Author

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 829. (Read 1192336 times)

legendary
Activity: 1540
Merit: 1000
legendary
Activity: 1078
Merit: 1050
legendary
Activity: 1176
Merit: 1134
I'll try and get elected for the last one if it's still available.

I have for rent:

3 x BadAss Notary Node incl. colo in a bulletproof location in the Netherlands

2 x Intel Xeon L5520 (8 cores/16 threads) you can use 12-14 threads for Komodod and 2-4 others for administrative tasks.
72GB memory
2 x 500GB Samsung Enterprise SSD (no consumer version) one will be used and second is spare in case the first one dies.
HP Smart Array B110i (RAID-modi; 0, 1 en 10)
Lights-Out 100 for remote access
Installed with preferrable Linux distro

220USD per month in BTC (3 months up front)
1 per person

I can fully secure the server and install everything for you for a fee.

Perfect as a Komodo Notary node. Now anyone can control one of the 64 nodes which are needed. Can be swapped for same notary node in Asia, Canada, America, Iceland
My DC has an uptime of 99.9% (in reality it is 100%). JL777 can confirm this. All servers are directly connected to the AMS-IX backbones.

Keep in mind, you'll get 500usd per month in KMD & BTC (if KMD are not 500usd worth at that time). So a profit of 280USD. 220USD you pay me in BTC.

A contract will be made for one year with option to extend it.

SOLD OUT!!

1 server left. Please note that you have to be elected to run this node.
make sure to join #notarynode channel in the SuperNET slack
slackinvite.supernet.org
sr. member
Activity: 330
Merit: 250
I'll try and get elected for the last one if it's still available.

I have for rent:

3 x BadAss Notary Node incl. colo in a bulletproof location in the Netherlands

2 x Intel Xeon L5520 (8 cores/16 threads) you can use 12-14 threads for Komodod and 2-4 others for administrative tasks.
72GB memory
2 x 500GB Samsung Enterprise SSD (no consumer version) one will be used and second is spare in case the first one dies.
HP Smart Array B110i (RAID-modi; 0, 1 en 10)
Lights-Out 100 for remote access
Installed with preferrable Linux distro

220USD per month in BTC (3 months up front)
1 per person

I can fully secure the server and install everything for you for a fee.

Perfect as a Komodo Notary node. Now anyone can control one of the 64 nodes which are needed. Can be swapped for same notary node in Asia, Canada, America, Iceland
My DC has an uptime of 99.9% (in reality it is 100%). JL777 can confirm this. All servers are directly connected to the AMS-IX backbones.

Keep in mind, you'll get 500usd per month in KMD & BTC (if KMD are not 500usd worth at that time). So a profit of 280USD. 220USD you pay me in BTC.

A contract will be made for one year with option to extend it.

SOLD OUT!!

1 server left. Please note that you have to be elected to run this node.
legendary
Activity: 1176
Merit: 1134
Couple questions:
What keeps regulators from simply watching the transfer outputs from Komodo chain like they do laundering sites?
... exchanges like poloniex are KYC compliant and keep a record of all trades.
and
What do you mean by "recycles Bitcoin’s hashrate"?
using iguana's native DEX that uses atomic cross chain swaps, there is no KYC, and you can trade against BTC and compatibles. Granted the blockchains do keep a record of all transactions, the zcash tech makes it a rather meaningless thing as the anon set is the entire number of transactions in the 2^28th tree

and there is no KYC

blockhashes of KMD is securely written to the bitcoin blockchain and further that data is used by the consensus logic. Basically the KMD blockchain data is extended to include small amount of the bitcoin blockchain

once the bitcoin blockchain confirms the tx with the KMD blockhash, then it becomes as secure as a bitcoin block as the bitcoin blockchain would need to be reorged for the KMD chain to be reorged.
That sounds very interesting...
So it will NOT be on Poloniex I then?
The KYC I speak of is done at the exchanges, they look at the actual trades between pairs. What can be done about that? You will have your own exchange platform?

I would assume KMD will trade at most of the major exchanges. If you do not want to deal with their KYC, then dont use those exchanges, just use the DEX directly.

I wrote about the iguana DEX previously and submitted a draft whitepaper on it the other day

hero member
Activity: 644
Merit: 500
Think or swim.
Couple questions:
What keeps regulators from simply watching the transfer outputs from Komodo chain like they do laundering sites?
... exchanges like poloniex are KYC compliant and keep a record of all trades.
and
What do you mean by "recycles Bitcoin’s hashrate"?
using iguana's native DEX that uses atomic cross chain swaps, there is no KYC, and you can trade against BTC and compatibles. Granted the blockchains do keep a record of all transactions, the zcash tech makes it a rather meaningless thing as the anon set is the entire number of transactions in the 2^28th tree

and there is no KYC

blockhashes of KMD is securely written to the bitcoin blockchain and further that data is used by the consensus logic. Basically the KMD blockchain data is extended to include small amount of the bitcoin blockchain

once the bitcoin blockchain confirms the tx with the KMD blockhash, then it becomes as secure as a bitcoin block as the bitcoin blockchain would need to be reorged for the KMD chain to be reorged.
That sounds very interesting...
So it will NOT be on Poloniex then?
The KYC I speak of is done at the exchanges, they look at the actual trades between pairs. What can be done about that? You will have your own exchange platform?
legendary
Activity: 1176
Merit: 1134
Couple questions:
What keeps regulators from simply watching the transfer outputs from Komodo chain like they do laundering sites?
... exchanges like poloniex are KYC compliant and keep a record of all trades.
and
What do you mean by "recycles Bitcoin’s hashrate"?
using iguana's native DEX that uses atomic cross chain swaps, there is no KYC, and you can trade against BTC and compatibles. Granted the blockchains do keep a record of all transactions, the zcash tech makes it a rather meaningless thing as the anon set is the entire number of transactions in the 2^28th tree

and there is no KYC

blockhashes of KMD is securely written to the bitcoin blockchain and further that data is used by the consensus logic. Basically the KMD blockchain data is extended to include small amount of the bitcoin blockchain

once the bitcoin blockchain confirms the tx with the KMD blockhash, then it becomes as secure as a bitcoin block as the bitcoin blockchain would need to be reorged for the KMD chain to be reorged.



sr. member
Activity: 245
Merit: 250
looks have some innovations,keep an eye on this Tongue
hero member
Activity: 644
Merit: 500
Think or swim.
Couple serious questions:
What keeps regulators from simply watching the transfer outputs from Komodo chain like they do laundering sites?
... exchanges like Poloniex are KYC compliant and keep a record of all trades.
and
What do you mean by "recycles Bitcoin’s hashrate"?
legendary
Activity: 1176
Merit: 1134

I'm currently running v 1.0.0.0 of the BTCD wallet - the Export function is greyed out.

How do I access my private key?

Assuming it's stored in the wallet.dat file, what software do I need to open it?

My OS is Windows 10

Thanks for any help  Smiley

Bump  Smiley

Anyone?
from debug console you can do dumpprivkey
or backupwallet
or dumpwallet
hero member
Activity: 577
Merit: 500

I'm currently running v 1.0.0.0 of the BTCD wallet - the Export function is greyed out.

How do I access my private key?

Assuming it's stored in the wallet.dat file, what software do I need to open it?

My OS is Windows 10

Thanks for any help  Smiley

Bump  Smiley

Anyone?
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
hero member
Activity: 722
Merit: 500
So we need to buy BTCD to join this ICO?

You can invest with both BTC and BTCD.

Right now you are better off investing with BTCD as the price is below 0.00425 (the first day BTC price with bonus applied).

Likewise BTCD also comes with other benefits like an average bonus boost and more.

The OP says the BTCD swap will be dealt with after the ICO, but gives no details. How will the process work?

Will the BTCD swappers get their new coins at exactly the same time the bitcoin investors get theirs?

From what I gather If I invest with BTCD, I have to do so after the ICO date correct? You will miss out on the 25% bonus.
So I've been planning on just investing BTC on the first day to get a better exchange for my money.
Am I wrong/mislead?
Thanks!

This steemist post has a lot of answers regarding BTCD & the Komodo ICO. After that post we also came up with the BTCD bonus to counter the dilution against the BTC bonus system. That is explained in the second comment of this thread.

You can buy BTCD at any time from the open markets, but the actual BTCD <->  KMD swap will happen after ICO. After we go live everyone will have an equal chance to get their KMD coins, whatever they invested with BTCD or BTC.

What people aren't realising that by buying BTCD you will also be able to trade straight away after the ICO in what is effectively a token linked to the value of KMD. That being on Poloniex as-well.

I've made a more in-depth traders post about this but I'm not posting it here.
legendary
Activity: 3556
Merit: 1126
I plan on running at least 1 notary node. It's currently installed and running in Montreal, Canada on a Intel Xeon E5-1650v3, 6core/12threads, 3,5 / 3,8 GHz, 128 GB of RAM DDR4 ECC 2133 MHz & 500 Mbps guaranteed bandwidth /w 1Gbps burst. Last year I operated and maintained a cluster of 18 VPS's for SuperNet/InstantDEX testing and development and for the past 4-5 years I've been operating mining pools. Currently operate www.zpool.ca on 5 dedicated servers. If all goes well, I will bring another notary node online in EU.

Cheers!
legendary
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
I have for rent:

3 x BadAss Notary Node incl. colo in a bulletproof location in the Netherlands

2 x Intel Xeon L5520 (8 cores/16 threads) you can use 12-14 threads for Komodod and 2-4 others for administrative tasks.
72GB memory
2 x 500GB Samsung Enterprise SSD (no consumer version) one will be used and second is spare in case the first one dies.
HP Smart Array B110i (RAID-modi; 0, 1 en 10)
Lights-Out 100 for remote access
Installed with preferrable Linux distro

220USD per month in BTC (3 months up front)
1 per person

I can fully secure the server and install everything for you for a fee.

Perfect as a Komodo Notary node. Now anyone can control one of the 64 nodes which are needed. Can be swapped for same notary node in Asia, Canada, America, Iceland
My DC has an uptime of 99.9% (in reality it is 100%). JL777 can confirm this. All servers are directly connected to the AMS-IX backbones.

Keep in mind, you'll get 500usd per month in KMD & BTC (if KMD are not 500usd worth at that time). So a profit of 280USD. 220USD you pay me in BTC.

A contract will be made for one year with option to extend it.

SOLD OUT!!

1 server left. Please note that you have to be elected to run this node.
legendary
Activity: 1176
Merit: 1134
How will we be verifying that the nodes are actually run in their separate geolocations and that nodes aren't run by sock puppets?
geolocation on ip address
realtime turing tests for each notary node operator

legendary
Activity: 817
Merit: 1000
How will we be verifying that the nodes are actually run in their separate geolocations and that nodes aren't run by sock puppets?
legendary
Activity: 1176
Merit: 1134
Normally bitcoin miner generates a new address for each block reward. This is good for privacy, but it makes determining if a block is generated by a notary node problematic.

I pushed a new komodo version that lets you specify a single destination address for mined blocks. it is not required to update as it is not a hardfork, but if you are running testnet, then it would be good to update.

./komodod   -gen -genproclimit=6 -notary -pubkey="0286d7c2dc7b3cfc07e2ae3d3311b2be578e5d894da4a204345c713c7db7e76a20"

the pubkey is the pubkey from the iguana wallet, which can be obtained after doing a walletpassphrase login and an activehandle call. Maybe we can update the GUI to display the pubkey to make it easier.

If you dont have an iguana wallet: curl --url "http://127.0.0.1:7778" --data "{\"agent\":\"bitcoinrpc\",\"method\":\"encryptwallet\",\"passphrase\":\"a very strong passphrase here\"}"

if you already have an iguana wallet:
curl --url "http://127.0.0.1:7778" --data "{\"agent\":\"bitcoinrpc\",\"method\":\"walletpassphrase\",\"password\":\"a very strong passphrase here\",\"timeout\":86444}"

which outputs:

{"pubkey":"e9b52567e9e5ff99270e07b63a2a6f1ff41c4db58da62416f8b0b2c3f6c53b6c","RS":"NXT-LKC2-XCXF-U3LR-F9WSS","NXT":"15880686153265399104","btcpubkey":"0286d7c2dc7b3cfc07e2ae3d3311b2be578e5d894da4a204345c713c7db7e76a20","rmd160":"54a752f0d71b89d7c014ed0be29ca231c9546f9f","BTCD":"RGzoHWCedwL81g7hqtQ7fEvW3UexrzBZe8","BTC":"18icCzKN37XYwfkWNiQzZibJHDCNGo2Y6x","result":"success","handle":"","notary":-1,"persistent":"e9b52567e9e5ff99270e07b63a2a6f1ff41c4db58da62416f8b0b2c3f6c53b6c","status":"unlocked","duration":47475,"tag":"18292839364308746995"}

"btcpubkey" field is the one to use for the -pubkey parameter

Once all the blocks mined by notary nodes are to the same address for each notary node, then it allows calculation of how much each notary node mined per month and therefore any subsidy required. More importantly, it provides a way to determine if a block was generated by a notary node
Jump to: