Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 88. (Read 1192053 times)

...Doing this unsecure private key export from the Ledger once a year is bad enough.

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Do I get my staking rewards if I will store my kmd on BarterDEX wallet?
Or it's better to keep coins on a separate wallet?

I'm only a holder of kmd and don't represent the team. I posted that because the team lacks any social skills. If we want komodo tech to become as mainstream as it has the potential to be, there needs to be a "talking head" that grabs the social media side by the balls. If this doesn't happen soon, you are going to see a mass exodus from komodo.

Yes, to claim what we call "komodo rewards" now, you need to claim every month instead of once a year.

There are a couple reason for this.

1. More transactions
2. This is my opinion, more coins hit the market helping raise the marketcap.
3. I was told that it helps the blockchain - don't know if this is true.

I would mentally take a note that the first of every month to redeem your komodo rewards.

Do I get my staking rewards if I will store my kmd on BarterDEX wallet?
Or it's better to keep coins on a separate wallet?

Eventhough current dICO BlocNATION does not seem to elevate KMD price a little bit , I don't fret because this is just the beginning . As far as participation of dICO is concerned, it went smooth for my BNTN tokens as I waited for a while to be atomic swapped then there is it right on my komodo wallet.

Since when we have to claim the interest/KMD reward monthly? I thought we have to claim it at least once a year?

Since when we have to claim the interest/KMD reward monthly? I thought we have to claim it at least once a year?

UPDATE:



Our rewards are now called *KMD Rewards*

The older names and language introduced way too much confusion. So please no more referrals to

- interest
- monthly rewards
- annual rewards

Here's the KMD reward feature in a nutshell
- new KMD coins are rewarded to users when they make transactions
- total rate is ~5% per year if done monthly or more often
- you stop getting rewards if you haven't used Komodo network for one month (coins haven't moved in one month).
- If you don't know how UTXO's work then I refer to the Agama Wallet 'claim rewards' button that makes it super simple

I also liked what days was saying but there seemed to be some disagreement going on. things that happen in slack posted by community members are not any official KMD position. We dont censor people and with that policy at times some people will be rude to others. I can only hope that such rudeness is not happening in the future

I agree 100%

I would like to add that I was following an exchange between kmd and a member on slack yesterday. Komodo, you should be ashamed of yourselves for the way you treated that person. I enjoyed what he said and for the first time saw somebody with common sense trying to get the Komodo team to think outside the box. But no, you had to flame him until he said enough and left. This makes me question why I should stay involved with komodo if this is how you treat people that bring a much different perspective to the table.

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It def feels as though komodo is swimming in a sea of me too. We have alot of duplication in the crypto world right now. Platforms devoted to smart contracts, platforms devoted to different chain relationships, platforms devoted to speed, platforms devoted to Ico, etc.

Many of these it appears have gotten some type of venture capitalist money and market themselves accordingly to the traditional venues, such as forbes, business insider, bank capital company this or that.

Eth has Vitalik, he already had a news platform and spoke in smart sounding buzzwords, then did speech after speech around the world. Add in his multimillionaire family and some goldmansaches stooges and you have institutional pumping of this product.

Just go down the list of projects that are hyped with big valuations and youll see a alot of wallstreet style money making big claims vs grassroots crypto ingenuity. If that is the difference, then the only way to compete nowadays might be to get some goldmansachs on board.

If komodo platform is like the swiss army knife of crypto in that it can do one of everything great, but the question becomes, how can it compete in a sea of the same thing when project xyz can just start up and say we are going to revolutionize crypto speed or ico or better whatever. It becomes information overload and then all of a sudden komodo is lost in a sea of me too as who has the time to research 60 plus blockchain projects.

Hype IS necessary. Hype through games, competition, prizes, community building exercises, beautiful girls, fancy cars, whatever. Vhs had more hype then beta, look how that turned out.

Personally, the single most important thing of komodo platform right now, in my opinion, is chips. I know its on the backburner no hype or updates page but man does it have the potential to be a rocketship and bring in many new people to crypto. Of course though, by the time it is ready, will 50 projects already be loudly advertising me too?

It def feels as though komodo is swimming in a sea of me too. We have alot of duplication in the crypto world right now. Platforms devoted to smart contracts, platforms devoted to different chain relationships, platforms devoted to speed, platforms devoted to Ico, etc.

Many of these it appears have gotten some type of venture capitalist money and market themselves accordingly to the traditional venues, such as forbes, business insider, bank capital company this or that.

Eth has Vitalik, he already had a news platform and spoke in smart sounding buzzwords, then did speech after speech around the world. Add in his multimillionaire family and some goldmansaches stooges and you have institutional pumping of this product.

Just go down the list of projects that are hyped with big valuations and youll see a alot of wallstreet style money making big claims vs grassroots crypto ingenuity. If that is the difference, then the only way to compete nowadays might be to get some goldmansachs on board.

If komodo platform is like the swiss army knife of crypto in that it can do one of everything great, but the question becomes, how can it compete in a sea of the same thing when project xyz can just start up and say we are going to revolutionize crypto speed or ico or better whatever. It becomes information overload and then all of a sudden komodo is lost in a sea of me too as who has the time to research 60 plus blockchain projects.

Hype IS necessary. Hype through games, competition, prizes, community building exercises, beautiful girls, fancy cars, whatever. Vhs had more hype then beta, look how that turned out.

Personally, the single most important thing of komodo platform right now, in my opinion, is chips. I know its on the backburner no hype or updates page but man does it have the potential to be a rocketship and bring in many new people to crypto. Of course though, by the time it is ready, will 50 projects already be loudly advertising me too?