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Author Topic: [ANN][KMD][dPoW] Komodo - next generation platform, Secured by Bitcoin  (Read 1141697 times)
loremipsum
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November 06, 2016, 07:53:29 PM
 #2261

Is it possible to mine for Komodo, KMD, on the mainnet?

If you are a notary node yes. You could also mine them without being a notary node but difficulty will be much higher.

So the algorithm will be like the Zcash one? Equihash?

I guess there won't be any point in mining if you are not a notary node?

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November 06, 2016, 08:28:42 PM
 #2262

Is it possible to mine for Komodo, KMD, on the mainnet?

If you are a notary node yes. You could also mine them without being a notary node but difficulty will be much higher.

So the algorithm will be like the Zcash one? Equihash?

I guess there won't be any point in mining if you are not a notary node?

Correct.

So it is a round robin for the notary node themselves. So the chosen 1 will have a very low diff, other nodes will have a higher one. Normal miners will have a even higher one. So even though blocks can be mined by others than the selected node, it is probably not worth the work or hashing power.





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SuperNET.org
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November 06, 2016, 08:44:44 PM
 #2263

Is it possible to mine for Komodo, KMD, on the mainnet?

If you are a notary node yes. You could also mine them without being a notary node but difficulty will be much higher.

So the algorithm will be like the Zcash one? Equihash?

I guess there won't be any point in mining if you are not a notary node?

Correct.

So it is a round robin for the notary node themselves. So the chosen 1 will have a very low diff, other nodes will have a higher one. Normal miners will have a even higher one. So even though blocks can be mined by others than the selected node, it is probably not worth the work or hashing power.

Wouldn't you agree that all depends on the opening value and acceptance as well as the difficulty? If the price raises at a higher rate than the diff it might just be worthwhile no?

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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November 06, 2016, 08:49:16 PM
 #2264

what is the ICO price of Komodo ,is it still possible to enter this ICO. what is the expected risk return if i am investing in this coin?
RJF19
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November 06, 2016, 09:02:59 PM
 #2265

what is the ICO price of Komodo ,is it still possible to enter this ICO. what is the expected risk return if i am investing in this coin?

Go here to buy in:  https://ico.komodoplatform.com/ 

Open till 11/20/16  Don't have the other answers for you, perhaps someone else can assist.



Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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November 06, 2016, 09:29:54 PM
 #2266

HI devs I want to do the hindi translation of this thread.Here is my work reference https://bitcointalk.org/index.php?topic=1671963.0;topicseen
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November 06, 2016, 09:42:35 PM
 #2267

HI devs I want to do the hindi translation of this thread.Here is my work reference https://bitcointalk.org/index.php?topic=1671963.0;topicseen

I did not like the translation. Looks more like google translated, a tiny bit of correction done to words.

Grammatical mistakes, and sentences aren't written correctly. (Don't want to go in specific.)

Google translation is good, but it's not perfect. A translator has to make some change to the sentences to make it perfect.

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November 06, 2016, 10:42:52 PM
 #2268

It is Sunday evening, and it's time to update the calculators again!

35% bonus: 500 BTC
35% bonus: 0 BTC
25% bonus: 980 BTC
20% bonus: 606.84 BTC
15% bonus: 286.70 BTC
10% bonus: 38.18 BTC
5% bonus: ?
0% bonus: ?

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Decentralized Crowdfunding | Decentralized Exchange | Bitcoin Security | Zero-Knowledge Proofs | Blockchain Interoperability | Scalable Infrastructure
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November 06, 2016, 10:44:33 PM
 #2269

So you make a clone of a shitcoin... and people really need to invest in this? Luckily you spend some ads money on coinmarketcap so that those people will earn some money on this scam too.
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November 06, 2016, 10:53:52 PM
 #2270

what is the ICO price of Komodo ,is it still possible to enter this ICO. what is the expected risk return if i am investing in this coin?

Two weeks left!

You will have to make the investment risk analysis yourself, but I can tell you the situation.

From the komodoplatform.com website you can see how many BTC we have raised, then you can scroll down and download our ICO calculator. Then you can insert the numbers from the post above and try to speculate what we could raise during the last two weeks.

With the calculator you can calculate how big our market cap would be. With the amount we have raised today it would be ~ 8,000,000 USD

Then you got to understand our vision, who's in our team, and keep track about how our development is going. We try to our best to communicate that, but the project is large in scale. I recommend you visit our website and then the OP of this thread & the very first comment below it. From there you can find everything we have published during this ICO.

First and foremost I recommend two links:
 1) A Guide to Better Understand Komodo
 2) Our latest newsletter

I hope you found this helpful!

Best regards

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Decentralized Crowdfunding | Decentralized Exchange | Bitcoin Security | Zero-Knowledge Proofs | Blockchain Interoperability | Scalable Infrastructure
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November 07, 2016, 03:41:00 AM
 #2271

Very happy with the ICO progress. Nice to see that it is not bloated. yet. Might drop few BTC in KMD if it stays below 5K BTC on last day.
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November 07, 2016, 04:17:41 AM
 #2272

Very happy with the ICO progress. Nice to see that it is not bloated. yet. Might drop few BTC in KMD if it stays below 5K BTC on last day.

Agreed.  

Supernet has been on a hot streak of picking winning projects lately.  

http://www.supernet.org/nav.php

Iota, Waves, Stratis, Heat - All profitable winners that SuperNET invested in recently

SuperNET is getting ready to make its biggest investment yet of 322 BTC worth of BitcoinDark going into Komodo.

Even if maximum cap of 30k BTC were hit, I think we would still see a nice profit with Komodo

KMD secures the anon tech of zcash with Bitcoin's hashrate, and it's fairly distributed with the block rewards going to the people.

MoveCrypto for Komodo Notary
https://komodoplatform.com/
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November 07, 2016, 04:39:22 AM
 #2273

Very happy with the ICO progress. Nice to see that it is not bloated. yet. Might drop few BTC in KMD if it stays below 5K BTC on last day.

Agreed.  

Supernet has been on a hot streak of picking winning projects lately.  

http://www.supernet.org/nav.php

Iota, Waves, Stratis, Heat - All profitable winners that SuperNET invested in recently

SuperNET is getting ready to make its biggest investment yet of 322 BTC worth of BitcoinDark going into Komodo.

Even if maximum cap of 30k BTC were hit, I think we would still see a nice profit with Komodo

KMD secures the anon tech of zcash with Bitcoin's hashrate, and it's fairly distributed with the block rewards going to the people.

If 15K BTC is raised (let alone 30K BTC), I would stay away from KMD ICO. There will be no reward for investors if that much is raised. Don't forget 6K BTC is already raised from the BTCD swap.

The sweet spot is anywhere between 3K BTC and 5K BTC.
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November 07, 2016, 09:19:09 AM
 #2274

Learn about the latest in SuperNET technology with the new Komodo super blockchain technology.







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SuperNET.org
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MoveCrypto
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November 07, 2016, 04:42:54 PM
 #2275

Very happy with the ICO progress. Nice to see that it is not bloated. yet. Might drop few BTC in KMD if it stays below 5K BTC on last day.

Agreed.  

Supernet has been on a hot streak of picking winning projects lately.  

http://www.supernet.org/nav.php

Iota, Waves, Stratis, Heat - All profitable winners that SuperNET invested in recently

SuperNET is getting ready to make its biggest investment yet of 322 BTC worth of BitcoinDark going into Komodo.

Even if maximum cap of 30k BTC were hit, I think we would still see a nice profit with Komodo

KMD secures the anon tech of zcash with Bitcoin's hashrate, and it's fairly distributed with the block rewards going to the people.

If 15K BTC is raised (let alone 30K BTC), I would stay away from KMD ICO. There will be no reward for investors if that much is raised. Don't forget 6K BTC is already raised from the BTCD swap.

The sweet spot is anywhere between 3K BTC and 5K BTC.

Ethereum - 1319k BTC
Monero - 100k BTC
Dash - 93k BTC
Waves - 51k BTC

Even if 15k BTC were raised here, KMD would have plenty of room to more than double.  More BTC raised would equal more profit because more developers could be hired.

More BTC could also be used to provide liquidity for KMD/BTC trading pair on Easydex.  Then people could easily transfer in and out of KMD in place of a Bitcoin mixer, without having to deal with KYC exchange and withdrawal limits.

MoveCrypto for Komodo Notary
https://komodoplatform.com/
V1saya
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November 07, 2016, 05:57:47 PM
 #2276

Getting excited on this project. I feel everything is doing great as well. Can't wait to hold my KMDs. Cheesy
Esphere.in
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November 07, 2016, 06:28:27 PM
 #2277

what is the ICO price of Komodo ,is it still possible to enter this ICO. what is the expected risk return if i am investing in this coin?

Two weeks left!

You will have to make the investment risk analysis yourself, but I can tell you the situation.

From the komodoplatform.com website you can see how many BTC we have raised, then you can scroll down and download our ICO calculator. Then you can insert the numbers from the post above and try to speculate what we could raise during the last two weeks.

With the calculator you can calculate how big our market cap would be. With the amount we have raised today it would be ~ 8,000,000 USD

Then you got to understand our vision, who's in our team, and keep track about how our development is going. We try to our best to communicate that, but the project is large in scale. I recommend you visit our website and then the OP of this thread & the very first comment below it. From there you can find everything we have published during this ICO.

First and foremost I recommend two links:
 1) A Guide to Better Understand Komodo
 2) /cnpupr]Our latest newsletter

I hope you found this helpful!

Best regards

thanks mate for the details and i will be investing after reading everything about it.
farl4web
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November 07, 2016, 06:48:18 PM
 #2278

Very happy with the ICO progress. Nice to see that it is not bloated. yet. Might drop few BTC in KMD if it stays below 5K BTC on last day.

Agreed.  

Supernet has been on a hot streak of picking winning projects lately.  

http://www.supernet.org/nav.php

Iota, Waves, Stratis, Heat - All profitable winners that SuperNET invested in recently

SuperNET is getting ready to make its biggest investment yet of 322 BTC worth of BitcoinDark going into Komodo.

Even if maximum cap of 30k BTC were hit, I think we would still see a nice profit with Komodo

KMD secures the anon tech of zcash with Bitcoin's hashrate, and it's fairly distributed with the block rewards going to the people.

If 15K BTC is raised (let alone 30K BTC), I would stay away from KMD ICO. There will be no reward for investors if that much is raised. Don't forget 6K BTC is already raised from the BTCD swap.

The sweet spot is anywhere between 3K BTC and 5K BTC.

Ethereum - 1319k BTC
Monero - 100k BTC
Dash - 93k BTC
Waves - 51k BTC

Even if 15k BTC were raised here, KMD would have plenty of room to more than double.  More BTC raised would equal more profit because more developers could be hired.

More BTC could also be used to provide liquidity for KMD/BTC trading pair on Easydex.  Then people could easily transfer in and out of KMD in place of a Bitcoin mixer, without having to deal with KYC exchange and withdrawal limits.

Hiring more devs would be a great thing. I still can't believe James is coding this all alone. Amazing.  Shocked

Follow the latest blockchain news: https://twitter.com/blockchainguide
klarki
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November 07, 2016, 08:26:56 PM
 #2279

Through how many after the ICO, the coin will be released on the exchange?

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KomodoPlatform
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November 07, 2016, 08:46:13 PM
 #2280

Iguana GUI update by boogieman

Quote
The GUI update:
1. 0.1.1 release
Though we decided to switch to Angular, we still try to keep to the deadlines and release.
So in 0.1.1 we mainly closed some bugs and made up some code and view optimizations:
- Fixed add-wallet bug with modal
- Fixed price on Dashboard page bug
- Fixed rates update
- Fixed Create Wallet Flow
- Optimized modals for tablet view
2.  As Angular rework will take some time we decided to break the features upgrade steadily until the next major release which will be devoted to KOMODO mainnet launch.
So we are a bit ahead with user stories and mockups with @antonleogky. As we were a bit pressed by the first release deadline, we omitted some cool features in UX/UI, so now we are putting them up.
https://files.slack.com/files-pri/T02LAJBUW-F2XH6E5QR/__________________________2016-11-04____1.37.14_____.png
3. Have something cool for Iguana Update blog, so stay tuned, will publish tomorrow.

Big up!



Iguana is a cryptocurrency multiwallet, and thus it can also be used to send/receive Komodo in transparent mode. Satinder Grewal is developing EasyDEX GUI, which will allow those coins to be traded on a decentralized exchange. Just few days ago we published a new whitepaper about it. EasyDEX GUI can also be used to send Komodo's anonymous payments.

https://github.com/SuperNETorg/Iguana-GUI/releases

There are multiple different projects under SuperNET, but they all are connected in some ways, and they all leverage from each other. In this case there are even two different GUI teams, but those too work together whenever it is possible.

Iguana's back-end is really the thing that is powering everything we do. Here's a quote from jl777:

There are some questions about how iguana relates to komodo.

I have been working on a single codebase for the last 2 years. It is usually about 100,000 lines of C, though it fluctuates in size as I deprecate parts that I am able to improve and of course I am always adding to it.

Basically all my crypto code goes into the iguana codebase and docs.supernet.org shows the external API set. However, there is a lot more functionality that is purely internal. Think of it as a wide ranging toolkit that has code to do pretty much anything related to crypto and even some things that are just OS independent ways of dealing with large realtime datasets and networking.

One of the things komodo needs are notary nodes. Inside iguana there is support for special purpose relays. So, what I did was create an instance of these iguana relays and customized it to be notary nodes. I extracted the lowest level pubkey messaging and the notary nodes now support just this. However, creating a p2p network is not exactly a matter of a simple function call, so I also created a special coin called "NOTARY". This is a coin without a blockchain and I made it so I can use the existing iguana peer management to spawn the notary nodes network.

As you can see, there is no simple way to explain how iguana relates to komodo. I will be adding voting support into the notary nodes and they will inject into the komodo network special "notarized" messages using an extended bitcoin protocol. Ths way, the amount of code that has to go inside the komodo is minimized and the less code there is, the less bugs.

One benefit of splitting out the NOTARY functionality is now, the DEX code can be run on even a basilisk node, which means you can run an LP node on a basilisk instance for a coin, though probably best to have a full iguana node if you will be competing with the realtime auctions.

I made some simple scripts that allows a node to add itself to the NOTARY network either as a notary node or as a client. For the voting, all the stakeholders would connect to the NOTARY network and vote. I came up with an interesting way to do the voting for the notary nodes that allows anybody to join as a candidate node, but only the nodes with the most votes will be actively participating in the block generation. I still need to finish coding it, but it avoids the problem of notary nodes creating blocks with the info that elects notary nodes. I also think it can be made to be near realtime performance, though I need to get it running first to verify its performance level.

Once we can get a validated and ranked list of notary nodes, then it will be possible to write the komodo side code that accepts the notarized messages.

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