continuation: SuperNET Tuesday Update 17/01/2017
A lot of the recent developments are a bit unclear even to the SuperNET investors. SuperNET is the organization developing Iguana and Komodo. The SuperNET asset should be viewed as a share of the SuperNET organization. We have capital and investments; we have for-profit projects and a large platform & framework (known as Iguana and Komodo). SuperNET asset holders will be receiving dividends when we make a profit from the revenue, just like in any other business.
We are working on a new supernet.org website that will become the hub of everything we are doing. The new site will explain what we do, and what our projects are.
From that interview came up to my mind how many from Komodo team has enough votes to keep them self running as notary nodes like forever? I think this needs some transparency.
The Komodo team or SuperNET doesn't have any nodes running in the election. There are however 3 test notary nodes that will be ratified and part of the final 64 nodes. Two of these nodes are run by jl777 and one by Kolo. There will be free spots for us to do this as SH & AR regions have less than 16 nodes.
There are some who are part of Komodo team and running in the election, though. How much BTCD they have or how much BTC they invested during the ICO is their private business, and there's no way to know how much voting power they have. They have acquired their voting power with the same means as everyone else (by investing).
There are some payments due to our team members (i.e. salary & bounties), and some of those will be paid in KMD after it is distributed. In other words, none of the 10% supply reserved will be used in voting.
The schedule
1.Elections began 15/01
2.Elections finish 29/01 3 pm UTC
3.KMD distribution 31/01 3 pm UTC
Links
SuperNET Development Update 10/01/2017
Why Vote on the Komodo Election?
Detailed info about the elections and its rules
Election graphics made by the team rnr & kolo
Development History: From a Testnet to Mainnet
Stuff is happening on our Slack
Overview of the candidates, their node locations, and subsidy
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