Friday, November 30, 2018

Week 48: Komodo's Five Bullet Friday.

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Five Bullet Friday

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 Week 48 

Upgrade Guide: A Summary Of New Features

Now, Komodo is pleased to announce that an update to the Komodo code base will be made on December 15, 2018 at 01:00 UTC. The update will activate a number of new features, including the Sapling Upgrade, 10 new asset chain parameters, and an increase in block size for all updated chains, from 2 MB to 4 MB. Please note that this update is a hard fork. It is, therefore, a mandatory update. In addition to Sapling, the new parameters upstreamed and being activated in the Komodo codebase on December 15 include:

  • The VerusHash algorithm, bringing near-equality between CPUs and GPUs with the fastest CPU mining algorithm in the world
  • The VerusPoS algorithm, allowing for a 50/50 hybrid blockchain, which can be combined with either 50% VerusHash or 50% Equihash for the proof of work component.
  • Time Locking, which allows mined rewards to be time-locked for random release, within a set of parameters.
  • The "Eras" parameter (ac_eras), allowing 3 eras of different coin emission schedules to be defined which alter emission, including slow start options, and linear exponential decay at specific, predetermined block height schedules

As an ecosystem devoted to great development and innovation, we're excited to be implementing this host of new code into the Komodo codebase and glad Verus chose our platform to build upon! Read more here: https://komodoplatform.com/upgrade-guide-dec-15/.



WooCommerce Plugin for $KMD

A Woocommerce plugin has been published which will allow merchants to accept Komodo payments from customers anywhere on earth.

  • Accept payment directly into your personal Komodo wallet.
  • Komodo wallet payment option completely removes the dependency on any third party service and middlemen.
  • Accept payment in Komodo for physical and digital downloadable products.
  • Add Komodo payments option to your existing online store with alternative main currency.
  • Flexible exchange rate calculations fully managed via administrative settings.
  • Zero fees and no commissions for Komodo payments processing from any third party.
  • Set the main currency of your store to USD or Komodo (KMD).
  • Automatic conversion to Komodo via real-time exchange rate feed and calculations.
  • Ability to set exchange rate calculation multiplier to compensate for any possible losses due to bank conversions and funds transfer fees.


Streamlined Developer Documentation is now live - requesting testers.

Here's the first public iteration of our streamlined developer documentation. Test it out and leave your feedback in this Reddit post. There is a lot of new material, including information on how to use the new crypto conditions RPC calls. You can now quickly release tokens (similar to Ethereum's ERC20 tokens) that have metadata for developer purposes, creates oracles (so you can use your tokens to make CryptoKitties-type dApps), make gateways for on-chain trading of foreign assets, and more. These Crypto Conditions features are available for development, but I believe in many cases you should consider them as still in testing, just to be safe. From the overall documentation site, docs.komodoplatform.com, we have cut out a lot of material in order to get rid of the extra weight. That old website will remain active for the foreseeable future, in case you need anything from there.



Vleppo interview with GM of Komodo (FULL INTERVIEW)

Ben Fairbanks covers a lot in this interview with Peter Coco from Vleppo and we're linking from 04:32 to help you dive into the crytpo conditions discussion which is where it starts to get good: https://youtu.be/2h4uYGna4NI?t=272 . Show your support in the comments! 



JL777 is interviewed by Ahsan at Blockpublisher

Instead of using a single chain for carrying the brunt of all the transactions on the network, Komodo employs parallel blockchains, each dedicated to a specific operation. In order to get a technical insight into the project, BlockPublisher got in touch with James Lee, the founder and core developer of the project

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