Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
to Devs,
During the swap period, devs made statement that swapped BTCD will remain in 1 address and won't do anything which means burnt.
If swapped(burnt) BTCD is re-used by any means, Isn't it double profiting? (illegal?)
It could be violating the terms which made the BTCD/Komodo swap possible.
(creating millions worth of new coin generates enormous tax problems which Komodo devs solved by
swapping BTCD and ICO)
and to hear that swapped BTCD could be re-used again makes me worry because
it jeopardizes both Komodo holders and remaining BTCD holders.
any comment on this concern devs?
During the swap period, devs made statement that swapped BTCD will remain in 1 address and won't do anything which means burnt.
If swapped(burnt) BTCD is re-used by any means, Isn't it double profiting? (illegal?)
It could be violating the terms which made the BTCD/Komodo swap possible.
(creating millions worth of new coin generates enormous tax problems which Komodo devs solved by
swapping BTCD and ICO)
and to hear that swapped BTCD could be re-used again makes me worry because
it jeopardizes both Komodo holders and remaining BTCD holders.
any comment on this concern devs?
Yes, and that statement holds. All BTCD will be kept in that one public address for the duration of the swap.
https://www.blockexperts.com/btcd/address/RXL3YXG2ceaB6C5hfJcN4fvmLH2C34knhA
I have noticed there haven't been any incoming transfers to this address since April the 4th.
What happened to the 50k+ BTCD from the last batch?
Is James gonna gamble with them on Polo?
We don't sell or move the swapped BTCD. It just takes time for them to go to that address. I believe there's some min amount that has to be swapped before it bundles them all into a single transaction and sends to that final address.
Does the Agama app require connections outside the United States to operate correctly?
As far as I know no. Whether you are US resident or no you can enjoy the same GUI functionality as others. However, the recently discovered bug could be due to connectivity issues, namely a fair amount of connections from non-US IPS could trigger some kind of inconsistency in the code and result in what was referred to as bug but there's still the possibility it was a deliberate mistake.
Yeah, Agama Wallet is a permissionless app. You don't have to ask anyone's persmission to use it, just like you don't have to ask anyones permission to send/receive bitcoins. Just do it!
I understand that but, we have a firewall at work that blocks all connections (in or out) outside the US for security reasons. Will it operate properly with ONLY US connections?
It might be the cause of some of the non-reproducible errors we are seeing reported. Intentionally blocking the majority of your connections to a decentralized network is not the best policy, especially if connections are allowed and only data transfers are blocked. In that case, the timeout mechanisms will be invoked. meaning much slowness
the only way to see how degraded the performance is (if at all) with such configurations is to try it and see