Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
P-Trump runs for KMD node election!
I have been accumulating BTCD since 2014, my bags are full.
On present ICO numbers I am guaranteed one of the 64 notary nodes with my vote alone.
I am looking for an experienced and qualified person to setup and maintain a top quality node that meets all jl777's node specifications.
My guarantee to you 'I will never sell down my KMD, I will have sufficient KMD to get elected forever'
Your guarantee to me 'You will run a high quality node with above average reliability forever'
You will manage and pay for the node, and in return you will get 50% of the profits from the node, forever!
My offer is conditional on me winning a node, which is only guaranteed if there are 64 nodes, and on your ability to prove you can run and pay for a full spec node now.
I will try and verify your claim with jl777 and/or other Komodo organisers before we sign any agreements. By that time you will know I have sufficient KMD to have been elected
If there are less than 64 notary nodes at launch I may not win. If this happens I will keep my powder dry until there is an election for a full compliment of 64 notary nodes. Then I will win a node.
If you're interested please reply here. This is not a first-in-best-dressed offer, so take your time to think this offer through. I'm looking for the best candidate I can find who wants to run a notary node for a long time.
I have been accumulating BTCD since 2014, my bags are full.
On present ICO numbers I am guaranteed one of the 64 notary nodes with my vote alone.
I am looking for an experienced and qualified person to setup and maintain a top quality node that meets all jl777's node specifications.
My guarantee to you 'I will never sell down my KMD, I will have sufficient KMD to get elected forever'
Your guarantee to me 'You will run a high quality node with above average reliability forever'
You will manage and pay for the node, and in return you will get 50% of the profits from the node, forever!
My offer is conditional on me winning a node, which is only guaranteed if there are 64 nodes, and on your ability to prove you can run and pay for a full spec node now.
I will try and verify your claim with jl777 and/or other Komodo organisers before we sign any agreements. By that time you will know I have sufficient KMD to have been elected
If there are less than 64 notary nodes at launch I may not win. If this happens I will keep my powder dry until there is an election for a full compliment of 64 notary nodes. Then I will win a node.
If you're interested please reply here. This is not a first-in-best-dressed offer, so take your time to think this offer through. I'm looking for the best candidate I can find who wants to run a notary node for a long time.
I ended up with 2.69M KMD (i.e. 2.69% of the vote)
I've had a few enquiries so far.
Now that the ICO is over attention should turn towards the coming election.
At one extreme there are tech guys with skills & time to run nodes, but not enough KMD/votes to elect themselves
At the other end there are guys with enough KMD/votes to elect themselves, but not enough time & skills to run a node
Some testnet node operators will have sufficient KMD/votes to elect themselves - my offer is obviously not of interest to you
Some testnet node operators will have arrangements with other large holders now - my offer is probably not of interest to you now (but maybe later)
Some testnet node operators will not have sufficient KMD/votes to elect themselves AND they don't have a current arrangement with another large holder - my offer should be of interest to you!
To those people running testnet notary nodes I will point out the obvious - If you don't get elected, you wont be running a notary node!
I'm looking for a long-term 'set and forget' arrangement. Assuming a standard first-past-the-post voting system, my KMD/vote quota should be enough to guarantee ~1.5 notary nodes ... Forever!
I accumulated BTCD since 2014 in the hope of securing a hassle free income stream for many years, I'm planning to hodl my KMD for many many years.
If you want a hassle free income stream for many many years too, but you're not 100% sure that you'll get elected, and KEEP getting elected, then my offer might be worth considering.
If I can't come to a mutually beneficial long-term relationship then I'll bite the bullet and pay someone to setup and manage a node for me, and I'll keep 100% of the profits.
BUT, I'd be happy with 50% of the profits if I didn't have to worry about ANYTHING.
I do really want a set and FORGET arrangement, and I'm prepared to pay 50% of the profits from running a notary node to get it.
This is an pretty impressive ammount you have there
Allow me the question, how will you ensure you can definitely get one node actively running? I understand there are 16 spots in each region. Everybody has one vote for each of the 4 regions. So for one region there could be the scenario, that you will be outvoted, especially with combined voting power of others. This assumtion is also valid for the other regions. Just curious how you can ensure this offer with 100% confidence...
Cheers!
Yes, I was not aware of this aspect of the election process (each KMD votes in each region). I had anticipated a node quota being 1/64 of 100M KMD, with this scheme a node quota will be 1/16 of KMD, which is 6.25% of the vote. Even with ~2.7% of the vote I am clearly well under half a quota now. I am considering whether to run now at all as I don't believe I would get elected now. My 'plan B' option of hiring a node operator myself to run a 'guaranteed' node looks to be dead in the water. Maybe 2-3 other individuals could combine votes with me into 6.25% of the total vote and then we run 4 guaranteed nodes, but that is more difficult. As I said above, I prefer a set-and-forget arrangement that gives me a nice income stream. Less is more for me if the arrangement is simple and easy to manage!
Others have mentioned the likelihood of 'voting pools' starting eventually, similar to mining pools in PoW coins, and forging pools in NXT. I will wait and see what happens there. I am not too keen on the idea of just selling my vote to the highest bidder, but 2.69% of the vote does have some value. I do want to see viable and stable node operators emerge, but where there are elections and money involved, there will always be coalitions, horse-trading, & deals made to get people elected. I will wait and see what happens. I will say I have no complaint on the election scheme. I was not aware of this detail, but it makes sense why it was chosen.
It is like the swing states votes. A relatively small amount of voting power determines the winner.
I think it is good that a large stakeholder is actively campaigning and I would assume many others would too and so you should get votes from the rest of the voters.