Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
I come to understand what he says.
But with his idea of elections
A much more obvious example.
90% subsidy remaining after the 7th node.
8th node 420000 votes 100% subsidy
9th node 39000 votes 90% subsidy
Winner on 9th when he does not have 10% of votes than 8th. The subsidy becomes the most important point.
This seems very unfair neither democratic to me.
But with his idea of elections
A much more obvious example.
90% subsidy remaining after the 7th node.
8th node 420000 votes 100% subsidy
9th node 39000 votes 90% subsidy
Winner on 9th when he does not have 10% of votes than 8th. The subsidy becomes the most important point.
This seems very unfair neither democratic to me.
Ok, I understand now.
Unfortunately that's the situation if the notary node wants our guaranteed subsidy. There's no perfect solution.
The notary nodes need to think hard where they set the required subsidy. If they set it to 100%, then in other words they say that they are not willing to take the financial risk and cannot operate the node with just 90% subsidy.
It's not perfect, but the best solution we came up with.
One last query
Why do you rate kmd in 0 $?
I think KMD should value the ICO price.You really believe that Komodo can be worth $ 0
Thanks
You are misunderstanding something. We don't value KMD as $0.
In USD it should be around 7.5 to 9.3 cents US per KMD based on the final rates published. The higher end if the BTC price is the main measure, the lower number if you factor in the actual value of BTCD.
This of course is an intrinsic value based on investments, market will ultimstely determine the price, right?
The figures that were worked out basically means that the KMD mined per node is about $190 at the current ICO price. So the $4000 is roughly 13 nodes at 100%. By lowering the %b we can get it to the magical 16
