Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
Hello!
It is actually a small misconception that our whole team would be anonymous.
Our community manager Audo appeared in a Spanish interview with his real photo. The English transcript can be found from here and later from our website also.
On Friday we will appear in a live interview with coininterview.com. There you will meet Polycryptoblog and Grewalsatinder.
Also many of the people working for GUIs are not anonymous. Likewise TwinWinNerD, one of the key holders, is the CEO of bitpanda.com.
It is true that there are some anonymous members, like our lead developer jl777. We just value the past achievements more than official names and credentials, and because some of the team members are anonymous we all decided to wear nick names and avatars on the introduction page.
- Komodo is a BTCD 2.0, so the BTCD's are swapped for KMD after the ICO
- NXT has no longer nothing to do with Komodo or SuperNET
- Official ICO address is https://blockchain.info/address/35Rwwc9e2Mj7smFXJ1iXF826cMW3tqfz6x [but do not send investments directly there]
- There will be 100M KMD (out of that we sell 90M in the ICO). In time we will have total of 200M KMD due to inflation.
- Mining is done by Notary Nodes, and to become a notary node you will have to be elected.
If you are interested about becomeing a notary node here are some useful links:
https://github.com/SuperNETorg/komodo/wiki/Setup-Komodo-Notary-Node
https://www.komodoelection.com/
https://steemit.com/komodo/@komodoplatform/notary-node-elections
https://steemit.com/komodo/@komodoplatform/komodo-zcash-pow-with-dpow-consensus-mechanism
https://komodoplatform.useresponse.com/topic/can-you-give-me-information-about-the-notary-nodes-election-process
https://komodoplatform.useresponse.com/knowledge-base/article/do-we-need-to-have-the-dedicated-server-already-in-place-for-the-vote-or-is-it-enough-to-describe-the-server-which-will-be-ordered-after-a-successful-candidacy
I get it now ! thanks. but when I asked about the wallet I didn't mean where the funds are sent but I meant the coin for the wallet itself (like Bitcoin have Bitcoin Core/Electrum/Multibit HD etc... ) , another question ... Is this coin open source ? and is it decentralized ? and how would you compare yourself to other "anonymous" coins like Monero , Dash & Zcash.
There will be two GUIs for Komodo. The first GUI is Iguana, which is a SuperNET multiwallet that has been in development long before Komodo was announced. Through that GUI you can use Komodo in its transparent mode, i.e. send normal transactions.
The other GUI is being worked on by Satinder Grewal, and it will also be able to send out the anonymous transactions, i.e. protected mode.
The mainnet is scheduled to launch two weeks after the ICO has ended. Probably we won't have the anonymous transactions in a GUI format at that point, but we should have the Iguana GUI with transparent transactions. The Iguana GUI team led by Boogieman's team has been doing great progress. They make constant updates in SuperNET Slack channel #iguana. We have combined those updates into a gallery.
Yes, it is all open source!
Iguana - https://github.com/jl777/SuperNET
Komodo - https://github.com/jl777/komodo
Are we decentralized? Yes, the whole SuperNET project is about decentralization: decentralized multicoin wallet, decentralized exchange, decentralized poker, decentralized pegged assets. Komodo is also decentralized, as we use the Zcash equihash mining as our initial consensus. However, in dPoW the data has to be notarized into the bitcoin blockchain by group transactions, which means only a limited set of nodes can do that. In dPoW we came up with 64 notary nodes that will give that Bitcoin security. Maybe someone could say that it is not as decentralized as having 1000 nodes, but it is quite decentralized nonetheless.
Komodo is a Zcash PoW fork that adds the dPoW consensus on top of it. The system is not dependent on those notary nodes, as without them we would seamlessly continue with the normal PoW mining done by the normal nodes. See this picture.
That brings me to the competition aspect... As I already stated Komodo is a Zcash fork, which means we will have the exact same privacy technology. However, Komodo is much more than just a private payment system.
In any case we don't see ourselves competing with Zcash. We are simply the first fork of the many Zcash forks we expect to see. Many different projects require privacy features, and those are provided by their open source technology. We have discussed the Zcash competition aspect before, see:
- https://bitcointalk.org/index.php?topic=1605144.msg16592269#msg16592269
- https://bitcointalk.org/index.php?topic=1605144.msg16592178#msg16592178
Then how does the Zcash tech do against the other anonymous coins? Basically it's a totally different way to achieve privacy. If you are interested you can read more from Zcash's website
Also some interesting links:
- https://forum.z.cash/t/what-does-the-zcash-team-think-of-monero/1465
- https://steemit.com/blockchain/@juansgalt/zcash-futures-at-2-2-billion-market-cap-is-it-s-technology-that-good-report