- How does KMD compare to for example ETH / NEO? At a first glance they are very similar concept wise, bar the decentralized aspect and the fact that you use atomic cross chain swaps? The fact that on the KMD platform issued coins are not linked to one specific chain like with KMD itself?
Our approach is totally different. Think generalized CPU vs custom create ASIC. It takes longer to make the latter, but once made the generalized approach just doesnt compare. Blockchain coding is difficult. This I think this is self-evident. Allowing non-coders to make blockchain code... Well, it is courageous.
I prefer the approach to make a finite set of things possible to do and then the users can choose to use those things. Even this simplified approach is a lot of work, but at least the coding is not needed to be done by end users.
- Where does KMD get it's value compared to ETH/NEO? With ETH the value comes specifically that if you want to enter an ICO, you need to use ETH to buy the tokens I guess? Will KMD have the same value proposition? The value of KMD doesn't only come from the 5% interest I assume?
Forcing people to pay inflated fees and boosting the current day value via artificial scarcity is not a sustainable value creation model. I do not believe in locking people in, this is after all open source. Any project that is charging unreasonable fees will force the creation of a fork that doesnt.
So why not avoid that entire situation and offer the best possible solution? By not locking people in, it will force KMD to be better.
Usage. Usage is the only thing that actually creates value. Bitcoin pays no interest, doesnt force anybody to conduct ICO in it, yet it seems to be doing fine. USD pays a bit of interest, but doesnt lock people in, but it has a lot of usage.
- It says on the website the Monaize ICO is restricted to residents of the USA and Singapore. I assume this is because of legal issues that they are obliged to mention this, but in reality you are perfectly able to anonymize the ICO transactions using JUMBLR I presume?
The real question is what is the domicile of the funds that has no history. Fresh new funds without any past transactions. That is what JUMBLR creates. I will let others answer the regulation question, if there is even any such answer. For example, if you are a trustee of an offshore corporation and a USA resident, are you prevented from voting approval for the corporation to participate in dICO? Does your USA residency contaminate the offshore corporation? I have no idea.
Time to perfect the process of the barterdex / ICO platform and get the Komodo train going!
Yes! We just got electrum performance to rival that of native coin daemons, which is a very good improvement
