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

[Xj385]

The ability to protect a PoW operated crypto currency via notarization by Komodo has blown me away. Gamecredit took the bold step to incorporate Komodo's notarization to protect its network from double spend attacks that is rampant on PoW .

Understand I this is a historical moment one chain helping secure another chain. What is in it for Komodo? How much does it make off of notary as a service? This is a revenue generator for Komodo?

Notarization fees goto CRYPTO asset holders.  Which gets paid out in KMD.  Each chain that wants to use it needs 100ish KMD a year.  Notaries do not make anything off the service except the transaction fees for the notarization.   This is a "demand" generator ,  Komodo itself does not generate revenue,  it services pay out to their respective asset holders.

In 2018,  10000 chains being secured by DPoW may seem ridiculous,  but if the rate of growth of blockchain usage continues the way it has ,10000 may only even be 1% of the chains in existence in the not too distant future.  ( Figuring a million coin market demand is "reasonable" )

The next question seems logical would it be what is the list of coins above komodo market cap that are most at risk to need extra security and integrate with?

[1715295428]

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[polycryptoblog]

any reason there are 120 confirmations needed on binance when you make deposit of your kmd?

Coins will be deposited immediately after 120 network confirmations

Safety Precaution due to the spat of blockchain attacks lately.

[ComputerGenie]

The next question seems logical would it be what is the list of coins above komodo market cap that are most at risk to need extra security and integrate with?

The better question is why do you allow an insane, pointless, algebra-requiring, multi-market thing like cap even enter into your thoughts? Given that the vast majority of coins, literally, require multiple unrelated markets to even arrive at a "market cap", who cares what the artificial number is?

"the list of coins above komodo market cap" is entirely arbitrary and changes with the ebb and flow of at least 3 coins that are entirely unrelated to most of "the list of coins above komodo market cap". Unless there's a CoinX/USD market for a given CoinX, the market cap of CoinX is entirely made up and dependant on the market cap of CoinY/USD and then the CoinX/CoinY market.

tl;dr:
Stop using the term "market cap", it's feken meaningless.

[ComputerGenie]

any reason there are 120 confirmations needed on binance when you make deposit of your kmd?

Coins will be deposited immediately after 120 network confirmations

Just some random number they pulled out of their ass

Safety Precaution due to the spat of blockchain attacks lately.

That's just an excuse, in the entire history of low diff alts there's never not been a time where someone isn't doing that.

[Liquid Intellect]

can anyone make a video or send me to a tutorial about how to use barterdex for automatic trading for komodo and to make profits from that?
im really interested but never used trading bots

[KomodoPlatform]

Guarda launches Komodo non-custodial wallet for Android!

[jlbaseball11]

Guarda launches Komodo non-custodial wallet for Android!
https://cdn-images-1.medium.com/max/800/1*vxnJEok9kMaCg53751dVcg.png

Can you interact with asset chains with this wallet?

I've been using the Agama mobile wallet and I like it.

[22naru]

If you’re a dApp developer, you definitely want to know what Komodo is.

please fix the link


i get :
404
Oops! That page can’t be found.

or is a joke, what komodo is?

[jlbaseball11]

The ability to protect a PoW operated crypto currency via notarization by Komodo has blown me away. Gamecredit took the bold step to incorporate Komodo's notarization to protect its network from double spend attacks that is rampant on PoW .

Understand I this is a historical moment one chain helping secure another chain. What is in it for Komodo? How much does it make off of notary as a service? This is a revenue generator for Komodo?

Notarization fees goto CRYPTO asset holders.  Which gets paid out in KMD.  Each chain that wants to use it needs 100ish KMD a year.  Notaries do not make anything off the service except the transaction fees for the notarization.   This is a "demand" generator ,  Komodo itself does not generate revenue,  it services pay out to their respective asset holders.

In 2018,  10000 chains being secured by DPoW may seem ridiculous,  but if the rate of growth of blockchain usage continues the way it has ,10000 may only even be 1% of the chains in existence in the not too distant future.  ( Figuring a million coin market demand is "reasonable" )

I need to learn more about these assets.  https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/162660426/Assetchains does not have the complete list or complete descriptions of each asset.

Can someone please explain what these are used for:

DEX: 50% of BarterDEX revenue; anything else?
ETOMIC:
REVS: 5% of BarterDEX revenue; anything else?
SUPERNET:
PANGEA: pays revenue from Pangea game?
BET:
CRYPTO: pays from notary revenue?
HODL:  it pays interest, but how much?  Is it better than holding KMD?
HODLC: different than HODL?
MSHARK:
CHIPS: uses segwit; used in Pangea game; anything else?
BOTS: 15% of BarterDEX revenue; how does it generate income for trading bot creators?
JUMBLR: 15% of BarterDEX revenue; revenue from Jumbler (BTC privacy) transactions? Anything else?
MGW: 5% of BarterDEX revenue; anything else?
KV:
any I missed that are useful?

[polycryptoblog]

The ability to protect a PoW operated crypto currency via notarization by Komodo has blown me away. Gamecredit took the bold step to incorporate Komodo's notarization to protect its network from double spend attacks that is rampant on PoW .

Understand I this is a historical moment one chain helping secure another chain. What is in it for Komodo? How much does it make off of notary as a service? This is a revenue generator for Komodo?

Notarization fees goto CRYPTO asset holders.  Which gets paid out in KMD.  Each chain that wants to use it needs 100ish KMD a year.  Notaries do not make anything off the service except the transaction fees for the notarization.   This is a "demand" generator ,  Komodo itself does not generate revenue,  it services pay out to their respective asset holders.

In 2018,  10000 chains being secured by DPoW may seem ridiculous,  but if the rate of growth of blockchain usage continues the way it has ,10000 may only even be 1% of the chains in existence in the not too distant future.  ( Figuring a million coin market demand is "reasonable" )

I need to learn more about these assets.  https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/162660426/Assetchains does not have the complete list or complete descriptions of each asset.

Can someone please explain what these are used for:

DEX: 50% of BarterDEX revenue; anything else?
ETOMIC:
REVS: 5% of BarterDEX revenue; anything else?
SUPERNET:
PANGEA: pays revenue from Pangea game?
BET:
CRYPTO: pays from notary revenue?
HODL:  it pays interest, but how much?  Is it better than holding KMD?
HODLC: different than HODL?
MSHARK:
CHIPS: uses segwit; used in Pangea game; anything else?
BOTS: 15% of BarterDEX revenue; how does it generate income for trading bot creators?
JUMBLR: 15% of BarterDEX revenue; revenue from Jumbler (BTC privacy) transactions? Anything else?
MGW: 5% of BarterDEX revenue; anything else?
KV:
any I missed that are useful?

DEX: nothing else
CRYPTO: Notary fees and any new tech that pays out revenues that isnt already covered by an asset.
ETOMIC:  Middleware like coin to emulate utxos for ethereum DEX trades
REVS: 5% CRYPTO DEX SUPERNET JUMBLR revenue
SUPERNET: Pass through of its holdings
HODL: Doesnt pay interest, holding fund
MSHARK: another fund
BOTS:  0.1% fee from 0confirm trading as well
MGW: nothing else
CHIPS: maybe for other games as well
HODLC: not an assetchain, but a coin that had the same ticker
Jumblr: nothing else
BET: Decentralized betting games and portion of pangea revenues
KV:  Key value chain, just sitting there for now

[KomodoPlatform]

please fix the link


i get :
404
Oops! That page can’t be found.

or is a joke, what komodo is?

Fixed

[MoneyJ]

Main developer jl777 is on fire in telegram stating he has a pending order of 65 BTC that will buy Komodo. Talking about being pissed with all the whining of impatient KMD holders that only think only about the price . Well I dont care about the price. Back in December where $14/KMD, I didn't even bother to go to the exchange. As I see the technology not the price.

[trung.nguyen2382]

There is absolutely no issue at my side everything is working fine even loading speed is well. browser  need to be changed  if the problem still exists then clear search history and catche.

[mike84.hn]

Guarda launches Komodo non-custodial wallet for Android!
https://cdn-images-1.medium.com/max/800/1*vxnJEok9kMaCg53751dVcg.png

That's look good. But is it safely?

[CHMEX]

Main developer jl777 is on fire in telegram stating he has a pending order of 65 BTC that will buy Komodo. Talking about being pissed with all the whining of impatient KMD holders that only think only about the price . Well I dont care about the price. Back in December where $14/KMD, I didn't even bother to go to the exchange. As I see the technology not the price.

I think its just one guy who does not understand how the ecosystem works and that guy writes some nasty comments. Btc collected from notarizations has to be exchanged for KMD, as dividends are paid in KMD. Anybody can track the BTC notarization address for transfers once they you can expect a payout.

[KomodoPlatform]

Komodo are coming to Bitpanda.

[Trinibits]

Go Go Komodo 

[Vitamin_52]

Komodo: now on Guarda Web Wallet!

https://medium.com/guarda/komodo-now-on-guarda-web-wallet-d40c2024a30

[jl777B]

For those that didnt hear it yet:

https://blog.bitpanda.com/iota-komodo-and-more-coming-to-bitpanda-2a4b1bd9e8d7

Also, blockfolio now has barterDEX support!

We also now have nicely organized documentation thanks to gcharang: https://komodo-platform.readthedocs.io/en/latest/

which includes more details on all the -ac options for creating new blockchains using komodo (from the command line without any source changes!)

https://komodo-platform.readthedocs.io/en/latest/komodo/create-Komodo-Assetchain.html

Also I have added 65BTC of buy side inventory in barterDEX for KMD at very close to marketprice.

[FrozenChaos]

https://medium.com/@support_57813/blockchain-network-security-kreds-currency-seeks-solution-with-komodo-platforms-dpow-118e80f96521

Surprised this wasn't posted.