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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 199. (Read 1192381 times)

full member
Activity: 476
Merit: 133
About the BTCD swap: If all the BTCD supply is not swapped by the 15th of January, there will be a small portion of BTCD (less than 20%, cuz according to bitcoindark.com "over 80% ... has been swapped") in circulation. Indeed, the coin won't be maintained, but if users want to keep the blockchain running they could. This seems to create room for some crazy speculation (very high price due to scarcity), unless of course exchanges unlist BTCD, well it could still be exchanged OTC but I think not being on exchanges will considerably limit the trades, thus helping BTCD to die peacefully. I don't recall having read anything about exchanges stopping BTCD support, I would expect them to do so as BTCD will no longer be maintained but one never knows. Any thoughts/infos?
It hasnt been maintained in forever, exchanges still list it and it trades

more like 93% has been swapped, estimated 5% lost forever, so maybe 2% left to swap or live on as zombie coin
hero member
Activity: 1344
Merit: 656
About the BTCD swap: If all the BTCD supply is not swapped by the 15th of January, there will be a small portion of BTCD (less than 20%, cuz according to bitcoindark.com "over 80% ... has been swapped") in circulation. Indeed, the coin won't be maintained, but if users want to keep the blockchain running they could. This seems to create room for some crazy speculation (very high price due to scarcity), unless of course exchanges unlist BTCD, well it could still be exchanged OTC but I think not being on exchanges will considerably limit the trades, thus helping BTCD to die peacefully. I don't recall having read anything about exchanges stopping BTCD support, I would expect them to do so as BTCD will no longer be maintained but one never knows. Any thoughts/infos?
member
Activity: 98
Merit: 10
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
BarterDEX: New Video Of Atomic Swaps Trading With Latest Beta Version

https://twitter.com/BarterDex/status/939967365395165184

full member
Activity: 476
Merit: 133
I'm reading a few comments on twitter that the barterdex platform will take off when miners start using it.
Is there a reason why it is so useful/handy for miners to use? Not really into mining myself, but was just wondering if they need special mechanics or something to trade their mined coins?
The problem miners have is they generate a lot of small utxos and a lot of exchanges dont let (want) then to mine directly to an exchange address.

With barterDEX each mining output is another utxo! So if you mine to your barterDEX address, it is immediately available for trading in a small bite sized portion.

member
Activity: 91
Merit: 10
I'm reading a few comments on twitter that the barterdex platform will take off when miners start using it.
Is there a reason why it is so useful/handy for miners to use? Not really into mining myself, but was just wondering if they need special mechanics or something to trade their mined coins?
newbie
Activity: 46
Merit: 0
What is better to mine Komodo? AMD or Nvidia?
what's the most profitable to mine Komodo
thanks
I believe nvidia cards will give you the better sols/s for kmd (its a fork of zcash). personally im mining with 1070s more so to contribute to the kmd network. as far as profit, yeah i think it will be profitable in the long term...

my amd cards that i was using for ethereum a few years back do not produce comparable sol/s compared to the nvidia cards.

hope that helps. worst case you can get kmd on barterdex Smiley

full member
Activity: 476
Merit: 133
Im exploring a bit on Barterdex. Im trying to do my first swap but I get this error "can't find alice utxo that is close enough in size". Im sorry if this has been adressed before but I could use any help I could get.
I changed the error message to:

"cant find a deposit that is close enough in size. make another deposit that is just a bit larger than what you want to trade"

one difference with barterDEX is you are exchanging specific deposits (utxo) and at first if you make only one, you dont have enough as the atomic swap protocol requires 2. Once you do your first swaps, the change automatically creates more outputs (utxo) so it is less and less a problem.

Another issue is that currently we dont have that many marketmakers, so it is harder to find an ordermatch. New release will improve this situation as I just created a way for end users to be marketmakers with a single simple api command:

example scripts: auto_chipskmd/auto_chipsbtc

curl --url "http://127.0.0.1:7783" --data "{\"userpass\":\"$userpass\",\"method\":\"autoprice\",\"base\":\"CHIPS\",\"rel\":\"KMD\",\"margin\":0.01,\"refbase\":\"chips\",\"refrel\":\"coinmarketcap\"}"

curl --url "http://127.0.0.1:7783" --data "{\"userpass\":\"$userpass\",\"method\":\"autoprice\",\"base\":\"CHIPS\",\"rel\":\"BTC\",\"margin\":0.01,\"refbase\":\"chips\",\"refrel\":\"coinmarketcap\"}"

this allows you to be a marketmaker with a single simple command where you specify the profit margin relative to CMC price. dont worry, the GUI will make a simple form where you can specify the COIN, KMD or BTC and the margin. Click and you are a marketmaker! No need for a LP (Liquidity Provider) node, even normal non-relaying nodes can be a marketmaker in barterDEX, and even if you are using electrum. It can even be configured to do 0conf swaps. It really is hard to describe all the advances that are rolled into a single seamless solution.

just set the margin big enough to deal with market price fluctuations

auto_chipskmd prices in KMD, auto_chipsbtc prices in BTC, automatically in the orderbooks as long as your node is running.

i think it must be the absolute easiest way ever to setup a marketmaking. also being the bob (maker) side there is no dexfee

especially for marketmaking, the LM (Liquidity Multiplier) feature is quite useful as you can have a lot more active orders at the same time. when marketmaking it is a waiting game, so setup the autoprice and be patient

you can also make manual orders while market making
full member
Activity: 1330
Merit: 217
https://lifinity.io/
What is better to mine Komodo? AMD or Nvidia?
what's the most profitable to mine Komodo
thanks
newbie
Activity: 12
Merit: 0
Im exploring a bit on Barterdex. Im trying to do my first swap but I get this error "can't find alice utxo that is close enough in size". Im sorry if this has been adressed before but I could use any help I could get.
newbie
Activity: 23
Merit: 0
Ensuring knowledge privacy is a great way to make creative professions get into crypto market more, as they won't be  so afraid of getting their intellectual property stolen!
newbie
Activity: 46
Merit: 0
Barterdex looking great guys. Nice vid.

Im going to try an install later today.

https://youtu.be/fgGwpP6lZE8
I spoke too soon. This video nails the basics and more importantly points out that there is a difference between centralized and decentralized order execution.
full member
Activity: 476
Merit: 133
Hi, can someone help me with my issue? I had around 670 KMD in wallet and  I sent this morning 335 KMD to bittrex account and they didnt came. Also possible to see that there are no confirmations for my transaction. 
Later i claimed my earned kmd for other 335 kmd. They withdrawn from balnace and came back in one minute, but first half is still not confirmed. What to do? I tried to check my tx id on explorer but it shows nothing like tx is not existing. TX id: e05398425a3d42d523c5ef2c1e1468eddaf6b6278b513a896a48422358b8a2ae
I already responded to you about this. it looks like that txid got orphaned and you might have to -rescan
member
Activity: 112
Merit: 12
Hi, can someone help me with my issue? I had around 670 KMD in wallet and  I sent this morning 335 KMD to bittrex account and they didnt came. Also possible to see that there are no confirmations for my transaction. 
Later i claimed my earned kmd for other 335 kmd. They withdrawn from balnace and came back in one minute, but first half is still not confirmed. What to do? I tried to check my tx id on explorer but it shows nothing like tx is not existing. TX id: e05398425a3d42d523c5ef2c1e1468eddaf6b6278b513a896a48422358b8a2ae
member
Activity: 161
Merit: 10
Barterdex looking great guys. Nice vid.

Im going to try an install later today.

https://youtu.be/fgGwpP6lZE8

This is cool, going to try it now. Thanks for sharing!
newbie
Activity: 46
Merit: 0
Thanks for the insight. I was able to trade other pairs. Pretty amazing.
Great to hear!
Are you a super technical user? Was the GUI very hard to use?

I'm a frequent linux user and actually was using komodo-cli (general transactions) a while back but i got busy and lost track of the updates and improvements. Next thing i knew there was a GUI wallet and a BartexDex GUI.

For BarterDex, the GUI was not really difficult to use but I can see the general user being cautious or finding it difficult to figure out what is what. Perhaps a simple help menu that explains some items or a few examples (similar to coinigy GUI where they provide a walk-through). I know its still fairly new though.

But it definitely works....I've been able to accumulate some additional JUMBLR Smiley.
Is there a link that explains each of the supernet assetchains? I understand the use-case for jumblr but not any of the others.
newbie
Activity: 33
Merit: 0
Barterdex looking great guys. Nice vid.

Im going to try an install later today.

https://youtu.be/fgGwpP6lZE8
full member
Activity: 476
Merit: 133
Thanks for the insight. I was able to trade other pairs. Pretty amazing.
Great to hear!
Are you a super technical user? Was the GUI very hard to use?
newbie
Activity: 46
Merit: 0
Am I correct in assuming that BartexDex App 0.7.4 includes the marketmaker binaries and I don't have to set up a liquidity provider node.
I'm thinking all i need to try the decentralized market is ..
1. The latest Agama app
2. The latest BartexDex app

Can someone confirm please?

Thank you
You are mostly correct. However, you dont need 1. as you can use electrum for many coins in barterDEX

you certainly dont have to setup an LP node, that is just for professional marketmakers.

One more question. So I've got BarterDex up and running. I've made three separate BTC and three KMD deposits and have my balances (both coins running electrum). I tried to make a transaction for one of the entries in the market (KMD to BTC) but i get an error message indicating the btc transaction fee is to high. Is this going to be an issue going into the future? What are the options other than trading two other coin pairs?

Thanks in advance
bitcoin was not designed to work properly when there is a 100000+ mempool backlog
it is not a good idea to do atomic swaps when basic transactions are of unknown duration

As soon as bitcoin network gets to sane levels, things will be fine, but when that is for BTC? Not sure. Ultimately it is up to each person to decide if the BTC txfees are worth it or to just trade in other currencies.


Thanks for the insight. I was able to trade other pairs. Pretty amazing.
full member
Activity: 476
Merit: 133
Am I correct in assuming that BartexDex App 0.7.4 includes the marketmaker binaries and I don't have to set up a liquidity provider node.
I'm thinking all i need to try the decentralized market is ..
1. The latest Agama app
2. The latest BartexDex app

Can someone confirm please?

Thank you
You are mostly correct. However, you dont need 1. as you can use electrum for many coins in barterDEX

you certainly dont have to setup an LP node, that is just for professional marketmakers.

One more question. So I've got BarterDex up and running. I've made three separate BTC and three KMD deposits and have my balances (both coins running electrum). I tried to make a transaction for one of the entries in the market (KMD to BTC) but i get an error message indicating the btc transaction fee is to high. Is this going to be an issue going into the future? What are the options other than trading two other coin pairs?

Thanks in advance
bitcoin was not designed to work properly when there is a 100000+ mempool backlog
it is not a good idea to do atomic swaps when basic transactions are of unknown duration

As soon as bitcoin network gets to sane levels, things will be fine, but when that is for BTC? Not sure. Ultimately it is up to each person to decide if the BTC txfees are worth it or to just trade in other currencies.
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