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

[tomsmith26]

I have a dedicate Intel server 12core 32GB RAM SSD 230GB so how can I do with komodo platform?
so can I mine this KMD ? Give me an advice for this ? Thanks

[KomodoPlatform]

I have a dedicate Intel server 12core 32GB RAM SSD 230GB so how can I do with komodo platform?
so can I mine this KMD ? Give me an advice for this ? Thanks

The mining is done by Notary Nodes, so you would have to be elected.

More info:
 - https://www.komodoelection.com/
 - https://steemit.com/komodo/@komodoplatform/notary-node-elections
 - https://steemit.com/komodo/@komodoplatform/komodo-zcash-pow-with-dpow-consensus-mechanism
 - https://komodoplatform.useresponse.com/topic/can-you-give-me-information-about-the-notary-nodes-election-process
 - https://komodoplatform.useresponse.com/knowledge-base/article/do-we-need-to-have-the-dedicated-server-already-in-place-for-the-vote-or-is-it-enough-to-describe-the-server-which-will-be-ordered-after-a-successful-candidacy
 
If you would like to become a Notary Node we encourage you to join #notarynode channel on SuperNET Slack and run a notary node in the Komodo testnet.

[jl777]

dPoW status

Fixed several bugs I found in yesterday's code and now it is keeping persistent state pretty well. After the bug fixes I havent seen it forget any state change event, which are all in an append only file.

got the round robin mining code finally compiling, a lot of small changes in the C++ code was required. released a hardfork version for testnet at block 34000, and we will find out tomorrow if the mining diff is lowest diff for one notary node per block, on a rotating basis.

also beefed up the updating of elected notaries via the ratification transaction. this went hand in hand with the mining difficulty change as both needs to know the exact consensus on the elected notaries as of any height. Coding that up allowed solving both issues at the same time.

i also changed from linear searches to hash lookups for both searches that are needed, so now there wont be any slowdowns regardless of how many notary sets there are or notary utxo.

I am sure there are still issues as the notary operators are reporting some problems compiling, but I had a bit of time so I figured I would update status.

What is left to do after stabilizing the current release is: award 5% APR

yes, just one item left and komodod will be done except for mainnetization.

I am making good progress and looking forward to connecting assetchains to dPoW next week.

Just saw: 2016-10-20 17:34:16 ERROR: ContextualCheckBlockHeader: forked chain older than last notarized (height 33420)

This is the dPoW protection in action! The latest notarized height is 33420 and a block earlier than that was trying to propagate, and rejected.

probably some edge cases yet to fix, but always nice when the first deployment is working as it should

[flowjob]

What is the correct data for the ICO calculator so far?

Should be something like this
35%   500
30%   250
25%  1000
but i am unsure about the 250 BTC with 30% bonus.

[St.Stephan]

Shout out to jl777 and grewelsantander, way to go guys. Keep at it!

[poloniexwhale]

is this gpu minable?

It is not designed to be a mined coin so unless you are a notary node, mining wont be profitable.

Unless KMD price goes way up, GPU mining wont have any ROI. There are GPU miners for equihash though, so technically it is possible, just not practical

Hi, jl, I have some questions, looks interesting, I wanna be a node.

1. What is a notary node? Is it like a masternode in dash or xem?
2. We need to set up a server to be the notary node, right?
3. The specification of notary node rewards and mining rewards? More details?

I can't find it in your op. Maybe you can show us some light. Thx.

[jl777]

is this gpu minable?

It is not designed to be a mined coin so unless you are a notary node, mining wont be profitable.

Unless KMD price goes way up, GPU mining wont have any ROI. There are GPU miners for equihash though, so technically it is possible, just not practical

Hi, jl, I have some questions, looks interesting, I wanna be a node.

1. What is a notary node? Is it like a masternode in dash or xem?
2. We need to set up a server to be the notary node, right?
3. The specification of notary node rewards and mining rewards? More details?

I can't find it in your op. Maybe you can show us some light. Thx.

https://github.com/SuperNETorg/komodo/wiki/Setup-Komodo-Notary-Node

https://komodoplatform.com/whitepaper/ explains notary node.

busy tracking down bug now, no time for more details. hopefully the info you need is there

[yassin54]

is this gpu minable?

It is not designed to be a mined coin so unless you are a notary node, mining wont be profitable.

Unless KMD price goes way up, GPU mining wont have any ROI. There are GPU miners for equihash though, so technically it is possible, just not practical

Hi, jl, I have some questions, looks interesting, I wanna be a node.

1. What is a notary node? Is it like a masternode in dash or xem?
2. We need to set up a server to be the notary node, right?
3. The specification of notary node rewards and mining rewards? More details?

I can't find it in your op. Maybe you can show us some light. Thx.

https://github.com/SuperNETorg/komodo/wiki/Setup-Komodo-Notary-Node
https://komodoplatform.com/whitepaper/ explains notary node.

busy tracking down bug now, no time for more details. hopefully the info you need is there

@poloniexwhale if you have time you can join our slack SuperNET -->channel --> #NotaryNode!!

Slack Invite : http://slackinvite.supernet.org/

[barbierir]

What is the correct data for the ICO calculator so far?

Should be something like this
35%   500
30%   250
25%  1000
but i am unsure about the 250 BTC with 30% bonus.

Not exactly sure but it should be:

35% 500
30% 0
25% 980

20% is still course and it could be about 500 by the end of week. The usual path in Ico is to have a 3x or 4x spike in the last days in comparison to the beginning, so raising more than 5000 Btc seems doable by the end but 10000 will be hard.

[KomodoPlatform]

What is the correct data for the ICO calculator so far?

Should be something like this
35%   500
30%   250
25%  1000
but i am unsure about the 250 BTC with 30% bonus.

35% 500
30% 0
25% 980

[V1saya]

Hello there. Is "Bitcoin investment address" in my account ICO site common for all Komodo investors or it is only intended for my deposits?
Thanks and wishing Komodo with great success.

[PondSea]

Hello there. Is "Bitcoin investment address" in my account ICO site common for all Komodo investors or it is only intended for my deposits?
Thanks and wishing Komodo with great success.

Unique to you.

[KomodoPlatform]

Live Interview with our not-so-anonymous Komodo team

We are not sure what happened, but it turns out our team isn't completely anonymous. Looks like there are many people who aren't afraid to show their faces.

Come and witness it yourself! We will be having a live interview with coininterview.com on Friday, October 28, 2016 6PM UTC

Link to the interview

Two of our team members will be there:
 - Technical expert @grewalsatinder (Satinder Grewal)
 - Administrative Assistant polycryptoblog

Another interview with our community manager

Our community manager Audo had a written interview with a Spanish newslet. The full article written in Spanish can be found from criptonoticias.com.

The interview was conducted in English, and here is its transcript:

What is Komodo?

Komodo can be thought as an infrastructure coin that other blockchains and services utilize. Its biggest features are Zcash anonymity and a new delayed Proof of Work (dPoW) consensus method. Thus Komodo will use the best privacy technology (Zcash zero knowledge proofs) while enjoying Bitcoin level security.

What solution does Komodo bring to the cryptocurrencies and blockchain world?

In our bigger roadmap we needed a way to secure weak blockchains, and because of this we developed the dPoW consensus method. With the dPoW any blockchain can notarize its hashes to Komodo blockchain, which in turn notarizes its hashes to Bitcoin blockchain. It can be thought as a two-factor authentication method for blockchains or as an additional security layer.

Any blockchain platform can use Komodo for additional security, and by doing so they will also make Bitcoin more purposeful by “recycling” its hashing power. Thus Komodo will really help the entire cryptocurrency ecosystem.

What are you expecting to achieve with this ICO?

The dPoW implementation requires high capacity Notary Nodes, which will create group signed bitcoin transactions. Those transactions cost money, and part of the ICO funds will be used to make sure those Notary Nodes get properly funded. Eventually the system will become self sustaining, as other blockchain will pay tx fees to Komodo.

With the funding we will make sure our long term vision for crypto is achieved with a bigger team and an accelerating development.

Why people should invest in your ICO?

One of the hottest word in crypto is Zcash and its zero knowledge proofs, which allow extreme anonymity for its users. As the first Zcash fork we will give the same anonymity features to our users. Zcash didn’t offer a traditional ICO for its coin, so Komodo is the best opportunity to jump on this train.

Which are the plans of Komodo for growing in the future?

Komodo plays a key part in the other technologies our team is developing, and is guaranteed to get leverage from them. The other projects we are developing are parallel syncing multicoin wallet, decentralized exchange with atomic swaps, assets with independent blockchains, and so forth.

We will make it as easy as possible for other projects to start using dPoW in order to give additional security for them. Every chain using dPoW will create demand for KMD, and we expect the trend for individual blockchains to only increase in the future. A private blockchain will need security, and for that they will come to us.

[coingirl87]

What is the correct data for the ICO calculator so far?

Should be something like this
35%   500
30%   250
25%  1000
but i am unsure about the 250 BTC with 30% bonus.

35% 500
30% 0
25% 980

And Swapped BTCD is fixed? so all BTCD (1,288,862) will swap?

[yassin54]

Live Interview with our not-so-anonymous Komodo team! October 28, 2016 6PM UT.

https://bitcointalk.org/index.php?topic=1605144.msg16629765#msg16629765

Tweet : https://twitter.com/KomodoPlatform/status/789196692495142912

Reddit : https://www.reddit.com/r/komodoplatform/comments/58j2fg/live_interview_with_our_notsoanonymous_komodo/

Facebook : https://www.facebook.com/KomodoPlatform/photos/a.330322533980991.1073741828.321638648182713/349991438680767/?type=3&theater

News SuperNET : http://news.supernet.org/posts/DC3QzGFzvRt6ZSiW4/live-interview-with-our-not-so-anonymous-komodo-team-october

[KomodoPlatform]

What is the correct data for the ICO calculator so far?

Should be something like this
35%   500
30%   250
25%  1000
but i am unsure about the 250 BTC with 30% bonus.

35% 500
30% 0
25% 980

And Swapped BTCD is fixed? so all BTCD (1,288,862) will swap?

Yes, that is correct.

[IOTUSA]

Here's the newest graph containing the SuperNET dividend flows.

Many of the assets listed on the graph are projects build on top of SuperNET/Iguana/Komodo... they will be reference applications that showcase the technology we are building. Anyone could use the SuperNET API (called agents) and build on top of our open source technology.

EDIT: To make it clear, the revenue flows BTCD was promised are not going to migrate into Komodo.

I am not saying that Komodo is a scam. But the general rule of project and asset structuring is that if it looks unnecessarily complex, it's unnecessarily complex for the reason that you simply don't want people to know how it works.

I wish Komodo all the best, but will sit this one out.

[szafa]

When ico is ending?

[yassin54]

Komodo oferta sus criptomonedas prometiendo aumentar el anonimato y seguridad en las transacciones.

http://criptonoticias.com/aplicaciones/komodo-criptomonedas-promete-aumentar-anonimato-seguridad-blockchain/#axzz4Ne4Knxbg

Tweet : https://twitter.com/KomodoPlatform/status/789200709195476992

Reddit : https://www.reddit.com/r/komodoplatform/comments/58j5nn/komodo_oferta_sus_criptomonedas_prometiendo/

Facebook : https://www.facebook.com/KomodoPlatform/posts/349997035346874

News SuperNET : http://news.supernet.org/posts/ayzCpc7oCYyJtGPbf/komodo-oferta-sus-criptomonedas-prometiendo-aumentar-el

[yassin54]

When ico is ending?

20 November!!  

Here's a more precise timetable for our ICO


20 % bonus ends on October 23rd, 3PM UTC

15 % bonus ends on October 30th, 3PM UTC

10 % bonus ends on November 6th, 3PM UTC

5 % bonus ends on November 13th, 3PM UTC

ICO ends on November 20th, 3PM UTC