During the next weeks, we will keep enhancing the community experience here on the portal.
During this process, it's possible that accidentally your post will disappear. If you notice that, you can always reach out to me, and I will promptly ensure it is back online where it should be.
Exciting news everyone! With the AtomicDEX PRO version, 0.2.0 we are one step closer to beta! This version includes a lot of exciting new features, enhancements, and fixes!
We hope that you enjoy these new features as much as we do!
Here is the changelog in detail:
The Komodo team would like to call on our community to test the new version and give us feedback.
Github: https://github.com/KomodoPlatform/atomicDEX-Pro/releases/tag/0.2.0-alpha
We have added a few most requested features:
- Candlestick charts
- Currency toggle: FIAT/ BTC / KMD (tap on portfolio value)
- Fiat currency config
Furthermore, there were a few enhancements for the DEX core and batch requests for FIAT values. We also updated the ZEC config. We hope you enjoy these new features and enhancements!
Let's build the world's best DEX together!
Try AtomicDEX on Android or iOS now to start making your very first atomic swaps.
Here is what's new:
- Reworked price indication on DEX page
- Revamped news section
- Update notifications
- Added MCL
- Price info for coins with 0 balance
- Transparent icons
- Logout confirmation
- Fee FIAT valuation
- MM2 update
- Use economical BTC fee
- New BCH/LTC SPVs
- Dynamic BCH fee
- DOGE relay fee enforcement
- More integration tests
- Data loading indication icon (spin)
- ETH-gwei conversion
- French translation
As you can see, even when it gets a bit quiet on Discord or Twitter, the Komodo developer team is always working on new updates!
We hope you enjoy these new features and enhancements and if you have any feedback, just let us know!
Try AtomicDEX on Android or iOS now to start making your very first atomic swaps.
Download AtomicDEX for Android on Google Play here.
Download AtomicDEX for iOS through Test Flight here.
Happy Testing!
It's been a while I provided update on Shurli.
From last update to this a lot has happened in development side of Shurli.
There hasn't been much noise in public but a consistent development progress happening everyday, where I'm testing and trying new stack of tech to build next version of Shurli using Flutter/Dart/Go language stack which is a lot different as compared to Go/HTML/Js programming stack.
I have been mostly busy testing and verifying the initial architecture decisions that I'm taking to design next version of Shurli application, which are still much underway.
Little I can explain is using new programming stack, I'll be able to manage single code which will provide multiple operating system platform support to run Shurli on, including Windows, Linux, Mac OS X, iOS, Android and Web. At least the Frontend graphical application will be ready for all platforms to adapt.
A noticeable update I can provide right now is Subatomic Windows support.
Subatomic Windows Support: Windows version of Subatomic, Komodo, and Shurli had been in troubleshooting for a while, and we have been successfully able to make a subatomic swap today on Windows machine using Shurli's first version of Proof of Concept application.
This could have not been possible without many community members who helped in preliminary testing with subatomic swaps. I'd also like to say special thanks to Decker, jl777 and SHossain, who played very important role resolving the Windows subatomic swaps issues.
Swap details:
PIRATE (ARRR) Transaction ID: https://pirate.explorer.dexstats.info/tx/122b63581c461f94e870a6396be1628a77bd7117c45e10908d007bc05c4450b0
Komodo (KMD) Transaction ID: https://www.kmdexplorer.io/tx/a7b3fc1ea569ba1218ba5abfa739094015ffba32d9732766152ae6ea2c674545
Shurli Testing: Last month we invited some community members to private test group, but almost nobody who got invited did any test on Linux or Mac OS build of PoC Shurli app. I think the major reason for that is non availability of Windows support of Subatomic swaps, which we got resolved today.
So, I invite anyone to test Shurli on all platforms and welcome your feedback, which you can provide in KMD Discord in #meshbits channel.
Since Shurli is in development, there'll not be any release builds provided and the testers has to build the application to test as per the instructions provided on ReadMe file here: https://github.com/Meshbits/shurli
Please follow the installation instructions for your platform and in case any issue ask in #meshbits channel in KMD Discord.
There are more updates to come and hopefully I'll be able to give those this coming week.
Appreciate whoever will participate in testing, and I'm looking forward to hear from you on Shurli.
-- Satinder
To thank the community for their support, we have teamed up with Binance and have together committed $2500 in KMD as prizes to give away to our communities.
- Rank in the Top 3 by KMD Trading Volume to Win Up to $1000 in KMD. All users will be ranked in terms of the total KMD trading volume ( the trading volume should be $300 in KMD or more) traded on their Binance account (including both buys and sells) across all KMD trading pairs during the competition.
-Trade KMD to Share a Prize Pool of $1500 in KMD! All users with a total trading volume (including both buys and sells) of $300 in KMD or more will equally share a prize pool of $1500 in KMD. Users that win rewards for ranking in the top 3 in KMD trading volume will not be eligible to receive rewards from the bonus activity.
The reward structure is as follows:
You need to fill in the form to claim your rewards http://sv.mikecrm.com/cHvUzFW
Another week has passed and we have summarized for you the most important events of the week.
Prof. Dr. B. Gültekin Çetiner, the founder of MarmaraChain (a Komodo Smart Chain project) was live on TV on Kanal34 that was sponsored by Komodo. The TV show was in Turkish, but the MarmaraChain team will work on a translation and will upload it on Youtube.
Watch the video in Turkish here.
Komodo CTO Kadan Stadelmann spoke with Benjamin Pirus from Cointelegraph about the risks of trading on a mobile DEX.
"I don’t think that the risk to a mobile DEX is necessarily higher than that of a DEX accessed through another medium. The risk would vary depending on the user’s device, OS [operating system], version, etc.," says Kadan.
Read more here.
Komodo Business Developer Charles ‘PTYX’ Gonzalez sat down for an excellent interview with Trading Plex. Charles describes Komodo's technology, explains the main purposes of Antara Framework and Delayed PoW (dPoW), and how AtomicDEX and its technology is changing the rules of the game.
Watch the full interview here.
The komodo development team is working hard to implement the features requested by the community. Stay tuned!
It gives us great pleasure to see that students from the University of Texas at Arlington (UTA) are developing projects for a university course with Komodo.
In 2018, Komodo established an educational relationship with the University of Texas at Arlington. In 2019 Komodo sponsored an educational hackathon in cooperation with HackUTA. The course, taught by Dr. Sajib Datta, a Senior Lecturer in the Department of Computer Science and Engineering and Strategic Advisor for Komodo Platform, attracted 34 students over two semesters.
Read more here.
The HUSH team changed some of its Wallet encryption to Blake3. This change allows nearly 15x faster sending, startup encryption, and close encryption. Furthermore, HUSH Chat development is ongoing and the HUSH team has added some goodies like emoji’s to the HushChat.
Komodo continued with its Blockchain Fundamentals content series this week with one new interconnected article.
The article is about the Scrypt Mining Algorithm. In this article, we explore why Scrypt was invented and how the algorithm has been used by prominent blockchain projects. We will then assess its current effectiveness compared to other Proof of Work consensus algorithms.
Read the full article here.
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Thanks for reading and stay safe & healthy!
Once again, we come to the end of the week and have a chance to take a look at Komodo's current events. This week’s update includes the following topics: the results of the AtomicDEX survey, Komodo’s sponsorship of a Turkish TV show, and a few new Komodo Project Spotlights.
Komodo Network Update
Komodo successfully upgraded the network to daemon version 0.6.0, dubbed Draconic Serpent! The Komodo team would like to extend a warm welcome to all new Notary Node Operators!
One major improvement that came with the Draconic Serpent upgrade is the optimized syncing of the Komodo blockchain, especially for the initial syncing process. The process is now faster and more reliable with recent optimizations and refactoring.
Another improvement with Komodo v0.6.0 and the new dPoW season is that the Dev Team has audited and updated the Delayed Proof of Work (dPoW) client and Komodo core dependencies. This improves the general dPoW mechanism itself, as the threading system has undergone a code review to ensure the code is free of critical bugs.
Read more here.
AtomicDEX Community Feedback
We would like to thank everyone who took part in the survey. We have evaluated and visualized the results.
We now prioritize the proposed features and clarify the feasibility with the development team.
Media
Komodo will be on Turkish television! Starting from the 25th June 2020, Komodo will sponsor the Turkish TV show 'New World Economy' on Kanal34. Prof. Dr. B. Gültekin Çetiner, the founder of MarmaraChain (a Komodo Smart Chain project) will talk and showcase Komodo's technology live on TV for the masses!
Read more here.
Hush
HUSH released a new mainnet update on Github. The v.3.4.0 includes among others the Komodo notary node updates, sprout code deletion, subatomic swap capabilities, and many other updates!
VerusCoin
Verus recently upgraded their mainnet protocol to enable Komodo Notary Node season four and to update their staking and mining consensus. This update was mandatory for all miners, exchanges, wallet providers, and other individuals running a full node. Please make sure to update!
Read more here.
Furthermore, VerusCoin is now listed on CoinmarketCap! If CoinmarketCap is your go-to platform to search for coins then you can also find Verus there from now on!
PirateChain
Komodo Ecosystem enthusiast CryptoRich published a new video on Bittube where he covers all the events that happened at PirateChain in May 2020.
Watch the update here.
Komodo continued with its Blockchain Fundamentals content series this week with one new interconnected article.
The article is about Blockchain Programming Languages. We cover the most in-demand blockchain programming languages and discuss how each language is used in the context of blockchain programming. The discussion includes examples from major projects in the blockchain space. The three categories featured are protocol-level development, smart contract development, and software development kits (SDKs).
Thank you for reading. Enjoy your weekend!
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.
As AtomicDEX is inching towards a 1.0 release we are shifting our focus to the long term product vision beyond primary wallet and DEX functionality. To collect as much feedback as possible we asked our community for their help! We already collected more than 200 inputs. We would like to thank our community at this point, with your help we will build the world’s best DEX!
If you haven't completed the survey yet, you can do it here.
Komodo CTO Kadan ‘ca333’ Stadelmann sat down for an excellent interview with the team of Layer1pod. He describes Komodo's technology, talks about his background, explains the differences between ETH & KMD, and how AtomicDEX is changing the rules of the game.
Listen to the interview here.
Komodo was mentioned by Huobi as a coin to keep an eye on.
‘This multi-chain design is what makes Komodo unique among blockchain platforms. Each project is given the opportunity to create its own blockchain ecosystem via Komodo’s infinitely scalable infrastructure.’
Read the full article here.
The Komodo developers have released AtomicDEX-PRO version 0.1.4. The new version contains a lot of features and fixes.
Changelog:
Features:
Fixes:
Improvements:
The Komodo team would like to call on our community to test the new version and give us feedback.
Github: https://github.com/KomodoPlatform/atomicDEX-Pro/releases/tag/0.1.4-alpha
Security researcher Saleem Rashid discovered the vulnerability that allowed an attacker to have compromised the client software of a user to increase transaction fees without confirmation on the device. The user should be tricked into signing a transaction at least twice, which isn’t an unrealistic scenario because the first transaction can be aborted pretending there was an error. A successful exploitation results in the loss of funds for the user. The attacker can also collude with a miner to profit from the transaction fees.
We thank Komodo developer pbca26 who already patched the KMD claiming tool so that users can continue to claim their rewards securely.
Shurli is looking for testers! Shurli is in its very early stages but getting feedback from the users would help shape the next UI/UX iterations.
Read more here.
The MarmaraChain team announced its second Hardfork. The Hardfork to version v.1.0.2 will take place on at 06/24/2020 2:00 pm (UTC). 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 24.
For instructions visit GitHub.
An e-commerce merchant for vaping liquids accepts now $ARRR as payment.
HUSH launched the public beta release of HushChat on Windows, Mac, and Linux. HushChat is Signal on the blockchain, except with no phone numbers, no closed source code, and is decentralized. Each message sent over HushChat costs only 0.0001 Hush.
If you are interested in becoming a beta tester join them on Discord.
Komodo continued with its Blockchain Fundamentals content series this week with one new interconnected article.
The article is about Digital Signatures. we’ll look at why digital signatures are important and how they’re used in various technologies, including blockchain networks. We’ll then outline the major milestones of digital signature algorithms over the years. Finally, we’ll assess the advantages and disadvantages of using digital signatures.
Thanks for reading!
It's the first Friday of June, which means it's time for Komodo's May Monthly Report. A lot has happened over the last 30 days, so let's take a look at all of May’s developments!
Global Market Sentiment
As mentioned in last month's report, global markets are still recovering rapidly. However, this raises questions for many. Despite rising unemployment figures, the ongoing COVID-19 restrictions, and protests worldwide, both stock and cryptocurrency prices continue to rise.
The Dow Jones Index, for example, has rallied 45% in less than 3 months, something that has not been seen since the very beginning of Dow Jones trading. Many analysts compare the current market conditions with the fall in the Dow Jones in 1987 and believe that this was a unique opportunity to enter the stock market. Whether they are right or not, time will tell.
Bitcoin hits $10,000
Bitcoin broke the $10,000 mark for the first time in 98 days. Unfortunately, it did not manage to keep the price above $10,000 and soon after fell below this magical psychological level again.
But one thing gives the Crypto Community hope: the Bitcoin stock-to-flow model. 100trillionUSD, a content creator has posted a chart on Twitter that shows a red dot that has sent Bitcoin believers into euphoria.
But what do these colored dots actually mean?
There is a simple logic behind it. The Bitcoin price is displayed logarithmically. A logarithmic scale (or log scale) is a way of displaying numerical data over a very wide range of values in a compact way—typically the largest numbers in the data are hundreds or even thousands of times larger than the smallest numbers.
The points are added to the Bitcoin price and show in different colors how many months there are left until the original Bitcoin halving.
In the past, this has led to a situation where a red dot indicates that Bitcoin is entering a Bull Market.
Polkadot Network Goes Live
Co-founded in 2017 by Gavin Wood, a co-founder of Ethereum and one of the authors of the Solidity smart contract programming language, the Polkadot Network has been in development for several years.
Now, as of May 27, 2020, the Polkadot mainnet is live. This marks the first of several steps towards the full launch of the public blockchain network. However, DOT coins, the currency of the Polkadot blockchain, are not yet available to those who invested in the ICO back in Oct 2017. The coins will be released to those who invested in a future phase of the full launch.
The Polkadot Network, according to its website, is a “sharded protocol that enables blockchain networks to operate together seamlessly.” That has led many to refer to Polkadot as an interoperability project, as their stated purpose is to build bridges between heterogeneous blockchains. At the same time, Polkadot can be considered a multi-chain platform, as they also intend to offer sovereign, application-specific blockchains to third-party projects that wish to build a smart contract or decentralized application (DApp). This is made possible with the Substrate framework, which is comparable to Komodo’s Antara Framework.
The Komodo team would like to say congratulations to the Polkadot team for reaching this important milestone. Like Polkadot, the Komodo team believes that a multi-chain platform architecture is the most viable design for the growth and adoption of blockchain technology. The Komodo team is also very pleased to see such a prominent project following down the multi-chain path that Komodo pioneered when the Komodo mainnet went live in January 2017.
DeFi
The acronym DeFi - Decentralized Finance - refers to a specific ecosystem in the blockchain space that enables digital (and theoretically trustless) financial services. Usually based on the Ethereum blockchain, decentralized applications (DApps) can be created, which are specifically designed for the financial sector.
A key characteristic of these DApps is that they can be programmed as needed. Different modules can be put together, like a LEGO kit. As soon as the DApp is implemented on the blockchain, it runs independently and in a decentralized way, depending on its design.
As beautiful and exciting as that sounds, DeFi is still in its infancy. Besides the known technological problems DeFi is confronted with, there are still many issues that make adoption difficult.
An article titled, “Key DeFi Ecosystem Problems, Explained,” published in Cointelegraph, describes a number of the issues that DeFi faces.
“Even beyond the risks involved, certain issues persist that often affect the user experience of these platforms. These include over-collateralization, centralization, low liquidity, and very little interoperability between blockchains. Another common issue with the DeFi industry is that sometimes “decentralized finance” isn’t as decentralized as it should be.”
Learn more about the limitations of DeFi on Ethereum in the full article from Cointelegraph here.
DeFi Pulse also gives a great overview of the DeFi ecosystem. The website also offers a ranking, which ranks the DApps according to the amount of investment.
Komodo v0.6.0 Is Coming Soon
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.
AtomicDEX API
AtomicDEX Developer Sergey Boyko completed a key contribution to the AtomicDEX API! Thanks to Sergey we now have a new essential data metrics collection feature with Prometheus integration! Combined with Grafana it enables beautiful and expressive visualizations of the data traffic.
AtomicDEX Mobile
The AtomicDEX Dev team released version 0.2.16 for AtomicDEX mobile. The new version contains, among other things, changes in the DEX core, information when starting the app, an MM2 validation, and the activation of new coins were improved. It also includes 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.
Download AtomicDEX for Android on Google Play here.
Download AtomicDEX for iOS through Test Flight here.
AtomicDEX PRO
In addition to the AtomicDEX Mobile release, the Komodo developers have released AtomicDEX-PRO version 0.1.3. The new version contains a lot of features and fixes.
The Komodo team would like to call on our community to test the new version and give us feedback.
There are also many things that have happened in the Komodo community and the Komodo ecosystem. We have summarized all the important things for you to keep up to date.
An AtomicDEX Feature Request Survey
The Komodo team is focused on developing AtomicDEX, specifically the base wallet and DEX functionality. Currently, no firm decisions have been made with regard to future feature development.
The Komodo marketing team is scoping out possible features and studying the market needs at this time. We want to create the product that users want the most.
As such, we’d like to ask you to tell us what you value most in a cryptocurrency wallet product. This information will help us to prioritize the features with the greatest demand.
To share your thoughts and ideas with the Komodo team, please take a few minutes to complete the AtomicDEX feature request survey.
Interview with Komodo Ambassador John Robinson
Komodo Marketing Manager Audo Kowitz 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
Komodo’s Bitcoin Pizza Day Campaign
We had some good pizza submissions for our Bitcoin Pizza Day tag campaign. We have collected and summarized all entries. You can see the winners here.
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.
AtomicDEX Twitter Account
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!
ChangeNOW AMA
The Komodo Team was invited to an AMA in the ChangeNOW Telegram group yesterday. If you were not able to attend, we have posted a summary of the AMA questions and answers for you here.
Shurli (Subatomic Swaps)
The Subatomic Go project had a name change. From now on, it will be called “Shurli.” Komodo developer Satinder Grewal has come a long way in the last month. 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.
Satinder posted a great development update about what happened in the last weeks.
Verus Interview
CryptoRich interviewed Michael Toutonghi, Lead Dev at Verus Coin and they talked about how VRSC could be used for COVID-19 contact tracing in a way that protects privacy, as well as Verus Coin's testnet that allows you to create your own cryptocurrencies.
PirateChain
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 has been raised so far. This doesn’t cover the full costs of the development, so the PirateChain team is still looking for donations.
PirateChain Mobile Wallet
Skull Island
The PirateChain released the public beta of the world’s first Z to Z-only Mobile Wallet dubbed Skull Island. Sailor +DreamTim wrote about it on the community portal. Kaks published an explainer video on how to export your private keys on Ghostship OS.
HUSH
HUSH's new HushChat entered the closed alpha testing. HushChat is an end-to-end encrypted z2z messenger platform on SilentDragon wallet. HUSH will soon release it for the public.
Sneak Peak of the z2z messenger:
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.
Komodo x DIVI Crypto Podcast
Komodo CTO Kadan ‘ca333’ Stadelmann sat down for a superb interview with Nick Saponaro, the CIO of DIVI. They discuss Komodo's technology with respect to DEX technologies and atomic swaps, the history of Komodo's development, and the future of the Blockchain market.
Komodo in Turkey
One of Turkey's largest coin news websites published an article about Komodo with the headline 'Why Komodo?'. We would like to thank Prof. Dr. B. Gültekin Çetiner of MarmaraChain for giving the interview!
The article is in Turkish but Google Translate will do its work!
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That's it for Komodo's May 2020 report. Thanks for reading and stay safe & healthy!
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