Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zero Knowledge Privacy Secured by Bitcoin
by
KomodoPlatform
on 28/10/2016, 12:35:31 UTC
So in immediate term, Zcash founders/dev/etc. team get 20% of available coins Komodo founder/dev/etc. team get 10% of available coins?

No one personally gets 10 %, they all go towards development just like the BTC we raise in the ICO does. The 10M KMD coins are part of the capital we will have.

What's the difference between regular and notary nodes? Does zcash have notary nodes?

Zcash does not have notary nodes, they are part of a delayed Proof of Work consensus that we are building on top of Zcash.

There will be 64 notary nodes, which are elected by the Komodo coin holders. The notary nodes will notarize komodo block hashes to Bitcoin blockchain and they will do majority of the mining. Mining with normal nodes is not economical.

Komodo: Zcash PoW with dPoW Consensus Mechanism
Notary Node Elections

who becomes a notary node?

Anyone can get elected. If you are interested we recommend you to join #notarynode channel on SuperNET Slack and run a notary node in Komodo testnet.

Setup Komodo Notary Node
https://www.komodoelection.com/

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