Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
jl777
on 05/05/2017, 15:41:23 UTC
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?


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?
initially the funds are deposited into an individual deposit address
then manually it is swept into the main address.
so the funds that are not swept into the main address are still in the individual addresses