Week 52: Komodo Five Bullet Friday.

Bug disclosure: possibility of 5% to 10% APR for txid created prior to height 250000.

Share Share Tweet Read Later Forward Five Bullet Friday If this is the first time you're reading our newsletter you can subscribe here and guarantee you don't miss out on important news.  Week 52  Komodo comes 4th in China's CCID rankings. The Center for Information and Industry Development (CCID), under China's Ministry of Industry and Information Technology, released its eighth crypto project ranking update on Thursday. We are ranked as number 4.    Tuur Demeester throws light onto the problems Ethereum has with scalability. A tweetstorm by Tuur Demeester throwing light onto the problems $ETH has with scalability, and why it's going to end up as a very slow and clogged up system. After reading you may like to listen to Siddhartha, the author of Komodo's whitepaper, explain the Komodo Platform and why Komodo is scalable and secure: https://soundcloud.com/blockchainists/siddhartha-the-author-of-komodos-whitepaper-explains-delayed-proof-of-work. A fair airdrop to the Komodo community Check your wallets because 200K $PGT has just been fair dropped to active $KMD wallets that hold more than 10 $KMD (based on a snapshot from 10th December). If you have any questions you can jump into the Pungo Telegram group. Keep in mind that Pungo and peer2group are not part of the Komodo team and we do not endorse them. You should DYOR. We have included this in the newsletter only because it's pretty interesting. Read their announcement here. KSB; a stable coin is born Ø Crypto have been working on producing a direct connection between the Komodo Ecosystem and the traditional banking sector.  To discuss it with them you can visit their Discord or on the Komodo Discord channel #opay. Read their full Medium article here: https://medium.com/ocryptounion/the-story-of-ksb-a-komodo-stable-coin-is-born-1ddfab924209. Bug disclosure: possibility of 5% to 10% APR for txid created prior to height 250000 In the original implementation of rewards calculations, there was a bug that allowed up to a 10% APR to be gained by getting 5% every 6 months. A new method to calculate rewards that avoids this bug and that is used for all tx created after height 250000. this avoids this bug so the chain is now safe from all but whatever onetime invocation of this that can be done. Read JL777's Reddit post here: https://www.reddit.com/r/komodoplatform/comments/a941rn/bug_disclosure_possibility_of_5_to_10_apr_for/ .   Past Issues of Five Bullet Friday Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.