Komodo Pioneers Achievements 2018–2019: Full Report
The first year as a Komodo notary node was a success. We maintained a stable notarization service with our Australian server throughout the election year of 2018–2019. Through the efforts of ours and of the other notary operators we were protecting dozens of Komodo Platform blockchains as well as a number of external blockchains. There were even a few 51 % attack attempts, but the security solution jl777 had pioneered proved itself and defeated those attacks.
This is just a beginning. Now we are about to enter another election cycle and the Komodo community will elect 30 new notary operators. We expect that Komodo Platform and its security service will gain more recognition in 2019 and 2020 as it is the only available and practical way to secure and protect small blockchains.
Pioneer Transparency Report
Our team feels each notary node team should maintain full transparency towards the voters, especially if they made significant campaign promises.
To be a leading example we have published a comprehensive report about our achievements and the overall situation, including a treasury report.
Download our report and get access to a total of 20 pages of content.
Pioneer Campaign Promise
Komodo is about to have its third annual notary node elections, and Komodo Pioneers got one of the best campaign promises.
Our plan is to reinvest back into Komodo ecosystem.
We pledge up to 50 % of our notary node revenue towards activities that support Komodo ecosystems, such as events and meetups. We can also support other small scale initiatives, such as development projects.
The pledged percentage is smaller if the KMD price is below four dollars. That is to ensure sufficient funding to maintain stable notarization service, which is our core responsibility.
Situation Summary
We are currently operating a notary node on the SH region.
- Our SH node got auto-elected for next year because of its high-performance score.
- We are campaigning to get a second node on the EU region, and thus operate a total of two nodes.
We are looking for a way to support the Komodo ecosystem.
- We have a campaign promise to distribute part of the notary node revenue towards events, projects, and other initiatives.
- The KMD price has been trading below 4 USD most of the election year, which means we have had limited funding.
- We are accumulating KMD and thus far have saved 30 % of our revenue as long term capital.
We have had achievements worth celebrating.
- Our continuous event and meetup coverage in the Netherlands has created an enthusiastic dutch following for Komodo.
- We hosted numerous Komodo presentations and workshops.
- Out of the Dutch scene came a project called Komodore64, that is now actively advancing Komodo’s gaming tech.
Read more from the Komodo Pioneer’s Notary Node Report 2018–2019.
Learn more about Komodo Notary Node elections and be sure to support us when the voting starts on April 14th, 2019.
Originally published at www.komodopioneers.com.
