[ANN][PIRATE CHAIN](ARRR) A zk-SNARKS only blockchain, secured by dPoW - page 48.

grewalsatinder

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Quote from: Big Naturals on September 04, 2018, 09:20:34 PM

Quote from: grewalsatinder on September 04, 2018, 09:01:16 PM

Quote from: Big Naturals on September 04, 2018, 08:42:34 PM

Quote from: grewalsatinder on September 04, 2018, 08:31:42 PM

Quote from: Big Naturals on September 04, 2018, 08:14:06 PM

Quote from: ?? on ??

Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Carefuly read the points of notes in first thread.

Airdrop would need to be claimed, recipients sign their zk snark only AC address with their kmd private key to indicate what their KMD balance is on the snapshot date. Bitcore BTX used this method for their bitcoin airdrop, so it requires user action to claim, not automatic like btc:bch

That would work, right? Is the problem you see from notarising?

Still don’t get it?

dPoW is not possible as of now for private Assetchain.
PoS is not possible as funds end up in z address.

U are only left with mining option.

Ok, I saw discussion in discord that sounded like notarization of these private z only assetchains was possible with some modifications, if that isn't correct then any airdrop would have to be less than full coin supply, leaving room for miners. Can't see a problem with kmd holders signing their private AC address to claim an airdrop though, but maybe I'm missing something. The other obvious alternative is allocate a proportion to Supernet from the start, a standard premine, could be 25%, then mine the rest.

If there is a way to distribute one of these z private AC tokens widely to current supporters of the komodo platform it would solve one of the problems all crypto have, adoption, so I think it's a worthwhile goal.

Yes dukeleto experimenting to see if dPoW is possible or not. There is no news on it. That is why I said “as of now”

Suggest ur idea in discord right now, while u can.

Big Naturals

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Activity: 756

Merit: 268

Quote from: grewalsatinder on September 04, 2018, 09:01:16 PM

Quote from: Big Naturals on September 04, 2018, 08:42:34 PM

Quote from: grewalsatinder on September 04, 2018, 08:31:42 PM

Quote from: Big Naturals on September 04, 2018, 08:14:06 PM

Quote from: ?? on ??

Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Carefuly read the points of notes in first thread.

Airdrop would need to be claimed, recipients sign their zk snark only AC address with their kmd private key to indicate what their KMD balance is on the snapshot date. Bitcore BTX used this method for their bitcoin airdrop, so it requires user action to claim, not automatic like btc:bch

That would work, right? Is the problem you see from notarising?

Still don’t get it?

dPoW is not possible as of now for private Assetchain.
PoS is not possible as funds end up in z address.

U are only left with mining option.

Ok, I saw discussion in discord that sounded like notarization of these private z only assetchains was possible with some modifications, if that isn't correct then any airdrop would have to be less than full coin supply, leaving room for miners. Can't see a problem with kmd holders signing their private AC address to claim an airdrop though, but maybe I'm missing something. The other obvious alternative is allocate a proportion to Supernet from the start, a standard premine, could be 25%, then mine the rest.

If there is a way to distribute one of these z private AC tokens widely to current supporters of the komodo platform it would solve one of the problems all crypto have, adoption, so I think it's a worthwhile goal.

grewalsatinder

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Activity: 186

Merit: 100

Blockchain Technology Enthusiast, IT Pro

Quote from: Big Naturals on September 04, 2018, 08:42:34 PM

Quote from: grewalsatinder on September 04, 2018, 08:31:42 PM

Quote from: Big Naturals on September 04, 2018, 08:14:06 PM

Quote from: ?? on ??

Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Carefuly read the points of notes in first thread.

Airdrop would need to be claimed, recipients sign their zk snark only AC address with their kmd private key to indicate what their KMD balance is on the snapshot date. Bitcore BTX used this method for their bitcoin airdrop, so it requires user action to claim, not automatic like btc:bch

That would work, right? Is the problem you see from notarising?

Still don’t get it?

dPoW is not possible as of now for private Assetchain.
PoS is not possible as funds end up in z address.

U are only left with mining option.

Big Naturals

sr. member

Activity: 756

Merit: 268

Quote from: grewalsatinder on September 04, 2018, 08:31:42 PM

Quote from: Big Naturals on September 04, 2018, 08:14:06 PM

Quote from: ?? on ??

Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Carefuly read the points of notes in first thread.

Airdrop would need to be claimed, recipients sign their zk snark only AC address with their kmd private key to indicate what their KMD balance is on the snapshot date. Bitcore BTX used this method for their bitcoin airdrop, so it requires user action to claim, not automatic like btc:bch

That would work, right? Is the problem you see from notarising?

grewalsatinder

full member

Activity: 186

Merit: 100

Blockchain Technology Enthusiast, IT Pro

Quote from: Big Naturals on September 04, 2018, 08:14:06 PM

Quote from: ?? on ??

Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Carefuly read the points of notes in first thread.

Big Naturals

sr. member

Activity: 756

Merit: 268

Quote from: ?? on ??

Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Graham Ade

newbie

Activity: 14

Merit: 0

Airdrop onto komodo would be awsome .... "Dark Komodo" Grin

Scrotum

member

Activity: 119

Merit: 11

Quote from: jl777B on September 04, 2018, 04:08:02 PM

I suggested that a reasonable amount of PIRATE be made available to the community at mining costs. Something like 5000 PIRATE lots, with some limit like 50 people.

that is 250,000 PIRATE and over 10% the current supply. The community is now knowing about this unexpectedly popular PIRATE and the early birds are willing to set aside a big percentage of their PIRATE for the community.

Mining cost is being calculated now, distribution will have to wait until the weekend. I believe most of the initial sales were at 0.001 KMD per PIRATE, so that is 5KMD per 5000 PIRATE.

first 50 to reserve their spot will get their 5000 PIRATE, no newbie accounts

Can I reserve an allocation please?

@jl777 would you consider launching a supernet or komodo version with a claim period, e.g. 30 days for eligible asset holders to add their z address, then allocate 1:1 with a new AC with these anon features.

A token needs an active community using it regularly to give it value, and an opt-in airdrop generates an instant community, plus it adds value to whatever asset you airdrop onto so nobody gets pissed off about ninja mining etc

I remember the good ole days of nxtventures

Big Naturals

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Activity: 756

Merit: 268

Quote from: grewalsatinder on September 04, 2018, 05:33:33 PM

Thanks for some nice words.

You do realise the proposal James mentioned, all those PIRATES will solely coming from my pocket which I bought for KMD price of range from 0.001 KMD to 0.00180.

I still agree with u all that discard this chain and start fresh if u want. But that’s not my decision. I can not do anything else to help u guys other than expressing my thoughts on the situation and giving the amount what James is proposing.

I don’t care if my KMD bought PIRATE goes poof!

Just don’t blame me of what it did not do.

Since I was traveling and spending some family time I could not edit the posts on time. Done that today.

Z-only komodo asset chains could easily become the next big thing in crypto,

- the anon tech is best available
- dPoW gives bitcoin level security
- asset chains are easily scaled and independent

So all the big issues are solved, the Komodo ecosystem is growing stronger every day so we can be confident that asset chains launched on kmd platform can last for many decades. There will probably be many tokens launched similar to PIRATE with slight tweaks to things like coin emission and marketing, so PIRATE could stay the way it is, and let the market and community decide what happens with adoption of each z-only token that gets launched. Innovation is well served by creative imitation!

grewalsatinder

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Quote from: Big Naturals on September 04, 2018, 05:13:09 PM

Quote from: grewalsatinder on September 04, 2018, 04:27:56 PM

I have edited the OP post and removed Test.

Please figure out as a community what you guys want.

I do not and can not control this assetchain, as I'm neither a miner nor a developer for this assetchain.

Wants to fresh start, do it. wants to make a new assetchain do it.

Don't blame me of what I did not do.

I know you worked hard on komodo for many years, you have a reputation as a hard working contributor who has done a lot to make komodo successful. Getting negative feedback can hurt, but it's honestly given, everyone here dreams of stacking a bag of a future top coin @ fractions of a penny, and then cashing in 50% and making 250k USD, there's nothing wrong with that BUT, in this case with pirate you should not have been telling others not to buy while you were obviously buying big yourself. You probably didn't want to be held responsible in case pirate failed, but in crypto where there are so many scammers everywhere it was a bad look, and can easily be misinterpreted forever, like Dash launch.

Thanks for some nice words.

You do realise the proposal James mentioned, all those PIRATES will solely coming from my pocket which I bought for KMD price of range from 0.001 KMD to 0.00180.

I still agree with u all that discard this chain and start fresh if u want. But that’s not my decision. I can not do anything else to help u guys other than expressing my thoughts on the situation and giving the amount what James is proposing.

I don’t care if my KMD bought PIRATE goes poof!

Just don’t blame me of what it did not do.

Since I was traveling and spending some family time I could not edit the posts on time. Done that today.

Big Naturals

sr. member

Activity: 756

Merit: 268

Quote from: grewalsatinder on September 04, 2018, 04:27:56 PM

I have edited the OP post and removed Test.

Please figure out as a community what you guys want.

I do not and can not control this assetchain, as I'm neither a miner nor a developer for this assetchain.

Wants to fresh start, do it. wants to make a new assetchain do it.

Don't blame me of what I did not do.

I know you worked hard on komodo for many years, you have a reputation as a hard working contributor who has done a lot to make komodo successful. Getting negative feedback can hurt, but it's honestly given, everyone here dreams of stacking a bag of a future top coin @ fractions of a penny, and then cashing in 50% and making 250k USD, there's nothing wrong with that BUT, in this case with pirate you should not have been telling others not to buy while you were obviously buying big yourself. You probably didn't want to be held responsible in case pirate failed, but in crypto where there are so many scammers everywhere it was a bad look, and can easily be misinterpreted forever, like Dash launch.

Big Naturals

sr. member

Activity: 756

Merit: 268

Quote from: jl777B on September 04, 2018, 04:08:02 PM

I suggested that a reasonable amount of PIRATE be made available to the community at mining costs. Something like 5000 PIRATE lots, with some limit like 50 people.

that is 250,000 PIRATE and over 10% the current supply. The community is now knowing about this unexpectedly popular PIRATE and the early birds are willing to set aside a big percentage of their PIRATE for the community.

Mining cost is being calculated now, distribution will have to wait until the weekend. I believe most of the initial sales were at 0.001 KMD per PIRATE, so that is 5KMD per 5000 PIRATE.

first 50 to reserve their spot will get their 5000 PIRATE, no newbie accounts

Why not leave PIRATE as is and start a new asset chain with same z only transactions but some initial stake for Supernet, and a slower mining schedule. This tech is amazing - complete anon with dPoW giving bitcoin level security - but it needs people to trust the team behind it in order to invest their money. A supernet version would get instant credibility, and that leaves PIRATE to do it own thing.

grewalsatinder

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Activity: 186

Merit: 100

Blockchain Technology Enthusiast, IT Pro

I have edited the OP post and removed Test.

Please figure out as a community what you guys want.

I do not and can not control this assetchain, as I'm neither a miner nor a developer for this assetchain.

Wants to fresh start, do it. wants to make a new assetchain do it.

Don't blame me of what I did not do.

jl777B

full member

Activity: 476

Merit: 133

I suggested that a reasonable amount of PIRATE be made available to the community at mining costs. Something like 5000 PIRATE lots, with some limit like 50 people.

that is 250,000 PIRATE and over 10% the current supply. The community is now knowing about this unexpectedly popular PIRATE and the early birds are willing to set aside a big percentage of their PIRATE for the community.

Mining cost is being calculated now, distribution will have to wait until the weekend. I believe most of the initial sales were at 0.001 KMD per PIRATE, so that is 5KMD per 5000 PIRATE.

first 50 to reserve their spot will get their 5000 PIRATE, no newbie accounts

webworker01

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Activity: 4

Merit: 0

Pool is live, jump on in! https://pirate.komodostats.com

Xj385

newbie

Activity: 19

Merit: 0

Obviously ye are reading the discord channel. Then ye should also have noticed that this chain IS still being tested. And there Arrrr other pirates buying as well, however this chain is so new , only few days old, that ye are literally still an early adopter.

Ye are literally bitching about not being an early adopter, yet the chain is still in a state of early adapotion including coding details. They haven't even figured out a GUI yet. Is that why ye are mad?

Ye have the same opportunities as anyone, and still do for probably a few months.

The real problem is ye are a crypto snowflake and have no idea of the definition of words including "fair".

Xj385

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Activity: 19

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Quote from: ?? on ??

Quote from: Big Naturals on September 03, 2018, 05:27:30 PM

Agreed, anyone not happy with the launch can support another coin with same anon properties, and hopefully a slower emission schedule with a pre announced launch time to vaporize all complaints. If someone did that I think they would get a lot of support,

^^^^ This, compulsory z-tx makes zk snark tech fully anon as it should be, but ffs launch it properly, not this pirate ninja circle jerk, build a community with a fair launch, don't say one thing (this is a test only) and do another (buy buy buy), why fuck this opportunity up??

Plol, what is fair launch? Only on bitcointalk is it ever not "fair" enough.

Was 2009 Bitcoin launch unfair to 2012 Bitcoin users? Or was it unfair to 2018 Bitcoin users. Fair to ye is not fair to the next guy.

The dev who started buying did so because it was cheaper than mining.

1 line of code will start ye own chain. Or go back to boo hooo, waaaaa, it's not fair.

We are pirates, not the "fair" armada. Now go mop up that bilge water.

Plol means pirate laugh matey.

Big Naturals

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Activity: 756

Merit: 268

Quote from: Xj385 on September 03, 2018, 11:42:20 AM

Aye mateys,
Stop ye bitching and start ye own damn coin.

I hear with komodo ye can do this with one line of code.

In fact ye wrote more bitchy reply length then that to start ye own chain. Silly landlubbers

Agreed, anyone not happy with the launch can support another coin with same anon properties, and hopefully a slower emission schedule with a pre announced launch time to vaporize all complaints. If someone did that I think they would get a lot of support,

Kangheri

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Activity: 114

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The project is really interesting. It looks promising. What is impressive is that this project is designed for a large target audience (and will be in demand), which can not be said about many other crypto-currency projects.

milomeo

newbie

Activity: 123

Merit: 0

Hi, Team!
I think your idea is really interesting and nice, I like your idea. I want to ask what distinguishes your plan from another project? And can you name any country that works with your idea?

Topic: [ANN][PIRATE CHAIN](ARRR) A zk-SNARKS only blockchain, secured by dPoW - page 48. (Read 50371 times)