The ability to protect a PoW operated crypto currency via notarization by Komodo has blown me away. Gamecredit took the bold step to incorporate Komodo's notarization to protect its network from double spend attacks that is rampant on PoW .
Understand I this is a historical moment one chain helping secure another chain. What is in it for Komodo? How much does it make off of notary as a service? This is a revenue generator for Komodo?
Notarization fees goto CRYPTO asset holders. Which gets paid out in KMD. Each chain that wants to use it needs 100ish KMD a year. Notaries do not make anything off the service except the transaction fees for the notarization. This is a "demand" generator , Komodo itself does not generate revenue, it services pay out to their respective asset holders.
In 2018, 10000 chains being secured by DPoW may seem ridiculous, but if the rate of growth of blockchain usage continues the way it has ,10000 may only even be 1% of the chains in existence in the not too distant future. ( Figuring a million coin market demand is "reasonable" )
I need to learn more about these assets.
https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/162660426/Assetchains does not have the complete list or complete descriptions of each asset.
Can someone please explain what these are used for:
DEX: 50% of BarterDEX revenue; anything else?
ETOMIC:
REVS: 5% of BarterDEX revenue; anything else?
SUPERNET:
PANGEA: pays revenue from Pangea game?
BET:
CRYPTO: pays from notary revenue?
HODL: it pays interest, but how much? Is it better than holding KMD?
HODLC: different than HODL?
MSHARK:
CHIPS: uses segwit; used in Pangea game; anything else?
BOTS: 15% of BarterDEX revenue; how does it generate income for trading bot creators?
JUMBLR: 15% of BarterDEX revenue; revenue from Jumbler (BTC privacy) transactions? Anything else?
MGW: 5% of BarterDEX revenue; anything else?
KV:
any I missed that are useful?
DEX: nothing else
CRYPTO: Notary fees and any new tech that pays out revenues that isnt already covered by an asset.
ETOMIC: Middleware like coin to emulate utxos for ethereum DEX trades
REVS: 5% CRYPTO DEX SUPERNET JUMBLR revenue
SUPERNET: Pass through of its holdings
HODL: Doesnt pay interest, holding fund
MSHARK: another fund
BOTS: 0.1% fee from 0confirm trading as well
MGW: nothing else
CHIPS: maybe for other games as well
HODLC: not an assetchain, but a coin that had the same ticker
Jumblr: nothing else
BET: Decentralized betting games and portion of pangea revenues
KV: Key value chain, just sitting there for now