Bitcoin Forum
May 22, 2019, 10:17:27 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 ... 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 [858] 859 860 861 862 »
  Print  
Author Topic: [ANN][KMD][dPoW] Komodo - next generation platform, Secured by Bitcoin  (Read 1134126 times)
david1365
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
April 05, 2019, 09:27:36 AM
 #17141

The Komodo article has been listed on Krown (https://krown.io/story/cryptographic-hash-functions-explained-a-beginners-guide) Make sure to upvote your link!
Look at the state of the EOS and KMD in the crypto world. The rest of the talk is nonsense!   Wink Cool
1558520247
Hero Member
*
Offline Offline

Posts: 1558520247

View Profile Personal Message (Offline)

Ignore
1558520247
Reply with quote  #2

1558520247
Report to moderator
Crypto Casino Since 2014
Level Up & Get Even More Rewards!
Daily Treasure Chest
& Much More
Roll Hunt
Rakeback
Blackjack
Jackpot
Dice
Slots
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
david1365
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
April 05, 2019, 09:42:34 AM
 #17142

You claim that Jl777 hasn't finished even the smallest projects in the last 6 years, I'd like to know which ones.
Thank you
You are right!

Because at that time you probably were not familiar with Bitcoin and cryptocurrencies!
TL;DR : James defined about dozens of crypto projects in year of 2014 and after that.
then he was created and offered assets for each project on NXT  platform. After that, time passed and no progress was made in the projects. then these assets were undervalued and obliterated, and many investors were affected like me. after that the game has continued until today, by converting it's projects to each other and changing their names and goals.

I was also active in the crypto universe at James' NXT times.

I also own these assets.

These assets were migrated to the KMD chain.

Projects like JumblR, Dex and other assets have been functional for a long time now -
 
Dex is even the world leader with over 116000 Atomic Swaps!
 
So I can't understand the statement that many projects were not finished here.
For example, SuperNET.
l8orre
Legendary
*
Offline Offline

Activity: 1051
Merit: 1002


View Profile
April 05, 2019, 10:06:06 AM
 #17143

It's about EOS not bringing the TPS they promise.  
Central systems have, blacklists, almost all block producers in China are located, a 4 TB database after not even 1.5 years and on top of it still such bugs.

Which projects have not been finished that you are talking about here ?
Please do not sophistry!

I know James since the launch of the BTCD and I was an investor in his several projects that never ended and now I don't have free time to worthless argue with you.

history exist to clarify these issues!!!

so what is the purpose of you wasting time here?
tyz
Legendary
*
Offline Offline

Activity: 1918
Merit: 1111



View Profile
April 05, 2019, 10:20:38 AM
 #17144

EOS is the most largest and most successful project in the history of cryptocurrencies up to now. EOS has earned more than $ 4 billion in the ICO, which serves the development of this huge platform, and this is the guarantor of the success of this popular platform.

Sorry but that statement is really weird. Since when does a lot of money mean to succeed? There are tons of examples of crypto projects or startups that have taken a lot of money and ultimately failed. I'm not saying that's what EOS needs to be, but EOS isn't the holy cow as you represent. EOS is still struggling with security problems and flaws. Besides, I can't see that EOS has solved a major problem, unlike Komodo. And Komodo has much less money available, but talented and dedicated developers.
DarkKnightNeverDie
Member
**
Offline Offline

Activity: 122
Merit: 10


View Profile
April 05, 2019, 11:05:31 AM
 #17145

Sorry but that statement is really weird. Since when does a lot of money mean to succeed? There are tons of examples of crypto projects or startups that have taken a lot of money and ultimately failed. I'm not saying that's what EOS needs to be, but EOS isn't the holy cow as you represent. EOS is still struggling with security problems and flaws. Besides, I can't see that EOS has solved a major problem, unlike Komodo. And Komodo has much less money available, but talented and dedicated developers.
I read somewhere someone wrote that
Quote
good projects come from good team, bad projects come from bad teams
But I disagreed with that, because good projects come from good teams, but bad projects can come from both bad teams and good teams.
Sometimes even good teams can fail with their projects. Some products need time, special time to get success.
Steve Jobs is a great man, but he failed sometimes, right?
david1365
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
April 05, 2019, 11:50:27 AM
 #17146

EOS is the most largest and most successful project in the history of cryptocurrencies up to now. EOS has earned more than $ 4 billion in the ICO, which serves the development of this huge platform, and this is the guarantor of the success of this popular platform.

Sorry but that statement is really weird. Since when does a lot of money mean to succeed? There are tons of examples of crypto projects or startups that have taken a lot of money and ultimately failed. I'm not saying that's what EOS needs to be, but EOS isn't the holy cow as you represent. EOS is still struggling with security problems and flaws. Besides, I can't see that EOS has solved a major problem, unlike Komodo. And Komodo has much less money available, but talented and dedicated developers.
Hey my friend,

Which holly cow?

I just answered the silly talk of KMD investors. The truth is that, KMD is not comparable with EOS in any aspect.

There is no end for progression of crypto industry and also there are no projects that can be without bugs. but KMD is the continuation of the BTCD project, which lasted about 5 years. But EOS just a bit over one year old. According to this point and any things that I mentioned earlier any wise person understands that KMD is not comparable to EOS.

Judging with expert people!
oblox
Legendary
*
Offline Offline

Activity: 1316
Merit: 1018


View Profile
April 05, 2019, 12:22:52 PM
 #17147

If you think the only difference between EOS and KMD is the time of new block generation, you have a big mistake. EOS is the most largest and most successful project in the history of cryptocurrencies up to now. EOS has earned more than $ 4 billion in the ICO, which serves the development of this huge platform, and this is the guarantor of the success of this popular platform. EOS is a well-designed and acclaimed platform which is the result of the experiences that Daniel Larimer has gained from its three previous successful projects. But KMD is made by the JL777 which could not been able to finish even one small project after six years of activity in the Crypto world.

EOS is worse than Komodo in all parameters except block time:

1. No proof of work
2. less bandwidth, 3000 transactions per second against 20000
3. a short address of 12 characters, which can be used to calculate the private key, the recent theft of the cold key from the exchange is proof of that
4. was freezing of the funds of the user with the requirement to explain the origin
5. there is no sense in the coin, Visa is better and Windows is better
your determine arguments, does not proof of being better, but the position of each coin in the crypto world is proof it.

1- Position in marketcap
2. The number of main exchanges
3. Daily trading volume
4. The amount of capital attraction
5. The number of investors and users
6. The power of the development team
7. Marketing
8. Number of development projects on the platform
9. and ...

I do like out of 8 actual bullets, only two relate to development and are just general statements at best. So far KMD has proven itself as a leader in atomic swaps, protection of actual projects, the first to roll out a pure zk-only chain, hardforking over 40 chains at once, on chain games, 20k tps, among countless other innovations. 2018 was a fantastic year for development and the few things listed here hardly cover it all
Acura3600
Legendary
*
Offline Offline

Activity: 1582
Merit: 1080



View Profile
April 05, 2019, 12:26:14 PM
 #17148

You claim that Jl777 hasn't finished even the smallest projects in the last 6 years, I'd like to know which ones.
Thank you
You are right!

Because at that time you probably were not familiar with Bitcoin and cryptocurrencies!
TL;DR : James defined about dozens of crypto projects in year of 2014 and after that.
then he was created and offered assets for each project on NXT  platform. After that, time passed and no progress was made in the projects. then these assets were undervalued and obliterated, and many investors were affected like me. after that the game has continued until today, by converting it's projects to each other and changing their names and goals.

I was also active in the crypto universe at James' NXT times.

I also own these assets.

These assets were migrated to the KMD chain.

Projects like JumblR, Dex and other assets have been functional for a long time now -
 
Dex is even the world leader with over 116000 Atomic Swaps!
 
So I can't understand the statement that many projects were not finished here.
For example, SuperNET.


SuperNet is active, please better inform - so do you have another example for me ?
tyz
Legendary
*
Offline Offline

Activity: 1918
Merit: 1111



View Profile
April 05, 2019, 02:26:42 PM
 #17149

The truth is that, KMD is not comparable with EOS in any aspect.

I am with you when it comes to that Komodo is not one to one comparable to EOS. Nevertheless, Komodo as a platform has made great progress recently and can therefore be compared very well with EOS in some aspects. If the roadmap is fully implemented, Komodo will be completely comparable to EOs in the future. Komodo is no longer just a further development of BitcoinDark.

There is no end for progression of crypto industry and also there are no projects that can be without bugs.

True. I didn't want to say that Komodo does not have any, but they have appeared at EOS so far.
viennavtc
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
April 05, 2019, 03:02:52 PM
 #17150

You claim that Jl777 hasn't finished even the smallest projects in the last 6 years, I'd like to know which ones.
Thank you
You are right!

Because at that time you probably were not familiar with Bitcoin and cryptocurrencies!
TL;DR : James defined about dozens of crypto projects in year of 2014 and after that.
then he was created and offered assets for each project on NXT  platform. After that, time passed and no progress was made in the projects. then these assets were undervalued and obliterated, and many investors were affected like me. after that the game has continued until today, by converting it's projects to each other and changing their names and goals.

I was also active in the crypto universe at James' NXT times.

I also own these assets.

These assets were migrated to the KMD chain.

Projects like JumblR, Dex and other assets have been functional for a long time now -
 
Dex is even the world leader with over 116000 Atomic Swaps!
 
So I can't understand the statement that many projects were not finished here.
For example, SuperNET.


SuperNet is active, please better inform - so do you have another example for me ?

If it's active, is it paying dividends!?  i don't think so.  Plus it's not trading, doesn't appear to be worth anything.  I could be wrong. 
FrozenChaos
Member
**
Offline Offline

Activity: 88
Merit: 50


View Profile
April 05, 2019, 04:09:47 PM
 #17151

You claim that Jl777 hasn't finished even the smallest projects in the last 6 years, I'd like to know which ones.
Thank you
You are right!

Because at that time you probably were not familiar with Bitcoin and cryptocurrencies!
TL;DR : James defined about dozens of crypto projects in year of 2014 and after that.
then he was created and offered assets for each project on NXT  platform. After that, time passed and no progress was made in the projects. then these assets were undervalued and obliterated, and many investors were affected like me. after that the game has continued until today, by converting it's projects to each other and changing their names and goals.

I was also active in the crypto universe at James' NXT times.

I also own these assets.

These assets were migrated to the KMD chain.

Projects like JumblR, Dex and other assets have been functional for a long time now -
 
Dex is even the world leader with over 116000 Atomic Swaps!
 
So I can't understand the statement that many projects were not finished here.
For example, SuperNET.


SuperNet is active, please better inform - so do you have another example for me ?

If it's active, is it paying dividends!?  i don't think so.  Plus it's not trading, doesn't appear to be worth anything.  I could be wrong. 

Asset revenue/dividend streams are threshold-based. As for trading, not actively listed on any CEX but still traded OTC and via BD (prior to the MM2 ramp up). Last I recall (and it has been awhile), Supernet was priced at around 25-35 KMD per.
Acura3600
Legendary
*
Offline Offline

Activity: 1582
Merit: 1080



View Profile
April 05, 2019, 05:02:13 PM
 #17152

You claim that Jl777 hasn't finished even the smallest projects in the last 6 years, I'd like to know which ones.
Thank you
You are right!

Because at that time you probably were not familiar with Bitcoin and cryptocurrencies!
TL;DR : James defined about dozens of crypto projects in year of 2014 and after that.
then he was created and offered assets for each project on NXT  platform. After that, time passed and no progress was made in the projects. then these assets were undervalued and obliterated, and many investors were affected like me. after that the game has continued until today, by converting it's projects to each other and changing their names and goals.

I was also active in the crypto universe at James' NXT times.

I also own these assets.

These assets were migrated to the KMD chain.

Projects like JumblR, Dex and other assets have been functional for a long time now -
 
Dex is even the world leader with over 116000 Atomic Swaps!
 
So I can't understand the statement that many projects were not finished here.
For example, SuperNET.


SuperNet is active, please better inform - so do you have another example for me ?

If it's active, is it paying dividends!?  i don't think so.  Plus it's not trading, doesn't appear to be worth anything.  I could be wrong. 

Dividends will be payed if the asset reaches 1 Million $ in revenues + it´s trading on BarterDex/HyperDex, soon the OTC Platform barterlly and you can buy / sell it here https://www.coinexchange.io/market/UNITY/BTC

fluffyPirate
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
April 06, 2019, 09:57:14 AM
Last edit: April 06, 2019, 10:13:00 AM by fluffyPirate
 #17153

jl777 said in discord he will not vote for any candidate that offers bribes to voters and he suggests everyone else do the same. You are right that when NN profits grow large competition between candidates will mean it is harder to get elected but the solution is community pool run nodes, not vote buying with % of rewards paid to voters. This year not many candidates so competition not so much.


+1

The only advantage from revenue sharing VOTE bribes is increasing community participation, NN profits should go to devs & bounties

BE READY TO GET OUT AND VOTE KOMODO COMMUNITY

bv68bot
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
April 06, 2019, 11:43:51 AM
 #17154

I predict Vote2019 will be the last chance for 'unknowns' without their own capital/KMD to get a NN spot easily, the competition from established crypto players will be immense next year, so small players will still have a chance, but it will be a lot harder without existing capital/vote & reputation.

If you are an unknown dev with skills consider the opportunity from running a successful NN in 2019, think of the out years where you either stay in the top30 and never face another election, OR, your contributions to the ecosystem build a solid reputation which gets you elected in subsequent years without any need for vote buying revenue sharing.

You might not have reputation and capital to secure a NN spot today, BUT, if you get elected this time with some 'assistance', and you work hard the future is in your hands.

How often in life do you see an opportunity for a talented unknown without their own capital to secure a golden opportunity like a NN, what jl777 previously described as a virtual 'money making machine'?



12 months is a long time in crypto but sounds like good advice, next election will be in a bull market probably too.

If I was a tech guy I'd think seriously about running, not many ways to make risk free money in crypto unless you're the lead dev of an ICO project or have a load of cash to invest in mining rigs and have cheap power.

How long until the candidate spam starts Smiley
KLONE
Sr. Member
****
Offline Offline

Activity: 277
Merit: 250


View Profile WWW
April 06, 2019, 12:12:01 PM
 #17155


NN elections aren't about politics, they're about the distribution of profits from community-owned resource - the komodo network - anything over 100K per year should go back to KMD owners who can decide to donate to devs or offer bounties etc or invest in other ways. P-trump is speaking the truth, nobody will accept 100% of notary profits going to operators forever, unless they invest profits back into the community.


Far too early to be thinking like this, priority is electing skilled sys admins and developers to finish the tech and grow adoption of DLT, jl777 added 5% reward for KMD investors so everyone is taken care of, no need to worry about notary profits getting too big, KMD barely above $1 lol

I disagree, the concentration of NN is bad for decentralisation and if it starts it'll be hard to undo coz notaries don't compete like PoW miners, so there'll always be a worry about collusion (even just a perception) if multiple NN are operated by a small clique of insiders who aren't required by the system to either compete in mining and invest in hardware, or put their capital on the line with PoS. That's why P-Trump is trying to encourage as many people to run as possible now before season 1 & 2 veterans run again and get more NN, and offering some voter bribes is a way to level the playing field with established NN who have good reps and more rusted on voter support from established relationships.

Crypto consensus is built on competition and risk/reward game theory dynamics, and as good as komodo dPoW system is technically, a weakness is the NN operators don't have to compete directly and don't have to invest much $$, so there's a risk of ending up with an insiders circle jerk when what we really want is 64 independent NN.
Big Naturals
Sr. Member
****
Offline Offline

Activity: 658
Merit: 267


View Profile
April 06, 2019, 12:33:14 PM
 #17156

I disagree, the concentration of NN is bad for decentralisation and if it starts it'll be hard to undo coz notaries don't compete like PoW miners, so there'll always be a worry about collusion (even just a perception) if multiple NN are operated by a small clique of insiders who aren't required by the system to either compete in mining and invest in hardware, or put their capital on the line with PoS. That's why P-Trump is trying to encourage as many people to run as possible now before season 1 & 2 veterans run again and get more NN, and offering some voter bribes is a way to level the playing field with established NN who have good reps and more rusted on voter support from established relationships.

Crypto consensus is built on competition and risk/reward game theory dynamics, and as good as komodo dPoW system is technically, a weakness is the NN operators don't have to compete directly and don't have to invest much $$, so there's a risk of ending up with an insiders circle jerk when what we really want is 64 independent NN.

The only multiple notary candidates I'm voting for are PIRATE & kmdlabs (are they running in multiple regions?), and projects with 2-3 people working together.

Am I greedy if I take a bribe to vote for a noobie? lol

Been saying it since season 1 ... community pool nodes tick ALL the boxes Smiley
KLONE
Sr. Member
****
Offline Offline

Activity: 277
Merit: 250


View Profile WWW
April 06, 2019, 12:59:08 PM
 #17157


Am I greedy if I take a bribe to vote for a noobie?


Even if a noobies test net stats show they're as competent as established NN they've still got a disadvantage, (no established relationships, no reputation).

A small bribe levels the playing field, it's common practice for new businesses to offer incentives to help attract customers, is that appealing to greed?

The game theory is very interesting, if nobody offers any vote incentives it looks like a level playing field but IMO it's not, existing NN running for a 2nd or 3rd node have a big advantage over noobs, but if all candidates offered about the same % profit share it ends up advantaging none of the candidates and just becomes a transfer to voters.

It is competitive though!

Noobs need an edge some might do that through bounties, but then again, did the season 1 & 2 guys who promised bounties actually deliver? The vote bribe guys obviously did come through otherwise we would have heard from pissed off voters by now lol



Big Naturals
Sr. Member
****
Offline Offline

Activity: 658
Merit: 267


View Profile
April 06, 2019, 01:35:49 PM
 #17158


It is competitive though!


Exactly, competitive elections of NN is essential for cementing dPoW as being decentralised with NN selection based on KMD stake ownership, so I hope candidates who step up and actually campaign a bit and have some good ideas & suggestions get rewarded by voters, plus it's a good way to focus the whole community and have some fun. The last election ended up very close and exciting at the end.

The next month should be pretty cool Smiley

edit: I also love how jl777 makes it known he doesn't favor vote bribes or revenue sharing but he doesn't disallow it, just says his opinion and leaves every other individual to make up their own mind. It's hard to predict what will happen this year
alevlaslo
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 566


View Profile
April 06, 2019, 02:04:15 PM
 #17159

NN is a temporary crutch for the small hashrate, no need to turn it into a key one.
boomboom
Hero Member
*****
Offline Offline

Activity: 945
Merit: 508



View Profile
April 06, 2019, 02:09:03 PM
 #17160

The only advantage from revenue sharing VOTE bribes is increasing community participation,

That's a non-trivial advantage, a low voter turnout could be a problem.


Pages: « 1 ... 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 [858] 859 860 861 862 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!