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Official Update
Komodo DiscussionAMA

ChangeNOW Telegram AMA – May 2020

The AMA begins on May 28th, 4 PM UTC

 

Join the ChangeNOW Telegram to catch it live.

We will post our answers in the comments below.

Official Update
AtomicDEX

AtomicDEX Pizza day Campaign - Winners

We would like to thank everyone who participated in our Pizza Day campaign. Unfortunately there were many entries that only had a stock photo with the AtomicDex logo. These entries cannot be taken into consideration because the rules were not followed.

 

Here are the participants and winners of the Pizza Day campaign who sent in their own pizza with the AtomicDEX logo.

 

Twitter HandleURL
@AlanaMontana7https://twitter.com/AlanaMontana7/status/1263782642547396608?s=20
@lucbazansehttps://twitter.com/lucbazanse/status/1263784158712803329?s=20
@kimberkirleehttps://twitter.com/kimberkirlee/status/1263786100755173377?s=20
@strat_moonhttps://twitter.com/strat_moon/status/1263792103362048000?s=20
@KaptainKartmanhttps://twitter.com/KaptainKartman/status/1263792745384116224?s=20
@Kimochi75https://twitter.com/Kimochi75/status/1263793396805558273?s=20
@ella211216https://twitter.com/ella211216/status/1263793972595642368?s=20
@yayajennihttps://twitter.com/yayajenni/status/1263794535684964353?s=20
@michaelfigureshttps://twitter.com/michaelfigures/status/1263795999027482625?s=20
@mpersie_alhttps://twitter.com/mpersie_al/status/1263797624651411456?s=20
@Timetosomehttps://twitter.com/Timetosome/status/1263807860632363008?s=20
@wdananghttps://twitter.com/wdanang/status/1263810964933144583?s=20
@ldiettehttps://twitter.com/ldiette/status/1263814185764388865?s=20
@crypto_blckswanhttps://twitter.com/crypto_blckswan/status/1263821783825670151?s=20
@smarotsobanogl1https://twitter.com/smarotsobanogl1/status/1263822995233148931?s=20
@benzo365https://twitter.com/benzo365/status/1263792801667407873?s=20
@willydogusahttps://twitter.com/willydogusa/status/1263839923804745732?s=20
@_HVIIIhttps://twitter.com/_HVIII/status/1263844524947881985?s=20
@milkbottlechttps://twitter.com/milkbottlec/status/1263872910801993729?s=20
@pruzmanihttps://twitter.com/pruzmani/status/1263972506869907458?s=20
@ECaspienhttps://twitter.com/ECaspien/status/1263780007001960449?s=20

 

Congratulations! We will contact each one of you.

Official Update
Weekly-Update

Weekly Update - May 22, 2020

It's Friday again, which means it's time for another weekly wrap-up let’s take a look back at what happened over the last seven days.

 

Happy Bitcoin Pizza Day!

Today exactly 10 years ago Laszlo Hanyecz ordered two pizzas for 10,000 BTC. The value at that time was around 40 dollars. Today the coins would be worth 90 million dollars. So if he had kept the Bitcoin to this day, he would be $90 million richer.

To honor the 10th anniversary of the Bitcoin Pizza Day we are launching a micro bounty campaign.

All you need to do to win your 15 KMD is tweet out a pic of your pizza (a slice or a whole pie— both work!) with an AtomicDEX logo visible in the photo. It can be your phone with the AtomicDEX app open, a screen with the AtomicDEX homepage open, or anything else that clearly shows the AtomicDEX logo. 

Get creative! The 3 coolest photos, as judged by the Komodo team, will get a small bonus in KMD.

You must also tag @AtomicDEX twitter account in your tweet.

The first 50 participants will each win 15 KMD! After that, no prizes will be awarded, so grab a pizza and post your tweet as soon as possible.

https://twitter.com/AtomicDex/status/1263771506175283201?s=20

 

 

Komodo’s fourth annual Notary Node Election came to an end on May 4, 2020, and the Komodo team would like to congratulate and welcome all of the operators who won a seat in the Notary Node network. 

To officially bring these new Notary Node operators into the network, an upgrade to the Komodo daemon to version 0.6.0 will be activated on June 14, 2020 at block height 1,922,000. The upgrade is mandatory for all miners, exchanges, wallet providers, and other individuals running a full node. Please be sure to update prior to June 14.

Read more here.

https://komodoplatform.com/komodo-v0-6-0-upgrade/ 

 

The AtomicDEX-PRO alpha continues and the Komodo developers have released version 0.1.3. The new version contains a lot of features and fixes. 

We call our community to test the new version and give us feedback.

Read more here.

https://community.komodoplatform.com/post/5ec291cc9f49a05bc03f0dbb

 

Summary of active devs on the Komodo codebase:

In last 7 days - 31 

In last 1 month - 39 

In last 3 months - 64 

In last 6 month - 77 

In last 1 year - 100

https://coincodecap.com/project/KMD

 

 

PirateChain Mobile Wallet

The sailors at the PirateChain have released a new video showcasing its Z-Z Mobile wallet. 

https://community.komodoplatform.com/post/5ec5b431c5cbc14bd65979db

 

Komodo continued with its Blockchain Fundamentals content series this week with one new interconnected article.

 

The article is about Cryptographic Hash Functions. While the term itself may seem intimidating, cryptographic hash functions are relatively easy to understand. In this article, you'll learn exactly how a cryptographic hash function works.

Read the full article here.

 

_________________________________________________________________________________

Thanks for reading. Stay safe, stay healthy. 

Official Update
AtomicDEX

The Komodo Development Team has released AtomicDEX-PRO version 0.1.3

The Komodo Development team is happy to release a new alpha version of AtomicDEX-PRO!

 

Here is the changelog:

 

Features:

 

  • Add EIP-55 ETH address features
  • Add recover_funds feature
  • Add DGB
  • Add linux bundle
  • Add the backend for exporting swap for .csv
  • Add toggle_max (withdraw)

 

Fixes:

 

  • Fixing open logs folder depending on platform
  • Fix a crash when the answer from Coinpaprika was empty
  • Fix order_receive_modal_size
  • Fix viewing seed
  • Fix receive modal address was not changing
  • Fix erc address wasn't pasting
  • Clearing the result when QT modal is close
  • Win bundle include vcpkg deps
  • Fix bundling path
  • Fix input was resetting to max balance on rel ticker change

 

Improvements:

 

  • More readable error message
  • Dust balance coins are not listed anymore at DEX in base list
  • Show 'no transactions' only for ETH and ERC-20
  • Unblock send & claim rewards buttons at loading
  • Blocking send button for 0 balance coins
  • Upgrade the MM2 version used
  • Change log filename to the current date (Multiple logs file are now supported)
  • Improving ci tooling
  • Disable console in release (windows)
  • Remove vote2020 token

 

Github: https://github.com/KomodoPlatform/atomicDEX-Pro/releases/tag/0.1.3-alpha

 

Happy testing!

Official Update
Weekly-Update

Weekly Update - May 15, 2020

As we wrap up another week, let’s take a look back at what happened over the last seven days.

In order to build a stronger AtomicDEX community, we created a new AtomicDEX Twitter account and we will tweet in the future more often about new version updates, project listings, and bug fixes.

Make sure to follow the AtomicDEX Twitter account to stay up to date!

 

 

The AtomicDEX beta continues and the Komodo developers have released version 0.215 for Android and iOS. The new version contains one of the most requested features for AtomicDEX the ‘Orderbooks’.

 

You can now see the orderbooks for the buyer and also for the seller side.

 

In addition, there are the following changes.

  • Added Orderbooks
  • Added the pairs $XZC and $ZER
  • Removed VOTE2020
  • Various fixes and improvements
  • Updated atomicDEX core
  •  

Download AtomicDEX for Android on Google Play here.

Download AtomicDEX for iOS through Test Flight here.

 

Furthermore, the work on AtomicDEX Pro continues and the development team will soon release a new update.

 

 

The Subatomic Go project had a name changer. From now on it will be called “Shurli”. In addition, the developments for Shurli continue and there will be minor too big changes in the UI/UX.

 

 

Pirate OS

Pirate Chain created the Pirate OS to provide an extra layer of wallet privacy and security by letting a USB-powered operating system handle your wallet transactions

https://community.komodoplatform.com/post/5ebb063f6755b5506202f178 

 

I2P Integration

The PirateChain team began to work on I2P integration that will be available for the whole Komodo Ecosystem. A total of 0.25 BTC was raised so far. This doesn’t cover the full costs of the development, for this reason, the PirateChain team is still looking for donations.

 

Blog about Industry News

Mylo started a blog on https://orderbook.live about industry news.

https://community.komodoplatform.com/post/5ebcb9b49347d11ecf9fcbbd 

 

Komodo History Book (2016-2020)

Tyke has updated the book chapters of the Komodo History Book.

https://community.komodoplatform.com/post/5eb2dcb587cfc90c333158c5

 

Komodo continued with its Blockchain Fundamentals content series this week with two new interconnected articles.

 

This first article is about Distributed Ledger Technology. It defines the common components of distributed ledgers and explains how they generally work to achieve consensus. We’ll compare public ledgers and private ledgers. Finally, we’ll look at how four prominent types of DLTs work.

Read the full article here.

 

The second article is on Asymmetric Encryption.  It looks at how asymmetric encryption overcame the most pressing challenge that older symmetric encryption methods faced. It’ll explain how asymmetric encryption uses public/private key pairs and digital signatures to enhance security. Finally, it’ll highlight some of the most widely-known asymmetric encryption algorithms.

Read the full article here.

_________________________________________________________________________________

Thanks for reading. Stay safe, stay healthy. 

Official Update
AtomicDEXFeatured

We have released version 0.215 for Android and iOS.

The new beta version contains the following changes.

 

  • Added Orderbooks
  • Added the pairs $XZC and $ZER
  • Removed VOTE2020
  • Various fixes and improvements
  • Updated atomicDEX core

 

What do you think about the new version? What kind of features would you like to see? Comment below!

Official Update
Weekly-Update

Weekly Update - May 07, 2020

As we wrap up another week, let’s take a look back at what happened over the last seven days.

Komodo’s Fourth Annual Notary Node Election came to a close! We thank all candidates and everyone who participated in the election by voting. The newly-elected Notary Node Operators will be announced on May 11.

Interview with Komodo Ambassador John Robinson

Audo had the pleasure of meeting John when he was visiting Tokyo in April. They decided to seize the opportunity and film a short interview.

https://community.komodoplatform.com/post/5eb13823aa99054b832a6af6

 

Pirate Chain April Update by Kaks

The community is testing subatomic swaps that allow trading with private transactions. Subatomic swaps are based on different technology than what AtomicDEX uses. Subatomic swaps allows two peers to send multiple fee-less transactions to each other. They are completing the trade in small chunks, and thus they only have to trust the other party with a very small amount of funds to minimize the risk.

The Pirate community holds weekly meetings every Wednesday at 22:30 GMT. Everyone is invited to come with a drink in hand. The Pirate community welcomes everyone’s opinions and questions!

Read rest of the Pirate updates from Kaks’ portal post

 

I2P Integration

DreamTim created a post about a fundraising effort started by Draeth and Lootz. The goal is to integrate I2P to Komodo, which will make it available in all the ecosystem projects as well.

They are looking to raise 0.8 BTC in donations.

 

AtomicDEX Orderbooks

Mylo has been developing a website to browse the AtomicDEX order books. It is becoming a full market-making product targeted for web communities.

Visit the website and check out the demo here.

 

Komodo History Book (2016-2020)

The Komodo history book is in progress by Tyke.

https://community.komodoplatform.com/post/5eb2dcb587cfc90c333158c5

Komodo CTO Kadan Stadelmann sat down for a superb interview with Charlie Shrem from Untold Stories. They discuss the threats to those core beliefs coming from government and other sources. Furthermore, Kadan talks about his past and his background and how it was growing up in cyberspace, and describes Komodo's vision while explaining the differences between Smart Chains, Multi-Chains, and Single Chains.

Listen to the podcast here.

https://blockworksgroup.io/untold-stories-podcast/kadan-stadelmann

 

The subatomic developments continue to make progress and there are new improvements. You can now select a number of orders to show on the list query on the orderbook page. Furthermore, you are now able to sort the results on orderbook as per their expiry time and much more! Komodo Developer Satinder Grewal uploaded a video to showcase all the improvements.

Watch it here. 

https://www.youtube.com/watch?v=m9y1fGY3rrg

 

Komodo continued with its Blockchain Fundamentals content series this week with two new interconnected articles.

 

This first article is about Bitcoin Private Keys. It explains what Bitcoin private keys are, and how they’re used to grant access to funds. It also details the differences between various private key formats, such as hexadecimal, wallet import format (WIF), and compressed wallet import format (compressed WIF).

Read the full article here.

 

The second article is on Blockchain Use Cases.  Blockchain technology has seen tremendous advances in its brief history and, as a result, many prominent blockchain use cases have emerged. Blockchain is now overcoming challenges in a wide range of industries and has even fostered the rise of entirely new industries, such as DeFi (decentralized finance).

Read the full article here.

_________________________________________________________________________________

Thanks for reading. Stay safe, stay healthy. 

Official Update
Bounty

Komodo Community Bounty Awards - April 2020

In this community bounty round, we will highlight many of the projects our community is working on. We would like to see more independent projects who use Komodo technology or who otherwise support the Komodo project.

Development

There are several ongoing community led development efforts.

Subatomic Swaps

Subatomic swap technology has made a breakthrough, and there has been a lot of community activity in testing them.

Shossain has been working on a detailed tutorial.  Kaks published a video based on that tutorial. It explains how to get started with subatomic swaps. If you have questions, you can ask them on that portal thread.

https://www.youtube.com/watch?v=eHaCbqUU5FY

Head over to our Discord #dev-subatomic to help out to test the new technology. 

We award Kaks with 400 KMD.

I2P Integration

DreamTim created a post about a fundraising effort started by Draeth and Lootz. The goal is to integrate I2P to Komodo, which will make it available in all the ecosystem projects as well.

They are looking to raise 0.8 BTC in donations.

We will donate 600 KMD from the community bounty budget.

AtomicDEX Orderbooks

Mylo has been developing a website to browse the AtomicDEX order books. It is becoming a full market-making product targeted for web communities.

Visit the website – also check out the demo

Mylo is looking to arrange a livestream in the near future, where he will showcase atomic swaps and talk about the work he has been doing. Head over to the portal thread and ask him for more info.

We award Mylo with 400 KMD.

Notary Node Elections Support

The Komodo team has always had a very hands-off approach to the elections. We don’t want to highlight any specific candidate not to seem biased. Thus it is up to the community members to advocate for their favorite candidate.

On May 4th at 12 PM UTC, the voting period will end. Now are the last days to cast your vote. There are few live elections result pages (see below) that are maintained by various community members. Use those resources to monitor how the voting situation evolves, and the official GitHub repo to browse candidates.

We also encouraged the candidates to post their proposals to the portal. It provides a way to submit questions and engage in discussion with the candidates.

Dexstats.info Election Page

Dexstats.info is the most established website to browse Komodo and AtomicDEX related statistics. CHMEX has been maintaining a live voting result page for years, and this season is no different.

https://vote.dexstats.info/

There is also a page to track notary node testnet statistics.

We award CHMEX with 400 KMD.

Komodod.com Election Page

Komodod.com is a relatively new website maintained by MadMax. For the first time, dexstats.info got some friendly competition when it comes to election result tracking.

https://vote2020.komodod.com/

We award MadMax with 400 KMD.

Other Highlights

Awesome KMD Dashboard

Regnar has been working on a new dashboard that highlights many things about the KMD ecosystem. Here is what he said about it:

In an effort to learn more about web development and to get exposure to different programming languages and skills, I've built a website dedicated to the consolidation of Komodo and specifically KMD ecosystem resources and proof of concepts.

We award Regnar with 400 KMD.

KMD History Book

Tyke has been following Komodo for a long time and is writing a history book about it.

for the last several weeks, I have been using the Komodo History Timeline to structure chapters for the upcoming Komodo History Book.

I will be diligently working to include as much KMD history as possible. I have already identified major and minor milestones after creating a rough timeline of events from 1st Sep 2016 to the present day. Please take a look at the above uploaded PDF to see how I have structured the chapters (preliminary at this time).

We award Tyke with 400 KMD.

 

That is it for this month's bounty awards! If you have ideas about how we should use the bounty budget, let us know in the comment section below. If there is something you would like to see, we could use the community bounty pool to issue a bounty for it.

Monthly Report — April 2020

Happy May Day! It's the first Friday of May so it's time for April's monthly report. Over the last 30 days, the Notary Node Election began, AtomicDEX PRO entered a public alpha testing stage, the Komodo team started working on adding Python support to Antara Framework, and the community started making z-to-z subatomic swaps. Here's an update on everything that happened in April.

Industry News & Reports

Global Markets Stage A Recovery

As mentioned in last month’s report, most financial markets fell by roughly 30% in the month from February 20th to March 20th. This included the S&P 500, NYSE, DJIA, Nasdaq, and, of course, digital asset markets.

Through the end of March and all of April, virtually all of these markets staged a significant recovery. Composite indexes of the S&P 500, NYSE, DJIA, and Nasdaq all rose by at least 30% from March 23rd to April 30th.

Many major digital currencies experienced a similar rebound. On April 1st, BTC was hovering around $6,350, down 38% from this year’s high of about $10,250 reached out on February 13th. At the same time, this figure was an increase of 34% from this year’s low of roughly $4,650, which was touched on March 13th. 

Throughout all of April, Bitcoin and other digital assets markets mostly held steady. Then, over the past week, Bitcoin climbed quickly, briefly breaking $9,300 on April 30. Now, at the time of writing, BTC sits around $8,750 — up a full 38% from April 1st. 

Some commentators are attributing the recent rise of BTC to the rapidly-approaching Bitcoin halving.

Bitcoin Halving 

The Bitcoin halving is now less than two weeks away. On May 12, Bitcoin block rewards will drop from 12.5 BTC per block to just 6.25 BTC per block.

All other things held equal, this means that miners will soon be taking a 50% pay cut. This could potentially lead to smaller mining operations becoming unprofitable, forcing them to close shop for good and drop off the network. 

It’s also possible that the price of BTC will rise relative to USD, as miners become less willing to sell their BTC at lower prices to compensate for the lower block rewards. After the last Bitcoin halving in July 2016, when the price of BTC was around $650 USD, Bitcoin steadily increased for more than a year, reaching an all-time high of over $19,000 USD in December 2017. That’s an increase of 3000% in just 17 months.

Of course, there is no guarantee that the 2020 Bitcoin halving will be followed by a similar bull run. A great deal of uncertainty remains in the wake of COVID-19 and some experts predict that the worst of the economic fallout has yet to come. And while the cryptosphere has been speculating about the impact of the Bitcoin halving for years now, nobody can know for certain what will happen. Fortunately, we won’t have to wait much longer to find out. The halving will be here in just a few short weeks.

Komodo CTO Kadan Stadelmann provided commentary to a reporter from US News for an article on the upcoming Bitcoin halving. 

"Onlookers should pay attention because bitcoin has a direct global market influence over most altcoins," says Kadan Stadelmann, chief technology officer of Komodo, a multichain architecture project in the blockchain space. An altcoin is every cryptocurrency alternative to bitcoins, which were the first of their kind. "If the market demand remains at the same levels, this halving can mean a natural price increase for most cryptocurrencies besides bitcoin," Stadelmann says.

Read the article on US News here.

More Trouble For The Ethereum DeFi Space

In the March monthly report, we noted some of the issues that the Ethereum DeFi space was experiencing. Specifically, a hacker exposed a vulnerability in the bZx protocol to launch a “flash loan attack,” which resulted in nearly $1 Million USD of users’ funds being stolen. 

In addition, when the markets went into a freefall on March 12, congestion on the Ethereum network caused serious issues with Maker collateralized debt positions (CDP). Oracle transactions reporting the price of ETH were not reaching the smart contract, so collateralization rates were mispriced for more than an hour. Even worse, the CDP liquidation logic completely failed. When a CDP becomes undercollateralized, users can bid on the locked ETH, liquidating the CDP. Unfortunately, most of those bids simply didn’t go through due to the congestion, and one unknown individual was able to liquidate other users’ DAI CDP with bids of 0 DAI The only payment the liquidator had to put up were the high gas fees to ensure that his transactions were prioritized by the network, allowing him to swoop up nearly $4 Million USD worth of ETH.

In April, the Ethereum DeFi space had another major vulnerability exposed for big losses. A DeFi project called dForce lost approximately $25 Million USD worth of crypto when someone was able to drain funds from smart contracts belonging to Lendf.Me, a product built by dForce. In short, they were able to quickly make many withdrawals of imBTC tokens before the balance had been updated to show the contract no longer had any funds. In other words, they were able to withdraw the same tokens over and over and over again, even when the contracts were empty.

In a strange turn of events, the same individual who made off with the $25 Million in funds apparently returned all of the funds to the dForce team. Some speculated that the individual had been identified by law enforcement agencies and was forced to return the funds, willingly or not.

An important thing to note about all of these massive losses is that they aren’t really hacks. Rather, every move was made in accordance with rules established by the code. These ‘hackers’ simply took advantage of massive vulnerabilities in the architectural design of various DeFi smart contracts and of the Ethereum network itself. The flaws weren’t created, they were exploited.

While the DeFi space is generating a lot of buzz and is certainly one of the most prominent use cases for blockchain technology, the structural problems with a single-chain architecture and a virtual-machine-based smart contract model continue to cause problems for the ETH DeFi space.

An article published in Finance Magnates on April 24th quoted Komodo CTO Kadan Stadelmann as he cited the need for decentralization as a security solution for the DeFi space. 

“According to Kadan Stadelmann, chief technical officer at Komodo, it is critical that DeFi platforms take as many steps as possible toward assuring that their platforms do not have any exploitable vulnerabilities. “DeFi platforms should not offer any sort of central attack surface,” he said. “By not offering any point of central attack, hackers can only target specific nodes and network participants,” Stadelmann explained. In other words, “their attack would be against a single individual instead of directly against the entire DeFi platform.””

Read the article on Finance Magnates here.

Komodo's Development Update

Notary Node Elections Are Coming To An End

Komodo’s Fourth Annual Notary Node Elections began on April 12th and have been in full swing since. To see which candidates are leading in each of the 4 regions, you can check out the VOTE2020 token rich lists here and here.

Voting will come to a close in just a few days. On May 4th at 12:00 UTC, the voting period will end. If you haven’t yet cast your votes, please make sure to do so over the weekend! You can cast your ballots by sending the VOTE tokens to the address(es) of your preferred candidate(s). 

We have started a new topic on the community portal to collect all Notary Node proposals and highlight the Notary Node Candidates on Twitter. You can check out all of the candidate’s proposals here

Komodo wishes all candidates good luck!

AtomicDEX Updates

Beta testing for AtomicDEX mobile continues and the Komodo developers have released version 0.214 for Android and iOS. This new version contains the following changes:

  • Added KOIN
  • Added VOTE2020
  • Added SUPERNET
  • Various bug fixes and improvements
  • Updated UX/UI
  • Added real-time swap details
  • Updated DEX core

If you haven’t already done so, you can download AtomicDEX mobile now and try it out. 

Download AtomicDEX for Android on Google Play here.

Download AtomicDEX for iOS through Test Flight here.

In addition, Komodo CTO Kadan Stadelmann announced the public alpha version of AtomicDEX PRO this week. AtomicDEX PRO is the desktop version of AtomicDEX. It’s currently available for Windows and MacOS. A Linux version will be released in the coming weeks.

If you’re interested in trying out AtomicDEX PRO, you can download the app from the AtomicDEX PRO Github repo

Please remember that this product is in the very first phase of alpha testing so you may experience bugs. If you do have issues or find bugs, please report them to the team here on Github or in the #atomicdex-pro channel on Discord. You should not use large sums with AtomicDEX PRO at this time. Instead, just use small amounts to try it out and make some test swaps. 

The Komodo team is also working on a full redesign of the UX/UI so expect major improvements to the look and feel of the product in the coming months.

Python Support Is Coming To Antara

The Komodo Dev Team is working on adding Python support to the Antara Framework. This will enable developers to code Antara modules in Python, one of the most popular programming languages in the world today. It’s also widely considered one of the easiest languages to learn. Thus, adding Python support will greatly lower the barrier to using Komodo’s technology.

This project is still in a prototypal stage, but stay tuned for more details. The Komodo team will make an announcement once Python module support is ready for testing.

Subatomic Swaps

Over the past few months, Komodo Lead Dev James ‘jl777’ Lee has been working on developing a way to make atomic swaps from shielded addresses. Now, there has been a major breakthrough in shielded address swaps. Just this past week, some of the very first z-adress to z-address subatomic swaps were successfully completed. 

Tweet from @techloverhd (SHossain #0007 on Discord)

If you’re interested in helping the team test fully shielded subatomic swaps, check out this tutorial from Shossain and a video tutorial posted by Kaks and join the conversation in the #dev-subatomic channel on Discord.

Komodo Welcomes New Team Members

The Komodo team would like to formally welcome four new people to the team: 

  • Sergey Boyko, AtomicDEX API developer
  • Yurii Khiznichenko, frontend developer and Flutter developer
  • Yaroslav Yanushevskiy, Junior QA Engineer
  • Igor Govyashov, QA Automation Engineer

Welcome to the team, guys!

Community Highlights

Komodo Technical Marketing Manager Torsten Sándor published another explainer video this week. He explains the differences between centralized exchanges, decentralized smart contract exchanges, smart contract-based instant swaps, and Komodo's atomic swaps. This is a complex topic and, for this reason, Torsten includes Alice (from Alice in Wonderland) and Bob (from Bob the Builder) to make it easier to understand.

“All of them have advantages and disadvantages. But I also think that after years of research, atomic swaps are finally ready for prime time!”

Watch the full video here.

April bounty Awards

We love to see independent projects and community effort that through which we can highlight Komodo technology or that otherwise support the Komodo project.

Here is a shortlist of April's bounty awards. Head over to the announcement post for the full details and breakdown.

  • We award Kaks with 400 KMD for publishing a tutorial video about making subatomic swaps.
  • DreamTim started a fundraising effort to bring I2P to Komodo, and we will send 600 KMD to his fundraising campaign.
  • Mylo was award 400 KMD for developing a website to browse the AtomicDEX order books. It is becoming a full market-making product targeted for web communities.
  • We award CHMEX with 400 KMD maintaining a live voting result page on dexstats.info
  • We award MadMax with 400 KMD maintaining a live voting result page on komodod.com
  • We award Regnar with 400 KMD for working on a new dashboard that highlights many things about the KMD ecosystem
  • We award Tyke with 400 KMD for his efforts to write a history book about Komodo.

Read The Full Announcement

In mid-April, Komodo made it into second place on DAO Maker’s list of the top 7 most trending altcoins. The Komodo team thanks you for your support and activity across all social channels!

 

Source

In early April, the Komodo team announced the launch of a Micro Bounty Campaign. With this campaign, the Komodo Team wants to increase the awareness of the Komodo Platform, its products, vision, and features in a playful way.

Read more about the Micro bounty campaign here.

Komodo Mentions in the Media

This week, Komodo CTO Kadan Stadelman was interviewed by Decrypt about why blockchain interoperability is essential for Decentralized Finance (DeFi).

"For Komodo CTO Kadan Stadelmann, the single blockchain architecture model is inefficient and outdated. His company’s blockchain interoperability technology started with a vision for a decentralized exchange that connects all the blockchains,” he told Decrypt.

“Komodo takes the data [from] the Ethereum interface and translates whatever is not being understood by the native Bitcoin protocol,” Stadelmann said, “so these two different blockchains can interact with each other.” 

Read the full article on Decrypt.

 

Komodo CTO Kadan Stadelman sat down for a superb interview with Yonah Hochhauser from BLOCKTV. Kadan describes Komodo's technology, explains the differences between centralized and decentralized exchanges, and explains why AtomicDEX is the industry leader today.

Watch the full interview here.

 

CoinTelegraph published an article on April 14 that discussed KMD’s price movement against the US dollar over the previous 28 days. They also briefly explain the technology and use cases of Komodo. In addition to that, they mention how Binance CEO Changpeng Zhao (CZ) praised Komodo as far back as 2018. In a Forbes article from August of that year, CZ suggested customizable blockchains like Komodo may be poised to outlast the previous generation’s crop of general-use chains.

Read the article on Cointelegraph here.

 

Komodo is continuing its efforts to educate people about blockchain and cryptocurrency technologies with the Blockchain Fundamentals content series. Topics include the basics of blockchain, like consensus mechanisms and digital signatures, to guides on margin trading and atomic swaps

Check out all of the Blockchain Fundamentals articles here.

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That's all for this month. Thanks for reading!

The Komodo team is working on a lot of exciting things right now so keep an eye on the portal for more updates and info. As always, we'll post information as soon as we can and keep the community informed. 

If you have any questions or comments about everything that's going on, let us know! The portal is the perfect place to discuss Komodo's development so just reply to this post if you have any questions or thoughts to share.

Official Update
Weekly-Update

Weekly Update - April 24, 2020

As we wrap up another week, let’s take a look back at what happened over the last seven days.

Komodo’s Fourth Annual Notary Node Election is still going on and the community is actively voting for Notary Node candidates.

We have started a new topic on the community portal to collect all Notary Node proposals and highlight the Notary Node Candidates on Twitter.

Visit the community portal and browse through the proposals and ask questions from your favorite candidate. 

 

Community Portal Proposals

https://community.komodoplatform.com/topic/election-2020-proposals

GitHub Proposals

https://github.com/KomodoPlatform/NotaryNodes/tree/master/season4/candidates

 

Komodo CTO Kadan Stadelman sat down for a superb interview with Yonah Hochhauser from BLOCKTV. Kadan describes Komodo's technology, explains the differences between centralized and decentralized exchanges, and explains why AtomicDEX is the industry leader today.

Watch the full interview here.

https://blocktv.com/watch/2020-04-16/5e988774380bf-komodo-s-atomicdex-is-changing-the-rules-of-the-game

 

The Komodo Developer team has optimized the Komodo daemon so that when using the -fixibd flag the synchronization speed is significantly increased. This optimization also results in a huge saving in traffic/volume.  In parallel, development for AtomicDEX and AtomicDEX Pro is in full swing.

 

Here is also a small summary of the active developers on the codebase. 

In the last 7 days - 17 

In the last 1 month - 31 

In the last 3 months - 67 

In the last 6 month - 74 

In the last 1 year - 104

A detailed view of the activity of the different repositories can be found here.

https://coincodecap.com/project/KMD

 


Komodo has made it into second place on DAO Maker’s list of the top 7 most trending altcoins this week with recent price movement and positive social media sentiment.

The Komodo team thanks you for your support and the trust you have put in us! 
 

source: https://twitter.com/TheDaoMaker/status/1252217618968215553?s=20 

 

Komodo continued with its Blockchain Fundamentals content series this week with two new interconnected articles.
 

This first article is about P2PK Transactions. It explains everything you need to know about P2PK payments. P2PK, or "Pay to Pub Key" transactions in full form, are one specific type of payment in the Bitcoin script. P2PK has been around since the Bitcoin genesis block was created on January 3, 2009.

Read the full article here.

 

The second article is on P2PKH Transactions.  P2PKH, or "Pay to Pubkey Hash" transactions in full form, are one specific type of payment in the Bitcoin Script. P2PKH has been used for BTC transactions since January 16, 2009, just one week after the first block in the Bitcoin blockchain was mined

Read the full article here.

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Thanks for reading. Stay safe, stay healthy.