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Author Topic: What do you all think of Komodo?  (Read 3557 times)
jstern
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November 06, 2016, 07:37:42 AM
 #41

Aren't they collecting BTC and swapping coins from another crypto? I think I'll wait until launch to see the price is close to ICO.
dsattler
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November 06, 2016, 08:29:50 AM
 #42

Aren't they collecting BTC and swapping coins from another crypto? I think I'll wait until launch to see the price is close to ICO.

Yes, BTCD can be swapped for Komodo after the ICO has closed.

Bitcointalk member since 2013! Smiley
iamnotback
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November 21, 2016, 09:11:22 AM
 #43

Btw, the Delayed Proof-of-Work feature I conceptually designed in collaboration with @jl777:

Quote
Delayed Proof of Work

Komodo uses a delayed Proof of Work consensus mechanism that allows it to export information into the Bitcoin Blockchain through custom transactions. By notarizing Komodo blocks in the Bitcoin blockchain, Komodo mitigates all attack vectors

I was the one who suggested and explained how to use the Bitcoin proof-of-work to record checkpoints.

I can't remember if it was James' idea and then I was the one to explain how to do it correctly, or if it was my idea entirely.

I know originally he was going to go with Proof-of-stake and I talked him out of it.

So more or less, it is my idea and design, but I can't vouch for the details of what he did, because I haven't been following it. He worked out the  implementation details of what we discussed, as I was only involved in the conceptual discussion. I did this because I felt I owed him my help and we enjoyed discussing design concepts. I also benefited from this.

Btw, I have a highly trusted witness who can verify this claim if ever need be. But I don't think that is necessary.

Peter Sztorc published before I had those discussions with @jl777.
iamnotback
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November 21, 2016, 08:51:56 PM
 #44

Zcash is potentially attackable by botnets and rented hashrate attacks. Presumably Komodo is not!

I am not vouching for @jl777's implementation of the concept. Haven't had time to check his code.

Neither of those even with millions of users (and especially if you expect them to be on mobile) will be sufficient to secure the chain against powerful attackers such as botnets with gaming rigs and hijacked Amazon EC2 or other VPS cloud accounts.

I also suggest these two References from my (yet unpublished) white paper:

⁴⁵Paul Sztorc. One Chain to Rule Them All.  Truthcoin.info blog, §Only Bitcoin’s Hashrate Stands a Chance, Mar 7, 2016.
⁴⁶Mircea Popescu. The woes of Altcoin, or why there is no such thing as “cryptocurrencies”. Trilema.com blog, Aug 16, 2014.

Also (even unprofitable) mining on CPUs enables 51% rented hashrate attacks! Kiss Monero's (and Zcash's) ass goodbye if they don't get an ASIC implementation. Komodo might possibly be a better bet because @jl777 adopted my suggestion to use Bitcoin's blockchain for security.
Hueristic
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November 24, 2016, 11:06:35 PM
 #45

Zcash is potentially attackable by botnets and rented hashrate attacks. Presumably Komodo is not!

I am not vouching for @jl777's implementation of the concept. Haven't had time to check his code.

Neither of those even with millions of users (and especially if you expect them to be on mobile) will be sufficient to secure the chain against powerful attackers such as botnets with gaming rigs and hijacked Amazon EC2 or other VPS cloud accounts.

I also suggest these two References from my (yet unpublished) white paper:

⁴⁵Paul Sztorc. One Chain to Rule Them All.  Truthcoin.info blog, §Only Bitcoin’s Hashrate Stands a Chance, Mar 7, 2016.
⁴⁶Mircea Popescu. The woes of Altcoin, or why there is no such thing as “cryptocurrencies”. Trilema.com blog, Aug 16, 2014.

Also (even unprofitable) mining on CPUs enables 51% rented hashrate attacks! Kiss Monero's (and Zcash's) ass goodbye if they don't get an ASIC implementation. Komodo might possibly be a better bet because @jl777 adopted my suggestion to use Bitcoin's blockchain for security.

How can you possibly verify an implementation without verifying the code???

Did you mean verifying the integrity of the concept?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
iamnotback
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November 24, 2016, 11:08:53 PM
 #46

How can you possibly verify an implementation without verifying the code???

Did you mean verifying the integrity of the concept?

Where did I write that I verified anything w.r.t. to Komodo?

I only said that I discussed with @jl777 the concept of how to design checkpoints in the Bitcoin blockchain for security.
Hueristic
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November 24, 2016, 11:19:15 PM
 #47

How can you possibly verify an implementation without verifying the code???

Did you mean verifying the integrity of the concept?

Where did I write that I verified anything w.r.t. to Komodo?

I only said that I discussed with @jl777 the concept of how to design checkpoints in the Bitcoin blockchain for security.

W0w epic reading comprehension fail on my part! I have my step mom on the phone for the last 45 minutes and completely mis-read your post! Lol, she's still blabbering away.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
iamnotback
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November 25, 2016, 12:09:49 AM
 #48

W0w epic reading comprehension fail on my part! I have my step mom on the phone for the last 45 minutes and completely mis-read your post! Lol, she's still blabbering away.

You and I both have chronic health issues that sometimes render us semi-conscious. Don't worry I have much intimate experience with the effect. Frustrating for us both.
kidoseagle0312
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November 28, 2016, 11:32:04 AM
 #49

I just wanna say if this project will having the future like PSB coins. well just watching for later and I think it's will happened big pumping on the first day.... Looks similarly like PSB...

 I do agreed with you pal, aside from that they are more prepared to hype people for them to earn so fast. Though at least the price is that bad actually. But still let see what's next to be going to happen.
iCEBREAKER
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November 28, 2016, 03:18:21 PM
 #50

Looks alright to me aside from the sketchy no name developers?

Kodomo is yet another jl777 scam.

He's started and abandoned dozens of them already.

Kodomo is an attempt to wring more money out of the gullible BitcoinDark and SuperNET buying types.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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TrueAnon
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November 28, 2016, 03:46:16 PM
 #51

Looks alright to me aside from the sketchy no name developers?

Kodomo is yet another jl777 scam.

He's started and abandoned dozens of them already.

Kodomo is an attempt to wring more money out of the gullible BitcoinDark and SuperNET buying types.

This 100%
do not touch!
Zer0Sum
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November 28, 2016, 05:58:11 PM
 #52

Looks alright to me aside from the sketchy no name developers?

Kodomo is yet another jl777 scam.

He's started and abandoned dozens of them already.

Kodomo is an attempt to wring more money out of the gullible BitcoinDark and SuperNET buying types.

THIS x 1,000,000.

jl777 has abandoned between 30-40 projects (mostly NXT assets)...
And has never delivered anything that works... he could not even keep a retarded dice site working.

But this Scammer Group is expert at market manipulation...
So they manage to keep coins trading until the next Scam Rollout.

Anybody investing in KMD needs a brain transplant.
l8orre
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November 28, 2016, 06:37:01 PM
 #53

Looks alright to me aside from the sketchy no name developers?

Kodomo is yet another jl777 scam.

He's started and abandoned dozens of them already.

Kodomo is an attempt to wring more money out of the gullible BitcoinDark and SuperNET buying types.

THIS x 1,000,000.

jl777 has abandoned between 30-40 projects (mostly NXT assets)...
And has never delivered anything that works... he could not even keep a retarded dice site working.

But this Scammer Group is expert at market manipulation...
So they manage to keep coins trading until the next Scam Rollout.

Anybody investing in KMD needs a brain transplant.

poor morons - ran out of Ritalin again?
dsattler
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November 29, 2016, 07:09:53 AM
 #54

Don't feed the trolls!  Cheesy

Bitcointalk member since 2013! Smiley
l8orre
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November 29, 2016, 07:44:08 AM
 #55

Don't feed the trolls!  Cheesy

certainly right - just couldn't resist. did'nt want to put too much time into it- a bit of a pity coz icebreaker is kind of cute ploughing through the altcoin threads, and mostly he is not that far off- which aint that difficult because there are lots of scams going on indeed.

of course he doesnt always get it right-
I have personally done several hundred builds of the Supernet code, beginning in September 2014 with the first commits jl777 made, until recently the Komodo (BTCD2.0) notary node with Iguana (which is still at core the first SuperNET commit from 2+ years ago)

I also wrote a unit testing suite in python about 15 months back that tested about 60 or 70 of the API calls

Of course, this forum being a toxic bilge where all sorts of gigeresque critters lurk, I don't take these drive-by hysterics too seriously
    
iCEBREAKER
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November 29, 2016, 08:15:19 AM
 #56

poor morons - ran out of Ritalin again?


10  Hype new jl777 ICO
20  Launch ICO
20  Pump
30  Dump
40  Buy jl777 Ritalin
50  Watch jl777 code
60  Watch jl777 run out of Ritalin
70  GOTO 10


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████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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November 22, 2018, 07:20:41 AM
 #57

IMO the Komodo Discord is quite active and they're very responsive to enquiries
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November 23, 2018, 07:35:45 PM
 #58

Looks alright to me aside from the sketchy no name developers?
Komodo looks fine, i have been looking at it since days. What seems finer is Paragon, it's gonna leave others behind very soon.
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November 26, 2018, 04:30:24 PM
 #59

Looks alright to me aside from the sketchy no name developers?
Komodo looks fine, i have been looking at it since days. What seems finer is Paragon, it's gonna leave others behind very soon.

Do share what makes Paragon great?
andreizver
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November 26, 2018, 04:44:20 PM
 #60

I dont heared about Komodo a long time. Last what i heared - Komodo has own blockchain and not bad price. I heared that they have very professional team and a lot time I heared that komodo team a good and professional developers.

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