Summary of Friday, July 20th AMA on /r/AMA discussing the Komodo Platform.

You can read the full AMA on Reddit here.

An AMA stands for “Ask Me Anything,” which is an internet term used to describe an interview that occurs between the hosts and all the other users who want to ask questions.

This little guy is the mascot of Reddit, and they call him ‘Snoo' .

Q1: What do you think it will take for new blockchain startups to go with KMD instead of EC20 Tokens?

Well no-one worries about security until they get attacked — we’re seeing projects like GameCredits and many others adopt delayed proof of work. Also ETH is like a motorway. When you build on it, you’re going to be impacted by other projects, congestion, governance issues (i.e. toll bridges) etc… so you can really suffer. Komodo gives you your own motorway and if it gets congested can open up more lanes. It also protects you through delayed proof of work. I already know that there are a large number of ETH projects talking, thinking and looking to move off of Ethereum. They are interested in independence so it’s a question of getting our tech in front of them. What it’ll really take is the public to see a project using our underlying tech (think Intel powering a super powerful laptop that the public adores).

Q2: When will Komodo have a mobile application for Android or iOS?

I know the Android is literally being tested now… I don’t have an exact ETA but it’s happening. There are also other projects that already have mobile wallets up that support Komodo.

Q3: Are there any Komodo dragons in the office to inspire the workers?

The world is our office. So Yes. Also, some parts of the office are not best visited. And you’ll need visas to go from room to room. We’re working on this…

Q4: What’s your favourite cheese?

Cave Aged Cheddar from Wookey Hole or fried Halloumi.

Q5: What do you think of the Chinese government?

I’ve not spent enough time educating myself on Chinese history, politics or law to form an opinion.

Q6: What’s your middle name?

Rumpelstiltskin.

Q7: Do you know who is your boss? And how do they call you at work?

We use messaging platforms like Discord and voice comms. My boss is Steve Lee who is CMO and I’m also answerable to our community.

Q8: What do you think about the GameCredits integration? Will komodo’s platform provide the security that small chain needs, or do they need more?

Security is something you can never have enough of. If someone wants to break into your house badly enough… they will. The best a project can do is maximise security, however, I don’t think we could make guarantees. Delayed proof of work is a counter.

Q9: Since the Bancor “hack”, Jackson Palmer researched a few other crypto groups claiming decentralisation, yet having code which allows controls which proves this untrue. Can you explain how decentralisation works on BarterDEX/HyperDEX and when dICO tokens are launched in the Komodo ecosystem?

We don't control who uses the barterDEX software and there are over 14,000 different netids that can be used. so we don’t even know if these netids are used, let alone who is using them. > >A dICO can be conducted by anybody using the tools we made and by creating marketmakers on their netids, can conduct a dICO. the atomic swap process has coins always in the control of the people who are trading or the special atomic swap protocol p2sh addresses. Those are subject to the atomic swap protocol which is carefully designed to allow people to either complete trades or get to where things were before the trade, ie. atomic > >Now some people use SPV servers and these SPV servers need to be run by somebody, but it is important to note that SPV based swaps are a convenience for those that dont want to load the full blockchain and all signing is local, privkeys never leave the node. — answered provided by JL777

Q10: Is the delayed PoW degraded performance? How does the system protect the execution of contracts against the human errors in programming those contracts?

It’s not degraded performance.What dPOW does is simply tweak the longest chain rule and make it the `The longest publicly witnessed chain rule` . i.e., whichever is the longest chain that has been witnessed and notarised onto BTC chain(or whichever is the current highest hashrate POW secure chain) wins. So if your chain is not being attacked then there is no difference. But if your chain is being attacked (i.e., stealth mining a longer chain to double spend a transaction from the shorter Public chain) , you will have to make sure that the blocks in which the transaction you are considering final has been notarised. The above mentioned attack will work on all the low hash rate chains right now, but with dPOW implemented, the stealth chain will be rejected by the network even if it is longer as it wouldn’t have been notarised. It doesn’t. But the lofty goal of Ethereum to be the world’s computer is not really required to create and execute most of the practically required smart-contracts. The more general purpose (turing-complete) you make the scripting language, the more possible there are bugs in both the implementation of the language and the contracts themselves. Also the current problems of Ethereum come from having to do most of the computation on-chain. There has been a new standard in development called Crypto Conditions which has been implemented into Komodo source code and in testing currently. These have been named simple contracts and been working on the Bigchaindb network. This article explains how simple contracts are useful and help write contracts that are transparent and relatively bug free .— answered provided by gcharang

Q11: Where is the best place to find resources for developing on the Komodo platform?