Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 124. (Read 1192381 times)

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: zVOTE address:

Whales probably need to hire node server techs too

A lot of events in March/April :

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Komodo+%28KMD%29&SortBy=0

we will get good profits from trading and investment

We all want to elect the best possible NN operators, I think that's a given. The task is how best to compare different candidates. Some assume candidates buying VOTES would be more likely to run less reliable notaries, although I don't conclude that myself, and don't see the logic of that proposition. A determined candidate wants to win a place, and securing support by sharing revenue can help do that, but it doesn't follow that this guy would be more unreliable or dishonest just because he is determined to win, and is prepared to take a smaller return for himself to do so. Actually, I see the opposite, a guy who takes a smaller profit to secure a NN is thinking long term, and a guy who says vote for me and I will do some good projects might be saying anything just to get elected, and might run a terrible node. People can say one thing and not do it (some did last time), but a candidate who offers profit sharing for VOTES can't easily back away from that, else have their rep trashed publicly.

It's easy to use community rep and past performance to judge candidates running a second time or to get additional nodes, but for new entrants making promises about future projects and undertakings that will benefit KMD etc, I am less convinced, and guys can promise one thing and deliver a lot less or it turns out their projects mostly benefit themselves.

What I want to know is do candidates have to declare if they're paying someone else to run their node, are all current candidates running their own nodes now, or are some still hiring guys like badass? That turns me off much more than a tech guy sharing profits for votes, unless that person does some amazing work for komodo. Hiring a node operator only makes sense for community pools.

Good point, community pools likely next year, if KMD hits a new ATH this year it's a certainty almost. I read some people saying profit share is too small to bother with, well my bank pays 2% on a 12 month term deposit, so it's all relative IMO.

For argument's sake, assume a community pool won a notary with ~1 mil VOTES/KMD, so NN yearly net profits were divided into 1 mil pieces. Do the math, at KMD=10USD and ~1500 KMD NN profits per month,

1500*10 USD*12 months = 180K profit

With 10mil KMD invested, that would be ~1.8% return. I don't know what running a NN would cost, but if KMD exceeds 10 USD later this year a community pool could be offering competitive % rates with a bank term deposit, and everyone would still have access to their KMD.

3

Hahah 

It IS hard to understand     But Thank you     I like it


So, if I get a block reward, and earn 3 KMD:

Does Komodo increase by 3 KMD?     Or,  by  3*1.05 KMD?

Thank you

consensus by all nodes

I know that is a bit hard to understand, but basically it is in the rules of the blockchain and all nodes enforce this.

The election is on a slow simmer now, not many VOTES cast yet. I wonder if many candidates will tweek their proposal as we get closer to the end, is that even allowed?

If a candidate was just a few thousand VOTE from getting a NN could they do some last minute pork barrelling or deal making , temptation will be high. Next 10 days will be fascinating to watch.

I honestly can't decide who to vote for yet, I expected more candidates would be buying VOTE with profit deals for voters,  just to get elected , and then try and stay in the top 30 thereafter,  it's hard to compare promises like "we'll do great things for KMD with some profits", some guys last year seemed to make commitments that weren't exactly met, but too vague  to quantify effectiveness of things like promotion and going to conferences. My father in law is an academic and he openly admits he only submits papers to conferences now, never journals, and only to visit cool places. He reckons he's recycled 5 articles and travelled on the universities dime +20 times for awesome holidays. I get the feeling crypto conference circuit is a bit the same, but hey, if you get a NN, and you promote KMD, all power to you!

So,

Where does Komodo interest come from?

Is there  a new agama release after .30c version before we cast our votes? Just want to verify because electing notary nodes is crucial to the operation of Komodo ecosystem.

https://dexstats.info/addressconverter.php

in case you need a user interface it converts addresses

Im a little confused about how many nodes are up for election in any given region

in SPV mode there is a single address that is generated from the privkey and yes, given one coin's address the address for all other coins are easily calculated.

marketmaker even has an api to do this:

curl --url "http://127.0.0.1:7783" --data "{\"userpass\":\"$userpass\",\"method\":\"convaddress\",\"coin\":\"BTC\",\"address\":\"1KPctPk4Zs4Qbe1x32A5bC1roAnmpvi9Fy\",\"destcoin\":\"KMD\"}"

https://dexstats.info/votelist.php

How do we see vote totals?

Since some are running in multiple places it would be great to see how much support they are getting in the various areas.