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

[Johnny00]

Hi, I have some ICO KOMODO'S, Can I just send them from ICO site to bittrex?

Answer was given, but remember: If you have REVS in your account too (from BTCD swap), they'll most likely be lost forever.

What do you do with the REVS then? just hold them and collect the dividends. when are dividends paid?

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[PondSea]

When we can expect PAX? Also, I'd like to know can it be used as payment gateway for billing in fiat currencies? Would there be some kind of API for managing such transactions directly from centralized website? It would be awesome to have woocommerce plugin for such functionalities... I'm really excited about this... thanks

Pax is actually working. We have 32 fiat chains that are pegged to their respective fiat counterparts.

You would need to use komodod for now to access this functionality though.

In regards to API, im sure there would be but one of the devs may want to talk about that.

[PondSea]

Hi, I have some ICO KOMODO'S, Can I just send them from ICO site to bittrex?

Answer was given, but remember: If you have REVS in your account too (from BTCD swap), they'll most likely be lost forever.

What do you do with the REVS then? just hold them and collect the dividends. when are dividends paid?

REVS can be moved/traded as your like in hopefully the next GUI release.

Otherwise hold them and you will get some payments in the future, when there is funds being generated by Supernet tech.

[bezbezbez]

Guys, hello! what was KMD ICO price?

[jeewaka]

For 2 days straight with the latest iguana wallet, I am not able to send KMD to Bittrex using basilisk mode.
I even confirmed and still no go.
Can't get it to fully sync in Full Mode even after leaving it for 8 hours on a 50mb connection.

[vincetcm]

For 2 days straight with the latest iguana wallet, I am not able to send KMD to Bittrex using basilisk mode.
I even confirmed and still no go.
Can't get it to fully sync in Full Mode even after leaving it for 8 hours on a 50mb connection.

I have not had a problem since version 0.1.1.
If there is no network problem, it may be a problem in your installation.

[jeewaka]

For 2 days straight with the latest iguana wallet, I am not able to send KMD to Bittrex using basilisk mode.
I even confirmed and still no go.
Can't get it to fully sync in Full Mode even after leaving it for 8 hours on a 50mb connection.

I have not had a problem since version 0.1.1.
If there is no network problem, it may be a problem in your installation.

Well I can see everything working fine is basilisk mode, but the balance of KMD is the same. So sending KDM to exchange for some reason doesn't work for me.
I will wait for a working wallet.

[hansen.ng]

For 2 days straight with the latest iguana wallet, I am not able to send KMD to Bittrex using basilisk mode.
I even confirmed and still no go.
Can't get it to fully sync in Full Mode even after leaving it for 8 hours on a 50mb connection.

I have not had a problem since version 0.1.1.
If there is no network problem, it may be a problem in your installation.

Well I can see everything working fine is basilisk mode, but the balance of KMD is the same. So sending KDM to exchange for some reason doesn't work for me.
I will wait for a working wallet.

Have you tried leaving 10 kmd in your wallet?

[yassin54]

SuperNET Tuesday Update 14/02/2017

http://coremedia.info/blockchain-news/item/407-supernet-tuesday-update-14-02-2017

Twitter : https://twitter.com/coremedia_info/status/831614523035496450

Reddit : https://www.reddit.com/r/komodoplatform/comments/5u3e9k/supernet_tuesday_update_14022017/

Facebook : https://www.facebook.com/KomodoPlatform/posts/410017126011531

News SuperNET : http://news.supernet.org/posts/s8tJ4SpcsCmd6dcQA/supernet-tuesday-update-14-02-2017

[Madmats]

Noticed in Iguana wallet that it only shows 10 pages of last transactions, 100 total viewable, in case hasn't been covered
Thanks, Keep up the great work!!

[jeewaka]

For 2 days straight with the latest iguana wallet, I am not able to send KMD to Bittrex using basilisk mode.
I even confirmed and still no go.
Can't get it to fully sync in Full Mode even after leaving it for 8 hours on a 50mb connection.

I have not had a problem since version 0.1.1.
If there is no network problem, it may be a problem in your installation.

Well I can see everything working fine is basilisk mode, but the balance of KMD is the same. So sending KDM to exchange for some reason doesn't work for me.
I will wait for a working wallet.

Have you tried leaving 10 kmd in your wallet?

I have way more than that on the wallet from day one the wallet was released, I was trying to send like 15 kmd to the exchange to see what happenes, and nothing after a while, funny thing is I noticed I have 1 extra KMD over the original amount I had.

[polycryptoblog]

I have way more than that on the wallet from day one the wallet was released, I was trying to send like 15 kmd to the exchange to see what happenes, and nothing after a while, funny thing is I noticed I have 1 extra KMD over the original amount I had.

When you spend utxo   you collect interest,  that is where the new kmd came from

[Amalgamus]

On the 6th of February I had 31929,69 kmd in my wallet at the same time as today.
Today (after 9 days) I have 31951,79 kmd. This amounts to 2.8% interest.  Which doesn't seem close to the 5% we are suppose to get from holding the coins in our wallet.
In between I sent about 1/3 of my coins to an address on Bittrex and sent back the same amount to my wallet the following day and lost 10 komodo by doing these transactions.
Has anyone got some explanation about the discrepancies that I seem to find in my wallet?
Have you found out that you're really getting 5% from holding the coins?

[jl777]

On the 6th of February I had 31929,69 kmd in my wallet at the same time as today.
Today (after 9 days) I have 31951,79 kmd. This amounts to 2.8% interest.  Which doesn't seem close to the 5% we are suppose to get from holding the coins in our wallet.
In between I sent about 1/3 of my coins to an address on Bittrex and sent back the same amount to my wallet the following day and lost 10 komodo by doing these transactions.
Has anyone got some explanation about the discrepancies that I seem to find in my wallet?
Have you found out that you're really getting 5% from holding the coins?

how much accrued interest do you have?
at any given point in time you have the sum of utxo and sum of interests.
unless you spend every last utxo, you will likely have some interest that is accrued but wont show in the explorers

the iguana GUI does show interest.

I dont understand how you lost 10 KMD by doing some transactions, would need the txid to analyze

[jl777]

I have way more than that on the wallet from day one the wallet was released, I was trying to send like 15 kmd to the exchange to see what happenes, and nothing after a while, funny thing is I noticed I have 1 extra KMD over the original amount I had.

When you spend utxo   you collect interest,  that is where the new kmd came from

to clarify, the interest is accruing all the time. iguana GUI shows interests accrued.

if you look at the total before and after a transaction, you will see the amount of interest change, but the combined total of balance + interest will be the same (minus the tx amount)

Using a bank account analogy, you have a balance (sum of utxo) and you get paid interest (in KMD case that is every block). So there is a balance and and interests. When you make a payment, some amount of the interest is usually used and assuming you are getting change, your balance would go up by the accrued interest that was spent.

I guess it isnt so clear...

The logic is that each utxo accrues interest at 5% per year. When you spend a specific utxo, its accrued interest is added to the inputs, thereby allowing you to cash in the interest for that utxo

[jl777]

For 2 days straight with the latest iguana wallet, I am not able to send KMD to Bittrex using basilisk mode.
I even confirmed and still no go.
Can't get it to fully sync in Full Mode even after leaving it for 8 hours on a 50mb connection.

I have not had a problem since version 0.1.1.
If there is no network problem, it may be a problem in your installation.

Well I can see everything working fine is basilisk mode, but the balance of KMD is the same. So sending KDM to exchange for some reason doesn't work for me.
I will wait for a working wallet.

Have you tried leaving 10 kmd in your wallet?

I have way more than that on the wallet from day one the wallet was released, I was trying to send like 15 kmd to the exchange to see what happenes, and nothing after a while, funny thing is I noticed I have 1 extra KMD over the original amount I had.

The reason things work better when you dont totally empty a wallet is that the total amount the wallet will spend is the total of utxo, without the interest. So when you see a wallet total of X and spend all of it, then it will likely not work.

We probably need to display the two amounts clearly separately.

Even though you cant spend more than the total of utxo, after you spend most of it, you will get change for the accrued interest that wasnt spendable and for an hour there wont be any accrued interest. so making two payments will let you empty the account (minus txfee)

[Amalgamus]

May be there's something I didn't quite understand and interests adding up everyday where not added totally if there was no transaction!!??
Concerning the loss of komodo, that wasn't on the transaction itself, but on the total balance which indicated 31961 on the 13th before I sent 11961 kmd to Bittrex and the total balance became 31946 on the 14th when i sent back the 11961 back to my wallet the following day.

[jl777]

May be there's something I didn't quite understand and interests adding up everyday where not added totally if there was no transaction!!??
Concerning the lost of komodo, that wasn't on the transaction itself, but on the total balance which indicated 31961 on the 13th before I sent 11961 kmd to Bittrex and the total balance became 31946 on the 14th when i sent back the 11961 back to my wallet the following day.

by any chance are the balances you mention from the block explorers?
If so they dont reflect interests at all

the total value of an address is the sum of utxo and sum of accrued interest
with many utxo, it gets complicated and messy pretty fast

we will be updating the GUI to clarify this and also to prevent trying to spend more than the sum of all the utxo, which should reduce the "Cant create rawtx" errors a lot

I am pretty sure the "loss" you are seeing is just a display mismatch between what you had accrued vs simple utxo total. The code is pretty explicit in the 5% calculation. There might be a bug of course, but so far I have not seen any related to interests in the recent versions

if you can keep an eye on the total in the GUI and track it to confirm the 5% per day that would be great

[Amalgamus]

May be there's something I didn't quite understand and interests adding up everyday where not added totally if there was no transaction!!??
Concerning the lost of komodo, that wasn't on the transaction itself, but on the total balance which indicated 31961 on the 13th before I sent 11961 kmd to Bittrex and the total balance became 31946 on the 14th when i sent back the 11961 back to my wallet the following day.

by any chance are the balances you mention from the block explorers?
If so they dont reflect interests at all

the total value of an address is the sum of utxo and sum of accrued interest
with many utxo, it gets complicated and messy pretty fast

we will be updating the GUI to clarify this and also to prevent trying to spend more than the sum of all the utxo, which should reduce the "Cant create rawtx" errors a lot

I am pretty sure the "loss" you are seeing is just a display mismatch between what you had accrued vs simple utxo total. The code is pretty explicit in the 5% calculation. There might be a bug of course, but so far I have not seen any related to interests in the recent versions

if you can keep an eye on the total in the GUI and track it to confirm the 5% per day that would be great

Thanks for answering James. I have been taking a snapshot of my wallet almost everyday just to try to understand how interests were implemented when we would or not be doing transactions. I will see how it goes later on.
I am aware of the block explorer not adding up the interests so I only give the numbers from a wallet newly reloaded.

[CryptoNick]

18btc buy support only?

Everyone is busy buying instead of listing their buys and waiting for sellers. Look at the volume on Bittrex quite a few BitCoin moving in.