, poloniex may list kmd trading pair

KomodoPlatform
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January 05, 2017, 09:26:05 AM
 #3385

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.

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Decentralized Crowdfunding | Decentralized Exchange | Bitcoin Security | Zero-Knowledge Proofs | Blockchain Interoperability | Scalable Infrastructure
KomodoPlatform
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January 05, 2017, 09:30:35 AM
 #3386

I have already enough BTCD to be swapped . Just waiting for activation in ICO dashboard and bounties from signature campaign for me to know my total stake at Komodo,

I have a question, will poloniex help people to swap like neos coins swap before, and nxt to ardr, so if that is possible, poloniex may list kmd trading pair

No, everyone must swap their BTCD's themselves. They can be sent from an exchange to our ICO site once it is online.

◈▣ KOMODO ● Set Your Ideas Free ▣◈
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January 05, 2017, 11:08:54 AM
 #3387

For anyone who needs BTCD before swap, we are lucky and there is a big seller on Poloniex offering 3500+ BTCD at .00310.  This is a pretty big drop from the price of the past few days.  I don't know what they are thinking but I bought some of it and once that wall is eaten up, the price will probably rise rapidly.  There is only about 4 BTC going up to .00418 which is obviously a much worse rate.

But at .00310 BTCD/BTC, that means you get about 323 BTCD per BTC and 16,273 KMD per BTC from the BTCD swap.  That is compared to 7746.522 from the ICO, so more than twice as much.

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January 05, 2017, 11:13:04 AM
 #3388

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.

This is great news. Looking forward to swapping BTCD.
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January 05, 2017, 11:24:46 AM
 #3389

This sounds like a good time to repost this that was posted a few times in the past:

"

We try to swap all BTCD there exist throughout 1 full year. If someone has BTCD it can be swapped, no matter when it is bought. You could buy BTCD 6 months from now and swap it for KMD.

BTCD Snapshot to get REVS

 - The snapshot is not related to BTCD swap.
 - The snapshot is to get an additional asset called REVS.
 - The privatekeys are used to redeem the asset.
 - The snapshot has not happened yet!
 - to participate the BTCD can be stored either in a BTCD address under your control, or in our ICO site

BTCD Swap to get KMD

 - has nothing to do with the snapshot
 - is done through the ICO site
 - lasts 1 full year
 - swapped BTCD ends up to our account, where it is publicly visible (nothing will happen to the swapped BTCD)
 - hopefully every single BTCD coin will get swapped during the year

Schedule

 - ICO site accepts BTCD
 - 7 days after that BTCD snapshot happens & the swapping begins
 - Elections begin, and last 2 weeks
 - Elections are over, elected notary nodes will get ratified, KMD will be distributed

The conclusion

If you buy BTCD it can be swapped at any time. To also receive the REVS asset you need to have a privatekey that contained BTCD during the snapshot. BTCD swap and snapshot are two separate things.

During the year BTCD can be swapped for KMD with the exchange rate we announced: 1 BTCD = 50.448 KMD (However the exchange rate decreases slightly throughout the year because BTCD staking expands the supply)

'
jwiz168
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January 05, 2017, 11:53:33 AM
 #3390

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.

Great job dev and the whole team. Congratulation for the milestone. Please test it thoroughly before making it available to the public.
tclo
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January 05, 2017, 11:54:26 AM
 #3391

A Happy Announcement!

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.

Shouldn't the swap start 7 days after the site officially begins to accept BTCD?

"Schedule

 - ICO site accepts BTCD
 - 7 days after that BTCD snapshot happens & the swapping begins
 - Elections begin, and last 2 weeks
 - Elections are over, elected notary nodes will get ratified, KMD will be distributed"
KomodoPlatform
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January 05, 2017, 12:43:59 PM
 #3392

A Happy Announcement!

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.

Shouldn't the swap start 7 days after the site officially begins to accept BTCD?

"Schedule

 - ICO site accepts BTCD
 - 7 days after that BTCD snapshot happens & the swapping begins
 - Elections begin, and last 2 weeks
 - Elections are over, elected notary nodes will get ratified, KMD will be distributed"

We will revisit this, as the swap happens automatically when you deposit BTCD. Thus the swap could start as soon as the new features are online. More info will come after we have tested the ICO site.

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Decentralized Crowdfunding | Decentralized Exchange | Bitcoin Security | Zero-Knowledge Proofs | Blockchain Interoperability | Scalable Infrastructure
bitkokos2
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January 05, 2017, 01:26:37 PM
 #3393

What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg
tclo
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January 05, 2017, 01:54:24 PM
 #3394


We will revisit this, as the swap happens automatically when you deposit BTCD. Thus the swap could start as soon as the new features are online. More info will come after we have tested the ICO site.

You have been posting that timetable for months.  Don't you think perhaps you should keep to it?

Be sure to give us a week's notice for the BTCD snapshot if nothing else.
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January 05, 2017, 01:55:47 PM
 #3395

What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

Yes of course the BTC market is highly manipulated and I've been saying this was a pump and that there would be a huge drop like this. It's a tough lesson, but all you had to do is look at a historical chart and you would see this is how it plays out every single time.
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January 05, 2017, 02:23:34 PM
 #3396

What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

This is the reasons why i don't do trading, because i'm a very bad trader.
Anytime the price can drop so low, especially Bitcoin...and you will loss your money.

That why i prefer to invest in Alcoins and i hold for a long term investment (in 2-3 years it can grow 10%-500%+) if you invest in the right coins.
I have a Strong Faith in Komodo, because we have a very solid, dedicated and professional Team running Komodo/Supernet.
And also in jl777, because he is very dedicated in his work and project...you can see him do coding Supernet for years now and non-stop.
So i trully have so much respect for his dedication and all Komodo Team...for their dedication to this project and the way they took care their investors  Cool

My suggestion is, hold your Komodo coin for long term investment (1-3 years), you will make good return in the end...this is how i make profits so far.  Grin

About Bitcoin value dropping today, my advice for you is DON"T take it too personally....if you have Bitcoin hold it for a bit longer, i'm very sure Bitcoin price will rise again very high in the end of this year on December, where usually demand for Bitcoin will get high again.




tclo
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January 05, 2017, 02:33:59 PM
 #3397

Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.

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January 05, 2017, 02:42:09 PM
 #3398

Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Must be a fomo whale who missed the ico, fortunately he jumped on the board, last chance for him. Team will receive more fund if more btcd swap.
RichardT
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January 05, 2017, 02:43:57 PM
 #3399

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.
tclo
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January 05, 2017, 03:13:37 PM
 #3400

Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Must be a fomo whale who missed the ico, fortunately he jumped on the board, last chance for him. Team will receive more fund if more btcd swap.

It is someone selling BTCD though...makes no sense really to dump it for such a low price, when could get twice as many KMD as in the ICO right now at .00320 which is what they are selling it at.  But about 5.8 BTC worth still left on Poloniex.  

I'm sure that will get eaten up, but the question is how much does he have and will he keep selling more at the ask.  And again, why doesn't he sell it for a higher price.  It would sell just about as quickly with the swap coming up...very odd.  But at least good for anyone who wants KMD for half price right now.

Once that is gone at .00320 (and assuming he doesn't put more up there, which is likely), there is not much on the order book up to .0045 or so, which is obviously about 50% higher, so you would get half the KMD as at .00320, after the swap.
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