Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 117. (Read 1192053 times)

I think that "mining coins" != "steal money", if previous version of SAFE allowed GPU miners and notaries mining with low diff - it can be mined both ways. And if somebody found a way how to mine it easier - this is not a reason to blame him.

p.s. I'm fully agree with polycryptoblog - jl777 is a very talented and versed in cryptography developer. If he found that SAFE has unchanged notaries public keys and told about it in any way (forum, chat channel, irc, slack, ... etc), it is his freedom. Description of opportunities - is not an attempt to steal something. And if somebody decided to mine SAFE using existing pubkeys - I see this as an attempt to demonstrate SAFE developers completely didn't understand forked sources, but not an attempt to steal something.

I notice your sign didn't say: "Please steal out money"

We did use it how we wanted, however James wasn't pleased about it. He still felt like SAFE had enough value to hatch a scheme to steal as much as he could without being caught. Such an amazing dev. Forgot about one of his own bug fixes though and got busted.

I also find it just a bit ironic he's busting our balls about security when he couldn't even secure a slack channel. Next time he should buy burner phones.

If the huge sign "We are open! Please, come in!" hangs over the entrance to the vault, yes i will go and take what i want. Because it's open and has a corresponding sign. Publishing sources on GitHub means for everybody - it's ready, you can use it as you want, isn't it?

Why am I stuck reading pages of bullshit that all started with some random post about some random blog post from some random jagoff from 4 years ago?


A random jagoff who, not coincidentally, cryptographically signed a post on this very forum bragging about how great what he later bashed in the blog was. When he was making money it was "the shit" and when he wasn't it was "all shit".  

Yes, I want jl777, one of the most talented and proven developers in crypto, leading the Komodo project.

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Sure, we admit we like free coins. who doesnt. Isnt that why you made a 4 million premine? and stealth mining 6 million more.

If liking free/cheap coins is a crime, we are all criminals.

There is no mess, the network diff is where it was before the other day, GPU miners are getting blocks. Though I guess having someone outside the inner circle having coins is messing up your pump and dump plans? Now I understand why the reaction to the $1000 in lost mining is provoking such a loud reaction. This really does mess up your pump and dump plan, doesnt it?

I think having some external party with enough coins to prevent a pump and dump scheme is not such a bad idea and I am proud to do so.
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Is this who you want leading your team KMD investors?

Sure, we admit we like free coins. who doesnt. Isnt that why you made a 4 million premine? and stealth mining 6 million more.

If liking free/cheap coins is a crime, we are all criminals.

There is no mess, the network diff is where it was before the other day, GPU miners are getting blocks. Though I guess having someone outside the inner circle having coins is messing up your pump and dump plans? Now I understand why the reaction to the $1000 in lost mining is provoking such a loud reaction. This really does mess up your pump and dump plan, doesnt it?

I think having some external party with enough coins to prevent a pump and dump scheme is not such a bad idea and I am proud to do so.

A thank you for restraining your thievery and malicious attacks must be in order!

You don't get it. I've got screen shots from what you thought was a private slack channel showing your motives. It was nothing good. Soon everyone will see what you are, if they haven't figured it out already. Not one of you is man enough to admit it. But please, keep digging. This look familiar?

"jl777 10:53am the more forks a coin has, the stronger that coin becomes:

https://bitcointalksearch.org/topic/m.32889035

i don't have anything against an honest fork and in fact encourage it maybe they will make some useful gizmo someday. maybe it just gets the word about komodo out, after all if it was worth forking, there must be a lot of value originally

the first fork tends to get about 1% the value of the original, so that could mean a few million marketcap for SAFE. Unfortunately it is only a source code fork and the infrastructure is not in place, so I would say the actual value should be sub-million dollars. then again BTCD is more than $100 mil marketcap so who knows. SAFE might end up being worth more than KMD. I know I will mine it just cuz I can at easy diff"

How about this:

"jl777 9:59 am https://github.com/Fair-Exchange/safecoin this is the first komodo fork and the original 35 notaries appear to have easy mining for a while until the block 180000 when the elected notaries will kick in. of course they might change this and we might end up on a fork, but if a few notaries get the 128 coin blocks, it should not create a fork. or maybe we get a safecoin classic"

Maybe this rings a bell:

"jl777 10:30am their chain is running in pre-180000 block mode, so we need to get the ratification tx in their chain"

So please call us scammers some more. I have better things to do now like clean up the mess your greed left us in. Enjoy your safecoin classic.

The fact that it was possible to run 35 VMs and notary mine by anybody should show you how insecure SAFE is. That would have been possible, but what actually happened was 60,000 SAFE was notary mined and then stopped.

this is 1.5% of the 4 million SAFE premine, it is such a big deal? We can donate these coins back if you value them so much. We dont care about your unSAFE coins, it has no value as it is. But since your dev will be rolling back the chain to protect your miner's losses (about $1000?) it seems there is no lost coins at all.

If you want I could fastmine to block 82000 and then have millions of SAFE to donate. Of course the diff would be in the billions or trillions. You just have no comprehension of the restraint that has been exercised so far.

Oh, I already fixed the high diff rate situation and the GPU mining was getting basically all the blocks for a while. That wasnt your dev, it was me fixing things for you guys. The fixes I have seen so far will all create forks and make the situation into a much more serious issue than temporary higher diff

You're a thief. Plain and simple. Did pondsea ever get those 35 VM's running he was going to use to notary mine with? Your plan was to steal coins for as long as possible without being caught. You fucked up your little plan due to your own incompetence and got caught. Now you're blaming us just to cover your own ass. You've even got the nerve to act like you did use a favor. Just wait until everyone sees the glee in which you and your cohorts hatched your plot to steal safecoins. Our bad for think KMD devs actually had any ethics. Pathetic.

you are correct, but that is why I react so harsh.

you can try to annoy me by pushing my buttons, but you would need to live with the consequences, which might not be so fun.

maybe I am bad for doing this, but I just feel very overprotective over KMD

I agree on that, I just don't know if the proportion of those mislead people would be that significant.


I understand that could be a factor of anger, don't tell them that though, you are giving them a way to push your buttons .

It seems you need to activate VOTE2018, either before entering your passpharse by using the "Activate Coin" button, or form within the wallet once you are signed in (the "ACTIVATE COIN" button is at the top-right corner of the app).

I'd like to vote but in agama i have not my vote2018... It's a strange thing because i don't see vote2018 if i enter with my passphrase neither if i put the wif private key.

In the agama wallet of course i had kmd during the snapshot.

Any suggestion?

Okay cool, by claiming frequently it's possible to compounding the coins which is cool of course.
Thanks for the help again 😁

If you chose SPV (over Native) then you are running SPV .


Yes you can close the wallet. Your address will accrue interest, but you have to claim it manually (you have a button for that) so that it's added to the balance of your address. If you want more interest, you should claim frequently.

fair enough, but in this case they were claiming to have made improvements on the KMD dPoW and in general misrepresenting that they are enhancing KMD and even working hard writing a DEX.

Maybe I am a bit old-fashioned, but I just dont like out and out lies that come at the cost of my work and/or reputation. If people were to believe that nonsense, then when their chain is killed, they would (incorrectly) conclude that KMD is not secure.

Now that is clear that their claims are totally bogus in the extreme, I feel no more need to spend time on it. Of course, if SAFE community members keep attacking me, it will remind me that this exists and if it isnt already clear by now, it isnt a good idea to make me angry.

Attacking me personally does make me angry. Stealing credit for my work does make me angry.

Most people are usually not so silly to do these things, so I am usually not angry.

It is open source, just provide the credit where credit is due and dont make false claims. This is not so hard to do, unless you are trying to cash in on value that KMD is created.

Yw!!

Okay i am running SPV, atleast i think  .
So if i understand well i can park my coins in the wallet and close everything and even then i receive some interest.
Thanks for the help btw.

If a coin wants to call themselves a KMD fork, it doesn't necessarily make it a full-fledged fork. I haven't followed this story, it seems you have done more than enough to assess the vulnerabilities of the forked chain, and not spending the coins gained from exploiting such vulnerabilities for your own profit seems to be the right thing to do imo. Also I think there should be no worry about the lack of security in the forked chain negatively impacting the perception of the security of the KMD chain.