Is Komodo KMD Mining Legal In The Us Rating: 5,0/5 7227reviews

The Official Komodo Subreddit Appropriate topics include: Komodo technology, Komodo conferences and events, Komodo product announcements, questions regarding Komodo's functionality, etc. As this is a professional outlet, we encourage users not to post memes, nor to speculate on KMD future prices, etc. Instead, we invite such users to make these posts in unofficial, community-driven Komodo subreddits. For example: LINKS - - - - THE KOMODO VISION FINANCIAL INCLUSION FOR ALL Komodo is building a border-less world, where horizontal business structure gives a competitive edge. Financial information stays private, and people may save, invest, and prosper without having to worry about politics or corruption.

Is Komodo KMD Mining Legal In The Us

A cloud-based digital economy drives global prosperity. ABOUT What is the Komodo Platform? Komodo is Money We are developing an open financial infrastructure that will form a base for a digital economy where KOMODO will play a central role as currency. Komodo is Fuel KMD coins are the fuel for our platform. The developed decentralized applications and Komodo services may require KOMODO.

Decred DCR Mining Blog more. The ADA wallet is mine. Any ideas if this transaction can be backed out / undone / retrieved? EDIT UPDATE: Just a quick update for anyone else that goes through a similar issue. I connected with jl777 on Slack as suggested. He confirmed that, “if the address is illegal the transfer would have failed, so a. KMD is issued through an Equihash-based PoW protocol, and new block information is inserted on the BTC blockchain by the DPoW notary nodes by creating a custom transaction. This system ensures that in order to 'hack' komodo, one would have to rewrite both chains. Since Komodo uses the Equihash algorithm, it can be mined with CPUs and GPUs.

As such, the coins will enjoy growing demand. Komodo is Gateway KOMODO is also a gateway into other financial assets, such as national KOMODO currencies. Also, other coins will be trading against KMD or many other coins in a new decentralized exchange. Community Guidelines Keep posts in relation to Komodo Posts should be useful and spark discussion Keep discussions fair and respectful No misleading titles If your post can be categorized, use brackets to indicate it in the beginning of your title. For example: [Support] for wallet related posts, [Question], etc.

Posts that attempt to spread FUD, price manipulation, etc. Are subject to removal. Do not broadcast personal information, including your own personal trades. • • • • Wallets ▾ • • • • • • Social Media ▾ • • •. We are very happy to answer your questions. Question 1 Komodo is the infrastructure coin of SuperNET Platform, and it has many use cases in our own apps/technology, and it is in a natural position to be used by many 3rd party apps developed on top of our platform.

Komodo is the first coin to offer the blockchain security service that any other cryptocurrency can use. With that services (or delayed Proof of Work consensus mechanism) a coin can achieve bitcoin level security, just like Komodo is doing right now. So, in other words, a Komodo transaction is secured once a new bitcoin block is founded, because that bitcoin block contains the new Komodo hashes. Question 2 In the previous question, I explained the delayed proof of work feature, which is unique. Another feature Komodo has are the fiat pegged assets (PAX), and currently, there are 32 of them.

These fiat assets already exist, and the technology is working from the command line. In our next Iguana release, we will integrate these into our Iguana Application. Anyone can get these assets through the GUI or command line with a 'deposit' process where Komodo coins are automatically converted into these fiat assets. At any point, you can do a PAX 'redeem' and you will get your KMD coins back.

A consensus about the exchange rates is decentrally maintained by our 64 notary nodes. Another feature is a white-label coin generation kit, which is still under development. With it, anyone can launch a new coin with seconds, select which features he wants, and tweak the parameters of the coin. We will offer a white-label GUI among other services.

We are looking to make it easier to start new blockchain projects. Developers can start developing their technology instantly, without wasting time and money to basic cryptocurrency setup. Another way for a developer to quickly launch an asset is through a colored coin concept (NXT, Waves), however with our solution the team will receive their independent blockchain. So depending on the need of the specific project our platform might be very appealing. Question 3 SuperNET is the organization behind Komodo, and it has a long history of hard work. We have a strong track record of not giving up, and finally, our hard efforts will pay off. All credit goes to our lead developer jl777.

Question 4 During the ICO we talked about many things: Zcash technology, dPoW, pegged assets (PAX), decentralized exchange (DEX), multi-coin wallet. Here's the status of these milestones: • Zcash: delivered, Native Mode still needs more testing and few bug fixes though • dPoW: delivered, we have 64 notary nodes that constantly do group signed bitcoin transactions that give Komodo Bitcoin level security. • PAX: delivered, assets exist and are working, GUI support is just around the corner • DEX: partly delivered, atomic swaps have been made through command line, GUI support coming in few months We haven't talked about our roadmap beyond these features. Currently, PAX has certain limitations, and we are looking to remove those with PAX2.

There are also other things on our roadmap, such as smartchains. Our promises are almost delivered, and the short-term roadmap is soon finished, few more months, and after these, we can start talking about the longer term roadmap ahead. Question 5 I believe I answered this already pretty well! We make constant updates to our homepage, supernet.org.

Another great way to stay on top of things is our newsletter. Sign up to our newsletter through Question 6 Yes, we have two explorers: kpx.io • • • •.