Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
PondSea
on 26/11/2016, 22:09:32 UTC
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.

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 the example used it seems
https://bitcointalk.org/index.php?topic=1605144.msg16985638#msg16985638
4000$ is 800%
100% is 500$
You are rating kmd 0
If you value KMD price ico. 100% subsidy is not 500 $ is 300$ more or less.
As it says pondsea.




Look at "The Guaranteed Subsidy" section in the same post.