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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 832. (Read 1191989 times)

full member
Activity: 179
Merit: 100
The project does sound interesting, but with anonymous dev I'm afraid I''m out.

Shame, I was looking forward to this one.

You won't raise really big numbers anonymously. There's no way I'd invest a lot of btc without having some way to hold the lead dev accountable. I guess you will still raise a fair amount, but nowhere near what you could have done imo.

jl777 has nearly three years of reputation established, being anon is an advantage ... can't be closed down, so far less regulatory risk

It's a also a history of incomplete projects, building one ICO on top of another with promises of future functionality and utility at every step that have never been delivered.

I'm not saying this is just ICO milking, but anonymity is certainly not an advantage in this case imo. I can only speak from my own perspective, but I would have put a lot into a project like this, now at best I'd throw a bitcoin or two at it. I'm sure I'm not the only one.
sr. member
Activity: 406
Merit: 250
The project does sound interesting, but with anonymous dev I'm afraid I''m out.

Shame, I was looking forward to this one.

You won't raise really big numbers anonymously. There's no way I'd invest a lot of btc without having some way to hold the lead dev accountable. I guess you will still raise a fair amount, but nowhere near what you could have done imo.

jl777 has nearly three years of reputation established, being anon is an advantage ... can't be closed down, so far less regulatory risk
member
Activity: 82
Merit: 10
When will whitepaper be released? I can't wait.   Cheesy
full member
Activity: 179
Merit: 100
The project does sound interesting, but with anonymous dev I'm afraid I''m out.

Shame, I was looking forward to this one.

You won't raise really big numbers anonymously. There's no way I'd invest a lot of btc without having some way to hold the lead dev accountable. I guess you will still raise a fair amount, but nowhere near what you could have done imo.
legendary
Activity: 1540
Merit: 1000
hero member
Activity: 938
Merit: 511
full member
Activity: 196
Merit: 100

By the way, Komodo have 2 kind of transactions right?
One is "normal transaction" & and one is "anonymous transaction"... is this correct?


Yes, that is correct. It's just like in Zcash.

Ok, thanks  Smiley



sr. member
Activity: 784
Merit: 253
Set Your Ideas Free

By the way, Komodo have 2 kind of transactions right?
One is "normal transaction" & and one is "anonymous transaction"... is this correct?


Yes, that is correct. It's just like in Zcash.
full member
Activity: 196
Merit: 100

By the way, Komodo have 2 kind of transactions right?
One is "normal transaction" & and one is "anonymous transaction"... is this correct?



legendary
Activity: 1428
Merit: 1000
I dont think whitepapers get released this close to ICO dates.

The white paper will be released soon for all to read.

Just read every page of this thread. What a read. So many opinions, lots of trolls.

I was just wondering about the comparison between Zcash and Komodo. I know you say that you're not directly competing (maybe this is a front, so excuse my lack of interpretation) and that Komodo will likely be LTC to BTC in comparison. However it seems to me that Komodo will have significant funding, a great team, yourself, the existing infrastructure you have built, dPoW as added security, a none US entity (good or bad thing), a working fancy GUI... Lots of things that Zcash will be lacking. Does this not merit it being even better than Zcash or a better alternative?

Thanks.

What James has always said is that we should be competing with fiat and not with each other and i think it shows in the answers he provides.

I personally think that we are a better alternative to Zcash as we are taking the best parts of everything it offers and combining it with dPoW.
hero member
Activity: 1232
Merit: 503
Would be this altcoin success fully just asking?
would this beat etheruem i dont nothing about these kinds of things
hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?
I dont think whitepapers get released this close to ICO dates.

You must not have witnessed enough ICO's. 1) hype  it up  2) hype it up some more 3) Flog it to the punter's. It's SOP (standard operating procedure) in the crypto world.

Cheers Jon  Grin
hero member
Activity: 722
Merit: 500
Just read every page of this thread. What a read. So many opinions, lots of trolls.

I was just wondering about the comparison between Zcash and Komodo. I know you say that you're not directly competing (maybe this is a front, so excuse my lack of interpretation) and that Komodo will likely be LTC to BTC in comparison. However it seems to me that Komodo will have significant funding, a great team, yourself, the existing infrastructure you have built, dPoW as added security, a none US entity (good or bad thing), a working fancy GUI... Lots of things that Zcash will be lacking. Does this not merit it being even better than Zcash or a better alternative?

Thanks.
newbie
Activity: 34
Merit: 0
I dont think whitepapers get released this close to ICO dates.
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
Is having BTCD better than buying into ICO? i mean is there any better rate or something or will that be balanced?

It depends on what the BTCD price is. Both get a bonus, described in the #2 comment of this post.

More info in this article also: https://steemit.com/komodo/@komodoplatform/komodo-ico-questions-and-answers

hi I look on multiple thread but
didn t see how exactly the swap will be done if all my coin in btcd are on bittrex

thanks

The swap will happen after the ICO. We haven't published any detailed info about it yet.

However, if you have BTCD we strongly recommend you to send them to a local wallet, where you have full control over your keys. As a BTCD holder you are entitled to a revenue share asset also. To get that you need to have the privatekey. We will provide publish a guide about this little later.
sr. member
Activity: 790
Merit: 261
hi I look on multiple thread but
didn t see how exactly the swap will be done if all my coin in btcd are on bittrex

thanks
sr. member
Activity: 471
Merit: 250
Is having BTCD better than buying into ICO? i mean is there any better rate or something or will that be balanced?
legendary
Activity: 1540
Merit: 1000
full member
Activity: 196
Merit: 100
This coin have a very interesting features.
But my questions is...How do the Big Corporations wanted to work with the Komodo development team, if you guys remain anonymous?

Maybe you guys can have a visible spoke person to represent Komodo in the conferences/media/news later in the future?....just a suggestion




With funds available for hiring people, things like that are definitely possible.

With the coming proliferation of blockchains, services that enhance/enable blockchains will become more and more in demand.

While a lot of people associate privacy with black activities, it is the corporations that need privacy most of all. Conducting business on a transparent blockchain is just, well, just silly for any company in a competitive environment.

Also, I am creating the tech so that there is no need for business contracts in order to do business with komodo. Just use komodo. After all, has any bitcoin company had to sign contracts with bitcoin to use bitcoin?

If komodo represents the most cost effective way to secure data via the bitcoin hashrate that also happens to have zcash tech, then wont companies that care about costs just start using it?

With the funded DEX LP nodes providing low spread conversions to and from KMD across a large range of other cryptos, I aim to enable 1% or less round trip costs in and out of KMD. This will allow otherwise transparent crypto holdings to be made private with minimal costs. In my experience, businesses like to get the best value for their money, so that is what I am working to create.



Sound like a solid plans for the future...cool   Smiley


legendary
Activity: 1176
Merit: 1134
This coin have a very interesting features.
But my questions is...How do the Big Corporations wanted to work with the Komodo development team, if you guys remain anonymous?

Maybe you guys can have a visible spoke person to represent Komodo in the conferences/media/news later in the future?....just a suggestion




With funds available for hiring people, things like that are definitely possible.

With the coming proliferation of blockchains, services that enhance/enable blockchains will become more and more in demand.

While a lot of people associate privacy with black activities, it is the corporations that need privacy most of all. Conducting business on a transparent blockchain is just, well, just silly for any company in a competitive environment.

Also, I am creating the tech so that there is no need for business contracts in order to do business with komodo. Just use komodo. After all, has any bitcoin company had to sign contracts with bitcoin to use bitcoin?

If komodo represents the most cost effective way to secure data via the bitcoin hashrate that also happens to have zcash tech, then wont companies that care about costs just start using it?

With the funded DEX LP nodes providing low spread conversions to and from KMD across a large range of other cryptos, I aim to enable 1% or less round trip costs in and out of KMD. This will allow otherwise transparent crypto holdings to be made private with minimal costs. In my experience, businesses like to get the best value for their money, so that is what I am working to create.

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