Over the last few years, we've all come to understand that smart contract platforms are limited. But how? And why? What exactly makes smart contract platforms so expensive and congested? In this deep dive article, we dissect the flawed design of smart contract platforms-- both from a technical perspective and from an economic perspective. The single, shared blockchain model is technically limited and cannot provide businesses with the autonomy and scalability they need to successfully adopt blockchain technology. Learn more about the limitations of smart contracts and how Komodo's multi-chain architecture offers superior blockchain chain solutions here: komodoplatform.com/limitations-of-smart-contract-platforms/
The Oracle Problem is one of the main issues currently limiting the functionality of smart contracts. In short, the problem is this: how can off-chain data be transferred onto a blockchain in a trustless and decentralized way? Komodo is always innovating and developing at the cutting edge of the blockchain industry. Keeping with that tradition, Komodo's Lead Dev James 'jl777' Lee has solved the oracle problem. It's yet another barrier to blockchain adoption that Komodo has lowered. Learn more about Komodo's new trustless oracle solution in this article by Torsten Sándor, one of the newest members of the Komodo team: komodoplatform.com/the-promise-of-smart-contracts-and-the-oracle-problem/
Check out this week's edition of the Tech Tuesday Development Update! Komodo team member Mylo writes: Komodo has introduced synthetic positions & prices for use within the Komodo ecosystem. Solutions to blockchain-based financial instruments will rapidly evolve using modules from the Custom Consensus Framework. Using existing modules like Gateways & Decentralized Price-Feed Oracles, projects can re-use these building blocks for their own services. Read the full update to learn more. komodoplatform.com/tt2019-16-synthetic-positions-prices-blockchain-financial-instruments/
The Komodo ecosystem is thriving and we'd like to take this opportunity to tell you about RedFOX Labs, a global blockchain venture builder. RedFOX will leverage Komodo's technology to build, launch, and grow blockchain startups in the Southeast Asia region. Learn more about RedFOX Labs in this edition of the ecosystem spotlight series. komodoplatform.com/komodo-ecosystem-spotlight-redfox/
Every project that builds with Komodo's technology is given a customizable, independent blockchain-- not just the chance to submit a smart contract to someone else's blockchain. In this blog post, learn about the 18 different ways in which you can customize your very own, purpose-built blockchain with Komodo's technology. komodoplatform.com/18-ways-to-customize-blockchain/
Komodo is pleased to announce the integration of Dilithium, a quantum-secure digital signature scheme. Now, quantum security is an optional plug-in available to all projects that create a blockchain within the Komodo ecosystem. Read this blog post to learn more about Dilithium quantum security. komodoplatform.com/dilithium-quantum-secure-blockchain/
Komodo is excited to announce that the third annual Notary Node Election will begin in April 2019. The voting tokens will be airdropped at a 1:1 ratio to all KMD holders on April 14th and one month of voting will take place. Voting will conclude on May 14th. komodoplatform.com/third-annual-notary-node-election/
The blockchain industry is evolving. For the last few years, many blockchain projects placed too much emphasis on hype and market cap, rather than focusing on innovating valuable technology and building working products. Now, the industry is getting back on track and refocusing on development. Komodo is proud to be one of the projects that are leading the charge. Learn more about the evolution of both the blockchain industry and the Komodo project in this new blog post. komodoplatform.com/the-promise-challenges-and-evolution-of-the-blockchain-industry/
Tech Tuesday Development Update. Week 10: Bear Market Blockchain Innovations. komodoplatform.com/tt2019-10-bear-market-blockchain-innovations-2/
A Komodo team member and co-author of the white paper, Siddhartha, recently sat down with ChangeNOW for an interview. Check out the article to learn more about the origins of Komodo, the differences between Komodo and other blockchain platforms, and what you can expect to see from Komodo in the coming months. changenow.io/blog/know-the-coin-komodo
Komodo is pleased to announce that KMD is now listed for trading on Huboi Global! Huobi Global, a top-20 digital asset exchange based in Beijing, China, has listed KMD with two trading pairs: BTC and ETH. The Komodo team is pleased that KMD is becoming available to more people, particularly those in the Chinese market. Check out this blog post for more information about the listing from Huobi Global. huobiglobal.zendesk.com/hc/en-us/articles/360000220402-Huobi-Global-Launches-Komodo-on-February-28-14-30-GMT-8-
This week's Tech Tuesday is fresh off the press. Quantum Resistant Dilithium Implemented & MuSig Key Aggregation Crypto-Condition Modules. komodoplatform.com/tt2019-9-quantum-resistant-dilithium-musig-crypto-condition-module/
Komodo and Amazon create a 60-second blockchain builder. A new advanced partnership between web giant Amazon Web Services and blockchain ecosystem Komodo, will enable the creation of blockchains on the Komodo network in less than 60 seconds—Amazon is planning on releasing its own version of a managed blockchain later this year. A demo version is already live, but when the complete version gets the green light in Q2, 2019, it will not only provide a bespoke blockchain but include nodes, a block explorer and software wallet. Read the full article here: decryptmedia.com/5263/amazon-komodo-service-blockchain.
Komodo’s Chief Technology Officer Kadan Stadelmann recently sat down with CryptoGlobe to talk about atomic swap technology and the future of crypto trading. In the interview, Mr. Stadelmann, aka ca333, discusses Komodo’s updated atomic swap protocol, which is nearing completion, and how this new technology will upgrade Komodo’s decentralized exchange. Check out the article to learn more about these upcoming innovations: www.cryptoglobe.com/latest/2019/02/Komodo-atomic-swap-trading-app/
Reminder: 12 hours left until the sapling deadline. If you have funds in a z-address please move them to a transparent address. If your funds are in a r-address you don't need to do anything. Drop into Discord if you have questions: discord.gg/5QJfKAR.
As you may already know, Komodo is in the midst of a full rebrand. This means that the Komodo team is redefining the project from the ground up, developing products that are go-to-market ready, creating more developer resources, and implementing a business strategy that will ensure Komodo’s success for decades to come. Right now, the Komodo team has a strong focus on product strategy and development. Learn more about Komodo’s rebrand progress and get a sneak peek at Komodo’s new Custom Blockchain Generator web app in this new blog post. komodoplatform.com/komodo-rebrand-update-2/
Komodo is pleased to announce that Bittrex has decided to list a KMD-USD trading pair on its exchange starting on February 7, 2019. If you're a Bittrex user and you're interested in taking advantage of this new KMD-USD trading pair, check out this article to learn more. komodoplatform.com/kmd-usd-pair-bittrex/
In cooperation with the Zcash Security Team, the Komodo Development Team was able to eliminate a critical vulnerability that had been identified in the Zcash code base. Komodo is grateful that the Zcash team handled this issue in such a secure and professional manner, allowing Komodo to quickly reach a solution. Learn more about how Komodo worked to keep the ecosystem safe in this announcement. komodoplatform.com/komodo-eliminated-critical-vulnerability/
Tech Tuesday Development Update. Week 06: Facebook Crypto Acquisition Comparison & ERC20 Migrations komodoplatform.com/tt2019-6-facebook-crypto-comparison-erc20-migrations/
Please to read Komodo and our CTO mentioned in Forbe's "No More Trading Or Listing Fees?" article alongside Decred. www.forbes.com/sites/leslieankney/2019/02/04/no-more-trading-or-listing-fees-decred-releases-new-dex-proposal/#1513049635d9.
Good news. Komodo is back on Ledger Live and the Nano S: twitter.com/LedgerHQ/status/1092411134018240513
2018 was a huge year of evolution and growth for Komodo. Despite an ongoing bear market, the Komodo Development Team delivered several groundbreaking technologies throughout the year. As a result, Komodo was able to make great progress with regard to business development, partnerships, and marketing. To learn more about Komodo’s growth in 2018, as well as updates about plans for 2019, check out our year-end report. komodoplatform.com/wp-content/uploads/2019/02/Komodo-2018-Year-End-Report-FINAL.pdf.
Komodo is pleased to announce a Strategic Technology Partnership with Coinbene, a major crypto exchange based in China. Coinbene has independently audited and validated Komodo's Blockchain Security Service and will be officially endorsing it to at-risk coins and tokens listed on the exchange. The partnership will also explore opportunities for Coinbene to implement Komodo's industry-leading atomic swap technology to make crypto trading more secure and more decentralized. We're happy to be working with Coinbene to support their 2019 security initiative and to be making the blockchain space more secure for developers, exchanges, and investors alike. komodoplatform.com/komodo-coinbene-partnership/
CNN posted a story today featuring Komodo: "Exclusive: Komodo GM Explains How to Build on Bitcoin without Being Constrained by It" www.ccn.com/exclusive-komodo-gm-explains-how-to-build-on-bitcoin-without-being-constrained-by-it/
Tech Tuesday – Week 5: Peer To Peer Orderbooks And The “First Atomic Swap” History komodoplatform.com/tt2019-5-peer-to-peer-orderbooks-first-atomic-swap/
The first Chinese Blockchain Rankings of 2019 have been released. Komodo is ranked higher than Bitcoin and appears in the top 10 again. This time we're no.9 overall and no.4 for blockchain technology. blog.komodoplatform.com/chinese-blockchain-rankings-komodo-is-ranked-higher-than-bitcoin-7f0d4d68e5dd.
I'm happy to report that ICObench has raised our rating to 4.3 after reviewing the team's progress. You can read their analysis here: icobench.com/ico/komodo.
In case you missed it, I'd like to recommend reading this week's "Tech Tuesday Development Update: Cryptocurrency Will, Inheritance & Blockchain Heirs". Among other developments, we look at how to create a timely process and provide a trustless validation for cryptocurrency wills. komodoplatform.com/tt2019-4-cryptocurrency-wills-inheritance/.
We're making some important changes to our main chain which showcase how adaptable our blockchain technology is. I recommend reading our newly posted article "Komodo Showcasing Multi-Chain Architecture: Z-Transaction Functionality Is Moving To A New Interlinked Chain" to get up to speed. komodoplatform.com/z-transaction-functionality-is-moving/.
Komodo is hiring for a remote support agent with fluent English and experience in solving blockchain related issues. If you or someone you know is interested you can find more info here: remoteok.io/remote-jobs/70534-remote-komodo-support-agent-komodo-platform.
Looking back on 2018, here is a brief history of our working tech and an animated timeline of the Komodo Platform. www.youtube.com/watch?v=FzjXRiwKvRQ
Komodo's Sapling upgrade was activated smoothly, providing a huge tech boost to more than 40 blockchains in the Komodo ecosystem. Also, all KMD funds must be moved out of z-addresses by Feb 15, 2019. Learn more here: komodoplatform.com/komodos-sapling-upgrade-success/.
It’s almost the end of 2018, and this year we have witnessed a number of 51% attacks (double spending attacks) on Proof of Work (PoW) based blockchains. Komodo's delayed Proof of Work security mechanism is the industry's only third-party security service available to any UTXO-based blockchain and it protects every integrated chain with the power of the Bitcoin network. Grewal Satinder, a long-time member of the Komodo team, has written a comprehensive article to explain Komodo’s delayed Proof of Work security. This is probably the best explanation of dPoW written so far! blog.komodoplatform.com/delayed-proof-of-work-explained-9a74250dbb86
Today we'll be holding an AMA on Reddit about the major update to our codebase. This is a great time to get your questions in and to get up to speed by reading the discussion guide. It'll be going live in just over four hours. Ask your question here: www.reddit.com/r/komodoplatform/comments/a5j3bv/ama_friday_15th_december_ask_your_questions_now/.
There are 7 new assetchain parameters coming on December 15th. Komodo’s assetchains have always had a number of customizable parameters. These new parameters will be added to the Komodo code base, along with the Sapling upgrade and increased block sizes. Read more here: komodoplatform.com/new-assetchain-parameters/
I'd like to remind our community to only keep your KMD in your Ledger if you don't need to use them for the next 1-2 months until Ledger adds support for Sapling. If this is the first time you've heard about the sapling update drop into our Discord or read this support article: support.komodoplatform.com/support/solutions/articles/29000026860-komodo-sapling-upgrade-important-info-for-ledger-nano-s-users"
Creating streamlined documentation for new developers is a primary focus of the Komodo team. If you’re a developer who’s interested in blockchain, this post will give you all the information you need to start building with Komodo. It also highlight some of the advantages Komodo offers over other blockchain platforms. komodoplatform.com/updated-documentation-for-developers/
I'm pleased to announce a massive upgrade in technology is coming for the entire Komodo ecosystem on December 15. Please note that this update is a hard fork. It is, therefore, a mandatory update for all users who run the Komodo daemon. The upgrade will include Sapling, VerusHash algorithm, VerusPoS algorithm, Time Locking and “Eras” parameter to name a few. Read more here: komodoplatform.com/upgrade-guide-dec-15/
Komodo is pleased to welcome our two new Strategic Advisors: Sajib Datta a Senior Lecturer at The University of Texas at Arlington, and Michael Toutonghi the lead developer at Verus Coin, who are both joining Komodo, bringing with them a wealth of knowledge and experience. komodoplatform.com/komodo-two-strategic-advisors/
In mid-August, we announced a full rebrand. Phase 4 of our rebrand with Ideas By Nature is in progress including updated messaging and an interim website. This post will highlight what has been completed as well as what is currently in production. komodoplatform.com/komodo-rebranding-update/
In this weeks Five Bullet Friday you can take a look from above at the Komodo team meet-up in Wales, where my team took some amazing footage with a drone. If you want to see make sure you sign-up here mailchi.mp/komodoplatform/five-bullet-friday in the next few hours. We won't be publishing this anywhere else.
Komodo reward claiming could finally be coming to Ledger devices twitter.com/lukechilds/status/1057985158744178690
Komodo adds a new feature to verify delayed Proof of Work notarizations. This will enable partners and exchanges to verify if a transaction has been secured to BTC's hash rate through Komodo's dPoW security solution. Read more about this new feature and how dPoW deterred a white hat hacker's public 51% attack on EMC2 komodoplatform.com/new-feature-to-verify-dpow-notarizations/.
Please download the new version of Agama if you're using Komodo lite mode to claim rewards. It includes a critical SPV reward claim fix. Using an older version will likely have issues and they may experience daemon crashes. komodoplatform.com/komodo-wallets/
Tech Tuesday Update #7 has been published. A Summary Of Last Week’s Development by one of our developers. komodoplatform.com/tech-tuesday-update-7/.
Announcing the Winner of our Infographic Contest. Fantastic effort. It was very close and the response has been overwhelming. Thank you to everyone who voted! You can find the winning infographic here: www.reddit.com/r/komodoplatform/comments/9pn72b/announcing_the_winner_of_the_infographic_contest/
Komodo to add an optional CPU-friendly algorithm for forked blockchains www.coinchoose.com/news/komodo-to-implement-a-more-cpu-friendly-algorithm-says-founder
Today is the last day of voting for Komodo's infographic contest. We've received some amazing submissions so if you haven't yet, please stop by the Komodo subreddit to have a look at the infographics and share your thoughts with the Komodo team. There are 5 Finalists and whichever infographic gets the most votes from the community will be the Grand Prize Winner of 5,000 KMD. Your vote counts so make sure to cast your ballot before 23:59 PM UTC tonight! Thanks in advance for your participation. www.reddit.com/r/komodoplatform/comments/9n4an7/announcing_5_komodo_infographic_finalists_for_a/
Tech Tuesday Update #6: A Summary Of Last Week’s Development komodoplatform.com/tech-tuesday-update-6/
We have chosen 5 finalists for the infographic contest but, from here on out, all of the decision-making power lays in the hands of the community. Your votes will exclusively determine the Grand Prize Winner. No other factors will be considered. Read more: www.reddit.com/r/komodoplatform/comments/9n4an7/announcing_5_komodo_infographic_finalists_for_a/.