[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 112.

Decker

member

Activity: 121

Merit: 61

Decker's 2018 Notary Proposal: https://deckersu.github.io/

Who am i?

I am an IT expert and systems engineer. I’ve formed part of the Komodo team since 2017. During which time I contributed to Komodo in the form of development towards the KomodoQT (KomodoOcean) wallet - the world's first GUI wallet for a zero knowledge fork that supports KMD and all its parallel chains. Additionally I assist the team in testing and development of new dapps.

Why Vote for Decker?

In addition to the wallet development I took part in the creation of the first CHIPS wallet, building BarterDEX core for Windows. Active member of the community with plans to support the platform in the long term. Notary node funds will increase my resources to improve Komodo dapps.

Proven Skills

I can handle a wide spectrum of the Komodo infrastructure.
Deployment and support fail-safe work of KMD and parallel chain explorers, hosted on my own VDS servers.
Software testing, software programming.
Making blockchain snapshots, writing and translate documentations for users.

I’ve decided to become a candidate for the European / Asia and Russia regions and I count on your support!

How to Vote?

VOTE address:

Code:

RARcozaVAMZaXJaL6KWMSw297xTYzbDwa3

zVOTE address:

Code:

zc9re8upRd4zZQ7Zs1qm1BnsXtEQ8yhQm3UeWkAugto5FwfgH6NoKTGqKM47K2QNus3CV5h3Kd3wUfzzjctZvj5S3EDFZqH

p.s. The 1U server for NN from proposal is already hosted in Tier III data center and do notarizations in testnet:

Code:

./notarystats.sh

▓█████▄ ▓█████  ▄████▄   ██ ▄█▀▓█████  ██▀███  
▒██▀ ██▌▓█   ▀ ▒██▀ ▀█   ██▄█▒ ▓█   ▀ ▓██ ▒ ██▒
░██   █▌▒███   ▒▓█    ▄ ▓███▄░ ▒███   ▓██ ░▄█ ▒
░▓█▄   ▌▒▓█  ▄ ▒▓▓▄ ▄██▒▓██ █▄ ▒▓█  ▄ ▒██▀▀█▄  
░▒████▓ ░▒████▒▒ ▓███▀ ░▒██▒ █▄░▒████▒░██▓ ▒██▒
 ▒▒▓  ▒ ░░ ▒░ ░░ ░▒ ▒  ░▒ ▒▒ ▓▒░░ ▒░ ░░ ▒▓ ░▒▓░
 ░ ▒  ▒  ░ ░  ░  ░  ▒   ░ ░▒ ▒░ ░ ░  ░  ░▒ ░ ▒░
 ░ ░  ░    ░   ░        ░ ░░ ░    ░     ░░   ░ 
   ░       ░  ░░ ░      ░  ░      ░  ░   ░     
 ░             ░                          

-ASSET-	-NTRZd-	-UTXOs-	-BAL-
KMD	1216	520	  "balance": 6.82107777,
PIZZA	611	91	  "balance": 1778.56273541,
BEER	600	153	  "balance": 2555.34605364,

jl777B

full member

Activity: 476

Merit: 133

Quote from: Swinging Phallus on March 27, 2018, 12:00:04 PM

I'm impressed by the amount of progress the team has made in the past few months, KMD is definitely a pioneer of its own kind. The only issue I have are the notary nodes - I always have an issue whenever voting is involved in any platform. You are signifying trust at that point (which is the completely opposite of what the basis of bitcoin was meant to serve, a trust-less service), and if there were to be a group large enough it would essentially become somewhat centralized. We can see a clear example of this by looking at Lisk.

Lisk has let this issue run rampant and now they have to deal with hiring a full "science" team to amend the issue, this seems like a greater feat in itself (rather than the javascript protocol).

None the less it's not like centralization really matters in the cryptocurrency market. Even BTC has ended up being severely centralized and people still use it. It seems in the end people tend to care more of the application or use. If that ends up being the case KMD is in my opinion a sleeper.

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.

jl777B

full member

Activity: 476

Merit: 133

Quote from: kaicrypzen on March 27, 2018, 12:44:46 PM

Quote from: ptytrader on March 27, 2018, 10:35:03 AM

Quote from: kaicrypzen on March 27, 2018, 03:32:32 AM

Quote from: ?? on ??

Populous signs exclusive partnership with Komodo.

Just wondering what's in the exclusive character of this partnership for Komodo? Komodo being a leader in atomic swaps, no direct competition seems to really exist so why the restricting to only one invoice financing platform? I'd be grateful if anyone who sees what I don't could share it. Thank you.

I think this is just a "play on words". Komodo Platform is an open source project and is not restricting its use. There should be a more detailed marketing announcement from both marketing teams coming soon.

Looking forward to those details. Thank you.

Quote from: Swinging Phallus on March 27, 2018, 12:00:04 PM

The only issue I have are the notary nodes - I always have an issue whenever voting is involved in any platform. You are signifying trust at that point (which is the completely opposite of what the basis of bitcoin was meant to serve, a trust-less service), and if there were to be a group large enough it would essentially become somewhat centralized.

Adding to this by asking if limiting the number of notary nodes to 64 is a necessity? I remember this was driven by the fact that the Komodo team had to guarantee $500 (monthly?) of revenue to the nodes. We can probably say that this is no longer an issue as mining revenues are far higher than that (unless KMD's price goes down deeply). Were there other reasons to limiting the number?

bandwidth

the notaries create a N*N matrix network between themselves, so the traffic goes by the number of notarized chains * N * N, where N is the number of notary nodes.

Even with 64, that is much less centralization than the top 64 mining pools. Also, notaries only notarize, they have no centralized control over block creation. I think any concerns about notary centralization should be diluted by the lesser power of notary nodes than for LISK delegates which are the ones that actually create the blocks if I am not mistaken

kaicrypzen

hero member

Activity: 1344

Merit: 656

Quote from: ptytrader on March 27, 2018, 10:35:03 AM

Quote from: kaicrypzen on March 27, 2018, 03:32:32 AM

Quote from: ?? on ??

Populous signs exclusive partnership with Komodo.

Just wondering what's in the exclusive character of this partnership for Komodo? Komodo being a leader in atomic swaps, no direct competition seems to really exist so why the restricting to only one invoice financing platform? I'd be grateful if anyone who sees what I don't could share it. Thank you.

I think this is just a "play on words". Komodo Platform is an open source project and is not restricting its use. There should be a more detailed marketing announcement from both marketing teams coming soon.

Looking forward to those details. Thank you.

Quote from: Swinging Phallus on March 27, 2018, 12:00:04 PM

The only issue I have are the notary nodes - I always have an issue whenever voting is involved in any platform. You are signifying trust at that point (which is the completely opposite of what the basis of bitcoin was meant to serve, a trust-less service), and if there were to be a group large enough it would essentially become somewhat centralized.

Adding to this by asking if limiting the number of notary nodes to 64 is a necessity? I remember this was driven by the fact that the Komodo team had to guarantee $500 (monthly?) of revenue to the nodes. We can probably say that this is no longer an issue as mining revenues are far higher than that (unless KMD's price goes down deeply). Were there other reasons to limiting the number?

ComputerGenie

hero member

Activity: 1092

Merit: 552

Retired IRCX God

Quote from: misterbigg on March 27, 2018, 12:07:41 PM

...a good place to begin on more info on the equipment requirements

Requirements of/for what?

misterbigg

legendary

Activity: 1064

Merit: 1001

We are interested upon learning much more it. Do they offer a good place to begin on more info on the equipment requirements

Swinging Phallus

full member

Activity: 266

Merit: 103

I'm impressed by the amount of progress the team has made in the past few months, KMD is definitely a pioneer of its own kind. The only issue I have are the notary nodes - I always have an issue whenever voting is involved in any platform. You are signifying trust at that point (which is the completely opposite of what the basis of bitcoin was meant to serve, a trust-less service), and if there were to be a group large enough it would essentially become somewhat centralized. We can see a clear example of this by looking at Lisk.

Lisk has let this issue run rampant and now they have to deal with hiring a full "science" team to amend the issue, this seems like a greater feat in itself (rather than the javascript protocol).

None the less it's not like centralization really matters in the cryptocurrency market. Even BTC has ended up being severely centralized and people still use it. It seems in the end people tend to care more of the application or use. If that ends up being the case KMD is in my opinion a sleeper.

SHossainKMD

newbie

Activity: 43

Merit: 0

Hello everyone! VOTE2018 tokens has been airdropped and election is nearly finishing. It is now time to Vote for Notary Node Election 2018.

I am a dedicated and very highly skilled operator who leading the test team. I was the first to setup a node and wrote a guide for other candidates on how start using the notary testnet. I also write guide about how to install and use BarterDEX CLI and GUI.

Checkout my node's performance stat here: https://dexstats.info/notarizations.php
My proposal: https://github.com/KomodoPlatform/NotaryNodes/blob/master/proposals/shossain

I intend to run 2 very high capacity nodes in EU & AR region. Setup electrum servers for BarterDEX. Your votes are very valuable for me.

Vote details:

EU Vote Address:

Code:

RSUMqZFwz7yPzTmyzEtH9VzH7LBoD7twSB

AR Vote Address:

Code:

RFUN8XezmmZt47pzVmoz7aN5LtFNV9pyuj

Private Vote Address:

Code:

zcYTkJTZteZDsjq56qsYY1WNzy5m1VYkjKpm651b7ZhUgewYe2PBRFFeZUciNQ6iBaPvELbuEGUGKHKBW2XHEm1F2yeYdhe

Thank you for reading my proposal.

ptytrader

sr. member

Activity: 466

Merit: 253

Imagine a world without banks.......

Quote from: kaicrypzen on March 27, 2018, 03:32:32 AM

Quote from: ?? on ??

Populous signs exclusive partnership with Komodo.

Just wondering what's in the exclusive character of this partnership for Komodo? Komodo being a leader in atomic swaps, no direct competition seems to really exist so why the restricting to only one invoice financing platform? I'd be grateful if anyone who sees what I don't could share it. Thank you.

I think this is just a "play on words". Komodo Platform is an open source project and is not restricting its use. There should be a more detailed marketing announcement from both marketing teams coming soon.

ptytrader

sr. member

Activity: 466

Merit: 253

Imagine a world without banks.......

Remember to Cast your Vote
Notary node proposals: https://github.com/KomodoPlatform/NotaryNodes/tree/master/proposals
Voting ends on April 1st

dollux

sr. member

Activity: 364

Merit: 250

Quote from: jl777B on March 27, 2018, 05:21:04 AM

Quote from: KomodoPlatform on March 27, 2018, 05:10:50 AM

I think they invested in binance?

Yup, that's what they say on their portfolio.

"ValueNet Capital is a venture capital fund that invests exclusively in cryptocurrency and blockchain projects. Although it is headquartered in Beijing, China, ValueNet Capital has a team of analysts and financial advisers throughout the globe. Its portfolio includes major projects such as OmiseGo, Binance, PowerLedger, WAX, CoinPoker, PlayKey, RobotCache, and Celsius Network."

jl777B

full member

Activity: 476

Merit: 133

Quote from: KomodoPlatform on March 27, 2018, 05:10:50 AM

Komodo Platform Partners With Beijing-Based Venture Capital Fund.

I think they invested in binance?

KomodoPlatform

sr. member

Activity: 784

Merit: 253

Set Your Ideas Free

Komodo Platform Partners With Beijing-Based Venture Capital Fund.

kaicrypzen

hero member

Activity: 1344

Merit: 656

Quote from: ?? on ??

Populous signs exclusive partnership with Komodo.

Just wondering what's in the exclusive character of this partnership for Komodo? Komodo being a leader in atomic swaps, no direct competition seems to really exist so why the restricting to only one invoice financing platform? I'd be grateful if anyone who sees what I don't could share it. Thank you.

florians

newbie

Activity: 22

Merit: 0

Quote from: Jiddu on March 27, 2018, 12:47:23 AM

Quote from: florians on March 27, 2018, 12:05:41 AM

I'm new to crypto don't be harsh.

Bartedex seems very cool but seriously, c+v/typing your very own passphrase don't feel safe. I'm not saying i'm personaly at risk of keylogger.

But there is this paranoia : maybe is there an hidden virus in my computer ?

Don't you think that can prevent adoption of barterdex ? I mean people love to do dirty things on the internet right ? lol Passphrase is THE freacking paranoid item. Ledger owners can attest.

Is my question stupid and why ? thanks

Then it's already too late.

not with a ledger

i'm thinking to invest in komodo so i want to be sure it's not an actual flaw, given how much people are paranoid with passphrases, just look at nano ledger threads. People cut their passphrases in half, one hidden at home, one in the bank and crazy things like that. For exemple people go to porn sites and may fear of being infected.

jeezy

legendary

Activity: 1237

Merit: 1010

https://chainstrike.github.io

Cool

Jiddu

sr. member

Activity: 390

Merit: 250

into the clusterfuck

Quote from: florians on March 27, 2018, 12:05:41 AM

I'm new to crypto don't be harsh.

Bartedex seems very cool but seriously, c+v/typing your very own passphrase don't feel safe. I'm not saying i'm personaly at risk of keylogger.

But there is this paranoia : maybe is there an hidden virus in my computer ?

Don't you think that can prevent adoption of barterdex ? I mean people love to do dirty things on the internet right ? lol Passphrase is THE freacking paranoid item. Ledger owners can attest.

Is my question stupid and why ? thanks

Then it's already too late.

florians

newbie

Activity: 22

Merit: 0

I'm new to crypto don't be harsh.

Bartedex seems very cool but seriously, c+v/typing your very own passphrase don't feel safe. I'm not saying i'm personaly at risk of keylogger.

But there is this paranoia : maybe is there an hidden virus in my computer ?

Don't you think that can prevent adoption of barterdex ? I mean people love to do dirty things on the internet right ? lol Passphrase is THE freacking paranoid item. Ledger owners can attest.

Is my question stupid and why ? thanks

cbcbctqbt

newbie

Activity: 109

Merit: 0

Quote from: stan86 on March 26, 2018, 10:38:10 PM

Komodo Platform is proud to announce its partnership with Beijing based venture capital fund, Value Net Capital!

https://komodoplatform.com/komodo-platform-partners-with-beijing-based-venture-capital-fund/

https://a.radikal.ru/a43/1803/be/94cdfc2077cat.jpg

Congratulations for KOMODO achievements recently! I have read previous pages, it is likely that the project comes from China and its core developers are Chinese. Am I right?

stan86

hero member

Activity: 1092

Merit: 511

Komodo Platform is proud to announce its partnership with Beijing based venture capital fund, Value Net Capital!

https://komodoplatform.com/komodo-platform-partners-with-beijing-based-venture-capital-fund/

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 112. (Read 1192381 times)