Quote from: pufuletz on October 28, 2016, 08:59:10 AM

Does Komodo come
--without the 20% founder mining reward?
--without that 6 trusted custodians thing?

if so, in what other ways is it better than zcash? any big dev names associated with this?

Yes, there are no founder mining rewards.

In launch we will sell 90M KMD coins out of the 100M. The remaning 10M is reserved for development, advisers and bounties.

After the launch the Komodo supply will inflate to 200M over 14 years.

The mining is different from Zcash because we are building the dPoW consensus on top of the Zcash equihash PoW mining. This means that the Notary Nodes will do majority of the mining with an easier difficulty, and the other normal nodes will have a higher 'normal difficulty'. Thus it is not economical to mine KMD with normal nodes, but the system ensures that the mining (and the network) continues even if the notary nodes would disappear for some reason.

The Notary Nodes will receive blockrewards and the tx fees.

Anyone holding KMD will receive 5% APR from (like staking awards) when they send a normal non-anon TX. The reward is paid from the last time you sent it. So if you hold 1000 KMD for 6 months without moving them, you would receive the interest once you send them to a new address.

About the trusted setup

There is no way for us to create the parameters more securely than the Zcash team will, thus we will use the same parameters. The topic has been addressed before by jl777, see:
https://bitcointalk.org/index.php?topic=1605144.msg16257692#msg16257692
https://bitcointalk.org/index.php?topic=1605144.msg16352842#msg16352842
https://bitcointalk.org/index.php?topic=1605144.msg16636554#msg16636554

Also the Zcash blog posts are relevant:
https://z.cash/blog/generating-zcash-parameters.html
https://z.cash/blog/the-design-of-the-ceremony.html

We don't see ourselves competing with Zcash. We are simply using their privacy technology because it is the best technology available. We expect there to be many Zcash forks, and we are just the first one. Many different projects require privacy, and that's why they too are an open source project ... so different projects can utilize their technology.

Here's what jl777 things about competition with Zcash: https://bitcointalk.org/index.php?topic=1605144.msg16592269#msg16592269

But what makes us different from Zcash? From privacy standpoint: none. However there are two major things, 1) we have the new dPoW consensus mechanism that can be used by third party blockchains as an additional security layer, 2) Komodo integrates and is used by the overall SuperNET technology / ecosystem.

We have one quite famous developer: jl777. He's the lead developer of SuperNET, Iguana, and Komodo. Recently he came up with a way to describe these three things very simply: "SuperNET is the vision, iguana is the software, komodo is the coin".