A small Q&A happened on #komodo channel few minutes ago.
Where do the PAX fiat assets get their price feed?
The price feed comes from notary nodes, which get it from ECB, with lots of processing to smooth the price out and prevent gaming of the price.
What are these fiat chains from a more technical perspective?
Fiat chains are specially enhanced chains as they have both the pricefeed and the decentralized gateway into and out of KMD.
In other words, they are zcash forks with dPoW, pricefeed and decentralized gateway into and out of KMD
Today komodod can spawn 4 types of blockchains:
1. KMD
2. assetchains without anything special
3. assetchains with dPoW
4. pax fiat chains
Currently we have 32 category 4 blockchains; jl777 is testing REVS which is category 3; kolo made a category 2 chain the other day
Over time there will be more types of komodo created chains.
Since the chains are Zcash forks, can you do a private EUR transaction, for example?
You can do a private tx, but we would lose explorers so lets wait until we get explorers that work with private tx first
Do you always have to get these fiat assets through KMD? i.e. do you need Komodo to get these assets.
Yes, they require KMD
What is ratification? Can we add new notaries with ratification?
Yes, new slate of notaries can be ratified by existing notaries. Jl777 is still working out the kinks of the consensus for ratificaiton.
Got further questions? Just join our Slack and ask away!
Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 760. (Read 1192344 times)
November 12, 2016, 03:31:29 PM
November 12, 2016, 02:23:58 PM
Best way to get extra coins is by buying BTCD coins
November 12, 2016, 02:08:24 PM
Newsletter #7: Komodo Analyzed by a 3rd Party, Radio Interview, and more!
Tweet : https://twitter.com/KomodoPlatform/status/797515062823026688
Reddit Komodo : https://www.reddit.com/r/komodoplatform/comments/5clve2/newsletter_7_komodo_analyzed_by_a_3rd_party_radio/
Facebook : https://www.facebook.com/KomodoPlatform/posts/362919034054674
News SuperNET : http://news.supernet.org/posts/TWAD2tP292EdcGpau/newsletter-7-komodo-analyzed-by-a-3rd-party-radio-interview
Reddit Komodo : https://www.reddit.com/r/komodoplatform/comments/5clve2/newsletter_7_komodo_analyzed_by_a_3rd_party_radio/
Facebook : https://www.facebook.com/KomodoPlatform/posts/362919034054674
News SuperNET : http://news.supernet.org/posts/TWAD2tP292EdcGpau/newsletter-7-komodo-analyzed-by-a-3rd-party-radio-interview
November 12, 2016, 01:51:00 PM
2427 BTC raised so far and one week left.
November 12, 2016, 12:52:45 PM
EasyDEX exchange is a grandma friendly simple exchange, like Shapeshift. We will also develop a fully featured trading environment called InstantDEX (for traders), but it will take a lot longer as it doesn't have a GUI team at this moment. EasyDEX will come first.
EDIT: Oh, and we will distribute the KMD coins ~2 weeks after the ICO.
EDIT: Oh, and we will distribute the KMD coins ~2 weeks after the ICO.
This sounds great. A Shapeshift competitor will be a good one + another exchange InstantDEX.
And grandmas will love it. I just hope you get more grandmas to use it.
November 12, 2016, 10:13:02 AM
24 hours left to receive a 5% bonus, be part of our ICO.
Tweet : https://twitter.com/KomodoPlatform/status/797456333737959425
Reddit : https://www.reddit.com/r/komodoplatform/comments/5ckqeh/24_hours_left_to_receive_a_5_bonus_be_part_of_our/
Facebook : https://www.facebook.com/KomodoPlatform/photos/a.330322533980991.1073741828.321638648182713/362837460729498/?type=3&theater
News SuperNET : http://news.supernet.org/posts/h3MwemqijDiZnTfWA/24-hours-left-to-receive-a-5-bonus-be-part-of-our-ico
Reddit : https://www.reddit.com/r/komodoplatform/comments/5ckqeh/24_hours_left_to_receive_a_5_bonus_be_part_of_our/
Facebook : https://www.facebook.com/KomodoPlatform/photos/a.330322533980991.1073741828.321638648182713/362837460729498/?type=3&theater
News SuperNET : http://news.supernet.org/posts/h3MwemqijDiZnTfWA/24-hours-left-to-receive-a-5-bonus-be-part-of-our-ico
November 12, 2016, 08:16:08 AM
How soon will Komodo be traded at EasyDEX? Have you started developing it already?
Will Komodo also be available to be traded at other exchanges? How long will after the ICO ends before the KMD tokens will be distributed to participants?
Will Komodo also be available to be traded at other exchanges? How long will after the ICO ends before the KMD tokens will be distributed to participants?
In a central exchange: we will inform the major exchanges about Komodo, but we cannot know when and if they will list us.
In a decentralized exchange: We are working hard so you could trade your precious KMD coins without any counterparty risk. But we cannot promise any specific date for this. We have however successfully conducted an atomic swap. For more info read our EasyDEX whitepaper.
- 3 months ago jl777 conducted an atomic swap through the command line: https://steemit.com/easydex/@jl777/easydex-test-run-automated-atomic-cross-chain-swap
- A week ago we published a whitepaper about the process: https://komodoplatform.com/dex-whitepaper/
- grewalsatinder is currently developing a GUI for it, called EasyDEX GUI
Our decentralized exchange has a long history, and now finally things are looking very good. We haven't announced any release date though. Satinder is working on other GUI's at the same time, such as the Komodo wallet (on another tab).
Today Satinder shared some new screenshots on Slack, here's one:
You will have an access to the EasyDEX exchange and to the Komodo wallet from the same GUI.
EasyDEX exchange is a grandma friendly simple exchange, like Shapeshift. We will also develop a fully featured trading environment called InstantDEX (for traders), but it will take a lot longer as it doesn't have a GUI team at this moment. EasyDEX will come first.
EDIT: Oh, and we will distribute the KMD coins ~2 weeks after the ICO.
November 12, 2016, 07:17:07 AM
Soon you will be able to trade Komodo at EasyDEX, our upcoming Decentralized Exchange! Whitepaper!!
Tweet : https://twitter.com/KomodoPlatform/status/797177129310060545
Reddit Komodo : https://www.reddit.com/r/komodoplatform/comments/5cgs7g/soon_you_will_be_able_to_trade_komodo_at_easydex/
Reddit Bitcoin : https://www.reddit.com/r/btc/comments/5cgs8r/soon_you_will_be_able_to_trade_komodo_at_easydex/
Reddit Cryptocurrency : https://www.reddit.com/r/CryptoCurrency/comments/5cgsbw/soon_you_will_be_able_to_trade_komodo_at_easydex/
Facebook : https://www.facebook.com/KomodoPlatform/posts/362495630763681
News SuperNET : http://news.supernet.org/posts/C9Au3FpzAAhyC6omC/trade-komodo-in-our-decentralized-exchange-read-whitepaper
Reddit Komodo : https://www.reddit.com/r/komodoplatform/comments/5cgs7g/soon_you_will_be_able_to_trade_komodo_at_easydex/
Reddit Bitcoin : https://www.reddit.com/r/btc/comments/5cgs8r/soon_you_will_be_able_to_trade_komodo_at_easydex/
Reddit Cryptocurrency : https://www.reddit.com/r/CryptoCurrency/comments/5cgsbw/soon_you_will_be_able_to_trade_komodo_at_easydex/
Facebook : https://www.facebook.com/KomodoPlatform/posts/362495630763681
News SuperNET : http://news.supernet.org/posts/C9Au3FpzAAhyC6omC/trade-komodo-in-our-decentralized-exchange-read-whitepaper
How soon will Komodo be traded at EasyDEX? Have you started developing it already?
Will Komodo also be available to be traded at other exchanges? How long will after the ICO ends before the KMD tokens will be distributed to participants?
November 12, 2016, 01:01:25 AM
How is this different from ZClassic?
I have not looked into Zclassic but from memory it is just the same without the 20% dev fee.
Komodo is using Zcash as the base for the anon functions, there is additional tech (iguana/dPoW/notary nodes) that are on top. Basically it is a combination of the best tech we current have and putting it all into a platform.
sr. member
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Earn bitcoins every hour, link below at signature.
November 11, 2016, 11:54:17 PM
How is this different from ZClassic?
November 11, 2016, 10:13:01 PM
ICO is on its last stretch . So I can't wait to have my tokens on my wallet . That's two weeks after ICO ends. Hopefully, the ICO target will be reached.
November 11, 2016, 06:02:28 PM
Please don't quote FUD or trolls. They love being repeated all the time. Just ignore and carry on. 
Keep the vide positive.
Keep the vide positive.
November 11, 2016, 05:53:57 PM
komodo will not be successful.
Care to give any reasons? maybe the only reason is that he is getting jealous! lol
@TrueAnon : dont be bitter, you can still follow and earn something...
keep up kmd, few days left!
November 11, 2016, 05:41:31 PM
I have read in previous posts that KOMODO will use the same parameters from the trusted setup like Zcash. Wouldn't it be better to generate our own trusted setup?
KOMODO will be a very well funded project and could gather some highly trusted people in a controlled environment to perform the trusted setup. This way it can differentiate itself from Zcash and also build credibility.
KOMODO will be a very well funded project and could gather some highly trusted people in a controlled environment to perform the trusted setup. This way it can differentiate itself from Zcash and also build credibility.
November 11, 2016, 05:17:10 PM
komodo will not be successful.
Care to give any reasons? unfortunately, trolls don't use reason...
November 11, 2016, 04:08:47 PM
komodo will not be successful.
If you don't believe in this project,you are free to keep away of it 
November 11, 2016, 03:57:15 PM
I wait with excitement. hope it will be lucrative.
November 11, 2016, 02:21:06 PM
Windows wallet to komodo avalible to download?
Are we going to have a web wallet?, that would be awesome.
Here's what the GUI developer Satinder answered a while back:
The EasyDEX-GUI is HTML code. Adjustable to all screens from Desktops, Tablets to Mobiles. EasyDEX-GUI is the front-end, user friendly view for end users.
The second part, and most important part is iguana core. iguana core is backend. It is the binary which provides backend APIs used by the front-end user interface EasyDEX-GUI.
iguana binary has been tested on Linux, OS X, Windows, and android in earlier versions of development. But, first we need to have iguana and Komodo to be on stable stages before we concentrate on mobile platforms. As we reach enough stable stages, a native iguana binary packaged for android app can be expected.
I am anyway also spending time in debugging iguana binary for android time to time and report back any bugs or errors found in android version to core developer (jl777). So, hopefully when the right time comes we make Android Mobile version of EasyDEX App without much difficulties.
In stages expect first Desktop wallets to be stable, and then tablet/mobile support to come afterwards.
Hope this clears.
Satinder
The second part, and most important part is iguana core. iguana core is backend. It is the binary which provides backend APIs used by the front-end user interface EasyDEX-GUI.
iguana binary has been tested on Linux, OS X, Windows, and android in earlier versions of development. But, first we need to have iguana and Komodo to be on stable stages before we concentrate on mobile platforms. As we reach enough stable stages, a native iguana binary packaged for android app can be expected.
I am anyway also spending time in debugging iguana binary for android time to time and report back any bugs or errors found in android version to core developer (jl777). So, hopefully when the right time comes we make Android Mobile version of EasyDEX App without much difficulties.
In stages expect first Desktop wallets to be stable, and then tablet/mobile support to come afterwards.
Hope this clears.
Satinder
I'm not 100% sure about the windows wallet status, but of course the wallet will be available on all platforms in time.
Sounds like he is saying we aren't at stable stages. So that would me, no, we don't have a easy to use wallet. Am I correct?
November 11, 2016, 02:11:14 PM
komodo will not be successful.
Care to give any reasons? Anyone can say anything.
I believe, for example, that Komodo will be a successss...
So what? Time will tell and we will be here to see it...
November 11, 2016, 01:28:17 PM
komodo will not be successful.
Care to give any reasons? Jump to: