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

[KomodoPlatform]

I'll paste one question from our recent Steemit post as it's quite relevant to our topic.

Why there is no real photos of the dev team on your website? The use of real pictures would boost your project's credibility further.

We are aware of that. However because part of our team is anonymous - including our lead developer - we all decided to not use full names & photos.

Knowing the identity of the developers doesn't guarantee success. What we believe to be important is the track record behind a name (real or pseudonym). In our case jl777 has over the years demonstrated his capability and determination to carry on with his projects and plans. The roadmap might have changed, but the overall long term goal has been the same. He has not abandoned his projects and has stayed responsible to his past investors.

Like previously explained, SuperNET has successfully developed a multiwallet and MultiGateway on top of the NXT platform. The NXT and SuperNET communities have used those service for 1-2 year and trust in its authenticity. Projects and cases like this should convince people about jl777's credibility more than an official passport picture ever could.

On top of these the SuperNET has a lot of open source code behind it, that anyone can inspect. jl777 has already began the Komodo development process, and we encourage everyone to follow it and ask any questions that comes to mind!

Open Source code in GitHub:

Iguana - github.com/jl777/SuperNET

Komodo - github.com/jl777/komodo

[1715392272]

1715392272

[1715392272]

1715392272

[1715392272]

1715392272

[yassin54]

Future Advancements for Bitcoin and #Blockchains.

http://coremedia.info/index.php/blockchain-news/item/320-future-advancements-for-bitcoin-and-blockchains

Tweet : https://twitter.com/KomodoPlatform/status/780449742471962624

Facebook : https://www.facebook.com/KomodoPlatform/photos/a.330322533980991.1073741828.321638648182713/336728493340395/?type=3&theater

SuperNET News : http://news.supernet.org/posts/KF4rgbK6fvbgB6ja2

[windjc]

Can someone from the Komodo team give a concise but thorough explanation as to how Komodo might impact SuperNet value in a positive way?

Thanks.

[jl777]

Can someone from the Komodo team give a concise but thorough explanation as to how Komodo might impact SuperNet value in a positive way?

Thanks.

SuperNET has a significant position in BTCD, so there is a direct benefit.

Additionally, komodo is part of the overall SuperNET tech solution, so having that in place has the benefit of providing a strong base for the other SuperNET services

Since komodo is part of SuperNET, what is good for komodo is good for SuperNET.

[PondSea]

Im not sure about this, past experiences tells me the devs will quitly abandon this project after a while. Seems more like a money grab, also i suspect a guy from waves in komodo project, what happened abandoned waves?

I would have stopped at the first comma.

You are not sure, pass expierence tells you, seems and suspects are all words that reveals that you are someone that does not know what they are talking about.

[hellonwheels]

I have a question about participating in the Komodo ICO, I have BTCD, will i need transfer the BTCD from an exchange to the BTCD wallet or can I do the swap from my BTCD exchange address.

[polycryptoblog]

You should download the BTCD wallet

[PondSea]

I have a question about participating in the Komodo ICO, I have BTCD, will i need transfer the BTCD from an exchange to the BTCD wallet or can I do the swap from my BTCD exchange address.

Just to add, the reason why you would withdraw to your wallet is because a snap shot will be taken at the end of the ICO period. This snapshot is used to allocate the rev share for the BTCD holders. Even though exchanges should pass on the assets, i would avoid the hassle and just use a wallet you control.

[Amalgamus]

You should download the BTCD wallet

I have never been able to download the BTCD wallet. Where did you get yours?
On bitcoindark.com it says "download soon", how long means "soon"?
I have bought BTCD on NXT AE and they're useless if I can't get a working wallet.
I thought I had a working wallet and made the mistake to send 100 BTCD to an address given by this wallet but I only had one active connection and didn't get a single block for 2 weeks I had this wallet open.
Has anyone else had any issues with their wallet?
I have a recent computer with windows 10 (64bits).
Thanks for helping if you have any clue what to do.

[polycryptoblog]

You should download the BTCD wallet

I have never been able to download the BTCD wallet. Where did you get yours?
On bitcoindark.com it says "download soon", how long means "soon"?
I have bought BTCD on NXT AE and they're useless if I can't get a working wallet.
I thought I had a working wallet and made the mistake to send 100 BTCD to an address given by this wallet but I only had one active connection and didn't get a single block for 2 weeks I had this wallet open.
Has anyone else had any issues with their wallet?
I have a recent computer with windows 10 (64bits).
Thanks for helping if you have any clue what to do.

Stepwise guide to help you

1) To get the BitcoinDark-QT  client for windows
goto  https://mega.nz/#!ooZAmBwL!ghTTgRvGoa7zhoCMjxs-aJD56CGXSY17YI9cjcZ83Sw

Runs just like a normal QT of any other coin.

2)  Open up BitcoinDark Folder
3) Open bitcoindark.conf  in a text editor
4)  Copy and paste in conf file ( Some current peers just pulled now )

addnode=162.13.4.69:14631
addnode=85.25.217.233:14361
addnode=24.168.17.50:14361
addnode=100.13.54.119:14361

5) Run Bitcoindark-QT

[stenkross]

So all the average poloniex trader need to do is to go to this thread, jump to page 45, follow the tech instructions (and if you are not a tech user, it's time to become one) and transfer your btcd to your local wallet.
And that assumes you, as a trader on polo have heard of komodo at all.

Here's another idea: Update the btcd 1.0 wallet to work after installation, so normal users can use it too. Maybe even have a working link on the website?

If you don't, expect some serious critisism after the snapshot from users who did not know or was not able to complete the steps above.

[Wapinter]

In Stratis Platform's Q&A seassion the following was asked:

"Will Stratis consider using Komodo's dPoW to additionally secure its mainchain and private chain with Bitcoin's hashrate?"

Click here and listen their answer!

 

Kindly also post the transcript for this video

[KomodoPlatform]

I have a question about participating in the Komodo ICO, I have BTCD, will i need transfer the BTCD from an exchange to the BTCD wallet or can I do the swap from my BTCD exchange address.

So all the average poloniex trader need to do is to go to this thread, jump to page 45, follow the tech instructions (and if you are not a tech user, it's time to become one) and transfer your btcd to your local wallet.
And that assumes you, as a trader on polo have heard of komodo at all.

Here's another idea: Update the btcd 1.0 wallet to work after installation, so normal users can use it too. Maybe even have a working link on the website?

If you don't, expect some serious critisism after the snapshot from users who did not know or was not able to complete the steps above.

We have made a step-by-step guide on how to transfer your BTCD to a local wallet. It is 95 % ready and we will publish it soon.

We are also working on the bitcoindark.com website.

[KomodoPlatform]

In Stratis Platform's Q&A seassion the following was asked:

"Will Stratis consider using Komodo's dPoW to additionally secure its mainchain and private chain with Bitcoin's hashrate?"

Click here and listen their answer!

 

Kindly also post the transcript for this video

Here you go!

Will Stratis consider using Komodo's dPoW to additionally secure its mainchain and private chains with Bitcoin's hashrate?

That is a very good question!

I have worked with jl777 before and he is a very talented developer and I have got a lot of time form James.

I know he gets a lof of slack from people but one thing that cannot be denied is his skills: he is a very skilled developer and very skilled around blockchain. I have spoken with him about a dPoW and what I will say is we are definitely considering providing dPoW functionality on private chains.

Whatever we actually think about implementing it in the actual Stratis parent chain... Probably not but it would definitely be a very cool feature to offer on private chains. If a private chain was secured by the Stratis chain and also secured by dPoW it would actually give it a two-factor consensus model. They wouldn't be relying on just one form of consensus to validate the blockchain, but it would actually have two methods. It gives them additional redundancy so it is definitely something we are going to look into.

I really like Komodo and the concept behind it and dPoW.

[Amalgamus]

Stepwise guide to help you

1) To get the BitcoinDark-QT  client for windows
goto  https://mega.nz/#!ooZAmBwL!ghTTgRvGoa7zhoCMjxs-aJD56CGXSY17YI9cjcZ83Sw

Runs just like a normal QT of any other coin.

2)  Open up BitcoinDark Folder
3) Open bitcoindark.conf  in a text editor
4)  Copy and paste in conf file ( Some current peers just pulled now )

addnode=162.13.4.69:14631
addnode=85.25.217.233:14361
addnode=24.168.17.50:14361
addnode=100.13.54.119:14361

5) Run Bitcoindark-QT
[/quote]

Thanks for answering polycryptoblog, but after a few hours of trying I don't get anywhere. I give up trying to download this wallet for the time being. Hopefully there will be another one easier to download later on.

[Scott J]

I have a question about participating in the Komodo ICO, I have BTCD, will i need transfer the BTCD from an exchange to the BTCD wallet or can I do the swap from my BTCD exchange address.

Just to add, the reason why you would withdraw to your wallet is because a snap shot will be taken at the end of the ICO period. This snapshot is used to allocate the rev share for the BTCD holders. Even though exchanges should pass on the assets, i would avoid the hassle and just use a wallet you control.

I assume there haven't been any announcements yet from exchanges regarding this?

[KomodoPlatform]

I have a question about participating in the Komodo ICO, I have BTCD, will i need transfer the BTCD from an exchange to the BTCD wallet or can I do the swap from my BTCD exchange address.

Just to add, the reason why you would withdraw to your wallet is because a snap shot will be taken at the end of the ICO period. This snapshot is used to allocate the rev share for the BTCD holders. Even though exchanges should pass on the assets, i would avoid the hassle and just use a wallet you control.

I assume there haven't been any announcements yet from exchanges regarding this?

No, and we strongly recommend everyone to send their BTCD to a local wallet. We do not yet know when we will be able to create that revenue asset as it will require asset chains.

Today we have made a list of changes we will do for the bitcoindark.com website and soon our guy will implement them.

We also have made a complete guide that goes step by step the process of installing the bitcoindark-QT wallet, and sending coins from an exchange to the wallet.

The guide will be published at the same time we update the bitcoindark.com website.

[jovan85]

what bounty for this coin?facebook , twitter campaign, translation? I join signature for now

[jl777]

I have been working on getting atomic cross chain swaps fully working for quite a while. The protocol details are described in:  https://bitcointalk.org/index.php?topic=1364951

With help and inspiration from Tier Nolan, today was the first automated atomic swap including redeems via the following transactions triggered by:

curl --url "http://127.0.0.1:7778" --data "{\"agent\":\"InstantDEX\",\"method\":\"request\",\"vals\":{\"source\":\"BTCD\",\"amount\":0.1,\"dest\":\"BTC\",\"minprice\":0.004}}"

alicefee: https://www.blockexperts.com/btcd/tx/867775f455c22930fa9bc0a48cd41d56fbdf043cd735f3d34a6f8dbdcfed200b

bobfee: https://blockchain.info/tx/b4d1d3eab856547209f950ca36ac5c0f3c6b8791036962200c784b9dcea660be

bobdeposit: https://blockchain.info/tx/f4aa6a34f07cb2bad90aca79f2fc8e51b55c23d78d53e3035f156de1a7faf2a3

alicepayment: https://www.blockexperts.com/btcd/tx/a7e27e540b19a1225796c89de75955279e06600c2cf04462c786d158fdc269c8

bobpayment(*): txid 87b6a1e9896c1da28c1e20f421cdac1ad5233f7925962bee107147ed621a12d2

alicespend of bobpayment(*): txid 69f690d5201e1d7dabf69ea6c1bc810df843bac3a5092738a60d0410d921c9e6

bobspend of alicepayment: https://www.blockexperts.com/btcd/tx/4575c92c93459738543918ecc1871f8c27348b2006354c699401304c08ec816b

bobrefund of bobdeposit: https://blockchain.info/tx/52a3bf49eca2b49346812458ee96b242e643ae2a59080fde4b52e06d110a97df

(*)The bobpayment and alicespend of it was from a different test run

Now there are still the timeout cases to get working, but the hardest part has been to get all the mainstream spends of the custom transactions working. Now it is ready for a GUI to be made for it so end users can submit conversion requests to the LP nodes from the browser.

On the Liquidity Provider side, there is more work to do but the framework is in place for any node to signup to be an LP node with a customizable profit margin for each coin.
curl --url "http://127.0.0.1:7778" --data "{\"agent\":\"tradebot\",\"method\":\"amlp\"}"
curl --url "http://127.0.0.1:7778" --data "{\"agent\":\"tradebot\",\"method\":\"liquidity\",\"targetcoin\":\"BTCD\",\"vals\":{\"profit\":0.005}}"

A cool thing is all during this "weekend's" testing of the atomic swaps, I didnt have to reset the notary nodes at all. They ran all the time and properly handled all the comms.

[MoneyJ]

We sure have a plenty of progress going on at Komodo platform.