The exchange rate 1BTCD=50KMD will be the same for all the period of the swap (1 year) ?
Basically yes, but the exchange rate will decrease slightly every day to account the 5% APR bitcoindark has. With this we ensure there won't be more BTCD than there are KMD reserved for the swap.
The exchange rate 1BTCD=50KMD will be the same for all the period of the swap (1 year) ?
I hope this project will not be a mistake for investing into it, there seems to be no real update on the project, no real wallet and the swap deal seems fishy to me and the just doesn't make any sense as days pass
Hi! We have explained the situation many times, and it's somewhat silent here because there's nothing to update. We are waiting for the ICO site to finish, and after that will announce the schedule for elections & KMD distribution.
Regarding the ICO site there were some good news: we have been successfully testing the BTCD swap feature through an "ugly GUI". The thing works, and now our other dev is implementing it to the actual ICO website with the pretty GUI. We all hope this is done soon, and things will start moving once it is done.
Regarding the wallets: they are being tested by the team. There are still bugs and issues, so they are not published with easy installers. There have been some alpha releases, and multiple screenshots. The team is working hard to get a fully working GUI with "one-click" install ready for the KMD distribution.
The progress can be best observed if you
join our Slack. The most active channels are: #iguana, #komodo, #GUI-development, #general, #elections, #notarynode
EDIT: Just yesterday jl777 gave an update regarding the Komodo development:
Last Few Weeks of Development Until Launch