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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 212. (Read 1192056 times)

full member
Activity: 476
Merit: 133
Hi, Does KMD have anything to do with UNITY. ?
UNITY was the trading symbol for SuperNET asset on poloniex
SuperNET is the organization that created KMD
sr. member
Activity: 421
Merit: 250
Hi, Does KMD have anything to do with UNITY. ?
member
Activity: 91
Merit: 10
We have made a new policy of not announcing events or really anything newsworthy until after it is done. The whole buy the rumor/sell the news cycle is not the type of thing that is helpful for long term value growth (nor for stability). What this means is that there is no point to ask about things, when it is completed, we will announce what happened. And since there has been extreme criticisms on how we have communicated things in the past, we need to review and review and make sure everything is done to a good standard. That means it wont be ready one minute after whatever the event is. Maybe even after a week or two. We will get better and faster at turning things like this around, but for those who dont know yet, our priority is to get the cutting edge tech working and not to get short term pumps based on some press. I do appreciate the feedback everybody has, but we have limited resources as 90% of the funds raised went to investors and BTCD holders and we need to keep a significant reserve for notarizations over the years.

The main value we create is in the core tech that does what no other project has done. We will also work hard to improve our marketing side, but realistically we wont be marketing-centric anytime soon. There are plenty of other projects that are marketing-centric with not much tech, so if that is what you seek, then KMD is likely not your best coin to be invested in. If you want to be part of the coin that pioneered atomic swaps and advanced the tech frontier by first doing it via pure electrum lite nodes and then further enhanced it with 0conf speed (15 seconds), then KMD is the coin for you.

I certainly wont be changing anything in the technology pipeline based on some sell wall or complaints about short term losses. Long term KMD has done 25x to 30x in fiat terms over a year. In my book that is pretty decent. I cant even promise we will do that moving forward. However I can promise that we will do our best to deliver the best tech possible

Hey I like this strategy a lot tbh, kind of like what Litecoin is doing as well. Not much marketing, but let the tech speak for itself.
Once it's ready, we'll see the test ICO, hell maybe and quite possibly we'll have different tests to come. And when it's all done and finished, KMD will write history with the first dICO and many more to come.
Take your time, get it right, and history will follow.
full member
Activity: 476
Merit: 133
how do you think will komodo suprass zcach in future?
It wont surpass zcash and it also wont surpass BTC. KMD is about integrating the best technology available into a unified ecosystem.

KMD utilizes the excellent privacy that zcash provides and adds JUMBLR layer on top of it, it also leverages the immense hashrate that BTC has to secure both itself and the assetchains.

Think of KMD like the entire car, with zcash being say the engine, the dPoW hashrate the brake system/airbags. There is a lot more to make a complete car.

KMD has much more, from the 5% APR that painlessly allows everyone to earn rewards without even running anything to barterDEX that does 0conf atomic swaps using electrum so you dont even need to have native coin daemons. The KMD ecosystem additionally has revenue producing assets and next year we will integrate CHIPS/BET/PANGEA realtime micropayments (betting) and blockchain enforced game state machine logic.

newbie
Activity: 42
Merit: 0
how do you think will komodo suprass zcach in future?
member
Activity: 98
Merit: 10
I just bought my first Komodos after watching a long time this Project after your words.

A good project is only so good like the people who stay behind it.
Thank you jI777B for giving this feedback .

Now I'm really sure that Komodo will have a Substantial backround with a solid strategy !
full member
Activity: 476
Merit: 133
We have made a new policy of not announcing events or really anything newsworthy until after it is done. The whole buy the rumor/sell the news cycle is not the type of thing that is helpful for long term value growth (nor for stability). What this means is that there is no point to ask about things, when it is completed, we will announce what happened. And since there has been extreme criticisms on how we have communicated things in the past, we need to review and review and make sure everything is done to a good standard. That means it wont be ready one minute after whatever the event is. Maybe even after a week or two. We will get better and faster at turning things like this around, but for those who dont know yet, our priority is to get the cutting edge tech working and not to get short term pumps based on some press. I do appreciate the feedback everybody has, but we have limited resources as 90% of the funds raised went to investors and BTCD holders and we need to keep a significant reserve for notarizations over the years.

The main value we create is in the core tech that does what no other project has done. We will also work hard to improve our marketing side, but realistically we wont be marketing-centric anytime soon. There are plenty of other projects that are marketing-centric with not much tech, so if that is what you seek, then KMD is likely not your best coin to be invested in. If you want to be part of the coin that pioneered atomic swaps and advanced the tech frontier by first doing it via pure electrum lite nodes and then further enhanced it with 0conf speed (15 seconds), then KMD is the coin for you.

I certainly wont be changing anything in the technology pipeline based on some sell wall or complaints about short term losses. Long term KMD has done 25x to 30x in fiat terms over a year. In my book that is pretty decent. I cant even promise we will do that moving forward. However I can promise that we will do our best to deliver the best tech possible
full member
Activity: 476
Merit: 133
https://www.youtube.com/watch?v=RaA7m50V5pk

Barterdex already looks very promising in the final update. I think a final version shouldn't be too far off?
Several small things that can be optimized to make trading and setup more fluid, but it is clear the basics are already very solid.

I read that Satinder Grewal is working on the next iteration of the GUI release now, excited for this, probably going to start playing around with this version myself as I have more spare time on my hands next week.
we keep improving things on several fronts and while it isnt non-technical grandma/pa friendly yet, i dont think that should be the next iteration.

For the next iteration it needs to be able to handle the NXT asset transfers and creation of trading markets. We have barterDEX integrated to tradingview on website http://dexcharts.com/ and also within the client there is a fancy charting library. Most grandmas are not doing technical analysis and charting so to aim it at the totally non-technical next is a bit too soon.

Let us get the traders trading with barterDEX and then we can sort any remaining issues as the GUI devs make a simpler and easier to use interface.

Last I checked, there are no other atomic swap systems that even have a working orderbook. Let alone working via electrum, or allowing 0conf trading, or having liquidity multiplier. If the next GUI is oriented toward the experienced trader, it seems not such a bad thing. They are the ones most likely to timelock larger amounts to benefit from the faster trading anyway
member
Activity: 91
Merit: 10
https://www.youtube.com/watch?v=RaA7m50V5pk

Barterdex already looks very promising in the final update. I think a final version shouldn't be too far off?
Several small things that can be optimized to make trading and setup more fluid, but it is clear the basics are already very solid.

I read that Satinder Grewal is working on the next iteration of the GUI release now, excited for this, probably going to start playing around with this version myself as I have more spare time on my hands next week.
full member
Activity: 476
Merit: 133
Due to the problem with expensive txfees, I will be issuing a MSHARK assetchain where each MSHARK is 0.001 SHARK. snapshot at a switchover block will be done so each SHARK will get 1000 MSHARK
full member
Activity: 476
Merit: 133
NXT asset swap payouts didn't happen yet, right?
not yet, but I am getting very close, could happen anytime
full member
Activity: 225
Merit: 100
Where are your team located?

Read the website if they wanted to tell you wherr they lived it would be published. Why ask foolish question waste these peoples time? Do some research.
I am not sure if I understood the Komodo dPoW right after studying the white paper. I understood that it the project is not dependent on Bitcoin blockchain at all. dPoW can be changed easily to other chains, right? But overall, Komodo still bases on PoW what - in my opinion - is not the future of crypto. It consumes to much electricity and is unefficient. Are there any efforts to switch to PoS (maybe dPoS?) some time in the future?
no such plans.

BTC is burning up all the power whether we notarize to it or not, so we dont affect the overall PoW consumption.

Since BTC is securing with such crazy amounts of hashrate, KMD leverages it via dPoW

Yee BTA if you think kmd a power waste your miss the whole point of dpow.. it seems the whole world is so dumb they will only give value to ASIC powered coin that destroys natural resource and planet. If no ecosystem destructuon then no value!! Haha a bad joke but reallu JL777 is one smart char as he is playing up peoples foolish demands for pow based security because they are disillusioned to think it is superior to waste power and have THE BIGGEST TRUCK ON THE BLOCK if you are in yhe usa you would understand.

While kmd is not so stupid to drive biggest truck.they have hijacked its power for themselves so the idiot will ve impressed and pay m0re $.

Than Komodo raise to the STFU
(in my opinion the links hes posting are likelymuch worse than idiot comments he makes. As in dr who... delete delete delete

And to the ones who say "shitcoin" ... benji75 you pathetic fool, plz get a life and stop hating yourselfs. And everyone else who is doing more for this world than u could ever dream
sr. member
Activity: 390
Merit: 250
into the clusterfuck
NXT asset swap payouts didn't happen yet, right?
full member
Activity: 476
Merit: 133
Is Komodo addresses generated in Lite mode good for NXT assets swap or does one need to run native mode for that?
KMD addresses are all compatible with each other
sr. member
Activity: 317
Merit: 250
Is Komodo addresses generated in Lite mode good for NXT assets swap or does one need to run native mode for that?
full member
Activity: 476
Merit: 133
I am not sure if I understood the Komodo dPoW right after studying the white paper. I understood that it the project is not dependent on Bitcoin blockchain at all. dPoW can be changed easily to other chains, right? But overall, Komodo still bases on PoW what - in my opinion - is not the future of crypto. It consumes to much electricity and is unefficient. Are there any efforts to switch to PoS (maybe dPoS?) some time in the future?
no such plans.

BTC is burning up all the power whether we notarize to it or not, so we dont affect the overall PoW consumption.

Since BTC is securing with such crazy amounts of hashrate, KMD leverages it via dPoW
hero member
Activity: 924
Merit: 556
I am not sure if I understood the Komodo dPoW right after studying the white paper. I understood that it the project is not dependent on Bitcoin blockchain at all. dPoW can be changed easily to other chains, right? But overall, Komodo still bases on PoW what - in my opinion - is not the future of crypto. It consumes to much electricity and is unefficient. Are there any efforts to switch to PoS (maybe dPoS?) some time in the future?
member
Activity: 91
Merit: 10

In december I will process the 50 BTC crypto777 revshare to the CRYPTO assetchain coin holders. I guess that's a half million dollar dividend at current day prices. Not bad for a coin with no value, according to benji75

Kindly apply water to burn area, Benji75.
full member
Activity: 476
Merit: 133
Than Komodo raise to the moon 🚀🚀🚀
please stop this inane moon talk, if you cant post some meaningful content, then dont. thanks
member
Activity: 98
Merit: 10
Than Komodo raise to the moon 🚀🚀🚀
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