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Author Topic: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin  (Read 990759 times)
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September 08, 2016, 04:46:01 PM
 #601



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September 08, 2016, 04:46:18 PM
 #602


(  I'm not sure of the logic of the above poster, but offering a swap is hardly abandonment)( maybe this person can go harass nxt community about abandoning nxt1.0)



There is no logic in the above poster, Icebreaker has been for a long time one of the most notorious BTT trolls. He regularly trolls any thread on any coin that isn't in his investment portfolio. Sometimes he changes sides (i.e. he dumps a coin) and start trolling his old favourite and praising the one he trolled the day before. He has been also involved in a previous scam.





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September 08, 2016, 04:51:14 PM
 #603


(  I'm not sure of the logic of the above poster, but offering a swap is hardly abandonment)( maybe this person can go harass nxt community about abandoning nxt1.0)

So I still have not gotten a clear answer on this:

What is proposed to happen to the BTCD that has been swapped for Komodo?

Nothing will happen to it.

Currently BTCD is used by Iguana, so the network will continue running to make sure nothing breaks. However, over time everything will be moving to Komodo blockchain, and at the end BTCD will have no role left in the SuperNET ecosystem. Komodo is the new BTCD, it just got an upgrade to the privacy technology and a new consensus method dPoW.

Does this answer to your question? Smiley

Is it possible that a new role could be made for btcd once things move to komodo?

I like how you dishonestly use the word "swap" to imply a 1-to-1 trade of BTCD for Komodo, when in fact what actually happening is massive dilution of BTCD bagholders' equity.

And now you and ICOscam777 will continue to bog down and confuse the conversation with pages of tedious hand waving garbage dithering over exactly what and how and when dilution will occur.

Characterizing scam busting as "harassment" is equally precious.  Oh poor you!  Leave James Alone!   Roll Eyes


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September 08, 2016, 05:38:57 PM
 #604

@KomodoPlatform

do you plan to make an ad campaign on Reddit and Facebook?

Our understanding is that on Reddit the ad spots are booked for many months in advance. We will consider a Facebook ad campaign though, if we conclude it to be worthwhile.

Is a Facebook ad campaign something you would strongly recommend yourself?


Is it possible that a new role could be made for btcd once things move to komodo?

We cannot promise anything like that. Our current plan is to eventually move all the tech over to Komodo.

Of course a new developer team could be formed for the BTCD, but for a project without any funding that is quite unrealistic.





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September 08, 2016, 06:17:46 PM
 #605

@KomodoPlatform

do you plan to make an ad campaign on Reddit and Facebook?

Our understanding is that on Reddit the ad spots are booked for many months in advance. We will consider a Facebook ad campaign though, if we conclude it to be worthwhile.

Is a Facebook ad campaign something you would strongly recommend yourself?



I have no experience with Reddit but I did some Fb campaigns years ago, it can be well targeted to people with interest in crypto and doesn't cost much.





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adhitthana
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September 08, 2016, 06:34:41 PM
 #606

ICO limited to 30,000 Bitcoin??

No whitepaper?
No website?
No names of those behind it?
barbierir
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September 08, 2016, 06:44:55 PM
 #607

ICO limited to 30,000 Bitcoin??

No whitepaper?
No website?
No names of those behind it?

Website link is in the OP www.komodoplatform.com and there are all the names behind it (many well known). Whitepaper is in preparation.





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September 08, 2016, 06:50:08 PM
 #608

Can not wait to read it  Smiley

-snip-
Very nice move. This was the kind of additional extra I wanted to achieve for BTCD holders.
Will blog about this within the next 2 weeks.

I took the time to read (probably) all available stuff about the swap today and I came to the conclusion that it is a good deal for BitcoinDark hodlers. I was a little doubtful at first. JL777 did a good job and he still doing a good job. Keep going!

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September 08, 2016, 06:53:45 PM
 #609


(  I'm not sure of the logic of the above poster, but offering a swap is hardly abandonment)( maybe this person can go harass nxt community about abandoning nxt1.0)

So I still have not gotten a clear answer on this:

What is proposed to happen to the BTCD that has been swapped for Komodo?

Nothing will happen to it.

Currently BTCD is used by Iguana, so the network will continue running to make sure nothing breaks. However, over time everything will be moving to Komodo blockchain, and at the end BTCD will have no role left in the SuperNET ecosystem. Komodo is the new BTCD, it just got an upgrade to the privacy technology and a new consensus method dPoW.

Does this answer to your question? Smiley

Is it possible that a new role could be made for btcd once things move to komodo?

I like how you dishonestly use the word "swap" to imply a 1-to-1 trade of BTCD for Komodo, when in fact what actually happening is massive dilution of BTCD bagholders' equity.

And now you and ICOscam777 will continue to bog down and confuse the conversation with pages of tedious hand waving garbage dithering over exactly what and how and when dilution will occur.

Characterizing scam busting as "harassment" is equally precious.  Oh poor you!  Leave James Alone!   Roll Eyes

Oh boy, are you pulling a bill clinton on me? It depends on what meaning of "is" is..
Quote
swap
swäp/
verb
1.
take part in an exchange of.
"we swapped phone numbers"
synonyms:   bandy, exchange, trade, reciprocate
"we swapped jokes"
noun
2.
an act of exchanging one thing for another.
"let's do a swap"
synonyms:   exchange, interchange, trade, switch, trade-off, substitution; informalswitcheroo
"a job swap"

Since you like to "read between the lines" has it occured to you that james could have used monero/boolberry/aeon tech for btcd but he did not. Like an adult he realised zcash was going to be superior and chose it instead.
#iceRekt
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September 08, 2016, 07:07:44 PM
 #610

(9) Multigateways

MGW | ID: 10524562908394749924 | More Info | ACTIVE
mgwBTC (Bitcoin) | ID: 4551058913252105307 | More Info | PHASING OUT
mgwBTC (Bitcoin) | ID: 17554243582654188572 | More Info | ACTIVE
mgwBTCD (Bitcoindark) | ID: 11060861818140490423 | More Info | UNDER MAINTENANCE
mgwLTC (Litecoin) | ID: 2881764795164526882 | More Info | UNDER MAINTENANCE
mgwBC (Blackcoin) | ID: 7117580438310874759 | More Info | ACTIVE
mgwVIA (Viacoin) | ID: 275548135983837356 | More Info | UNDER MAINTENANCE
mgwDOGE (Dogecoin) | ID: 2303962892272487643 | More Info | ACTIVE
mgwDRK (Darkcoin) | ID: 17353118525598940144 | More Info | UNDER MAINTENANCE

I don't post much here and even less in order to reply to FUD, and I think james is able to address other accusations perfectly by himself, but when browsing quickly I saw this part of your quote, digging up for convenience an old abandoned topic in nxtforum, I could not refrain myself. If you pasted this, you seem to have little clue about what you're saying, or if you really do have a clue, you do not seem to care about what you post. I think I am qualified to reply because I have been coordinating the Multigateway service for quite a long time now.

The Multigateway working in Nxt Asset Exchange is perfectly fine and working, thank you. The mgwCOIN assets were development assets that were swapped over a year ago for the superCOIN assets that have been used since, through the MGW v2 server code, and are still being used, most specially superBTC and superBTCD. You can find the current assets information in the Multigateway information website. The multi-wallet GUI to deposit and withdraw supported coins is SuperNET Lite. Here you have the source code and the downloads and releases information. The client side is currently developed by tosch taking from the first SuperNET Lite release in 2015.

Maybe Iguana will make the current incarnation of the Multigateway obsolete. Maybe the Multigateway in Nxt will morph to a new tool under new development hands. There's a lot of things changing, the pace is speeding up, and it is difficult to predict how everything will work next year, but quoting the MGW as an "abandoned project" is ridiculous and simply false. James moved on to develop other projects when the MGW was stable, and in spite of the disagreements between james and the Nxt developers, SuperNET has been keeping the MGW infrastructure up for a long time and maintaning a useful tool for the SuperNET/Nxt community.

tl:dr, check your sources. Otherwise you are hurting any credibility you may have.
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September 08, 2016, 07:21:37 PM
 #611

(9) Multigateways

MGW | ID: 10524562908394749924 | More Info | ACTIVE
mgwBTC (Bitcoin) | ID: 4551058913252105307 | More Info | PHASING OUT
mgwBTC (Bitcoin) | ID: 17554243582654188572 | More Info | ACTIVE
mgwBTCD (Bitcoindark) | ID: 11060861818140490423 | More Info | UNDER MAINTENANCE
mgwLTC (Litecoin) | ID: 2881764795164526882 | More Info | UNDER MAINTENANCE
mgwBC (Blackcoin) | ID: 7117580438310874759 | More Info | ACTIVE
mgwVIA (Viacoin) | ID: 275548135983837356 | More Info | UNDER MAINTENANCE
mgwDOGE (Dogecoin) | ID: 2303962892272487643 | More Info | ACTIVE
mgwDRK (Darkcoin) | ID: 17353118525598940144 | More Info | UNDER MAINTENANCE

I don't post much here and even less in order to reply to FUD, and I think james is able to address other accusations perfectly by himself, but when browsing quickly I saw this part of your quote, digging up for convenience an old abandoned topic in nxtforum, I could not refrain myself. If you pasted this, you seem to have little clue about what you're saying, or if you really do have a clue, you do not seem to care about what you post. I think I am qualified to reply because I have been coordinating the Multigateway service for quite a long time now.

The Multigateway working in Nxt Asset Exchange is perfectly fine and working, thank you. The mgwCOIN assets were development assets that were swapped over a year ago for the superCOIN assets that have been used since, through the MGW v2 server code, and are still being used, most specially superBTC and superBTCD. You can find the current assets information in the Multigateway information website. The multi-wallet GUI to deposit and withdraw supported coins is SuperNET Lite. Here you have the source code and the downloads and releases information. The client side is currently developed by tosch taking from the first SuperNET Lite release in 2015.

Maybe Iguana will make the current incarnation of the Multigateway obsolete. Maybe the Multigateway in Nxt will morph to a new tool under new development hands. There's a lot of things changing, the pace is speeding up, and it is difficult to predict how everything will work next year, but quoting the MGW as an "abandoned project" is ridiculous and simply false. James moved on to develop other projects when the MGW was stable, and in spite of the disagreements between james and the Nxt developers, SuperNET has been keeping the MGW infrastructure up for a long time and maintaning a useful tool for the SuperNET/Nxt community.

tl:dr, check your sources. Otherwise you are hurting any credibility you may have.
claiming MGW is abandoned, jl777hodl is failed when it has accumulated 600+ BTC from just one of its holdings, and other desperate FUD, it does seem that somebody is in a panic mode.

on the one hand "jl777hodl is a failure"
on the other hand it has 200 siafund worth over 600 BTC

on the one hand "MGW is abandoned"
on the other hand MGW has been in service for years as described above

on the one hand "jl777 starts project after project"
on the other hand jl777 has be focussed on iguana for the last 10 months

anyway, iguana was having some windows compatibility issues and so I ported the entire 100,000 line codebase into visual studio, today. I guess I am just too slow and I should have been able to do it in 4 hrs? My only excuse is I dont even have a windows machine and had to do it remotely, power went out for a few hours and I dont use windows. that is why it took all day

So let us stop this nonsense about me not finishing projects. Porting iguana to visual studio would have been a month+ project for most devs. So does it count against me that I started the port iguana to visual studio project today and finished it today?

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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September 08, 2016, 11:04:44 PM
 #612

As a happy user of the MGW   I can for sure say it is fully operational.   James has been working tirelessly on the Iguana project for a long time now and its finally coming to fruition.  I even had the joy of running  the GUI version of it  and  by all accounts it is arguably the best piece of crypto software since Bitcoin itself.   Projects of this scale  take time,  and it definitely has been worth the wait.
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September 09, 2016, 12:16:39 AM
 #613

Hi James
 I see mention of jl777hodl. I own a few hundred but I don't really get it so to speak they have a current value of between 3/4 nxt, which is bugger all. Can you give any heads up about what's happening with this asset

Cheers Jon  Cool

          dICO Disguised Instant Cash Out
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September 09, 2016, 04:14:22 AM
 #614

Hi James
 I see mention of jl777hodl. I own a few hundred but I don't really get it so to speak they have a current value of between 3/4 nxt, which is bugger all. Can you give any heads up about what's happening with this asset

Cheers Jon  Cool

Not much has happened with it. Currently it is a steal when factoring in the siafunds it contains.





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jl777
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September 09, 2016, 04:55:26 AM
 #615

Hi James
 I see mention of jl777hodl. I own a few hundred but I don't really get it so to speak they have a current value of between 3/4 nxt, which is bugger all. Can you give any heads up about what's happening with this asset

Cheers Jon  Cool
The problem is that the NXT AE's liquidity has really dried up due to circumstances beyond my control. So instead of trading at some reasonable price that reflects the true value of its holdings, it doesnt really trade at all. I warned them. I made a lot of noise about this. I predicted this would happen if they went ahead with their splitting the coin plan, but I was ignored. And I could no longer justify spending my time enhancing NXT.

The split with NXT is what convinced me that I had to create my own platform that I can trust to not be changing beneath my feet if it suits the interests of the primary coin holders. Derived crypto has no protection against the hardfork attack where the devs and large stakeholders agree to transfer value from the addons, like assets.

To solve this I am making assetchains, a blockchain secured by itself using PoS of itself. Now before you start accusing me of starting another project, this one was forced onto me by the NXT situation and I designed a solution that fits into the SuperNET roadmap.

Now the problem with a PoS chain with very few nodes is that it will be very weak and I would not feel it secure enough. So what is needed is a way to enhance the security of assetchains.

Hence dPoW

Before any trolls try to say I did the same thing to BTCD, I remind them that NXT assets had literally millions of dollars worth trading on it before they changed the fundamental future value of what assets are denominated in and without any way to get back onto the main value coin. Of course they are nice enough to support a slave chain at the mercy of the mainchain if you pay a 50% tax. This would be similar to the NASDAQ saying that instead of trading in USD, they are changing to the Argentine peso, except for a while it will trade as it if was (half EUR + YEN), except for the time where it is ...

All NXT asset holders had to become like advanced forex traders and instead of highly predictable currencies like the USD, GBP, lira, peso, they would be denominated in an ever changing base value whose price had no history and was totally unpredictable. It didnt take a genius to realized that to properly price assets in such chaos would be beyond the skills of most the existing assetholders. All they would see is crazy overnight 4x revaluations and 80% drops and that is if the prices did the logical thing! If nobody is trading something and it revalues, then it cant help but be mispriced. And globally mispricing all assets in the market and saying that its the assets fault if they stay mispriced. They are causing financial harm to basically everyone that invested in my assets and I couldnt do anything about it. I just couldnt deal with it anymore and left NXT.

There are no assets denominated in BTCD. Also, even if there was, I would have allowed assets to become denominated in KMD. It matters what currency you trade against.

Oh, the true native DEX will allow trading of all the assetchains directly against BTC, and each other.

So that is what is happening with jl777hodl and many other assets.

I can also talk about why InstantDEX is not yet. Originally I designed it based on NXT, then all the blockchain messages became temporary which is not good for financial records that I wanted to use it for. The permanent messages costs went up 5x and what was already on the high side for fees of 5 NXT due to the number of transactions, would have cost 25NXT. That is more than the cost of using bitcoin!

Rather than release it with an nonviable pricing, I decided to wait to port it on top of iguana. Of course, to get some product release pump, I could have released it, but that is not who I am. If the non-technical aspects of the tech make it non-viable, I wont release it just to be able to say I released it.

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
CryptoSporidium
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September 09, 2016, 05:55:04 AM
 #616

I know jl777 is a famous developer. But can someone summarize how many ICOs he launched and how many he delivered? I read somewhere that he likes to abandon projects.

Please don't fall for the usual fud, there is expecially one notorious troll Icebreaker that continues making stuff up. He sounds retarded if you know the facts. The only past Ico was Supernet and the first release of its core component Iguana is around the corner. No project has been abandoned, James is working very hard but the to-do list is long. By January with both Iguana and Komodo released the future will look pretty good.

A year ago, I predicted BTCD would be abandoned before being completed, and that's exactly what happened.

My fears were well-founded.  My uncertainty based on the fact ICOscam777 has left dozens of unfinished project in his wake.  My doubt turned out to be the correct assumption.

I'm not the only one who says this; many victims of these ICO scams have spoken out.

EG:



Many of those assets were dividends, however the case of cryptocard is very disappointing. Jl777 launched that fundraiser on the btcd thread, collected 10k btcd from memory when it was worth a lot more, but now he says that was coinomat project. Jl777 converted all his cryptocard assets into WAVES, then sasha mentions after the waves ico ends that coinomat business will likely be sold (who would buy coinomat?), and definitely not part of WAVES.

The cryptocard asset was a fail, and jl777 raised considerable funds, and dumped his own assets, probably knowing sasha's intentions to abandon it.

Jl777 started cryptocard, raised the funds, subcontracted sasha and coinomat, then adandoned the project and bailed to waves, probably with insider knowledge, leaving bagholders still thinking an anon debit card is still being worked on.




No project has been abandoned?



can't find the server at www.jl777hodl.com

https://isitup.org/www.jl777hodl.com
---->
Oh no! www.jl777hodl.com seems to be down!

 Cheesy

#REKT

Jl777 addressed my concerns about cryptocard up thread. I believe him when he says he didn't convert all his cryptocard assets based on insider information that sasha from  WAVES plans to abandon cryptocard anon debit card project. If jl777 still intends to argue on behalf of cryptocard investors to sasha that crytocard and other coinomat assets be incorporated into WAVES and not abandoned, then my complaint has been addressed, and I withdraw my earlier statement that iCEBREAKER quoted. Jl777 can still advocate for cryptocard even if he converted his own into WAVES. I believe he will do this.
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September 09, 2016, 06:01:56 AM
 #617

I want reserve italian traslation Thanks

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September 09, 2016, 07:49:16 AM
 #618

Hi  James
Thank you for your explanation, I might even grab a few more while there still cheap as chips. I'll hurry up and wait for you to sort it so I can remove everything from my NXT wallet, then close the bastard for good.

Cheers Jon  Grin

          dICO Disguised Instant Cash Out
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September 09, 2016, 02:26:51 PM
 #619

So I still have not gotten a clear answer on this:

What is proposed to happen to the BTCD that has been swapped for Komodo?

Nothing will happen to it.

Currently BTCD is used by Iguana, so the network will continue running to make sure nothing breaks. However, over time everything will be moving to Komodo blockchain, and at the end BTCD will have no role left in the SuperNET ecosystem. Komodo is the new BTCD, it just got an upgrade to the privacy technology and a new consensus method dPoW.

Does this answer to your question? Smiley

No you didn't really answer the question I was asking at all. The issue here is that the BTCD chain will continue...for at least another year and several months. So some people will swap and others wont...staking will continue and those swapped coins will most likely be a huge pot of coins.....BTCD are still transferable, tradable, stakeable, and of value, possibly to pump and dumper whales, during the transfer period...which is full year and really a lifetime in crypto. So when I ask what will happen to the swapped coins, I am asking who will manage the coins and what exactly will be done with the account holding these coins...will they be sent to genesis, burned, or what? Not simply, oh, they will eventually fade away.
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September 09, 2016, 02:50:43 PM
 #620


The Silent Progress of Deep Tech

https://steemit.com/iguana/@komodoplatform/the-silent-progress-of-deep-tech






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DECENTRALIZED CRYPTOCURRENCY EXCHANGE
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