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

[markj113]

Devs should show their identities, if you want to see  KMD on polo.

Why does their identity matter?

Surely KMD should be judged by the innovation, software, routemap and existing market cap.

The guys behind this project have been around a long time now.

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[david1365]

Devs should show their identities, if you want to see  KMD on polo.

No worry. SuperNET is in Polo with the same development team and without showing identity.

[Kryptowerk]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

[markj113]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

Interest = 5% APR

Info:
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest

[BTC-BTC-BTC]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

Interest = 5% APR

Info:
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest

I am still on the original KMD address. According the article I need to move to another address before I start getting the 5% APR? Also, needs to move it once a year?

Thanks,

[KomodoPlatform]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

Interest = 5% APR

Info:
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest

I am still on the original KMD address. According the article I need to move to another address before I start getting the 5% APR? Also, needs to move it once a year?

Thanks,

There's actually one mistake in the article: you don't need to move them to get interest - you get interest all the time.

They must be only moved once a year, as the interest will stop accumulating after 12 months.

[franc0]

...

what does it mean $ stable? I don't want KMD to be stable lol, i want volatility to the upside.

It means you can transfer KMD into USD automatically & instantly. The decentralized price feed is maintained by the notary node network, raw prices come from European Central Bank & Bitcoin exchange APIs. A new raw price point is being recorded to Komodo blockchain by the notary node that finds the new block.

White paper incoming, currently final editing is being done.

I've been in the exodus.io slack channel, they are doing a good job, but if there's something that I learn there is that you can't add a ton of cryptos to a multicurrency wallet without expecting to have tons of problems and bugs. You have to take the slow but steady approach, first add the most used coins and expand from there. If not, ask the jaxx.io guys why they ended up taking out monero because of the problems that users were experiencing. You can't just open to the public a multicurrency wallet with lots of cryptos that are buggy, what kind of approach you guys will take? Slow but steady? or all currencies the first release of the wallet and lots of work for problems solving..?

Dev, any thoughts on this? Thanks.

[BTC-BTC-BTC]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

Interest = 5% APR

Info:
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest

I am still on the original KMD address. According the article I need to move to another address before I start getting the 5% APR? Also, needs to move it once a year?

Thanks,

There's actually one mistake in the article: you don't need to move them to get interest - you get interest all the time.

They must be only moved once a year, as the interest will stop accumulating after 12 months.

One more question on move once a year. Does it needs send to a new address or can it be the same address?

Thanks for your time.

[Cristosi]

What about the price? it's too cheap I do not understand why it is under ICO price?
I have known that this is a new technology and it's better than the other altcoins and it has got a strong and technical team but it's very disappointing.
I feel sorry for this KMD.

No , just only bitcoin increasing so almost altcoins are being down but I still buy cheap KMD when it's down and that is long term investment .
Time will prove what I said here.

[KomodoPlatform]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

Interest = 5% APR

Info:
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest

I am still on the original KMD address. According the article I need to move to another address before I start getting the 5% APR? Also, needs to move it once a year?

Thanks,

There's actually one mistake in the article: you don't need to move them to get interest - you get interest all the time.

They must be only moved once a year, as the interest will stop accumulating after 12 months.

One more question on move once a year. Does it needs send to a new address or can it be the same address?

Thanks for your time.

You can just send it to the same address.

[franc0]

...

what does it mean $ stable? I don't want KMD to be stable lol, i want volatility to the upside.

It means you can transfer KMD into USD automatically & instantly. The decentralized price feed is maintained by the notary node network, raw prices come from European Central Bank & Bitcoin exchange APIs. A new raw price point is being recorded to Komodo blockchain by the notary node that finds the new block.

White paper incoming, currently final editing is being done.

I've been in the exodus.io slack channel, they are doing a good job, but if there's something that I learn there is that you can't add a ton of cryptos to a multicurrency wallet without expecting to have tons of problems and bugs. You have to take the slow but steady approach, first add the most used coins and expand from there. If not, ask the jaxx.io guys why they ended up taking out monero because of the problems that users were experiencing. You can't just open to the public a multicurrency wallet with lots of cryptos that are buggy, what kind of approach you guys will take? Slow but steady? or all currencies the first release of the wallet and lots of work for problems solving..?

Dev, any thoughts on this? Thanks.

I invested in KMD, i hope my investment is still viable dev. But as you are evading my questions... i can only hope.

[Kryptowerk]

I am new to Komodo, can anyone give me an explanation how the interest model in Komodo works and how interest can be claimed? Thanks!

Interest = 5% APR

Info:
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest

Thanks. I am using the Iguana wallet, and honestly I don't like it too much. I have to use my passphrase every time to log in. Can you recommend a better light wallet?
But anyway, I just made a transaction to myself to see if the receive interest works. I'm not sure. Send 100 KMD to my address with a 0.005 fee. Strangely enough my account was only charged 0.001 fee. Also when funds arrived back I did not receive any interest- Should be 5%/year = 0.013%/day.
I am very confused and also hope anyone can recommend a nicer wallet than Iguana.

[jl777]

14th batch payment sent.

1af39a74be410324d8b4577309f5b505e78ff1eafa190e70e701731652727028
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latest wallet will need to be used to access funds in basilisk mode

[mig5000]

For some reasons I am getting this error when I try to send the remaining balance wallet :

error   couldnt create rawtx


Any idea what's causing this ?

[cryptkeeper1979]

Odd...I've never had 1 issue with Iguana and the wallet, it's a wonderful wallet with the potential for lots of different coins. Komodo is awesome, personally I think it's worth the hold for a bit, and once the DEX goes live it will bring a lot more people to Komodo and Iguana. Keep it up devs!

[ribaudequin]

Hello 
Can someone explain how the komodo Interest works.

Becouse i had 5314.06 kmd on Balance 19.47 kmd on Interest Earned and 5333.54 kmd in Total Balance on my address.

And i  made a transfer of 2600 kmd to another address of mine and returned the same amount to the original address.

So now i have 5314.06 on Balance 0.70 kmd on Interest Earned and 5314.77 kmd in Total Balance,

Can some explaine  were the interest go ? shouldn't have received about 19 kmd of Interest on my 1st address?

[Jiddu]

For some reasons I am getting this error when I try to send the remaining balance wallet :

error   couldnt create rawtx

Any idea what's causing this ?

You could try to leave some KMD in the wallet.
Or increase the fee.

But better wait for next Iguana release.

[userpike]

What happens to my BTCD after the year has passed I had to swap it for KMD?

[PondSea]

What happens to my BTCD after the year has passed I had to swap it for KMD?

You will still have BTCD but no one will know what it would be worth as just a bitcoin fork. All the technical advancements would be in Komodo.

[cyrixcer]

What happens to my BTCD after the year has passed I had to swap it for KMD?

You will still have BTCD but no one will know what it would be worth as just a bitcoin fork. All the technical advancements would be in Komodo.

Does the team dump BTCD for bitcoin fund for further development? Since IMO KMD is new BTCD, BTCD is not necessary any more after 1 year swap.