Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 110. (Read 1192381 times)

I still wait a block chain download from komodo website.

Because i need security. I dont want to use in SPV mode. I do NOT want someone to control my transactions. It is unsafe.

...I still wait a block chain download from komodo website...

How overhead via donwloading blockchain prevents you to invest, don't understand? For example, Bitcoin have some overhead via downloading blocks too, and ZCash also. And what? Also to use KMD and assets you don't need to download anything, just use Agama in Electrum (SPV) mode. In this case it doesn't need to download anything.

Too bad..I was hoping to INVEST...

Any chain download options ? Like XVG gives from its official site every 3 days.

Komodo blockchain's size currently is ~3.9 Gb, but, yes, you are right, syncing from scratch can use 30 or 60 Gb of network traffic. Some overhead.

When I returned back I SAW that I used 30 GB of network data !!!!
Windows >> network statistics, >> file statistics >> komodo.exe 30 GB !!!
But chain data under appdata foldor komodo was only 2 gb !!!!

Komo have a web wallet ?

Dear KMD stake holders who haven't voted yet: There has been a lot of active and repetitive campaigning by a few notary node candidates, with many of those offering a shared payout to attract voters. In contrast, there are also candidates who got little attention so far but are of extreme value for the Komodo Platform. Komodo pays out only about 1.5% per year of its market cap to notary nodes, but gives 5% to each hodler in KMD. That is totally different from some other projects like Lisk, Ark etc., where node operation accounts to 1x% per year. Thereby, getting a tiny share of a Komodo notary node revenue adds close to nothing for a KMD investment. What makes a difference with a view to a KMD stake is supporting those candidates who make an outstanding contribution to the success of Komodo in order that they can dedicate themselves full time and stay highly motivated and loyal. There are excellent worker proposals by programmers, some of those are new since last year, but also many who are with Komodo for some time. As a voter please take the time and actually read the proposals rather than just going for the highest payout. Many from the Komodo community have endorsed candidates. I would like to bring attention to Libscott, https://github.com/KomodoPlatform/NotaryNodes/tree/master/proposals/libscott . What he is doing is spectacular. It brings smart contract and application development capabilities to Komodo, and it has to do with the recent Komodo 2.0 announcement for advanced notarization features. Komodo is rapidly progressing in that area thanks to Scott. While many candidates were campaigning he was busy with programming and world class system development. As the elections come to an end some candidates need more votes than others to secure a spot. There is also SHossain https://github.com/KomodoPlatform/NotaryNodes/tree/master/proposals/shossain who was continuously active for Komodo and contributed to a lot of things, he deserves as well more votes.

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Centralization is still a bad thing among notaries.
Centralized notaries are less compelled to innovation, competitiveness and professionalism. They're basically leaches (at notarization activity). Sad truth.
Vote for independents!

https://dragonRiders.team ---> the real deal

Most new KMD comes from 5% accrued to ALL KMD, the notaries share of new supply by comparison is rather small.

The optimum strategy though is for whales to compound their stacks over the next few years to maximise their VOTE power, but that'll just create mega HODL, which is good for price rise for everyone, and whales have an incentive to pick notaries wisely.

Thanks for the clarification. That makes more sense, how ever i question the integrity of notary nodes in a longterm situation, Since voting is involved. As you said, I under stand that they can't falsify blocks, but the majority of new kmd will be held by notary nodes, can't that lead to manipulation when it comes to voting (self voting and bribery).

I think you might be assuming that notaries have some exclusive power to create blocks, which is what I think LISK and other dPoS systems have.

In KMD, the notaries can notarize, but all notarizations are validated by the other nodes, so there is no power to create false notarizations. There is no monopoly on creating blocks that the notaries have. In fact about one third of blocks are created by GPU miners.

So the notaries are stake voted into place and their notarizations are NOT trusted, but all are verified. Not so sure that this is any where near the centralizing issue that you seem to be assuming it is. True, notaries have the power to not notarize.

Looks like candidates that shares the most of their mining-rewards MadMax (40%), Dwy (30%), Goldenman (22,3%), Ptyx (20%) are not passing in EU region.
Most people vote for their own region and Europeans are such a rich mofos, they don't need more coins, i guess