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what does it mean $ stable? I don't want KMD to be stable lol, i want volatility to the upside.
It means you can transfer KMD into USD automatically & instantly. The decentralized price feed is maintained by the notary node network, raw prices come from European Central Bank & Bitcoin exchange APIs. A new raw price point is being recorded to Komodo blockchain by the notary node that finds the new block.
White paper incoming, currently final editing is being done.
I've been in the exodus.io slack channel, they are doing a good job, but if there's something that I learn there is that you can't add a ton of cryptos to a multicurrency wallet without expecting to have tons of problems and bugs. You have to take the slow but steady approach, first add the most used coins and expand from there. If not, ask the jaxx.io guys why they ended up taking out monero because of the problems that users were experiencing. You can't just open to the public a multicurrency wallet with lots of cryptos that are buggy, what kind of approach you guys will take? Slow but steady? or all currencies the first release of the wallet and lots of work for problems solving..?
We have built a new Bitcoin protocol called 'Iguana Core' which we can use to import any pure bitcoin fork coin into our multiwallet, and they will work with the same API commands. The hard work has already been done by jl777, and adding new bitcoincompatible coins is not a problem.
However, a lot of coins considered as bitcoin compatible have added a lot of new code on top, and thus require a lot of extra work. All in all the situation is not so clear.
So yes, we will have to add new coins slowly - and right now we are mainly focusing on delivering the basic/functional product.
