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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 711. (Read 1191996 times)

hero member
Activity: 854
Merit: 501
Soooo... Will Komodo be tradable on any exchanges any time soon? If not can I have my Bitcoin back? Lol
ahahaha, for sure will be .

 you will sell now , your btc for fiat?
legendary
Activity: 1540
Merit: 1002
Soooo... Will Komodo be tradable on any exchanges any time soon? If not can I have my Bitcoin back? Lol
legendary
Activity: 2156
Merit: 1070
Who is the developer specifically working on integrating BTCD deposits into the wallet?
 
hero member
Activity: 518
Merit: 500


You don't need to keep the wallet open, just open it once in a while to get the stake revenue. Of course if you keep it always open it helps the network

Ok thanks and I will try to leave it open to help the network then.
sr. member
Activity: 391
Merit: 250
This bitcoin rally is looking really good.  This is the kind of momentum that Komodo could really use, both for exposure and for market value.  But hoping everything will be ready before it's too late and bitcoin profits go into other projects/coins instead.
legendary
Activity: 1540
Merit: 1000

BTCD is also proof of stake!!  Cool
Your extraction Btcd depend how much stack you have!! Smiley

Ok that's what I was thinking.  So how often is the "mining" distribution done and do I need to keep the wallet open or no?


You don't need to keep the wallet open, just open it once in a while to get the stake revenue. Of course if you keep it always open it helps the network
Thanks for help and your precision!! Smiley

For me i open wallet every days!!  Grin
hero member
Activity: 515
Merit: 502

BTCD is also proof of stake!!  Cool
Your extraction Btcd depend how much stack you have!! Smiley

Ok that's what I was thinking.  So how often is the "mining" distribution done and do I need to keep the wallet open or no?


You don't need to keep the wallet open, just open it once in a while to get the stake revenue. Of course if you keep it always open it helps the network
hero member
Activity: 924
Merit: 1000
Decentralised Amazon & ICO Hub
When distribution this coin?
hero member
Activity: 518
Merit: 500
BTCD is also proof of stake!!  Cool
Your extraction Btcd depend how much stack you have!! Smiley

Ok that's what I was thinking.  So how often is the "mining" distribution done and do I need to keep the wallet open or no?
sr. member
Activity: 420
Merit: 250
AKA RJF - Since '14 - On line since '84
Komodo has been a botch made by a scamartist and it does not deserve to continue living. What could be worse than this?

Answer: Tarz
sr. member
Activity: 383
Merit: 252
When will it be possible to deposit some btcd on komodo ico website ?!

When everything is ready we will make an announcement here   as well as  on various other channels  like Twitter and FB as well as in our newsletter.
sr. member
Activity: 473
Merit: 250
When will it be possible to deposit some btcd on komodo ico website ?!
rnr
sr. member
Activity: 247
Merit: 250
full member
Activity: 237
Merit: 110
Komodo has been a botch made by a scamartist and it does not deserve to continue living. What could be worse than this?
newbie
Activity: 15
Merit: 0
I finally took the time to look at a chart of BTCD in USD and actually has been trending upwards since the dip at the beginning of August.   But the price is actually the highest it has been since October of 2014...so a 27 month high.

https://imgur.com/a/bia4u

I think I'm buying some more.
it does look like quite a bullish pattern in terms of USD.

considering BTC is up to $1000+ from a low below $200 and BTCD price in BTC is still close to historical average is quite a strong sign.

While we all (myself included) patiently wait for the snapshot, elections, swap to begin, the komodod has reached a point of feature complete and in the validation stage. With the dPoW, assetchains, pax and DEX features it is quite a list to complete, but I am optimistic it will be achieved before the end of elections.

I am now coding LP node features, which are not a komodod hardfork even if it needs to be changed, so out of the territory that would incur delays for mainnet.

Which means I seem to be out of the critical path and am able to reduce my hours from the 16 hours per day * 7 days per week marathon in 2017. It has been a long stretch of nonstop coding and there is still work to be done, but the overall solution is in place and further work is about enhancing the basic system.

This reduction of reliance on me is a good thing, both for me and for komodo and SuperNET. After mainnet release, I might even take a short vacation.

If you want to track our usage of ICO funds, just follow the ICO BTC address. So far we have withdrawn a bit more than 60 BTC for monthly expenses. Our monthly expenses will be higher at first due to the development costs that are frontloaded and also without a KMD market, we need to spend the BTC instead of using KMD or pax fiat. As we get a KMD market, the pressure on our BTC expenditures will lessen as most of our expenses are denominated in fiat and if we can use pax fiat for that, it wont consume BTC.

make sure Komodo coin i a Great success...

1. Make sure the platform easy to use and as a professional look.

i personnaly think front-end is important as much as the technical part of the coding...
Really for cryptocoins it is really important !!! Roll Eyes
2. it's not only about coding, most of people don't even know what bitcoin is...
3. Even for people that invest in bitcoin Crypto universe...
 most of people still don't know how to mine coins...
4. Make sure it work in all the languages... so use website tool like google translator a currency is really an international thing...
5. do a great wallet page like ethereum. myetherwallet
6. fix all the glitches and bugs before the launch
after all the stresstest...
7 make it easy to mine... for anyone who is new to Crypto also release a video how to mine even if it look like it easy show your really deploy

When Done...it will make a strong currency,fast and efficient.
8.try to release 3 videos:

Promotions video with main Features for new crypto newbie,educationnal,and also one with technical with statistics...for Crypto enthusiast

a all the advantage of Komodo coin.
b how to mine the komodo coins
c how tu use the coins properly:backup wallet,security features etc.

when all this checklist is done...
9.One final thing Cheesy hire independant company and consult imminent cryptographs to test and give bounty to people that can find Bugs

10.Finally to show ur really a Big competitor to Zcash launch the coin with 10 days countdown like they did on Poloniex.
Launch on many exchanges at the same time like Poloniex,Bittrex,a chinese exchange and 1 major exchange like bitfinex or gemini or coinbase

Martin B.
legendary
Activity: 1540
Merit: 1000
So I bought some BTCD in anticipation of the upcoming KMD swap and I installed the BitcoinDark QT wallet.  

I noticed a few days ago on 12/30 that I had some additional BTCD in my transaction history that says were mined.   I didn't even know I was mining BTCD and is this something that is done when BitcoinDark QT wallet is open and running or is it just done automatically and the wallet doesn't have to be open?   Thanks for any help and answers.
BTCD is also proof of stake!!  Cool
Your extraction Btcd depend how much stack you have!! Smiley
hero member
Activity: 518
Merit: 500
So I bought some BTCD in anticipation of the upcoming KMD swap and I installed the BitcoinDark QT wallet. 

I noticed a few days ago on 12/30 that I had some additional BTCD in my transaction history that says were mined.   I didn't even know I was mining BTCD and is this something that is done when BitcoinDark QT wallet is open and running or is it just done automatically and the wallet doesn't have to be open?   Thanks for any help and answers.
hero member
Activity: 518
Merit: 500
How about the distribution and elections for KMD?
I'm waiting for nearly 2 months but there isn't any notice about this?
Please tell me when KMD can be distributed or elected? do not say it will or it's possible..
Thank you.

Just read the last 3 or 4 pages of this thread and your question has been answered 10 times.
hero member
Activity: 1148
Merit: 512
How about the distribution and elections for KMD?
I'm waiting for nearly 2 months but there isn't any notice about this?
Please tell me when KMD can be distributed or elected? do not say it will or it's possible..
Thank you.
sr. member
Activity: 383
Merit: 252
I do not understand why u go through all the hustle of reviving an old broken coin as BTCD to implement into your ICO page
i know u wanna get the funds but still
isnt that asking for a ton of trouble
(dealing with some other coin and blockchain - keeping that alive)
specially as u said 1 year open for exchange to KMD

honestly this totally sucks for ICO investors , as i invested in KMD and NOT in BTCD

and then with that BTCD deal - ICO BTC investors are getting screwed as the BTCD exchange rate is better by now than the initial KMD ico with BTC

can i please get some clarifications
tx


BTCD was originally to be the backbone coin of the SuperNET ecosystem,  however it was decided to create a new coin  by forking Zcash thereby creating Komodo.   In fairness to the BTCD investors who were backing the project for years a swap rate based on an average monthly high was devised and BTCD was pegged to that,    Revshare promised to BTCD holders would passthrough to Komodo  and an additional bonus based on BTC raised was to be added to final swap price.

Who this system favored more was based on the amount raised in the ICO.    If the amount of BTC raised during the ICO was greater than BTCD's market cap,  then BTC would have been the better way to invest.   Since the amount raised though was substantially less than BTCD's market cap ,  BTCD is the better option to invest.


KEEP IN MIND:    There is approximately  1% of the BTCD supply available for sale  under the Komodo swap rate with a value of approximately 60BTC.   Even if someone bought all that was available on the market they still would have less than 1% of the KMD coin supply.   The available BTCD on exchanges is great for smaller investors and also allows people who missed the ICO to participate.    In no way though can the available BTCD on market provide someone who did not already invest during/pre-ICO   a substantial amount of coins.

It will also be interesting to see how much that is listed for sale now gets pulled when the BTCD swap is ready.

Most of the BTCD we expect to be swapped  shortly after the BTCD swap is live,   there will be no problem in keeping the blockchain up and running as no new development will be done on it. basically as long as people are running the qt  it will be live.
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