It's Friday again, which means it's time for another weekly wrap-up. This week, Ethereum Founder Vitalik Buterin took notice of AtomicDEX on Twitter, Komodo CTO Kadan Stadelmann joined a podcast with Justin O'Connell from Cryptographic Asset, and more. Find all the details below.
On Tuesday, Ethereum Founder Vitalik Buterin caused a stir on crypto Twitter when he called for a decentralized way to trade between Bitcoin and Ether:
"We should put resources toward a proper (trustless, serverless, maximally Uniswap-like UX) ETH <-> BTC decentralized exchange. It's embarrassing that we still can't easily move between the two largest crypto ecosystems trustlessly."
Of course, Komodo made it possible to swap between Bitcoin-protocol coins and Ether and/or Ethereum-based assets like ERC-20 tokens years ago. This was possible with BarterDEX, the first GUI product of Komodo's atomic swap technology, as far back as 2017. Today, it's still possible and far easier with Komodo's AtomicDEX.
Komodo pointed this fact out to Vitalik, who was immediately interested and asked for details on the technology. You can see the conversation on Twitter here.
An article from The Daily Hodl about Vitalik's tweet cited Komodo's AtomicDEX as the existing solution.
"Developers across the cryptosphere highlight just how many different platforms are being built in an effort to create basic infrastructure that solves this type of demand. The team at Komodo, for example, points to AtomicDEX, a mobile-friendly atomic swap powered DEX that it says can do the job, effectively swapping the two cryptocurrencies."
This week, Komodo CTO Kadan Stadelmann joined a podcast with Justin O'Connell, a contributor at Forbes Magazine and the Founder of Cryptographic Asset.
“First of all, I’d like to say that this module, this stablecoin module, is one of many other modules," said Kadan. "Komodo, in general, is a multi-chain platform, built on a so-called multi-chain architecture. And on top of the whole platform, first, third-parties can not just spin up a chain, but literally fully customize, configure this chain, and that’s also why we call it a composable platform— a composable Smart Chain results out of this feature.”
You can listen to the full podcast here.
Komodo continued with its Blockchain Fundamentals content series this week with two new articles.
This first article is about blockchain-based supply chain management solutions. It discusses the various inefficiencies of legacy management systems and explores how blockchain technology is being applied to improve supply chains across a wide range of industries. Lastly, it takes an in-depth look at prominent public and private projects working on blockchain-based supply chain management.
The second article is on the decentralized internet, also known as Web 3.0. The article examines how the decentralized internet is challenging the status quo of the centralized internet and explores how peer-to-peer protocols and apps are playing an integral role in the growth of the decentralized internet. Finally, the article considers the feasibility of decentralizing the existing web.
That's it for this week. We hope everyone is staying healthy in the midst of the COVID-19 pandemic. Have a great weekend and stay safe!