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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 774. (Read 1191996 times)

hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Guys pour your BTC for 10% discount . Support this project and huge potentials are coming to this platform.
hero member
Activity: 840
Merit: 1000

hey guys why did you remove the ICO stats from https://komodoplatform.com/
it was good to see it w/o login, openly visible for everyone.

You can still see the amount of BTC raised. Smiley

I believe the bonus stages didn't show up correctly so the dev had to remove some statistic.

ah ok, its now back up there, thanks Smiley
member
Activity: 79
Merit: 10
With btc price is high now,those who invested earlier have spent less.It is better to invest now than after few days when btc is more expensive

That's true if you're investing with cash converted into Bitcoin. If you already have Bitcoin then it won't make a difference. You'll be missing out on the rise if you invest now and the price goes up.

Early investor made money right now, in fiat base. They may feel happy to invest so that avoid to sell btc too early.
sr. member
Activity: 374
Merit: 250
With btc price is high now,those who invested earlier have spent less.It is better to invest now than after few days when btc is more expensive

That's true if you're investing with cash converted into Bitcoin. If you already have Bitcoin then it won't make a difference. You'll be missing out on the rise if you invest now and the price goes up.
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
We added a press page to our website, take a look:

https://komodoplatform.com/press/

We will post all our interviews there.
hero member
Activity: 1050
Merit: 604
Yeah the dev has successfully copied zcash technology. Now what? I dont see any real world use case for komodo. Zcash price will slowly decline to peanuts and so will the price of kmd. No reward for investors.

I would be very careful investing in any zcash copycat. A lot of dev want to take advantage if this zcash hyoe. Dont lose money in the zcash hype.

Komodo is more than just a simple fork. See what we posted yesterday: https://bitcointalksearch.org/topic/m.16723402
Polycryptoblog gave a nice answer too: https://bitcointalksearch.org/topic/m.16727264

Not sure if this has already been answered but can someone please explain what happens to the additional coins if the target investment is not reached? Will they be burned off or will they be given to the investors?

We will distribute all the 90M KMD coins, no matter how much we raise.

If you still want to invest in this "Project" after watching this: https://www.youtube.com/watch?v=LxZswQWGLVg, then you need your head examined......

Forgive us, it was our first interview. We admit that we cannot give as throughout answers as our lead developer jl777 could.

If you are looking very technical answers and in-depth information then this thread, our Steemit articles, and jl777's development updates are the best source. We are continuously trying to improve our ability to explain this complex project (SuperNET/Iguana/Komodo) to our investors.


wow, you guys don't realize you are just being strung along by your "lead developer" jl777 who's fluttering around from project to project while at the same time raising shit loads of BTC.........

well, you'll get what you deserve for being so gullible, i suppose......
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
Yeah the dev has successfully copied zcash technology. Now what? I dont see any real world use case for komodo. Zcash price will slowly decline to peanuts and so will the price of kmd. No reward for investors.

I would be very careful investing in any zcash copycat. A lot of dev want to take advantage if this zcash hyoe. Dont lose money in the zcash hype.

Komodo is more than just a simple fork. See what we posted yesterday: https://bitcointalksearch.org/topic/m.16723402
Polycryptoblog gave a nice answer too: https://bitcointalksearch.org/topic/m.16727264

Not sure if this has already been answered but can someone please explain what happens to the additional coins if the target investment is not reached? Will they be burned off or will they be given to the investors?

We will distribute all the 90M KMD coins, no matter how much we raise.

If you still want to invest in this "Project" after watching this: https://www.youtube.com/watch?v=LxZswQWGLVg, then you need your head examined......

Forgive us, it was our first interview. We admit that we cannot give as throughout answers as our lead developer jl777 could.

If you are looking very technical answers and in-depth information then this thread, our Steemit articles, and jl777's development updates are the best source. We are continuously trying to improve our ability to explain this complex project (SuperNET/Iguana/Komodo) to our investors.

You tried your best to explain.A lot has already been explained comprehensivly in this thread and on steemit.Good communicationis essential but not a barrier for good ideas to spread
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
Meanwhile in SuperNET slack...

Boogieman posted a GUI update on #iguana channel:
Quote
The GUI update:
1.  We discovered different cases for amount and fee input in the sending function, so we created states screens and already deployed them.
2. Added animations to show common and sub-wallets balance and transaction history  updating progress.
3.  Done with responsiveness for desktop dimensions and working to make it mobile.
4.  We also discovered some technical issues with old or less popular browsers, so we decided not account only Chrome, Firefox and Safari of the latest two versions so  far.  We will support other browsers or older version on demand.
5. As coins have unique logos, signs we have to make some visual adaptation of them to use in Iguan App.  And as there are more then 100 coins, it will take some time to have them onboarding just because of the little issue. But we will pushing what is done and I will update the list of  the supported coins in the release notes.

Through Iguana multiwallet the Komodo coins can be used in the transparent mode, so its development is highly relevant to us.

All GUI updates so far
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
Yeah the dev has successfully copied zcash technology. Now what? I dont see any real world use case for komodo. Zcash price will slowly decline to peanuts and so will the price of kmd. No reward for investors.

I would be very careful investing in any zcash copycat. A lot of dev want to take advantage if this zcash hyoe. Dont lose money in the zcash hype.

Komodo is more than just a simple fork. See what we posted yesterday: https://bitcointalksearch.org/topic/m.16723402
Polycryptoblog gave a nice answer too: https://bitcointalksearch.org/topic/m.16727264

Not sure if this has already been answered but can someone please explain what happens to the additional coins if the target investment is not reached? Will they be burned off or will they be given to the investors?

We will distribute all the 90M KMD coins, no matter how much we raise.

If you still want to invest in this "Project" after watching this: https://www.youtube.com/watch?v=LxZswQWGLVg, then you need your head examined......

Forgive us, it was our first interview. We admit that we cannot give as throughout answers as our lead developer jl777 could.

If you are looking very technical answers and in-depth information then this thread, our Steemit articles, and jl777's development updates are the best source. We are continuously trying to improve our ability to explain this complex project (SuperNET/Iguana/Komodo) to our investors.
hero member
Activity: 518
Merit: 500
With btc price is high now,those who invested earlier have spent less.It is better to invest now than after few days when btc is more expensive
hero member
Activity: 1050
Merit: 604
If you still want to invest in this "Project" after watching this: https://www.youtube.com/watch?v=LxZswQWGLVg, then you need your head examined......

legendary
Activity: 1176
Merit: 1134
Komodo is separate from zcash right?

Yes they are two different coins.   Komodo adds features that are not found in Zcash.

What are the features that it adds? I read that it uses the Bitcoin blockchain. There's no way for it to be traceable there right?
the notarization tx are created by notary nodes and this is public, we want to know that the notaries notarized it, so those are fully traceable.

komodo provides bitcoin security for itself and other blockchains. I am currently debugging 32 such blockchains, one for each of 32 different fiat equivalents. Each of these USD chain, EUR chain, etc. will be secured by dPoW.

Due to the way blockhashes are calculated, every transaction in the KMD chain is notarized when the KMD blockhash is notarized. This means every transaction in the KMD chain is notarized, including the transaction that notarized the USD assetchain. There is no practical limit to the number of other blockchains that KMD can notarize.

Please note that the notarization process is independent of zcash technology. However, by having the zcash tech, it means you can protect your funds, be it KMD, USD assetchain, etc.
sr. member
Activity: 383
Merit: 252
Bitcoin tx for notarized submission

9e373d3f71337cea47db484d9e21679bf7faa2d2763c8aa76fbc30fbb4361fcf
sr. member
Activity: 368
Merit: 252
Komodo is separate from zcash right?

Yes they are two different coins.   Komodo adds features that are not found in Zcash.

What are the features that it adds? I read that it uses the Bitcoin blockchain. There's no way for it to be traceable there right?

Features that Komodo adds by itself:

Delayed Proof of Work  -  submission of notarized hashes to maintain blockchain integrity of third party and self-generated chains.  

Assetchains:   Create your own Zcash fork from command-line  


Features SuperNET tech contributes:

DEX -  Decentralized Exchange  
PAX -  Pegged Asset Exchange - speculate on the value of crypto and fiat currencies  relative to each other
Ramchains -  ultra fast blockchain syncing
Iguana -  Multiwallet that allows you to be a full node to multiple coins at once without draining computer resources tremendously
Basilisk -  Light Client that can be run simultaenously with Iguana for coins that one does not necessarily wish to support their network.

Future contributions

Gecko -  Create your own smart contract/ conditional logic based blockchain
Pangea -  Decentralized Poker
Jumblr -  Coin Mixer for transparent coins

and others  TBA


It submits data to bitcoin blockchain  it is not built on top of bitcoin  like Counterparty is.

I'll think about this coin. The thing that's stopping me is the price of Bitcoin at the moment compared to a couple of weeks ago.
sr. member
Activity: 383
Merit: 252
Komodo is separate from zcash right?

Yes they are two different coins.   Komodo adds features that are not found in Zcash.

What are the features that it adds? I read that it uses the Bitcoin blockchain. There's no way for it to be traceable there right?

Features that Komodo adds by itself:

Delayed Proof of Work  -  submission of notarized hashes to maintain blockchain integrity of third party and self-generated chains.  

Assetchains:   Create your own Zcash fork from command-line  


Features SuperNET tech contributes:

DEX -  Decentralized Exchange  
PAX -  Pegged Asset Exchange - speculate on the value of crypto and fiat currencies  relative to each other
Ramchains -  ultra fast blockchain syncing
Iguana -  Multiwallet that allows you to be a full node to multiple coins at once without draining computer resources tremendously
Basilisk -  Light Client that can be run simultaenously with Iguana for coins that one does not necessarily wish to support their network.

Future contributions

Gecko -  Create your own smart contract/ conditional logic based blockchain
Pangea -  Decentralized Poker
Jumblr -  Coin Mixer for transparent coins

and others  TBA


It submits data to bitcoin blockchain  it is not built on top of bitcoin  like Counterparty is.
sr. member
Activity: 383
Merit: 252
The key point that people seem to overlook when it comes to the Komodo project  is that our technologies are already working.   Currently they are in the process of debugging and testing,  which if you ever built a program  understand that this is a very time-consuming process.  

When you invest in this ICO you are not investing in vaporware or theoretical experiments,  this is live, working code.  This can be proven as well,  as our dPoW is currently submitting notarized data to Bitcoin's blockchain and can be viewed by a simple tx lookup on a block explorer.

We invite any and all to take a look at the code jl777 has been patiently developing for 2 years  and urge you to build komodo yourself so that you can see what it actually does and the functions and features contained within it.

Yeah the dev has successfully copied zcash technology. Now what? I dont see any real world use case for komodo. Zcash price will slowly decline to peanuts and so will the price of kmd. No reward for investors.

I would be very careful investing in any zcash copycat. A lot of dev want to take advantage if this zcash hyoe. Dont lose money in the zcash hype.


Real World Use Case #1 :  Securing weak blockchains
Real World Use Case #2 :  Creating your own blockchain
Real World Use Case #3 :  Pegged Assets and Futures Trading
Real World Use Case #4 :  DEX  along with associated ledger
Real World Use Case #5 :  Fungible Currency
Real World Use Case #6 :  Blockchain Services  ( Sandboxed smart contracts, File Integrity services and others )
sr. member
Activity: 368
Merit: 252
Komodo is separate from zcash right?

Yes they are two different coins.   Komodo adds features that are not found in Zcash.

What are the features that it adds? I read that it uses the Bitcoin blockchain. There's no way for it to be traceable there right?
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