[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 59.

pham42760

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Quote from: yurimir on August 10, 2018, 09:11:04 AM

Komodo. 1 million transactions per second. Daniel Pigeon, interview.

Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...

https://i.imgur.com/brXDiwM.png

Very impressive figures from KOMODO network's performance!
The project has had great capabity to process massive transactions almost instantly via its top-notch blockchain-based technology.

ComputerGenie

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Retired IRCX God

Quote from: markovonline on August 10, 2018, 05:33:17 PM

...People today in the detachment are not interested in technology itself, but in making money with it...

Literally everything that is wrong in the crypto space right now. Cry

markovonline

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Quote from: Tarek4080 on August 10, 2018, 01:48:03 PM

How does Komodo work:-

dPoW secured Blockchain projects are like highways and built on the Komodo platform. These projects are fully independent with Lightning fast transaction speeds (within seconds), no point of failures, no traffic jams, unlike projects that are build on an Ethereum-based ERC20 token.

When a picture speaks a thousand words

But at the moment until the collection of money for new projects go without a komodo, then it will be less popular. People today in the detachment are not interested in technology itself, but in making money with it. And for this reason, such projects as a komodo do not stand in the first places for investment.

ComputerGenie

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Retired IRCX God

Quote from: Mr_Burst on August 10, 2018, 03:30:55 PM

What is the relationship between the Komodo coin and the decentralized exchange?
Or in other words - what will determine the demand for KMD?
Huh

Why does/would one of those things have to do with the other? Komodo creates the demand for Komodo, with or without BarterDEX even existing.

polycryptoblog

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Quote from: Mr_Burst on August 10, 2018, 03:30:55 PM

What is the relationship between the Komodo coin and the decentralized exchange?
Or in other words - what will determine the demand for KMD?
Huh

Komodo is used to enable speed trading mode on dex. Additionally fees to dex and related asset holders get paid in kmd . Other demand generators are delayed proof of work, Jumblr and eventually MoMoM

polycryptoblog

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Quote from: BitcoinArsenal on August 10, 2018, 09:41:19 AM

Quote from: yurimir on August 10, 2018, 09:11:04 AM

Komodo. 1 million transactions per second. Daniel Pigeon, interview.

Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...

One question about writing a snapshot to the Bitcoin Blockchain. I try to understand the principle. The more transactions Komodo has, the more information must be written to the Bitcoin Blockchain, right? The more information the more expensive is the writing into BTC ledger. Who pays this? If this is paid with the Komodo fees, then, Komodo fees must first be exchanged for Bitcoin, right? How does it happen and how does the process work?

More people notarizing to KMD doesn't increase amount of data stored on btc. The ICO funds are used to do the notarization onto bitcoin.

Mr_Burst

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What is the relationship between the Komodo coin and the decentralized exchange?
Or in other words - what will determine the demand for KMD?
Huh

FrozenChaos

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Quote from: BitcoinArsenal on August 10, 2018, 09:41:19 AM

Quote from: yurimir on August 10, 2018, 09:11:04 AM

Komodo. 1 million transactions per second. Daniel Pigeon, interview.

Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...

One question about writing a snapshot to the Bitcoin Blockchain. I try to understand the principle. The more transactions Komodo has, the more information must be written to the Bitcoin Blockchain, right? The more information the more expensive is the writing into BTC ledger. Who pays this? If this is paid with the Komodo fees, then, Komodo fees must first be exchanged for Bitcoin, right? How does it happen and how does the process work?

Komodo has a war-chest of Bitcoin from their ICO. Last I checked given current tx fees, they could notarize for more than 50 years...

Tarek4080

member

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How does Komodo work:-

dPoW secured Blockchain projects are like highways and built on the Komodo platform. These projects are fully independent with Lightning fast transaction speeds (within seconds), no point of failures, no traffic jams, unlike projects that are build on an Ethereum-based ERC20 token.

When a picture speaks a thousand words

Tarek4080

member

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i think when the smart contracts on komodo are ready it mught be very good to build something like cryptokitties to show that congestoin is not a problem for komodo, is that going to be possible does komodo have the erc72?1

lite

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Quote from: BitcoinArsenal on August 10, 2018, 09:41:19 AM

Quote from: yurimir on August 10, 2018, 09:11:04 AM

Komodo. 1 million transactions per second. Daniel Pigeon, interview.

Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...

One question about writing a snapshot to the Bitcoin Blockchain. I try to understand the principle. The more transactions Komodo has, the more information must be written to the Bitcoin Blockchain, right? The more information the more expensive is the writing into BTC ledger. Who pays this? If this is paid with the Komodo fees, then, Komodo fees must first be exchanged for Bitcoin, right? How does it happen and how does the process work?

Those who are running/managing a notary node are allowed to mine KMD blocks easily as an incentive for managing the notary node, you can read more about it here[1].

[1] https://komodoplatform.com/2018-notary-node-elections/

BitcoinArsenal

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Quote from: yurimir on August 10, 2018, 09:11:04 AM

Komodo. 1 million transactions per second. Daniel Pigeon, interview.

Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...

One question about writing a snapshot to the Bitcoin Blockchain. I try to understand the principle. The more transactions Komodo has, the more information must be written to the Bitcoin Blockchain, right? The more information the more expensive is the writing into BTC ledger. Who pays this? If this is paid with the Komodo fees, then, Komodo fees must first be exchanged for Bitcoin, right? How does it happen and how does the process work?

yurimir

legendary

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Komodo. 1 million transactions per second. Daniel Pigeon, interview.

Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...

manipurkatv

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Staker.network - POS Smart Contract ETH Token

Quote from: KYBORG11111 on August 09, 2018, 12:14:55 PM

And the Komodo project is really good, in all respects in a very short time I think it will take its top place on the podium. I bought coins recently, hope it will be a good investment.

Yes, I heard that you need to keep on your wallet more than 500 KMD .
Soon you will receive coins ZILLA.
I also decided to buy some of these coins. Here we will soon fly to the moon )

KYBORG11111

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And the Komodo project is really good, in all respects in a very short time I think it will take its top place on the podium. I bought coins recently, hope it will be a good investment.

ERossin

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The World’s First Blockchain Core

Quote from: BitcoinArsenal on August 09, 2018, 09:25:20 AM

Quote from: KomodoPlatform on August 05, 2018, 04:36:28 PM

Why Investors Should Pay Attention to Komodo (KMD).

"First off, Komodo claims to be compatible with any of the popular programming languages, meaning smart contracts can be written in Python, PHP, Ruby, Pearl, Go and TCL. Front end web support is also catered for with JavaScript, CSS, HTML, and XML options available."

How is this section to be understood in the article? Is Komodo platform already smart contracts ready or is this just a preview of what Komodo's smart contracts feature will be able to do in the future?

I think They are possible to be ready for smart contracts on KMD platform so this article saying "Why Investors Should Pay Attention to Komodo (KMD)?"
Maybe KMD platform will be a new revolution of crypto technology next year.

BitcoinArsenal

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Quote from: KomodoPlatform on August 05, 2018, 04:36:28 PM

Why Investors Should Pay Attention to Komodo (KMD).

"First off, Komodo claims to be compatible with any of the popular programming languages, meaning smart contracts can be written in Python, PHP, Ruby, Pearl, Go and TCL. Front end web support is also catered for with JavaScript, CSS, HTML, and XML options available."

How is this section to be understood in the article? Is Komodo platform already smart contracts ready or is this just a preview of what Komodo's smart contracts feature will be able to do in the future?

_shnu

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https://twitter.com/_shnu/status/1027493925102264320

Danimore

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The World’s First Blockchain Core

Quote from: KomodoPlatform on August 07, 2018, 10:55:28 AM

Komodo Platform To Activate Updates To Blockchain At Block 1 Million.

That's an awesome news . This is a major competitor in the future cryptoworld and KMD platform will draw attention to all users and the cryptocurrency community.

KomodoPlatform

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Set Your Ideas Free

How to Claim 5% Komodo Reward Using Ledger Hardware Wallet and Agama.

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