Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 63. (Read 1192052 times)

I agree, I believe as time goes by, the design will be more user friendly and intuitive as well as improved market maker. Like IBM came up with smartphone in 1995, but Apple made it big because of their intuitive design. Also KMD is welcoming any third party designer to design a better DEX interface. I think there is a bounty for that.  

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Using barterDEX is not for a novice like me. If ever there are ICOs on komodo platform, it is really advantage to have a dico wallet rather using barterDEX like EQL did as coin offering interface. From my experience, my kmd did not execute the atomic swap via barterDEX to turn it into equivalent EQL during the its ICO.

... However HyperDEX communicates in a much more optimised way which should result in updates from marketmaker being rendered much quicker (almost realtime) compared to BarterDEX GUI..

@smellycouch All good questions.

How fast is hyperdex compared to barterdex?
The HyperDEX GUI and BarterDEX GUI are purely GUI implementations over the marketmaker daemon. They both use the same underlying library to interface with the BarterDEX network. So actual real performance should be the same. However HyperDEX communicates in a much more optimised way which should result in updates from marketmaker being rendered much quicker (almost realtime) compared to BarterDEX GUI.

How long does it take to complete a trade with btc?
Currently, while we're in alpha it's hardcoded to require 1 conf for each tx on each chain. There are 5 steps to the atomic swap protocol from Alices perspective so it's roughly (alicecoin blocktime * 2) + (bobcoin blocktime * 3). So if Alice coin is BTC (10 min blocktime) and Bob coin is KMD (1 min block time) you should expect the entire trade to take around 23 minutes.

Obviously 1 conf for all coins regardless fo hashrate is not very secure, it just makes testing easier while we're in alpha. We will change these to more sensible values and allow users to override them with their own in the future.

We are also looking into implementing secure 0-conf swaps which will allow you to make any trade regardless of blocktime in a matter of seconds. 0-conf is secured by requiring both parties lock up collateral which will be confiscated in the event anything goes wrong.

Block.one is doing a great marketing job. If BarterDEX had some PR and more liquidity KMD could really rise. The community is really ready to leave the centralized exchanges.. I am huobi for example has a 100 EOS min withdrawal. They are trying to hold user tokens hostage.

I agree with your suggestion that KOMODO team should open promotional campaigns to help make BarteDEX and the project more popular.

If the 2 of you think that lack of marketing is "killing the spirit of the platform", then you have no clue what "the spirit of the platform" is!

Kucoin was flooded with bots,  unfortunately I do not know how to make telegram bots.   Future of Komodo will be based on usage.  For the next two years it's time to build the base,  after the next btc halving the real game begins.

If the 2 of you think that lack of marketing is "killing the spirit of the platform", then you have no clue what "the spirit of the platform" is!

I agree 100%

I know I have posted here and sometimes fight with the genie but I truly love this project. Sometimes i start a battle with the genie and others just
to get what you said across. some call it fud but i call it a strategy for engagement...especially when i am heavily invested in kmd

There is no active PR team who raise awareness about this innovation and that lack of marketing and communication is killing the spirit of this platform. I also agreed with you this platform is more secure but it is not easy for a common man to launch its dapps. Dev team have to do more hard work to make it flexible network and attract big projects to start their business on this platform.