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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 285. (Read 1192373 times)

sr. member
Activity: 282
Merit: 260
Investors bags are getting bigger and bigger.I'm intrigued about the price in the next wave Roll Eyes
member
Activity: 100
Merit: 10
boom, can't wait to see what's brewin.
full member
Activity: 183
Merit: 100
@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.




My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?

http://Https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system

Here you go. Im sure the code is in here. You can answer your own question as to how complex and innovative it is instead of letting others do the work for you. Please let us know what you find after digging through the code.

Hope that helps

I can't open the link!

I really can't understand the agenda of ka82 . He or she has been critical with Komodo platform ever since . Full of doubts are his questioning and skepticism is written all over his/her statement . URLs are simple but instead of correcting it he/she resort to the thread as if everything is wrong in komodo. It is so obvious that the link above was a typo . So lazy that is . Just relied on link without even checking if the URL syntax is correct.


I have no agenda...I'm just a pissed investor...I was bought into the Komodo's philosophy and idea of creating anaymous tokens and DEX and that they're doing something unique, etc etc...I started using their wallet in May, it worked fine for few times but then it kept giving errors and not getting logged in, so we were told to change some files in komodo to fix the glitches but it didn't help....I was glad that they created an app for the Legder Nano S so I tried to move out my coins from Agma to physical wallet, however it didn't show that my coins were transferred and the balance displayed incorrectly....I kept doing it for few days until I was able to move them all out to my physical wallet and kept it there until very recently...

then few weeks back I saw that in KMD website it was advertised that they have a BIG "announcement" and they put a count down in the site starting from 5 days....that certainly caused to hype the price to about $3.65......then it comes to the day of announcement which everyone knows how terrible it went...people try to justify the presentation by saying that they're tech people and they have their priorities set and the marketing wasn't part of their top priorities (then why wallets not working 100%?). Some also say that by the announcement they just wanted to give an update to their investors and supporters. If that's the case what was it about ALL this big show and count-down? it was just very immature & deceiving.

What you mentioned above and that I don't check the link to find the typo in the URL link is similar to the way Komodo team practices its developments...they build a wallet from the ground up but there's a minor tweak in it. They know how "easily" it can be fixed but they release their product to the public anyways, expecting everyone to know how they should run & fix the wallet!

So after 5 months that the wallets not working smoothly and after the announcement I think I should be very critical about their project so to understand whether I should keep the rest of my positions in KMD.


The team of Komodo has visions to enhance the industry of cryptos and blockchains. It is a very complex paradigm if you ask me as I have been a programmer all my career.  I would estimate the ecosystem of the project to be completed even in 3 to 4 years. You have only wanted to invest in short term that is why you are pissed. Go to Dogecoin instead where regular P&D happened. If you are really savvy investor on exchanges go ahead maybe you can earn more but not with Komodo platform in short term. If and when sidechains are starting to pop up then that is really the time it will have a strong run but for now its accumulation period for us believers.

I'm certainly not a short term investor/speculator....but when I see that komodo talks about complex eco-system but fails to deliver a rather simple wallet functionality then I have my doubts...I then said they may be looking at a big picture and I can't judge them based on this. So I moved my coins to a wallet that works just fine. But then after five months and before the announcement I saw several other comments from different users who have trouble with the wallet (both agma and swing). Combining this with the presentation I had to speak up and become vigilant about this project. Even after they put up new website we can't still find a road-map about the project...that's crazy. It's crazy that the team can't list their progress into a simple chronological order....almost all the website that I've checked they have some kind of roadmap. Check Nimiq for example (ranking around 200) with one tenth of market cap.
full member
Activity: 225
Merit: 100
I hope everyone realizes that I am not part of the team.

Moving forward. Should I reinstall kmd  and lightcoin but do it with the barterdex user that is created in the barterdex build instructions? Currently kmd and litecoin are installed on the default user account and the barterdex is installed on the barterdex account.

I also think the instructions for barterdex DID work, but not sure how to exactly determine that.

I set group permissions on all the required files, that should work. of course to be sure you can put them all in the same user, whichever is easier. just speculation like I said, I havent done my swap still Smiley it's a slow day. there is a tool to do this, using the gui to set the group permissions is not by default included with ubuntu but can be installed: 'sudo apt-get install gnome-system-tools' .. in theory that should work fine just give the group designated to both users read/write permissions on required folders and set to recursive. this may just confound everything also could be simple Wink will see in a moment
newbie
Activity: 63
Merit: 0
I hope everyone realizes that I am not part of the team.

Moving forward. Should I reinstall kmd  and lightcoin but do it with the barterdex user that is created in the barterdex build instructions? Currently kmd and litecoin are installed on the default user account and the barterdex is installed on the barterdex account.

I also think the instructions for barterdex DID work, but not sure how to exactly determine that.
full member
Activity: 225
Merit: 100
--> "The beginning line for the dex install says '# as root'. I googled this and came up with (sudo -i)"
just for an easy reference anything that installs 'as root' (which is typical to much installations done on ubuntu) can be called as the command is stated simply with a "sudo" in front of it.
This is true for most cases, but not for all. The following will not work with just "sudo" in front of it:
Code:
echo "deb http://ftp.debian.org/debian/ sid main non-free contrib" >> /etc/apt/sources.list
The script was written with the intention to get BarterDEX installed quickly by just executing the commands as written there, without the need for too much explications.
BTW, when you order a server in a datacenter they will very likely send you login credentials for user root, so you get a server with a minimal linux installation and without any users configured, so you will always start with a ssh session as root. If you then follow the script line by line, it fits perfectly (assuming it is debian 9, ubuntu has slightly different package names, other versions and so on)

-> "The other question I had about the install was the switching to barterdex user at the end of that section. When installing the marketmaker section, this is installed under the barterdex user. I assume this is correct? It also appears these instructions will install bitcoin (which i didn't do) under the barterdex user. Should I be installing all coins including kmd with barterdex user?"
this part was interesting also, when I did the Lp setup I just used the same user but perhaps using a specific user to barterdex grants needed privs and securities (?) I just started with the new install instructions and got so far as creating the user installing the tools again.. to answer your question though it seems to make good sense that any coins you are using are installed into that users account otherwise the tools may have permission problems when attempting to access the blockchains .. So I would assume to install and run everything under the same user.
edit: actually I think I am wrong here as the komodod and bitcoind are communicating through rpc calls not the user accounts.. my blockchains are already synced with a different user account that 'owns' them so now I am trying to I guess change permissions so the other user can read the blockchains then run the komodod and bitcoind with the barterdex user.. this should work, will right back
marketmaker communicates with the wallets through rpc-calls, it is not touching the blockchain files, but to be able to do this it has to read the config of the wallet to get the correct rpcuser and rpcpassword from there. This means that marketmaker (BarterDEX) has to run under the same user as the wallets.

yes, I am remembering now. I had some difficulties not realizing that marketmaker was using the config files to get the rpc infos the first time I installed these..  However, I think I am in disagree as to the only option being running from the same user. This would be the simple more obvious approach, everything in the same user account.  my system is already setup differently though so I made some adjustments to allow group permissions. that way the two users can both read/write to the files. anyways, not to overcomplexify what is already complex Smiley I still haven't done my first atomic swap but thats about to happen ..
hero member
Activity: 910
Merit: 1000
@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.




My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?

http://Https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system

Here you go. Im sure the code is in here. You can answer your own question as to how complex and innovative it is instead of letting others do the work for you. Please let us know what you find after digging through the code.

Hope that helps

I can't open the link!

I really can't understand the agenda of ka82 . He or she has been critical with Komodo platform ever since . Full of doubts are his questioning and skepticism is written all over his/her statement . URLs are simple but instead of correcting it he/she resort to the thread as if everything is wrong in komodo. It is so obvious that the link above was a typo . So lazy that is . Just relied on link without even checking if the URL syntax is correct.


I have no agenda...I'm just a pissed investor...I was bought into the Komodo's philosophy and idea of creating anaymous tokens and DEX and that they're doing something unique, etc etc...I started using their wallet in May, it worked fine for few times but then it kept giving errors and not getting logged in, so we were told to change some files in komodo to fix the glitches but it didn't help....I was glad that they created an app for the Legder Nano S so I tried to move out my coins from Agma to physical wallet, however it didn't show that my coins were transferred and the balance displayed incorrectly....I kept doing it for few days until I was able to move them all out to my physical wallet and kept it there until very recently...

then few weeks back I saw that in KMD website it was advertised that they have a BIG "announcement" and they put a count down in the site starting from 5 days....that certainly caused to hype the price to about $3.65......then it comes to the day of announcement which everyone knows how terrible it went...people try to justify the presentation by saying that they're tech people and they have their priorities set and the marketing wasn't part of their top priorities (then why wallets not working 100%?). Some also say that by the announcement they just wanted to give an update to their investors and supporters. If that's the case what was it about ALL this big show and count-down? it was just very immature & deceiving.

What you mentioned above and that I don't check the link to find the typo in the URL link is similar to the way Komodo team practices its developments...they build a wallet from the ground up but there's a minor tweak in it. They know how "easily" it can be fixed but they release their product to the public anyways, expecting everyone to know how they should run & fix the wallet!

So after 5 months that the wallets not working smoothly and after the announcement I think I should be very critical about their project so to understand whether I should keep the rest of my positions in KMD.


The team of Komodo has visions to enhance the industry of cryptos and blockchains. It is a very complex paradigm if you ask me as I have been a programmer all my career.  I would estimate the ecosystem of the project to be completed even in 3 to 4 years. You have only wanted to invest in short term that is why you are pissed. Go to Dogecoin instead where regular P&D happened. If you are really savvy investor on exchanges go ahead maybe you can earn more but not with Komodo platform in short term. If and when sidechains are starting to pop up then that is really the time it will have a strong run but for now its accumulation period for us believers.
full member
Activity: 225
Merit: 100
@ka82 you should be aware that most projects take at least 18 months to sort out wallet issues, so things are on track here. Just sit back and enjoy the Fanboy floor show raving about how much Kmd is going to be

worth and how this is bigger than Ben-Hur.

Cheers Jon  Wink

Bender fan?

Big Time......Byte my shiny metal ass!!

Cheers Jon  Grin

got one word for you buddy: pathetic.

your intentions are obvious I am sure the people you work for are scared for the better coin to win. oh so obvious. nothing but a unintelligible shitstream of spew from your posts. it's about time somebody called you out directly. maybe you can post with your fake accounts instead.

"cheers"
@awill333  I just love being called out by a Fanboy with so few posts. I work for myself I'm 58yrs old and have enough life experience to call it as I see it. I've been involved

in many of jl777 projects as an investor over the last 3yrs........the song remains the same, invest in this great idea, before that project is complete there is another project.

Someone or something lets the project down e.g http://www.jl777.org/ has been abandoned: Supernet got left behind because NEXT changed direction: Komodo website

down for months because the sites Dev's fucked off with the keys. Pangea has been in development since November 2014. And  the classic "I'm just a simple c programmer

and can't do GUI"

So please forgive me If I don't invest in Komodo. I just keep an eye on this thread hoping that there will be a wallet update that allows me to bring all of the Jl777 assets etc

that I already own into one place for the purpose of liquidation.

Cheers Jon   Wink

Edit: I do not intend to insult James. I do not doubt his honesty ...I just think too many good ideas not enough time to finish them

seems like this is the first post I have observed from your account with some actual content, so I will reply as it is directed at least in part, at myself. the word fanboy seems to be almost insulting, and since I wouldnt call myself that, I will disagree with your terminology. however, I do support the komodo project that is true. I traded all of my crypto for KMD when I learned about it.

if you would like an explain of my harsh criticism it is a result of reading many of your posts in more than one thread by the way. i was on zcoin thread before when my investment was in zcoin. of course it's likely you a right to complain over there, their wallet lost 50 of my coins.

still though, you always seem to chime in with a snide comment that really has no content. how is it helpful for you to achieve a wallet to liquidate your funds by the continuous stream of snide comments (with no other content?) this is what I am wondering. while zcoin did infuriate me with their lack of support for my issue, I did write one or two more posts and since, you haven't seen me over there talking sh*t. because it serves no function other than attempts to discredit their work.

my opinion about the work is that is will either credit to itself or discredit itself one way or the other. the snide comments don't help anything and just appear as fodder distracting the thread from any actual function other than irritable and self-entitled people to vent their frustrations.

since komodo is only about a year old since offered, they seem to be in a more advanced position with all of their tek than any of the others can think to compare. from my observation of the content output from the dev jl777, this character seems far from "simple" .. actually the work appears to be very complex. and since you don't appear to be a programmer yourself, your critique of the work has limited merit.

in the spirit of good vibes, I wish the best. but really, your comments don't help anything. the only cause you could be working towards with the continuous criticism is the attempted lowering of the market value. that's how it looks from here. and since I am holding plenty of komodo, I feel compelled to criticize the critic. unless of course the criticism has actual content that is in some way helpful to raise awareness or move the project forward. 
full member
Activity: 183
Merit: 100
@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.




My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?

http://Https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system

Here you go. Im sure the code is in here. You can answer your own question as to how complex and innovative it is instead of letting others do the work for you. Please let us know what you find after digging through the code.

Hope that helps

I can't open the link!

I really can't understand the agenda of ka82 . He or she has been critical with Komodo platform ever since . Full of doubts are his questioning and skepticism is written all over his/her statement . URLs are simple but instead of correcting it he/she resort to the thread as if everything is wrong in komodo. It is so obvious that the link above was a typo . So lazy that is . Just relied on link without even checking if the URL syntax is correct.


I have no agenda...I'm just a pissed investor...I was bought into the Komodo's philosophy and idea of creating anaymous tokens and DEX and that they're doing something unique, etc etc...I started using their wallet in May, it worked fine for few times but then it kept giving errors and not getting logged in, so we were told to change some files in komodo to fix the glitches but it didn't help....I was glad that they created an app for the Legder Nano S so I tried to move out my coins from Agma to physical wallet, however it didn't show that my coins were transferred and the balance displayed incorrectly....I kept doing it for few days until I was able to move them all out to my physical wallet and kept it there until very recently...

then few weeks back I saw that in KMD website it was advertised that they have a BIG "announcement" and they put a count down in the site starting from 5 days....that certainly caused to hype the price to about $3.65......then it comes to the day of announcement which everyone knows how terrible it went...people try to justify the presentation by saying that they're tech people and they have their priorities set and the marketing wasn't part of their top priorities (then why wallets not working 100%?). Some also say that by the announcement they just wanted to give an update to their investors and supporters. If that's the case what was it about ALL this big show and count-down? it was just very immature & deceiving.

What you mentioned above and that I don't check the link to find the typo in the URL link is similar to the way Komodo team practices its developments...they build a wallet from the ground up but there's a minor tweak in it. They know how "easily" it can be fixed but they release their product to the public anyways, expecting everyone to know how they should run & fix the wallet!

So after 5 months that the wallets not working smoothly and after the announcement I think I should be very critical about their project so to understand whether I should keep the rest of my positions in KMD.
newbie
Activity: 63
Merit: 0
OMG, sorry I fucked up the link. Copy paste on an iPad sux.
sr. member
Activity: 268
Merit: 250
Komodo announces 5 major developements underway:
  • decentralized ICOs
    monaize
    atomic swaps
    bitcoin tumbler
    scalability solution

Additionally, the Komodo Platform announced a new release for their multi-coin wallet Agama is around the corner.

More info: https://www.cryptoninjas.net/2017/09/13/blockchain-platform-komodo-introduces-decentralized-icos-major-developments-underway/

This is a lot of good news and progress..

When ALTS sentiment changes KMD will be well above the past ATH.
hero member
Activity: 910
Merit: 1000
@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.




My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?

http://Https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system

Here you go. Im sure the code is in here. You can answer your own question as to how complex and innovative it is instead of letting others do the work for you. Please let us know what you find after digging through the code.

Hope that helps

I can't open the link!

I really can't understand the agenda of ka82 . He or she has been critical with Komodo platform ever since . Full of doubts are his questioning and skepticism is written all over his/her statement . URLs are simple but instead of correcting it he/she resort to the thread as if everything is wrong in komodo. It is so obvious that the link above was a typo . So lazy that is . Just relied on link without even checking if the URL syntax is correct.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.



My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?

http://Https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system

Here you go. Im sure the code is in here. You can answer your own question as to how complex and innovative it is instead of letting others do the work for you. Please let us know what you find after digging through the code.

Hope that helps

I can't open the link!


For whatever reason, when you click on it to copy it to the browser, the ":" in Https:// is missing. Insert the ":" and it will work. Fixed below:

https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system
full member
Activity: 183
Merit: 100
@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.



My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?

http://Https://github.com/SuperNETorg/komodo/wiki/Setting-up-Liquidity-Provider-(LP)-Node#installing-liquidity-provider-lp-node-on-ubuntudebian-system

Here you go. Im sure the code is in here. You can answer your own question as to how complex and innovative it is instead of letting others do the work for you. Please let us know what you find after digging through the code.

Hope that helps

I can't open the link!
full member
Activity: 224
Merit: 100
I did not like the timer news style KMD used, but in other side i think KMD tried to deliver a message, the message was "we have people who believe in us" and it delivered successfully.
a lot of other coins can not get 100k$ volume even with the biggest news announce  Cheesy
full member
Activity: 196
Merit: 100
Landed here from the BitcoinDark thread. Anybody willing to save me from reading 600 pages and tell me what else I need to know besides the 1st and the last 2 pages? :-)
This looks so way ahead of some/many current/recent ICO's or am I mistaken there?
newbie
Activity: 72
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Retention is the new acquisition. Customer service is the new marketing policy which Komodo follows at best.
member
Activity: 130
Merit: 11
This leads me to a question I left unasked. What is the importance of the rpcuser name and password? Should it be the same for everycoin setup with barterdex?

No, it does not have to be the same, it is even better when it is not the same, just to avoid some problems when you misconfigure something.

It works like this:
1. you set rpcuser and rpcpassword in the config file of the wallet and start the wallet (you can set it to whatever you wish, e.g. using random values)
2. you start marketmaker (by calling ./client in the iguana/dexscripts directory)
3. marketmaker reads a config file named "coins" in the same directory, where it gets the correct rpcport and the correct config-file-path (where you set rpcuser and password) for every coin
4. marketmaker connects to the rpcport of the respective coin using the rpcuser and password he previously read from the config-file of the coin
full member
Activity: 476
Merit: 133
--> "The beginning line for the dex install says '# as root'. I googled this and came up with (sudo -i)"
just for an easy reference anything that installs 'as root' (which is typical to much installations done on ubuntu) can be called as the command is stated simply with a "sudo" in front of it.
This is true for most cases, but not for all. The following will not work with just "sudo" in front of it:
Code:
echo "deb http://ftp.debian.org/debian/ sid main non-free contrib" >> /etc/apt/sources.list
The script was written with the intention to get BarterDEX installed quickly by just executing the commands as written there, without the need for too much explications.
BTW, when you order a server in a datacenter they will very likely send you login credentials for user root, so you get a server with a minimal linux installation and without any users configured, so you will always start with a ssh session as root. If you then follow the script line by line, it fits perfectly (assuming it is debian 9, ubuntu has slightly different package names, other versions and so on)

-> "The other question I had about the install was the switching to barterdex user at the end of that section. When installing the marketmaker section, this is installed under the barterdex user. I assume this is correct? It also appears these instructions will install bitcoin (which i didn't do) under the barterdex user. Should I be installing all coins including kmd with barterdex user?"
this part was interesting also, when I did the Lp setup I just used the same user but perhaps using a specific user to barterdex grants needed privs and securities (?) I just started with the new install instructions and got so far as creating the user installing the tools again.. to answer your question though it seems to make good sense that any coins you are using are installed into that users account otherwise the tools may have permission problems when attempting to access the blockchains .. So I would assume to install and run everything under the same user.
edit: actually I think I am wrong here as the komodod and bitcoind are communicating through rpc calls not the user accounts.. my blockchains are already synced with a different user account that 'owns' them so now I am trying to I guess change permissions so the other user can read the blockchains then run the komodod and bitcoind with the barterdex user.. this should work, will right back
marketmaker communicates with the wallets through rpc-calls, it is not touching the blockchain files, but to be able to do this it has to read the config of the wallet to get the correct rpcuser and rpcpassword from there. This means that marketmaker (BarterDEX) has to run under the same user as the wallets.

This leads me to a question I left unasked. What is the importance of the rpcuser name and password? Should it be the same for everycoin setup with barterdex?
no. use decent passwords, just a good habit. you wont ever need to type it in and barterDEX extracts it but it protects from external websites that could be setup to issue remote rpc calls via spoofing
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@ka82

We have already established that the barterdex is allowing coin to coin atomic swaps

The liquidity multiplier is a feature allowing for extra degrees of trading freedom.

I believe your point is that because of the opensource nature of code and ideas anyone can implement this, therefore nothing special.

While maybe this is true, it fails to take into account the view of the larger picture. The whole of supernet is a suite of tools. Liquidity multiplier is a very powerful tool. Atomic exchange is a very powerful tool. Jumblr is a very powerful tool. Kmd, assetchains, chips, etc, are powerful tools. The system benefits from these powerful tools.

Liquidity multiplier is special because it makes all of the other tools more powerful. It gets extra points for being a feature almost no exchanges use.

If some other project decides that it is a great idea and uses a liquidity multiplier then everyone still benefits. The goal has never been to fight against ourselves to see who has the highest market cap.



My question on liquidity multiplier (LM) was about the technical implementation of its algorithm. Since jl777 is saying that komodo offers LM which others don't, I wanted to see how innovative and complex it is?
LM is a differentiator against central exchanges and a lot of the other DEXs. Ripple has a liquidity illusion as last I checked you didnt need to even fund any bid or ask.

You say that it is just one if statement... Well, not sure if you ever wrote any programs, but you would need to use a very high level language that could implement LM with one if statement. If it is so easy to do, then why dont any central exchanges have LM? It would be in their interest as they would be able to get more commissions. Yet, not a single one does it. Probably because it is a lot more work than one if statement.

Also, you are comparing the proxy token DEX with atomic swap DEX. That is like comparing something that moves things around inside of a single system against something that moves things between different systems. Not sure how I can explain it clearly... Since you dont trust my technical skills, why dont you ask other devs how easy it is to make an atomic DEX? Other DEX devs are acknowledging barterDEX https://z.cash/blog/atomic-trades.html but again that is probably not relevant to you.

Now if all exchanges implemented LM, then we are all better off and that is not a bad thing. I have been too busy working on my tech that I havent had a chance to investigate the other DEX at a detailed level. Could they all implement LM, probably given time, unless they designed their system around the concept of allocating account balances to trades so deeply that it would need to be rewritten. LM is easier to do for a DEX than for a central exchange. I will let you think about why that is, maybe you will start to appreciate my skills a bit more for having understood this.

Also with an if statement, XOR and data load/store it is possible to create a turing machine and that means any program. So to say that something is just an if statement... well most all software is just some if statements with a bit of math and loading and storing data. It is like saying that no book can be hard to write as it is just some words.

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