How Long It Takes To Mine A Komodo KMD

README.md Komodod This software is Komodo client, generally you will use this if you want to mine KMD or setup a full node. It downloads and stores the entire history of Komodo transactions; depending on the speed of your computer and network connection, the synchronization process could take a day or more once the blockchain has reached a significant size.

Development Resources • Komodo Web: • Organization web: • Forum: • Mail: • Support & Guides: • API references: #Not up to date. • Komodo Platform public material: List of Komodo Platform Technologies Delayed Proof of Work (dPoW) - Additional security layer. Zk-SNARKs - Komodo Platform�s privacy technology Jumblr - Decentralized tumbler for KMD and other cryptocurrencies Assetchains - Easy way to fork Komodo coin Pegged Assets - Chains that maintain a peg to fiat currencies Peerchains - Scalability solution where sibling chains form a network of blockchains More in depth covered Also note you receive 5% APR on your holdings. Tech Specification Max Supply: 200 million KMD.

Every KMD holder will get 5% annual percentage rate (APR) automatically. No other action is required than moving the funds between wallets once a year. Once the funds get moved the new address will be credited with new KMD coins based on how long they were in the previous address. The process has nothing to do with mining or notary nodes. Nice updates guys, I'm feeling good about this project again. I was initially surprised that the Monaize news was all that was going to be revealed and the 'big' news. Estimate the profit you can make mining Komodo (KMD). Level of Komodo. It will also show you how many days it will take you to break even, considering your initial contract costs for cloud mining or your hardware costs if you're mining at home. We don't have any cloud miners listed for Komodo yet, check back soon!

Fast Hash One ZenCash ZEN Mining Machine. Block Time: 1M 2s Block Reward: 3KMD Mining Algorithm: Equihash About this Project Komodo has being evolved from Zcash project, where we used some of their codebase and extended it with new technologies. Same Zcash is based on Bitcoin's code, with differnece Zcash intends to offer a far higher standard of privacy through a sophisticated zero-knowledge proving scheme that preserves confidentiality of transaction metadata. Technical details are available in our. Getting started Dependencies #The following packages are needed: sudo apt-get install build-essential pkg-config libcurl3-gnutls-dev libc6-dev libevent-dev m4 g++-multilib autoconf libtool ncurses-dev unzip git python zlib1g-dev wget bsdmainutils automake libboost-all-dev libssl-dev libprotobuf-dev protobuf-compiler libqt4-dev libqrencode-dev libdb++-dev ntp ntpdate Komodo We have a release process that goes through several stages before it reaches master.

This allows the most conservative users just use the master branch, which is only updated after the other branches have signed off on a release. 99% of the activity is in the dev branch, this is where I am testing each change one by one and there are literally thousands of updates. Only use this branch if you really want to be on the bleeding edge. I try to keep things stable, but there are times where necessarily there are bugs in the dev branch, since I am actively developing and debugging here. A good rule is to wait for at least 4 hours from the last update before using the dev branch (unless you know what you are doing) After things look good in the dev branch, it is propagated to the beta branch, this is the version the notary nodes use. They are knowledegable command line server guys and so they have a keen eye for anything that wasnt caught during the dev cycle. After the notary nodes verify things are working and the latest release is deemed stable, it is propagated to the dPoW branch.

From here an automated Jenkins process builds it for all OS, and since the notary nodes are all unix, it is possible for some issues to be caught at this stage. The dPoW branch is what goes into the GUI installers.

After the GUI are updated and released and it is verified that no significant support issues were created, the master branch is finally updated. Master branch: exchanges and users that build from the repo without changing branches dPoW branch: autobuild into GUI installers, unix, osx, windows beta branch: notary nodes, command line unix dev branch: bleeding edge, possibly wont even compile, multiple updates per hour git clone cd komodo #you might want to: git checkout; git pull./zcutil/fetch-params.sh # -j8 uses 8 threads - replace 8 with number of threads you want to use./zcutil/build.sh -j8 #This can take some time.

Author: Kaloyan Roussev Date: 9 September 2017 Do not make investment decisions based on this article – read the before you proceed and leave the website if you disagree with it. It is 9 September 2017 today.

This review takes into consideration investing in KMD at its current price at $2.87 Komodo – the answer to the ICO legality problem? How do I rate an investment in this project at the current price? (TL:DR) The price went up recently because of the hype around the Stockholm announcement from Friday.

Now it might be time for it to settle down for a bit, and then for whoever believes in this project will be a good time to buy before further bullish events. I would buy at around $1-1.20.

I WILL buy below $0.80. Many users complained about the lack of professionalism in the presentation here and there’s a great deal of sloppiness in the entire operation behind the project – this might make up for an undervalued potential (a bargain price) but it might also be a reason for things to remain that way. Can’t make the call on this one. Project/token summary Update: You can read some clarifications on the project and its backstory further down in this article by their team member Jason. Komodo is a part of something larger, called SuperNET (That’s also their slack name) – and it is a rebranding of BitcoinDark (BTCD) – Komodo is yet another platform to run Dapps on, but its competitive edge comes from their innovation around decentralizing the ICO process – in an attempt to sidestep the ICO legality issue. Here is a very involved user’s take on the dICOs announcement: Here is a good sentence that might sum up what Komodo is all about: “My very rudimentary understanding of this would be, as I state in the title of the post: Komodo means to become to Ethereum and NEO what Monero (and ZCash/Dash) are to Bitcoin.

A private and anonymous platform, where people can freely make decisions according to their own laws, rather than those of other another country.” They offer white-label solution for enterprises that need an own blockchain (similar to ARK) Komodo is somewhat sloppily implemented, chaotic, well-meaning project, intertwined in the web of supernet, iguana, monaize, barterdex – it is all over the map, and it lacks good presentation skills, it requires the potential user to be very persistent in their research. You might wanna also look into, which will be the first project running on their platform, and who are supporting Komodo financially. They are an e-banking platform for small businesses and freelancers. Here are some important related keywords: smart-contracts in many languages, private transactions, lightning network, agama wallet, UQUID card. Is supposed to be a decentralized exchange that allows for atomic swaps (users transfering cryptos to each other without having to send them to the exchange first) but for the life of me, I can’t find where the actual exchange is, and how to use it, if it exists, although information on it exists from a year ago (and I don’t know how Komodo relates to it – maybe if this becomes reality, Komodo will be a base currency there?

Educated reader, please help me out here)*; and also from the same developer: * Found out later on that it is in development ATM Agama Iguana confusion? Electroneum ETN Miner Reward Estimation Calculator. BarterDex (InstaDex, EasyDex. OMG) confusion? Branding/Positioning – in the “platform for decentralized apps” market category, we already have the established leader- Ethereum, and the viable alternative (under fire) –, and the now supposedly better alternative to the alternative – Komodo. And there are some other dapp platforms as well (, if they deliver,, to some extent).

This is a tough spot. According to branding research done in the past century, the two leaders in a category more often than not, take 80%+ of the market share and the mind share (association with the utility in the consumers’ minds), so the remaining crumbs are spread across many guerilla competitors with narrower niches in the category. Seeing that Ethereum is $300+ and Neo is what – $20-30, at $2.87 Komodo might be in the right place, with a bit more to gain (after all the crypto scene is one where technical specs have a much higher power over brand perception, because most crypto investors are tech-savvy). I think the notion of “decentralized ICO” should become their keyword, their UFC. They should focus their branding around it. It should stand out. Not the “Independent blockchain, micropayments, security, anonymity, decentralized economy” or “komodo is money, fuel, gateway” thing that I can see at every crypto website I visit.

Token utility – a reader suggested that we explain what is the actual utility and purpose of the coin for each project. Komodo tokens will be the GAS of the komodo platform and they will be used up in operations on it. Upcoming bullish events – the release of the BarterDEX exchange Website: Coinmarketcap: Exchange: • Website: does it look good/presentable – looks okay. Some sloppiness here and there – although their live stream has ended, they still haven’t removed the youtube widget from their website.

There is a copy/paste error in the footer and the Twitter link leads to their facebook page. The developers page is eye-hurting red. “As seen in the press” section is present but there are no articles in it.

No link to the roadmap or whitepaper, although they are to be found on the same domain via Google search. • Roadmap – a google search lead me to this: – I don’t know how to get to it from the main website. It is extremely uninformative although it looks pretty. • Whitepaper – yes, found it via Google search it is entirely focused on the algorithm. Nothing about the platform itself. • What is their progress according to the roadmap – they are working on the decentralized atomic-swap exchange BarterDEX • Website: Is it a quick wordpress template, a 2-hour html job or a custom design with lots of work, money and thought thrown at it – looks custom and bad.

• What new does this cryptocurrency bring to the world, what problem does it solve, what does it stand for– enables developers with many programming languages to build decentralized apps, but most importantly at this point – DECENTRALIZED ICOs. And also – Whitelabel blockchains. • How does the cryptocurrency name sound (does it sound legit and like a good brand name) – reminds me of the Roman Emperor Commodus, the son of Marcus Aurelius, who wasn’t a very good emperor.

There are also other things named Komodo out there. Weren’t there other available options for a better name? • How does the logo look – looks good, different. • Is it a PoW, PoS or PoW/PoS coin, what is the mining difficulty or APR, does it suffer from inflation – This is interesting – dPoW (delayed proof of work) which piggybacks on an existing bitcoin-type blockchains to utilize their work, it is said to be more efficient than PoW because it doesn’t waste electricity. Their whitepaper goes on and on about it, if you’re interested in the technical nitty-gritty.

It also has a group of Notary nodes (reminiscent of the DPoS system) elected by stakeholders. Here’s all I found on inflation (from bitcointalks) “Supply starts at 100 million. Average inflation rate is 5% + mined blocks until 200 million is reached in approximately a decade or so.” • Who is behind the cryptocurrency – are they shady figures, or have they placed their names and pictures on the website; what is their track record and reputation; do a quick google/github research on them – couldn’t find anything, but I guess these guys here, might be the people behind the project, couldn’t hear their names well.

Showing their faces, introducing themselves, this is enough proof for me that they aren’t shady figures (at least not too shady) • What is the limit on supply of coins in circulation – 200 million • Is there a link to the source code – – a user had suggested that they move the source code under a more authoritative repo named after the project. It is a ZCash fork • When was the last commit made, and how frequent are commits– a couple of days ago.

Incredibly sloppy though – all the commits are called “Test”, but looking at their contents, at least it’s real code. • How many developers participate in the coding – 1 • What the project survival relies on – the Bitcoin blockchain (although their whitepaper says their dPoW operation can attach to another bitcoin-type blockchain). Legality issues – their claim to be able to sidestep the ICO legality problems, I don’t know if it will hold. • Will this project survive a cryptocurrency bubble burst and does/will it have enough of a following that needs it every day – I don’t think so. Only a handful of the leading cryptos will remain, and this is a rebranded copy, a fork, a me-too in the dapp space. However, if BarterDEX becomes one of the big exchanges, and Komodo is a base currency there, that might not be the case. Atomic Swaps and decentralization in exchanges is huge.

• Competition – Ether, Neo, Rise, ARK Exchanges and trading • Which exchanges (and how reputable they are) is the coin traded on – bittrex – good one! • Daily trading volume – $41 million! • Market cap – $289 million • Are there buy (support) or sell (resistance) walls – perfect equilibrium – can go either way. • How does the chart look – the rise in price was due to the announcement they did live on youtube.

Could’ve went up higher but it coincided with bittrex being down and China local exchanges FUD. Social • Is there a Bitcointalk forum Announcement thread – • How many pages is it – 600+ (I guess it was first a BitcoinDark one, then got renamed to Komodo) • History of the coin according to the forum and general public impression of the coin throughout – read the first 10, last 5 and several random pages – starts out with BTCD swap for Komodo tokens conversation and bounty hunters hunting bounties. Is a project member, actively participating.

At page 100 they announce that they are hiring 5-6 people using the ICO funding. The developer is also there.

Constructive discussions. How to use the wallet, how to participate in the ICO, how to swap coins. It seems that there’s always something brewing in Komodo world, so if that remains to be the case, there might be more reasons for the price to go up. There was a bug in March that brought the price way down, that was fixed later on. In the latest pages more and more enthusiasm is apparent. Many users being confused about the many interconnected things in the Komodo universe.

People bullish on the price in the near future. • Do they have a blog, anything interesting on it? – they have a blog with one blog post on it • Is there a slack channel – • How many members on slack – 4k+ • General sentiment on slack – constructive discussions • Is there a Twitter profile for the cryptocurrency and does it post regular updates, how many followers 13k followers, very active • Is there a Facebook page for the cryptocurrency and does it post regular updates, how many likes – 1.4k likes, very active Suggestions for improvement • Branding: pick something unique and tangible to stand for, and shy away from the buzzwords. Decentralized ICOs, atomic swap exchange and white-label blockchain solutions are good suggestions • Presentation: get a copy writer to revamp your content, and do all of your public communications • Presentation: include a massive FAQ (or even glossary) on your website explaining each associated project, renamed project, ongoing endeavors • Presentation: include a real roadmap about projects with quarterly deadlines • Presentation: don’t ever do another live video like the one on Friday.