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Author Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B  (Read 1152028 times)
Tanglemymind
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January 08, 2017, 11:51:36 PM
 #3581


It is very obvious that project was create for btcd bagholdes, from the beginning it was known who is an Premium investor Wink
Those who invested through via BTC, is only a porter in pseudo exclusive hotel and carries the baggage of some homeless.

Reliable solution would be give for those dissatisfied BTC investors opportunity refund of their BTC and leave komodo project...


The trolls are out in force the last couple of days. I won't feed this one.  Time will tell what the truth is and Komodo has great promise.  We will see how the market values it very soon.  Anonymous coins are hot right now, and the ICO investors will likely do quite well.

I agree. ill stop back here next week. All this fud is a waste of my time.
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January 09, 2017, 12:27:16 AM
 #3582

Where can I read about REVS? I used search and if I got it right it's some kind of asset using its own side chain on top of Komodo. But who is developing it and for what purpose?

In the FAQ there's a section about the REVS: https://komodoplatform.com/faq/

Quote
What is the ‘revenue asset’?

For BitcoinDark a certain revenue share was promised from the various projects that compose the overall SuperNET ecosystem. Those revenue shares won’t migrate to Komodo. Instead, the BTCD holders will get an extra asset that will inherit those revenue streams.

The asset is entitled to these revenue streams:

5% of InstantDEX profits
5% of SuperNET profits
5% of crypto777 profits
After the ICO is over, a snapshot of the BTCD blockchain will be taken. With assetchains we have created a new asset called REVS. A BTCD private key will be required to prove that you had BTCD during the snapshot.
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January 09, 2017, 01:03:20 AM
 #3583

Hi

I am new at this tech and my english is not very good... sorry...
I am trying to LogIn in https://ico.komodoplatform.com/ but always receive a "Wrong 2FA Code" since today Jan 09th. I have logged in several times before today.
I have already re-synchronized my Google Authenticator, closed and re-opened the Ico home page, reboot my computer, shut down the electricity at home... and nothing happened...
Pls!!! Help!!!

Thanks in advance.

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January 09, 2017, 01:24:49 AM
 #3584

Hi

I am new at this tech and my english is not very good... sorry...
I am trying to LogIn in https://ico.komodoplatform.com/ but always receive a "Wrong 2FA Code" since today Jan 09th. I have logged in several times before today.
I have already re-synchronized my Google Authenticator, closed and re-opened the Ico home page, reboot my computer, shut down the electricity at home... and nothing happened...
Pls!!! Help!!!

Thanks in advance.



Check the time on your phone.  That has messed me up a few times when the time was not correct.

But I can login with 2FA, so it's working fine for me.
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January 09, 2017, 01:26:37 AM
 #3585

Where can I read about REVS? I used search and if I got it right it's some kind of asset using its own side chain on top of Komodo. But who is developing it and for what purpose?

In the FAQ there's a section about the REVS: https://komodoplatform.com/faq/

Quote
What is the ‘revenue asset’?

For BitcoinDark a certain revenue share was promised from the various projects that compose the overall SuperNET ecosystem. Those revenue shares won’t migrate to Komodo. Instead, the BTCD holders will get an extra asset that will inherit those revenue streams.

The asset is entitled to these revenue streams:

5% of InstantDEX profits
5% of SuperNET profits
5% of crypto777 profits
After the ICO is over, a snapshot of the BTCD blockchain will be taken. With assetchains we have created a new asset called REVS. A BTCD private key will be required to prove that you had BTCD during the snapshot.

Thanks!

One more question.

Total BTC Raised: 2639.03 - Total Market Cap: 12,900 BTC
How is that possible?

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January 09, 2017, 01:31:58 AM
 #3586

Quote
If you swap before the BTCD snapshot date, you will also receive REVS asset.

Very misleading phrase on swap page. Cry
It can be read so that if you do not swap before snapshot you will not get REVS Angry

Yea, that needs to be changed since you can either leave your BTCD in your wallet until the snapshot and receive REVS or send your BTCD  to the KMD ICO site there by swapping them for KMD and receive the REVES asset as long as you do it within one week (prior to snapshot).

Remember, getting REVS through the ICO site was a recent addition. Originally you had to have BTCD in your wallet and wait for the snapshot.

At least thats how I understand it, please correct me if I'm wrong or left something out.

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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January 09, 2017, 01:34:20 AM
 #3587

BTCD price is rising quickly now that the BTCD  KMD swap has officially begun.. 
 
Remember that .00651 is equivalent to the ICO price, so still plenty more room to run up before the swap and afterwards as well.

Current BTCD Price (Poloniex).00400 BTCD/BTC

Current BTC/BTCD rate:
250 : 1 (amount of BTCD that you get for 1 BTC)

KMD/BTCD swap rate
: 50.42041779: 1 (amount of KMD you will get for 1 BTCD that you swap on ICO site)

KMD/BTC current rate: 12605.104 (amount of KMD you get for 1 BTC worth of BTCD at current price on Poloniex)

KMD/BTC ICO rate: 7746.522 : 1 (amount of KMD you got for 1 BTC at the end of ICO with no bonus)

Current extra KMD via BTCD: +4858.582 KMD or +62.72% extra (relative to ICO KMD/BTC rate at the end of ICO with no bonus)

So at current prices, you get much more KMD that you would have gotten at the end of the ICO.

The price could rise sharply from here to .006512 BTCD/BTC and you would still get the same amount of KMD. per BTC spent, as during the final phase of the ICO.

The swap has begun for KMD, so once you buy the BTCD, move them to the Komodo IC:   https://ico.komodoplatform.com/ or keep them in your own personal wallet:  http://bitcoindark.com/

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January 09, 2017, 01:35:43 AM
 #3588

Quote
If you swap before the BTCD snapshot date, you will also receive REVS asset.

Very misleading phrase on swap page. Cry
It can be read so that if you do not swap before snapshot you will not get REVS Angry

Yea, that needs to be changed since you can either leave your BTCD in your wallet until the snapshot and receive REVS or send your BTCD  to the KMD ICO site there by swapping them for KMD and receive the REVES asset as long as you do it within one week (prior to snapshot).

Remember, getting REVS through the ICO site was a recent addition. Originally you had to have BTCD in your wallet and wait for the snapshot.

At least thats how I understand it, please correct me if I'm wrong or left something out.

Yes I was confused and I knew I wasn't the only one.  It is not phrased very well.  I don't know if that is intentional or accidental, but is creating unnecessary confusion.
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January 09, 2017, 01:38:38 AM
 #3589

I just finished swapping my btcd. Its a better way to start as I await for three more weeks before KMD starts being distributed.
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January 09, 2017, 02:03:03 AM
 #3590

At what point should we request that KMD be added to Poloniex?   Should we wait until it is distributed or go ahead and do it now:

https://poloniex.com/coinRequest

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January 09, 2017, 02:15:56 AM
 #3591

At what point should we request that KMD be added to Poloniex?   Should we wait until it is distributed or go ahead and do it now:

https://poloniex.com/coinRequest

I think the earlier the better. It'll show that everyone is waiting for its launch. Anyway I've just submitted a request.

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January 09, 2017, 02:17:32 AM
 #3592

 I've just submitted a request too
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January 09, 2017, 03:20:59 AM
 #3593

Can we make multiple deposits to the same address?

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Papski
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January 09, 2017, 03:24:33 AM
 #3594

Can we make multiple deposits to the same address?

Yes, I think.
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January 09, 2017, 04:24:14 AM
 #3595

Can we make multiple deposits to the same address?

I did.  Worked fine.  It is essentially a wallet,  you can see the transactions with the explorer.

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January 09, 2017, 04:27:46 AM
 #3596

Where can I read about REVS? I used search and if I got it right it's some kind of asset using its own side chain on top of Komodo. But who is developing it and for what purpose?

In the FAQ there's a section about the REVS: https://komodoplatform.com/faq/

Quote
What is the ‘revenue asset’?

For BitcoinDark a certain revenue share was promised from the various projects that compose the overall SuperNET ecosystem. Those revenue shares won’t migrate to Komodo. Instead, the BTCD holders will get an extra asset that will inherit those revenue streams.

The asset is entitled to these revenue streams:

5% of InstantDEX profits
5% of SuperNET profits
5% of crypto777 profits
After the ICO is over, a snapshot of the BTCD blockchain will be taken. With assetchains we have created a new asset called REVS. A BTCD private key will be required to prove that you had BTCD during the snapshot.

Thanks!

One more question.

Total BTC Raised: 2639.03 - Total Market Cap: 12,900 BTC
How is that possible?

You have to add up the market cap of BTCD as valued at the end of the ICO:   

Total BTC raised: 2634.04 BTC
Total BTCD swap: 8392.727 BTC

Total Market Cap: 12,900 BTC

--> KMD exchange rate = 0.000129 BTC/KMD = 7747.9 KMD/BTC
--> BTCD exchange rate = 0.006511 BTC/BTCD = 153.59 BTCD/BTC

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January 09, 2017, 06:32:01 AM
 #3597

Finally we can swap our btcd.

It seems to be common for crypto projects to be delayed substantially past their estimated release date.

Bitrated user: vanlovely.
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January 09, 2017, 07:14:31 AM
 #3598

Finally we can swap our btcd.

It seems to be common for crypto projects to be delayed substantially past their estimated release date.

This is mostly because these projects are on undiscovered terrain and unique. It isn't a project with a DIY on Youtube. Building these things take time and encouter a lot of problems that needs to be solved. But I am glad too things are moving forward. I have been testing and running notary nodes for months now and love to see them in action on mainnet (if people vote for me).  Grin

Follow the latest blockchain news: https://twitter.com/blockchainguide
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January 09, 2017, 07:26:43 AM
 #3599

Exactly, I agree. In fact, Komodo is probably one of the most unique platforms currently being tested. The SuperNET and its Komodo Platform will become a new standard for altcoins.

KMD doesn't compete against its fellow altcoins, instead the platform competes against fiat currencies. I think that we have been bombarded with so many ICOs and other "miracle" altcoins in the past 3 years that we have become accustomed to bitcoin-clones. I think that when we see what this platform can do, we will all be awed. That makes me feel very proud to be part of testing and having an important role in running a testnet notary node.

I am a candidate for the upcoming election. I do hope you take me into consideration. If can spare 2 minutes, my profile link is below. You will be able to read the proposal for my regions.

Cheers,

PTYTRADER
Komodo Notary Node Candidate (Active on Testnet)
Profile: https://www.komodoelection.com/candidates/ptytrader

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January 09, 2017, 08:23:45 AM
 #3600

so will BTCD  stop producing new block on the 15th?

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