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Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin November 13, 2016, 03:38:21 PM #2417 Quote from: jl777 on November 13, 2016, 03:25:01 PM Quote from: loremipsum on November 13, 2016, 03:13:44 PM Quote from: jl777 on November 13, 2016, 01:37:40 PM Quote from: loremipsum on November 13, 2016, 01:27:25 PM I am aaking this again as nobody replied. Maybe jl777 could think about it.



I have read in previous posts that KOMODO will use the same parameters from the trusted setup like Zcash. Wouldn't it be better to generate our own trusted setup? KOMODO will be a very well funded project and could gather some highly trusted people in a controlled environment to perform the trusted setup. This way it can differentiate itself from Zcash and also build credibility.

What you suggest is easier said than done.



Who would these highly trusted people be? Who will recruit them and get them to spend the day that it takes to conduct the parameter generation?

What you suggest is easier said than done.Who would these highly trusted people be? Who will recruit them and get them to spend the day that it takes to conduct the parameter generation?

Some trusted people from the bitcointalk forum. ~10 people would be enough. The KOMODO team can choose and recruit them. Or they can be chosen by a poll, again here in the forum. It needs to be as transparent as possible.



Quote from: jl777 on November 13, 2016, 01:37:40 PM I dont see any issues with how zcash generated the parameters, but if there is a practical way to generate our own then I can consider that.



I do not believe that the toxic waste exists as I am confident that more than one of the zcash participants is not colluding with all the others. You do realize that ALL of the participants would need to be colluding for the toxic waste to even exist?



Quote from: KomodoPlatform on November 13, 2016, 01:37:24 PM But could we ever manage to make the process more trustworthy? They had prepared for it a long time and used very experienced guys to do it. If we would do the same it would definitely delay our launch.

Would it be worth it?



Yes, I know ALL of them would need to be compromised. There is a 0.00001% possibility of this happening, I agreee with this. But it's not so much of a security problem, but a way to show that KOMODO is not a shadow of Zcash. Performing the trusted setup in a more transparent way can help build a lot of trust in this coin. Again, I don't know the technicals in details so if you think it would delay launch, then its definitely not worth it.





Quote from: jl777 on November 13, 2016, 01:37:40 PM At this point, this is not any high concern. Next year, when protected supply auditing will be available, there will be proof that parameters arent being abused.



Actually I was not aware of a supply auditing. Can you give more info on that?

Thanks

Some trusted people from the bitcointalk forum. ~10 people would be enough. The KOMODO team can choose and recruit them. Or they can be chosen by a poll, again here in the forum. It needs to be as transparent as possible.Yes, I know ALL of them would need to be compromised. There is a 0.00001% possibility of this happening, I agreee with this. But it's not so much of a security problem, but a way to show that KOMODO is not a shadow of Zcash. Performing the trusted setup in a more transparent way can help build a lot of trust in this coin. Again, I don't know the technicals in details so if you think it would delay launch, then its definitely not worth it.Actually I was not aware of a supply auditing. Can you give more info on that?Thanks



Also generating them is a highly technical process, so even if we have 10 trusted people they might not have the tech skills...



zcash team is planning on adding a total supply audit function next year. That at least allows detection of any foul play and since it is just a low probability event, being able to detect it will put an end to the fudding about it.



That being said, if you want to coordinate finding the trusted 10, then I can encourage that. We just have much higher priority things to do than deal with a fudvector against an infinitesimal probabilty unlikelihood





It would be a hardfork and definitely delay launch to change parameters.Also generating them is a highly technical process, so even if we have 10 trusted people they might not have the tech skills...zcash team is planning on adding a total supply audit function next year. That at least allows detection of any foul play and since it is just a low probability event, being able to detect it will put an end to the fudding about it.That being said, if you want to coordinate finding the trusted 10, then I can encourage that. We just have much higher priority things to do than deal with a fudvector against an infinitesimal probabilty unlikelihood

Okay, you're right. There's no point if it needs a hardfork and delay launch; and since there will be a Zcash supply audit next year. Okay, you're right. There's no point if it needs a hardfork and delay launch; and since there will be a Zcash supply audit next year.