Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
_mr_e
on 20/11/2016, 01:33:41 UTC
I went through the Komodo white paper, the concept looks good, and notory concept is ok as per dPoS, however the central question is really how BTC will allow you to send your transaction to their blockchain? Certainly they can't allow this, otherwise X coin, Y coin all can do the same, which will mess up BTC chain. Without it, the Komodo will be nothing new, it will be a plain PoW or PoS coin.

Maybe dev can provide some more details how you can get to Bitcoin's blockchain?
I have spent a lot of time to use totally standard transactions:

https://blockchain.info/address/1P3rU1Nk1pmc2BiWC8dEy9bZa1ZbMp5jfg

If these are made illegal, a large number of other transactions will become illegal and I really doubt dPoW represents any danger to BTC, in fact it leverages BTC and helps BTC.

Thanks for the reply. While you can make transactions conforming BTC's protocol, if they keep accepting these, the already huge BTC blockchain will become even bigger, I can't imagine how they could allow that (remember Komodo will not be the only one). It's a great concept to use it, but at some point they will have to stop it, unless you will convince them to make it like Ethereum, with sidechains etc trying to cover the whole world. In that case, maybe yes, but they'll have to change big their structure.


Who is "they" and how would they stop it?