Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?
Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap
I can't think of any reason this tech needs mining for distribution, security comes from dPoW
Carefuly read the points of notes in first thread.
Airdrop would need to be claimed, recipients sign their zk snark only AC address with their kmd private key to indicate what their KMD balance is on the snapshot date. Bitcore BTX used this method for their bitcoin airdrop, so it requires user action to claim, not automatic like btc:bch
That would work, right? Is the problem you see from notarising?
Still dont get it?
dPoW is not possible as of now for private Assetchain.
PoS is not possible as funds end up in z address.
U are only left with mining option.
Ok, I saw discussion in discord that sounded like notarization of these private z only assetchains was possible with some modifications, if that isn't correct then any airdrop would have to be less than full coin supply, leaving room for miners. Can't see a problem with kmd holders signing their private AC address to claim an airdrop though, but maybe I'm missing something. The other obvious alternative is allocate a proportion to Supernet from the start, a standard premine, could be 25%, then mine the rest.
If there is a way to distribute one of these z private AC tokens widely to current supporters of the komodo platform it would solve one of the problems all crypto have, adoption, so I think it's a worthwhile goal.
Yes dukeleto experimenting to see if dPoW is possible or not. There is no news on it. That is why I said as of now
Suggest ur idea in discord right now, while u can.