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

[grewalsatinder]

Please vote for team Meshbits
You can read our proposal here: https://github.com/Meshbits/vote2018/blob/master/proposals/meshbits/README.md

Election Details

Regions:

NA Vote address: RH1vUjh6JBX7dpPR3C89U8hzErp1uoa2by

AR Vote address: RV8Khq8SbYQALx9eMQ8meseWpFiZS8seL1

EU Vote address: RTF4GvjePY4YUy3M8iwkGZfEor2p5zFkbo

ANONYMOUS Vote address:
zcdYdDGRuR6VhVEFXoVoKUidKgsmyxiq3s5yEbM4p7cktbfqinYpH18pAhSogTXEBDUyRP5MLhBnCHj kckxxvSvVvHgXCTi



Who we are
Satinder Grewal
Seasoned veteran in Technology and BlockChain space capable of wearing multiple hats simultaneously who has been a Linux Administrator, Software Developer, Penetration Tester, Business Analyst in previous roles. Satinder has been involved with the Komodo-Platform since the Supernet days and has now influenced Nitin in teaming up. Based in New Zealand.

Nitin Sharma
Seasoned Solutions Architect/DevOps Engineer working in a PCI, ISM (Information Security Manual produced by Australian Signals Directorate) environment who in day-to-day work wears the hat of an Iteration Manager, AWS Architect, DevOps Lead, the-guy-who-simplifies-tech-jargon-for-business-people. Nitin is relatively a newcomer in the Komodo Platform space but is catching up fast. Based in Australia.

Commitment
Satinder Grewal has a proven record of going for his passion even if it means jeopardising means of survival; watch this video.

Satinder has spent countless hours sacrificing sleep and social life while working full time to ramp up his knowledge on blockchain technology. During this time, he has been quite active in public channels and asked necessary questions while trying his best to help others out.

Nitin Sharma has a more risk-averse approach to following his passion but capable of seeing opportunities. Nitin has previously donated his time for a non-profit organisation which helps educate children who reside in the slums in India.

Notary Nodes

• Our focus is on creating a scalable, stable platform so we are using a combination of Cloud and Datacenter based Servers
• Two proficient die-hard automation fans looking after the servers means better stable service.

What Meshbits Offer
At Meshbits, we mainly think from a developer's point of view and understand where Komodo Platform has room for improvement. Having the capability to do development and create tools and applications to improve the Komodo Platform allows Meshbits team to use it's skillset and funds in the most efficient way possible.

Meshbits will use all the earnings made from Komodo Platform Notary Nodes mining for the following:

• Scripts and toolset for Developers which will help creating independent projects from scratch using Komodo Platform technologies.
• Creating Decentralised Applications based on Komodo Platform technologies.
• Contributing to improve Komodo Platform Infrastructure experience wherever possible. The recent example is the addition of SPV servers which are being voluntarily provided to the Komodo community.
• Creating & maintenance of Developer oriented documentation for Komodo Platform technologies.
• Instead of offering percentage of our Notary Nodes to our voters, we use these funds to increase the value of Komodo tokens by dedicating our skillset to improve Komodo Platform. That itself increases the underlying value of all KMD cryptocurrency.

It's the developer made applications and services which put a cryptocurrency in demand, due to their use cases. And Meshbits team has the capability to deliver what we promise.

We hope the Komodo Platform users will chose Meshbits and give us the opportunity to not just give the value to our voters only but to the entire Komodo community.

For more details on what Meshbits is doing and plans to improve on Komodo Platform, please read this blog post from Satinder Grewal:

Blog Post: Satinder Grewal: Improving Komodo Platform

Twitter: https://twitter.com/satindergrewal/status/975692529319387136

Reddit: https://www.reddit.com/r/komodoplatform/comments/85inis/satinder_grewal_please_vote_for_team_meshbits

Posting here again. Please don't forget to vote for me as well. This year I stand as Team Meshbits .

Thank you  

[yassin54]

...... or everyone is waiting to the end

héhé 

[yassin54]

Hello, i have an question here.

I have kmd on trex at this moment, i want to move kmd to my wallet for staking.
At this moment i have the IGUANA wallet installed on my pc. Is this the right wallet for staking or do i need to install something else for staking.

You need Agama

https://artifacts.supernet.org/latest/

https://komodoplatform.com/komodo-wallets/

[penoze]

i installed the agema wallet, if i want to stake do i need to open the wallet like other pos systems or does this work different to stake.

[Acura3600]

i installed the agema wallet, if i want to stake do i need to open the wallet like other pos systems or does this work different to stake.

Agama must not be open for staking

[Digital Galaxy]

Komodo are my top picks for long term hodl. Decentralized exchanges and other platforms are buzz words of the near future. That is really an innovation.  

[yassin54]

i installed the agema wallet, if i want to stake do i need to open the wallet like other pos systems or does this work different to stake.

it is not POS, you dont need run agama for get interest!!

Ps: i advise you use mode SPV!!

[kaicrypzen]

...

Now, regardless of how it is done, the idea is to determine if a fork is worthy of being able to call itself a KMD fork. It must be a complete fork of KMD if it is advertising itself as that. And if it saying it has made improvements to KMD, then that also must be demonstrated. So we will post a report card on the status as we find out about these forks. It might not be updated in a realtime fashion as you have said we have more important things to do, and the burden is on the fork to prove themselves.

From what I have seen the changes made to fix the hashrate issues will be ineffective and does not address the real security issues that they have already been notified about. I guess it is more important to prevent any notary mined coins from being used than to actually fix the coin. Until SAFE is an actual KMD fork and safe from the known attack vectors, we reserve the right to field test the new versions against the claimed fixes. It just isnt responsible to release known vulnerable code. However any coins gained from such activities will be set aside for the future development of that fork and it wont be sold off on the open market.

...

If a coin wants to call themselves a KMD fork, it doesn't necessarily make it a full-fledged fork. I haven't followed this story, it seems you have done more than enough to assess the vulnerabilities of the forked chain, and not spending the coins gained from exploiting such vulnerabilities for your own profit seems to be the right thing to do imo. Also I think there should be no worry about the lack of security in the forked chain negatively impacting the perception of the security of the KMD chain.

[penoze]

i installed the agema wallet, if i want to stake do i need to open the wallet like other pos systems or does this work different to stake.

it is not POS, you dont need run agama for get interest!!

Ps: i advise you use mode SPV!!

Okay i am running SPV, atleast i think  .
So if i understand well i can park my coins in the wallet and close everything and even then i receive some interest.
Thanks for the help btw.

[yassin54]

i installed the agema wallet, if i want to stake do i need to open the wallet like other pos systems or does this work different to stake.

it is not POS, you dont need run agama for get interest!!

Ps: i advise you use mode SPV!!

Okay i am running SPV, atleast i think  .
So if i understand well i can park my coins in the wallet and close everything and even then i receive some interest.
Thanks for the help btw.

Yw!!

[jl777B]

...

Now, regardless of how it is done, the idea is to determine if a fork is worthy of being able to call itself a KMD fork. It must be a complete fork of KMD if it is advertising itself as that. And if it saying it has made improvements to KMD, then that also must be demonstrated. So we will post a report card on the status as we find out about these forks. It might not be updated in a realtime fashion as you have said we have more important things to do, and the burden is on the fork to prove themselves.

From what I have seen the changes made to fix the hashrate issues will be ineffective and does not address the real security issues that they have already been notified about. I guess it is more important to prevent any notary mined coins from being used than to actually fix the coin. Until SAFE is an actual KMD fork and safe from the known attack vectors, we reserve the right to field test the new versions against the claimed fixes. It just isnt responsible to release known vulnerable code. However any coins gained from such activities will be set aside for the future development of that fork and it wont be sold off on the open market.

...

If a coin wants to call themselves a KMD fork, it doesn't necessarily make it a full-fledged fork. I haven't followed this story, it seems you have done more than enough to assess the vulnerabilities of the forked chain, and not spending the coins gained from exploiting such vulnerabilities for your own profit seems to be the right thing to do imo. Also I think there should be no worry about the lack of security in the forked chain negatively impacting the perception of the security of the KMD chain.

fair enough, but in this case they were claiming to have made improvements on the KMD dPoW and in general misrepresenting that they are enhancing KMD and even working hard writing a DEX.

Maybe I am a bit old-fashioned, but I just dont like out and out lies that come at the cost of my work and/or reputation. If people were to believe that nonsense, then when their chain is killed, they would (incorrectly) conclude that KMD is not secure.

Now that is clear that their claims are totally bogus in the extreme, I feel no more need to spend time on it. Of course, if SAFE community members keep attacking me, it will remind me that this exists and if it isnt already clear by now, it isnt a good idea to make me angry.

Attacking me personally does make me angry. Stealing credit for my work does make me angry.

Most people are usually not so silly to do these things, so I am usually not angry.

It is open source, just provide the credit where credit is due and dont make false claims. This is not so hard to do, unless you are trying to cash in on value that KMD is created.

[kaicrypzen]

Okay i am running SPV, atleast i think  .

If you chose SPV (over Native) then you are running SPV .

So if i understand well i can park my coins in the wallet and close everything and even then i receive some interest.

Yes you can close the wallet. Your address will accrue interest, but you have to claim it manually (you have a button for that) so that it's added to the balance of your address. If you want more interest, you should claim frequently.

[penoze]

Okay i am running SPV, atleast i think  .

If you chose SPV (over Native) then you are running SPV .

So if i understand well i can park my coins in the wallet and close everything and even then i receive some interest.

Yes you can close the wallet. Your address will accrue interest, but you have to claim it manually (you have a button for that) so that it's added to the balance of your address. If you want more interest, you should claim frequently.

Okay cool, by claiming frequently it's possible to compounding the coins which is cool of course.
Thanks for the help again 😁

[taggartd]

I'd like to vote but in agama i have not my vote2018... It's a strange thing because i don't see vote2018 if i enter with my passphrase neither if i put the wif private key.

In the agama wallet of course i had kmd during the snapshot.

Any suggestion?

[kaicrypzen]

I'd like to vote but in agama i have not my vote2018... It's a strange thing because i don't see vote2018 if i enter with my passphrase neither if i put the wif private key.

In the agama wallet of course i had kmd during the snapshot.

Any suggestion?

It seems you need to activate VOTE2018, either before entering your passpharse by using the "Activate Coin" button, or form within the wallet once you are signed in (the "ACTIVATE COIN" button is at the top-right corner of the app).

[kaicrypzen]

...

Now, regardless of how it is done, the idea is to determine if a fork is worthy of being able to call itself a KMD fork. It must be a complete fork of KMD if it is advertising itself as that. And if it saying it has made improvements to KMD, then that also must be demonstrated. So we will post a report card on the status as we find out about these forks. It might not be updated in a realtime fashion as you have said we have more important things to do, and the burden is on the fork to prove themselves.

From what I have seen the changes made to fix the hashrate issues will be ineffective and does not address the real security issues that they have already been notified about. I guess it is more important to prevent any notary mined coins from being used than to actually fix the coin. Until SAFE is an actual KMD fork and safe from the known attack vectors, we reserve the right to field test the new versions against the claimed fixes. It just isnt responsible to release known vulnerable code. However any coins gained from such activities will be set aside for the future development of that fork and it wont be sold off on the open market.

...

If a coin wants to call themselves a KMD fork, it doesn't necessarily make it a full-fledged fork. I haven't followed this story, it seems you have done more than enough to assess the vulnerabilities of the forked chain, and not spending the coins gained from exploiting such vulnerabilities for your own profit seems to be the right thing to do imo. Also I think there should be no worry about the lack of security in the forked chain negatively impacting the perception of the security of the KMD chain.

fair enough, but in this case they were claiming to have made improvements on the KMD dPoW and in general misrepresenting that they are enhancing KMD and even working hard writing a DEX.

Maybe I am a bit old-fashioned, but I just dont like out and out lies that come at the cost of my work and/or reputation. If people were to believe that nonsense, then when their chain is killed, they would (incorrectly) conclude that KMD is not secure.

I agree on that, I just don't know if the proportion of those mislead people would be that significant.

Now that is clear that their claims are totally bogus in the extreme, I feel no more need to spend time on it. Of course, if SAFE community members keep attacking me, it will remind me that this exists and if it isnt already clear by now, it isnt a good idea to make me angry.

Attacking me personally does make me angry. Stealing credit for my work does make me angry.

Most people are usually not so silly to do these things, so I am usually not angry.

It is open source, just provide the credit where credit is due and dont make false claims. This is not so hard to do, unless you are trying to cash in on value that KMD is created.

I understand that could be a factor of anger, don't tell them that though, you are giving them a way to push your buttons .

[jl777B]

...

Now, regardless of how it is done, the idea is to determine if a fork is worthy of being able to call itself a KMD fork. It must be a complete fork of KMD if it is advertising itself as that. And if it saying it has made improvements to KMD, then that also must be demonstrated. So we will post a report card on the status as we find out about these forks. It might not be updated in a realtime fashion as you have said we have more important things to do, and the burden is on the fork to prove themselves.

From what I have seen the changes made to fix the hashrate issues will be ineffective and does not address the real security issues that they have already been notified about. I guess it is more important to prevent any notary mined coins from being used than to actually fix the coin. Until SAFE is an actual KMD fork and safe from the known attack vectors, we reserve the right to field test the new versions against the claimed fixes. It just isnt responsible to release known vulnerable code. However any coins gained from such activities will be set aside for the future development of that fork and it wont be sold off on the open market.

...

If a coin wants to call themselves a KMD fork, it doesn't necessarily make it a full-fledged fork. I haven't followed this story, it seems you have done more than enough to assess the vulnerabilities of the forked chain, and not spending the coins gained from exploiting such vulnerabilities for your own profit seems to be the right thing to do imo. Also I think there should be no worry about the lack of security in the forked chain negatively impacting the perception of the security of the KMD chain.

fair enough, but in this case they were claiming to have made improvements on the KMD dPoW and in general misrepresenting that they are enhancing KMD and even working hard writing a DEX.

Maybe I am a bit old-fashioned, but I just dont like out and out lies that come at the cost of my work and/or reputation. If people were to believe that nonsense, then when their chain is killed, they would (incorrectly) conclude that KMD is not secure.

I agree on that, I just don't know if the proportion of those mislead people would be that significant.

Now that is clear that their claims are totally bogus in the extreme, I feel no more need to spend time on it. Of course, if SAFE community members keep attacking me, it will remind me that this exists and if it isnt already clear by now, it isnt a good idea to make me angry.

Attacking me personally does make me angry. Stealing credit for my work does make me angry.

Most people are usually not so silly to do these things, so I am usually not angry.

It is open source, just provide the credit where credit is due and dont make false claims. This is not so hard to do, unless you are trying to cash in on value that KMD is created.

I understand that could be a factor of anger, don't tell them that though, you are giving them a way to push your buttons .

you are correct, but that is why I react so harsh.

you can try to annoy me by pushing my buttons, but you would need to live with the consequences, which might not be so fun.

maybe I am bad for doing this, but I just feel very overprotective over KMD

[gfigg42]

I'm not trolling. I'm giving you a chance to come clean for your orchestrated attack on our network encouraged and directed by jl777. It's up to you if you want to continue the charade.

We have an active lead dev and community that has been working non-stop the last 2 days trying to fix this mess you created all in an attempt to fill your pockets with safecoin.

1. Releasing the sources of (un)SAFE coin with public keys of Komodo's notaries in sources was a big mistake from a beginning and complete misunderstanding of sources.
2. Active lead dev who two days in a row tried to understand what is Notary Node and comment pubkeys in copy&pasted sources?
3. "Safecoin - zCash Privacy Secured by Bitcoin" - really? Without notaries and dPOW?

So if the bank leaves the vault open it's ok to go in and take what you want? Got it.

This is crypto, so yes if you are posting your privkey publicly and you have funds in it, guaranteed it will be taken.

This is a case that is of similar nature, but maybe it was meant as a way to reward the original notaries. All we can go by is what is in the code. I guess now you make it clear you feel the KMD notaries are somehow at fault for your dev copy and pasting their pubkeys.

If the crypto isnt secure, then what is the point for it? If you cant make a secure crypto, dont go crying that it isnt secure. And considering the hostility your community exhibits towards all this, it is not any wonder that the KMD notaries dont feel much need to be compassionate for your $50 dollars of lost mining revenues.

You're a thief. Plain and simple. Did pondsea ever get those 35 VM's running he was going to use to notary mine with? Your plan was to steal coins for as long as possible without being caught. You fucked up your little plan due to your own incompetence and got caught. Now you're blaming us just to cover your own ass. You've even got the nerve to act like you did use a favor. Just wait until everyone sees the glee in which you and your cohorts hatched your plot to steal safecoins. Our bad for think KMD devs actually had any ethics. Pathetic.

[jl777B]

I'm not trolling. I'm giving you a chance to come clean for your orchestrated attack on our network encouraged and directed by jl777. It's up to you if you want to continue the charade.

We have an active lead dev and community that has been working non-stop the last 2 days trying to fix this mess you created all in an attempt to fill your pockets with safecoin.

1. Releasing the sources of (un)SAFE coin with public keys of Komodo's notaries in sources was a big mistake from a beginning and complete misunderstanding of sources.
2. Active lead dev who two days in a row tried to understand what is Notary Node and comment pubkeys in copy&pasted sources?
3. "Safecoin - zCash Privacy Secured by Bitcoin" - really? Without notaries and dPOW?

So if the bank leaves the vault open it's ok to go in and take what you want? Got it.

This is crypto, so yes if you are posting your privkey publicly and you have funds in it, guaranteed it will be taken.

This is a case that is of similar nature, but maybe it was meant as a way to reward the original notaries. All we can go by is what is in the code. I guess now you make it clear you feel the KMD notaries are somehow at fault for your dev copy and pasting their pubkeys.

If the crypto isnt secure, then what is the point for it? If you cant make a secure crypto, dont go crying that it isnt secure. And considering the hostility your community exhibits towards all this, it is not any wonder that the KMD notaries dont feel much need to be compassionate for your $50 dollars of lost mining revenues.

You're a thief. Plain and simple. Did pondsea ever get those 35 VM's running he was going to use to notary mine with? Your plan was to steal coins for as long as possible without being caught. You fucked up your little plan due to your own incompetence and got caught. Now you're blaming us just to cover your own ass. You've even got the nerve to act like you did use a favor. Just wait until everyone sees the glee in which you and your cohorts hatched your plot to steal safecoins. Our bad for think KMD devs actually had any ethics. Pathetic.

The fact that it was possible to run 35 VMs and notary mine by anybody should show you how insecure SAFE is. That would have been possible, but what actually happened was 60,000 SAFE was notary mined and then stopped.

this is 1.5% of the 4 million SAFE premine, it is such a big deal? We can donate these coins back if you value them so much. We dont care about your unSAFE coins, it has no value as it is. But since your dev will be rolling back the chain to protect your miner's losses (about $1000?) it seems there is no lost coins at all.

If you want I could fastmine to block 82000 and then have millions of SAFE to donate. Of course the diff would be in the billions or trillions. You just have no comprehension of the restraint that has been exercised so far.

Oh, I already fixed the high diff rate situation and the GPU mining was getting basically all the blocks for a while. That wasnt your dev, it was me fixing things for you guys. The fixes I have seen so far will all create forks and make the situation into a much more serious issue than temporary higher diff

[gfigg42]

I'm not trolling. I'm giving you a chance to come clean for your orchestrated attack on our network encouraged and directed by jl777. It's up to you if you want to continue the charade.

We have an active lead dev and community that has been working non-stop the last 2 days trying to fix this mess you created all in an attempt to fill your pockets with safecoin.

1. Releasing the sources of (un)SAFE coin with public keys of Komodo's notaries in sources was a big mistake from a beginning and complete misunderstanding of sources.
2. Active lead dev who two days in a row tried to understand what is Notary Node and comment pubkeys in copy&pasted sources?
3. "Safecoin - zCash Privacy Secured by Bitcoin" - really? Without notaries and dPOW?

So if the bank leaves the vault open it's ok to go in and take what you want? Got it.

This is crypto, so yes if you are posting your privkey publicly and you have funds in it, guaranteed it will be taken.

This is a case that is of similar nature, but maybe it was meant as a way to reward the original notaries. All we can go by is what is in the code. I guess now you make it clear you feel the KMD notaries are somehow at fault for your dev copy and pasting their pubkeys.

If the crypto isnt secure, then what is the point for it? If you cant make a secure crypto, dont go crying that it isnt secure. And considering the hostility your community exhibits towards all this, it is not any wonder that the KMD notaries dont feel much need to be compassionate for your $50 dollars of lost mining revenues.

You're a thief. Plain and simple. Did pondsea ever get those 35 VM's running he was going to use to notary mine with? Your plan was to steal coins for as long as possible without being caught. You fucked up your little plan due to your own incompetence and got caught. Now you're blaming us just to cover your own ass. You've even got the nerve to act like you did use a favor. Just wait until everyone sees the glee in which you and your cohorts hatched your plot to steal safecoins. Our bad for think KMD devs actually had any ethics. Pathetic.

The fact that it was possible to run 35 VMs and notary mine by anybody should show you how insecure SAFE is. That would have been possible, but what actually happened was 60,000 SAFE was notary mined and then stopped.

this is 1.5% of the 4 million SAFE premine, it is such a big deal? We can donate these coins back if you value them so much. We dont care about your unSAFE coins, it has no value as it is. But since your dev will be rolling back the chain to protect your miner's losses (about $1000?) it seems there is no lost coins at all.

If you want I could fastmine to block 82000 and then have millions of SAFE to donate. Of course the diff would be in the billions or trillions. You just have no comprehension of the restraint that has been exercised so far.

A thank you for restraining your thievery and malicious attacks must be in order!

You don't get it. I've got screen shots from what you thought was a private slack channel showing your motives. It was nothing good. Soon everyone will see what you are, if they haven't figured it out already. Not one of you is man enough to admit it. But please, keep digging. This look familiar?

"jl777 10:53am the more forks a coin has, the stronger that coin becomes:

https://bitcointalk.org/index.php?topic=2838370.msg32889035#msg32889035

i don't have anything against an honest fork and in fact encourage it maybe they will make some useful gizmo someday. maybe it just gets the word about komodo out, after all if it was worth forking, there must be a lot of value originally

the first fork tends to get about 1% the value of the original, so that could mean a few million marketcap for SAFE. Unfortunately it is only a source code fork and the infrastructure is not in place, so I would say the actual value should be sub-million dollars. then again BTCD is more than $100 mil marketcap so who knows. SAFE might end up being worth more than KMD. I know I will mine it just cuz I can at easy diff"

How about this:

"jl777 9:59 am https://github.com/Fair-Exchange/safecoin this is the first komodo fork and the original 35 notaries appear to have easy mining for a while until the block 180000 when the elected notaries will kick in. of course they might change this and we might end up on a fork, but if a few notaries get the 128 coin blocks, it should not create a fork. or maybe we get a safecoin classic"

Maybe this rings a bell:

"jl777 10:30am their chain is running in pre-180000 block mode, so we need to get the ratification tx in their chain"

So please call us scammers some more. I have better things to do now like clean up the mess your greed left us in. Enjoy your safecoin classic.