Author

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 192. (Read 1192053 times)

newbie
Activity: 8
Merit: 0
I've tried BarterDEX build from github on ubuntu 16.04 - look like it works properly. Nevertheless Agama build from branch pkg_automation_electrum is not working. It starts splash screen and when I'm selecting KMD lite (probably similar for other buttons) it just showing white screen - looks like htlm was not loaded??  Huh  Any idea?

Running through 'npm start'. Same for release version from website.

Thanks
hero member
Activity: 1148
Merit: 512
One area where Komodo is different than many other platforms are the asset chains. I’m going to steal a conversation from a team member in Slack explaining how Komodo is different (superior) from some other platforms. It was explained that a Whitepaper/Lightpaper is in the works.

“ERC20 tokens are not actual coins. They are smart contracts, and they are locked to the Ethereum platform.
Komodo asset chains are unique, individual coins, fully capable of leaving anytime the developer desires.
This tech takes longer to build, but provides more freedom in the long run for developers.
To secure these individual coins, we basically insert "backups" into the Bitcoin (or any other) blockchain, which the Komodo parent chain can then use to rebuild the entire network, in the event of an attack.
This gives any project in the Komodo ecosystem Bitcoin-level security,  but a fraction of the cost.
We're in the process of releasing our first non-KMD-built asset chain now, Monaize. You can already buy some MNZ tokens on our decentralized exchange, The BarterDEX, and more should be coming at the official launch date.
Komodo assetchains are independent chains their consensus does not depend on the parent chain. Like in eth ardor and waves
In the ardor model, a bundled must be willing to exchange his ardor for your childchain token.  In order for the childchain to write its data in the blockchain.
Assetchain doesn't need to use DPoW.   It is regular proof of work consensus. (Except with on demand blocks)
Childchain *needs* to pay the bundler to confirm child chain tx
In eth model, ether is used to keep contract running.  In neo model.  A separate coin "gas" was created to handle that.
In waves it is paid in its own token to the stakers
5 different models right there for blockchain ecosystem. The differences are crucial and I believe Komodo is the best path.  Develop on your own chain, don't worry about arbitrary decisions by parent chain developers”

So, if KMD is superior to Ethereum, and Ethereum is worth $700, how much should Komodo be worth if it can prove itself with dICOs, BarterDEX, etc. working as advertised next year?

Anything is possible.

Wow, it's a very interesting post about KMD platform and I really like the last sentence saying "So, if KMD is superior to Ethereum, and Ethereum is worth $700, how much should Komodo be worth if it can prove itself with dICOs, BarterDEX, etc. working as advertised next year?"
Yes , I can guess this coin is worth 100$ next year  and maybe it's much higher than 100$ as well.
full member
Activity: 476
Merit: 133
What's up with the price of Komodo? It's going wild.

It may be because of this post:
https://www.reddit.com/r/btc/comments/7juc9i/first_of_many_bch_kmd_atomic_swap_via_barterdex/

I'm also starting to see posts like this:
https://twitter.com/jessecouch/status/941606430137769985

That guy on twitter has over 25k followers.



The power of crypto social media that's big for Komodo. Crypto  is starting to get a lot of attention from everyone now and it will benefit all alts but Komodo to me is on the top of the list.
Our marketing efforts is getting us close to 40,000 followers from what I hear and KMD is many times in the top most mentioned cryptos

So for everyone that has been criticizing KMD marketing, maybe it is time to give some credit where credit is due?

member
Activity: 98
Merit: 10
One area where Komodo is different than many other platforms are the asset chains. I’m going to steal a conversation from a team member in Slack explaining how Komodo is different (superior) from some other platforms. It was explained that a Whitepaper/Lightpaper is in the works.

“ERC20 tokens are not actual coins. They are smart contracts, and they are locked to the Ethereum platform.
Komodo asset chains are unique, individual coins, fully capable of leaving anytime the developer desires.
This tech takes longer to build, but provides more freedom in the long run for developers.
To secure these individual coins, we basically insert "backups" into the Bitcoin (or any other) blockchain, which the Komodo parent chain can then use to rebuild the entire network, in the event of an attack.
This gives any project in the Komodo ecosystem Bitcoin-level security,  but a fraction of the cost.
We're in the process of releasing our first non-KMD-built asset chain now, Monaize. You can already buy some MNZ tokens on our decentralized exchange, The BarterDEX, and more should be coming at the official launch date.
Komodo assetchains are independent chains their consensus does not depend on the parent chain. Like in eth ardor and waves
In the ardor model, a bundled must be willing to exchange his ardor for your childchain token.  In order for the childchain to write its data in the blockchain.
Assetchain doesn't need to use DPoW.   It is regular proof of work consensus. (Except with on demand blocks)
Childchain *needs* to pay the bundler to confirm child chain tx
In eth model, ether is used to keep contract running.  In neo model.  A separate coin "gas" was created to handle that.
In waves it is paid in its own token to the stakers
5 different models right there for blockchain ecosystem. The differences are crucial and I believe Komodo is the best path.  Develop on your own chain, don't worry about arbitrary decisions by parent chain developers”

So, if KMD is superior to Ethereum, and Ethereum is worth $700, how much should Komodo be worth if it can prove itself with dICOs, BarterDEX, etc. working as advertised next year?

Anything is possible.
hero member
Activity: 716
Merit: 500
What's up with the price of Komodo? It's going wild.

It may be because of this post:
https://www.reddit.com/r/btc/comments/7juc9i/first_of_many_bch_kmd_atomic_swap_via_barterdex/

I'm also starting to see posts like this:
https://twitter.com/jessecouch/status/941606430137769985

That guy on twitter has over 25k followers.



The power of crypto social media that's big for Komodo. Crypto  is starting to get a lot of attention from everyone now and it will benefit all alts but Komodo to me is on the top of the list.
member
Activity: 98
Merit: 10
4,75$🚀 Just the start
JL777 ... you are my personal nakamoto
member
Activity: 84
Merit: 10
member
Activity: 130
Merit: 11
Done a direct BCH/BTG atomic swap

Code:
SWAP completed! 2053259776-2416928921 {"expiration":1513421206,"tradeid":0,"requestid":2053259776,"quoteid":2416928921,"iambob":1,"Bgui":"nogui","Agui":"","gui":"nogui","bob":"BCH","srcamount":0.00801288,"bobtxfee":0.00010000,"alice":"BTG","destamount":0.05000000,"alicetxfee":0.00010000,"aliceid":"7644250281968730112","sentflags":["alicespend", "bobspend", "bobpayment", "alicepayment", "bobdeposit", "bobrefund"],"values":[0.00811288, 0.05010000, 0.00821288, 0.05020000, 0.00921449, 0, 0, 0.00911449, 0, 0, 0],"result":"success","status":"finished","finishtime":1513407627,"bobdeposit":"f22acbb2c889cca881464fb33a3de581a100f5e052391126f78ac07f3cbb7e97","alicepayment":"8cdefde645f30386c9d04b1ed52c45cf8d6ed7d223dbcac34b09e271c34f3b79","bobpayment":"31e5950bb449c0e5246db34ab56660b24802b3fd90194566612f713b0a3eba03","paymentspent":"1d3cf5446357dd11a32d711d13562e0a91181c3d3e35605b5ed18b785f1979dd","Apaymentspent":"d7c6b161947375fad657ba1f0718fea07d133d4af834701fc03f1e9aa6ddaffc","depositspent":"98d78059738cc24fda544a3c1047419dacdc0def3b7f032770aa15aa5264f88d","method":"tradestatus","finishtime":1513407627,"gui":"nogui"}

alicepayment 0.05020000 BTG https://btgexp.com/tx/8cdefde645f30386c9d04b1ed52c45cf8d6ed7d223dbcac34b09e271c34f3b79
bobpayment 0.00821288 BCH https://blockdozer.com/insight/tx/31e5950bb449c0e5246db34ab56660b24802b3fd90194566612f713b0a3eba03
bobdeposit 0.00921449 BCH https://blockdozer.com/insight/tx/f22acbb2c889cca881464fb33a3de581a100f5e052391126f78ac07f3cbb7e97
hero member
Activity: 650
Merit: 502
Do you have a bounty program?

Bounty program was over a long time ago. You might want to take a look at the Monaize bounty program and see if it is still running.
legendary
Activity: 1582
Merit: 1001
www.neutroncoin.com
Great to see the project getting the right attention and growing very nicely. Great work.
newbie
Activity: 9
Merit: 0
Human Poc speaking.
Conceptualise non-existent something, Huge (no roads).
"materialize" the "conceptualise" ... jlenius.



hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Amazing job devs have done. BarterDEX has executed atomic swaps to coins that are mattered most in crypto . This will make the service more popular and relevant to those who wants this feature in a very long time. SuperNet ecosystem, with Komodo platform leading the tech will have a long term engagement as far as dApps are concern.
newbie
Activity: 9
Merit: 0
Fucking good good job Komodo team, good job jl Smiley
You are doing so much... people don't realize.... just want to write 6 lines to celebrate the amazing "tech" part of your work.
Don't be lazy with the marketing part ... please.
Cheers to everybody.
With love from the data world.
@nt.


newbie
Activity: 7
Merit: 0
Just tested latest Agama wallet for Windows and OSX working great! Keep up the good work.
member
Activity: 130
Merit: 11
Bitcoin Gold (BTG) is now also working with BarterDEX

Code:
SWAP completed! 3029794294-923504742 {"expiration":1513384735,"tradeid":0,"requestid":3029794294,"quoteid":923504742,"iambob":1,"Bgui":"nogui","Agui":"","gui":"nogui","bob":"BTG","srcamount":0.00279954,"bobtxfee":0.00010000,"alice":"KMD","destamount":0.20000000,"alicetxfee":0.00010000,"aliceid":"3443176209852661761","sentflags":["alicespend", "bobspend", "bobpayment", "alicepayment", "bobdeposit", "bobrefund"],"values":[0.00289954, 0.20010000, 0.00299954, 0.20020000, 0.00334948, 0, 0, 0.00324948, 0, 0, 0],"result":"success","status":"finished","finishtime":1513371046,"bobdeposit":"c923c17367f09d822de7d3c392fa841aea7549cf6ff8ccb582e38b2b8297cf79","alicepayment":"b1c5d756e20097454cdf457fc399af14b96234af9270c22fd7436289f53aa3a4","bobpayment":"66fca05cff083173a41d3f030afbabbb7a222d7cd45051c19e583f3f9aa872e3","paymentspent":"bd33ed71d7c395b422dedc0736fc4308ed61e4150168e45863ba4aba655d79d1","Apaymentspent":"14e550c21f4f22b2ff55cbd2a2bf279d17501563cb6fb4bcf074c30611539126","depositspent":"a4ef78a070222cb60548fcf1b863a1f0279ecd7444d72bd95846e01f1e48ca91","method":"tradestatus","finishtime":1513371046,"gui":"nogui"}

alicepayment 0.2002 KMD https://kmd.explorer.supernet.org/tx/b1c5d756e20097454cdf457fc399af14b96234af9270c22fd7436289f53aa3a4
bobpayment 0.00299954 BTG https://btgexp.com/tx/66fca05cff083173a41d3f030afbabbb7a222d7cd45051c19e583f3f9aa872e3
bobdeposit 0.00334948 BTG https://btgexp.com/tx/c923c17367f09d822de7d3c392fa841aea7549cf6ff8ccb582e38b2b8297cf79
newbie
Activity: 86
Merit: 0
Do you have a bounty program?
member
Activity: 98
Merit: 10

Now 4,25$....it's starting to go up... the first decentralized Ico with monaize bring Komodo to a new level ... up to 30$..you will see
member
Activity: 98
Merit: 10
Now 4,25$....it's starting to go up... the first decentralized Ico with monaize bring Komodo to a new level ... up to 30$..you will see
Jump to: