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Author Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B  (Read 1191683 times)
Katewind
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January 06, 2017, 05:03:35 AM
 #3401

And again, the developers should really keep to the schedule that they've posted here many times over the past months:

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


Most importantly, we should get at least 1 week notice before the snapshot.   Many people can only move a limited amount of crypto out of Poloniex per day, depending on verification levels, so please give us a week, as promised before the snapshot so we can get it done.  

If you want to allow swapping earlier or distribute KMD early, I suppose wouldn't be downsides, but the advance notice for the snapshot is important.  Thank you.

So Has ICO KMD project finished already? Perhaps, I'm so late. I have just seen this thread. If I bought BTCD on the bittrex exchange, Could I join the project as the same as bitcoin investors? Thank you, Guy.
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tclo
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January 06, 2017, 05:27:44 AM
 #3402


So Has ICO KMD project finished already? Perhaps, I'm so late. I have just seen this thread. If I bought BTCD on the bittrex exchange, Could I join the project as the same as bitcoin investors? Thank you, Guy.

Yes the KMD ICO ended in November, but as I posted above, you get more KMD now with buying BTCD, so if you are doing that, you are fine.
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January 06, 2017, 05:33:56 AM
 #3403

And again, the developers should really keep to the schedule that they've posted here many times over the past months:

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


Most importantly, we should get at least 1 week notice before the snapshot.  Many people can only move a limited amount of crypto out of Poloniex per day, depending on verification levels, so please give us a week, as promised before the snapshot so we can get it done.  

If you want to allow swapping earlier or distribute KMD early, I suppose wouldn't be downsides, but the advance notice for the snapshot is important.  Thank you.

It seems that the plan only change in term that the swapping will start automatically with the first day the Komodo ICO site accept BTCD deposits. And the BTCD snapshot will happen in the planned timeframe.
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January 06, 2017, 05:40:56 AM
 #3404


So Has ICO KMD project finished already? Perhaps, I'm so late. I have just seen this thread. If I bought BTCD on the bittrex exchange, Could I join the project as the same as bitcoin investors? Thank you, Guy.

Yes the KMD ICO ended in November, but as I posted above, you get more KMD now with buying BTCD, so if you are doing that, you are fine.

If I buy BTCD now, May I Have more investment bonus the same as investing with bitcoin before.?
and when does the swap finish? Thank you .
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January 06, 2017, 05:50:51 AM
 #3405


So Has ICO KMD project finished already? Perhaps, I'm so late. I have just seen this thread. If I bought BTCD on the bittrex exchange, Could I join the project as the same as bitcoin investors? Thank you, Guy.

Yes the KMD ICO ended in November, but as I posted above, you get more KMD now with buying BTCD, so if you are doing that, you are fine.

If I buy BTCD now, May I Have more investment bonus the same as investing with bitcoin before.?
and when does the swap finish? Thank you .

That´s right. If you buy @current rate you have more bonus.

Swap is finish after 1 full year. Only for the snapshot (for get Revenue Assets Bonus on top) you need to hold BTCD in a address under your control OR deposit your coins into your personal account at the Komodo ICO site UNTIL snapshot – at a specific block – is happen (7 days after Komodo ICO site accepts* BTCD deposits).

* TBA (within next days)
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January 06, 2017, 06:02:51 AM
 #3406


So Has ICO KMD project finished already? Perhaps, I'm so late. I have just seen this thread. If I bought BTCD on the bittrex exchange, Could I join the project as the same as bitcoin investors? Thank you, Guy.

Yes the KMD ICO ended in November, but as I posted above, you get more KMD now with buying BTCD, so if you are doing that, you are fine.

If I buy BTCD now, May I Have more investment bonus the same as investing with bitcoin before.?
and when does the swap finish? Thank you .

That´s right. If you buy @current rate you have more bonus.

Swap is finish after 1 full year. Only for the snapshot (for get Revenue Assets Bonus on top) you need to hold BTCD in a address under your control OR deposit your coins into your personal account at the Komodo ICO site UNTIL snapshot – at a specific block – is happen (7 days after Komodo ICO site accepts* BTCD deposits).

* TBA (within next days)

Thank you for your help. I will do it now. Have a nice day.
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January 06, 2017, 06:29:04 AM
Last edit: January 06, 2017, 06:52:16 AM by tclo
 #3407

If I buy BTCD now, May I Have more investment bonus the same as investing with bitcoin before.?
and when does the swap finish? Thank you .

Yes that's what I said above, and I broke down the numbers. If you buy BTCD now, you will receive (after the swap) twice as much KMD per BTC spent than you would have received at the end of the ICO in November.
rnr
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January 06, 2017, 08:49:13 AM
Last edit: January 15, 2017, 10:44:14 AM by rnr
 #3408


Team Komodo Ninja

provide you

abstract of FAQ
regarding Financial Facts of Komodo (KMD) and BitcoinDark (BTCD)!


Last Update: 09. January 2017










Please retweet/follow at


 
grewalsatinder
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January 06, 2017, 09:02:17 AM
 #3409

My Open Letter to Komodo Investors



umairsaleem011
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January 06, 2017, 09:20:35 AM
 #3410

How many coins has jl777 developed as of now?
rnr
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January 06, 2017, 09:24:00 AM
 #3411

How many coins has jl777 developed as of now?

That was answered several times in this thread. Do you expect us to support your laziness?
KomodoPlatform
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January 06, 2017, 09:34:55 AM
 #3412

And again, the developers should really keep to the schedule that they've posted here many times over the past months:

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


Most importantly, we should get at least 1 week notice before the snapshot.  Many people can only move a limited amount of crypto out of Poloniex per day, depending on verification levels, so please give us a week, as promised before the snapshot so we can get it done.  

If you want to allow swapping earlier or distribute KMD early, I suppose wouldn't be downsides, but the advance notice for the snapshot is important.  Thank you.

It seems that the plan only change in term that the swapping will start automatically with the first day the Komodo ICO site accept BTCD deposits. And the BTCD snapshot will happen in the planned timeframe.

Yes you are correct. The schedule will stay as announced previously, but the swap can in fact start earlier.

Yesterday we found one bug, and now we are fixing it. We will announce the schedule as soon as it is fixed and no further bugs are found in testing.

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Atomic Swaps | Decentralized Exchange | UTXO Contracts | Community-Led | Open Source | Scalable Ecosystem
KomodoPlatform
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January 06, 2017, 09:39:27 AM
 #3413

How many coins has jl777 developed as of now?

That was answered several times in this thread. Do you expect us to support your laziness?

This is easy to answer: one coin - Komodo

BitcoinDark was a project jl777 joined midway, so he did not start it.

SuperNET is not a coin, and neither are the reference applications we are developing on top of our platform.

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Atomic Swaps | Decentralized Exchange | UTXO Contracts | Community-Led | Open Source | Scalable Ecosystem
yassin54
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January 06, 2017, 10:01:05 AM
 #3414

Tradebots Update – Predicting the Future Price.

tclo
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January 06, 2017, 10:31:12 AM
 #3415


Yes you are correct. The schedule will stay as announced previously, but the swap can in fact start earlier.

Yesterday we found one bug, and now we are fixing it. We will announce the schedule as soon as it is fixed and no further bugs are found in testing.

Yes it sounds just fine with the swap starting earlier.  I don't see any downside to that and a lot of upside, of course.  Thank you for the update.

jl777 (OP)
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January 06, 2017, 10:44:57 AM
 #3416

How many coins has jl777 developed as of now?

That was answered several times in this thread. Do you expect us to support your laziness?

This is easy to answer: one coin - Komodo

BitcoinDark was a project jl777 joined midway, so he did not start it.

SuperNET is not a coin, and neither are the reference applications we are developing on top of our platform.
unless you count the 32 pax coins as 32 coins and the 10 assetchains, then the total goes up a bit. komodod can spawn a new coin from the command line, so in a sense I  have created an unlimited number of coins.

this is to solve the scalability issue by using existing infrastructure. if you need 100x capacity, just make 100 chains

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Fishdude1
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January 06, 2017, 10:47:09 AM
 #3417



So why doesn't  the market pick up those BTCD at half price? I haven't got any liquidity left or else I would. Why does nobody else pick up the arbitrage?
Is it that the market does not trust this project after all? Is the market stupid?
KomodoPlatform
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January 06, 2017, 10:57:27 AM
 #3418


Team Komodo Ninja

provide you

abstract of FAQ
regarding Financial Facts of Komodo (KMD) and BitcoinDark (BTCD)!


Last Update: 06. January 2017








Please retweet/follow at


 


So why doesn't  the market pick up those BTCD at half price? I haven't got any liquidity left or else I would. Why does nobody else pick up the arbitrage?
Is it that the market does not trust this project after all? Is the market stupid?

1) There's no launch date announced yet
2) No Komodo GUI wallet is released yet (expect Iguana multiwallet alpha versions)
3) BTCD swap has not begun

Those things will happen very quickly, and we got a solid roadmap with a platform we have been developing for 2 years. The machine is ready, we just need to connect some wires.

◈▣ KOMODO ● Set Your Ideas Free ▣◈
.......AECOSYSTEFONATIVE BLOCKCHAINS.......
Blockchain Generator | Atomic Swaps | Decentralized Exchange | UTXO Contracts | Community-Led | Open Source | Scalable Ecosystem
rnr
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January 06, 2017, 10:59:46 AM
 #3419

Oh yes, and I am very ready to change the FAQ placeholders with real dates  Grin Shocked  Cool
jl777 (OP)
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January 06, 2017, 11:04:21 AM
 #3420


Team Komodo Ninja

provide you

abstract of FAQ
regarding Financial Facts of Komodo (KMD) and BitcoinDark (BTCD)!


Last Update: 06. January 2017








Please retweet/follow at


 


So why doesn't  the market pick up those BTCD at half price? I haven't got any liquidity left or else I would. Why does nobody else pick up the arbitrage?
Is it that the market does not trust this project after all? Is the market stupid?
over 50BTC was purchased at the firesale prices, so it does seem the market picked it up. Now it is relatively low volume left as 8 BTC pushes the price to 4500 sats and 60 BTC would push it to 5500 sats.

So it seems the large investors dont bother with small amounts, but wait for the large amounts.

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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