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There are two weeks left until our ICO ends, and thus far we have raised over 2400 BTC. It is possible we could raise another 600 BTC, which would set our market cap at 8,300,000 USD with the current Bitcoin price. You can calculate that yourself by using our ICO calculator. The results so far:
- 35% bonus: 500 BTC
- 35% bonus: 0 BTC
- 25% bonus: 980 BTC
- 20% bonus: 606.84 BTC
- 15% bonus: 286.70 BTC
The 10 % bonus ends tomorrow 3PM UTC, and then we will know the final number for that bonus tier.
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Two-factor authentication is now available on our ICO site. Sign in and set it up to get protection against hackers.
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We have decided to translate our website as well as some key documents and news into the major languages. Among our community we found Russian, Chinese, and Spanish translators who will be working for us part-time.
It is a work in progress, but our website already has some Russian and Spanish translations.
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Have you been following us but still don't quite understand everything? Our project is large in scale and things can get complicated.
We have written a full introduction into Komodo and what it has to do with Zcash or SuperNET. We have published it on Steemit and it will be translated into Russian, Chinese, and Spanish.
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We have just released our second whitepaper, it is titled: EasyDEX – A Practical Native DEX.
It explains how we are going to develop a fully decentralized exchange with atomic cross chain protocol and liquidity providers (LP). It requires nodes to run the networking, atomic swap protocol, and LP provider's code. The technology is not dependent on Komodo blockchain, but the functionality will be ported to Komodo's notary nodes.
With this technology anyone can trade the dPoW secured assetchains. The idea is that anyone could create these independent assets, secure them with dPoW, store them in Iguana wallet, and trade the in a decentralized exchange.
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Our two GUI projects are advancing. Below we have a screenshot from the EasyDEX GUI and an explanation from the GUI developer Satinder Grewal.
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The EasyDEX-GUI is HTML code. Adjustable to all screens from Desktops, Tablets to Mobiles. EasyDEX-GUI is the front-end, user friendly view for end users.
The second part, and most important part is iguana core. iguana core is backend. It is the binary which provides backend APIs used by the front-end user interface EasyDEX-GUI... — Satinder Grewal
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The other GUI project – Iguana GUI developed by Boogieman and his team – is also keeping its development transparent. You can follow its advancements by visiting these links:
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Our development is still ahead of schedule, and jl777 is busy developing bonus features. There are many reasons to be confident:
- We are using Zcash mainnet version
- Likely we are already running our mainnet
- Assetchains are merged into komodod
- Iguana can now sync the KMD chain
- KMD can be converted into fiat equivalent (paxdeposit)
- Komodo blockchain is already being notarized into Bitcoin blockchain
- We already have 33 dPoW secured assetchains
- There are 42 notary nodes in testnet
SuperNET has many assets in the Nxt Asset Exchange and we have a plan to bring them to assetchains so they can be traded with BTC on EasyDEX. We will use MGW to transition the assets to their own assetchain. this allows bi-directional transfers, i.e. NXT -> assetchain and assetchain -> NXT. Vanbreuk gave an update on SuperNET Slack:
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A note about MGW usage for assetchains: Tests have already been started and I expect to have the first chains working within this month.
assetchains provide each supported asset a blockchain operated under Iguana, where Nxt assets can be withdrawn, and then used within Iguana workframe - or potentially transferred to other systems that hook to Iguana as well
— Vanbreuk
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Right now the team is debugging notary node ratification, and early next week we will have a hardfork to enable the 5% APR. After that what is left is the reverse withdraw of the pax fiat assetchains and consensus on maximum exposure. Jl777's plan is to finish the remaining komodod changes required by mid-Nov, along with third party chain dPoW functionality.
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Lastly, check out this cool website made by @artik123! It shows all the active notary nodes, Komodo dashboard statistics, charts, recent events and reports.
It is a work in progress.
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