Friday, November 30, 2018

Week 48: Komodo's Five Bullet Friday.

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 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

Click for past issues of Five Bullet Fridays

Thank you for being a part of our community!

GitHub
Facebook
Medium
Reddit
Twitter
YouTube
Email
Website
Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Drop Resumes / Intel Patent / 'Bury Bitcoin' / Ethereum 1x

Subscribe | View in browser

$BTC (1:08 p.m. EST): $4,047.64 (-6.64%) // 90-day high: $7,382.19 // 90-day low: $3,604.14 / / More

$BCH ABC (1:08 p.m. EST): $175.14 (-3.88%) // 90-day high: $703.41// 90-day low: $157.32 // More

$ETH (1:09 p.m. EST): $114.66 (-3.90%) // 90-day high: $365.71 // 90-day low: $98.42 // More

$LTC (1:09 p.m. EST): $32.33 (-5.82%) // 90-day high: $74.80 // 90-day low: $27.23 // More

$XRP (1:09 p.m. EST): $0.36 (-3.86%) // 90-day high: $0.61 // 90-day low: $0.26 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

Facebook gray   Twitter gray   Email gray   Permalink gray

1. Bitcoin's two-day rebound is back on hold. The cryptocurrency saw its price drop below $4,000 again early Friday, surrendering about half the gains it made over the past two days. Analysts at FX Pro Insights argued that the drop is the result of short-term trades looking to book some profits following the drop. The biggest question is whether the crypto market has reached a bottom or if it still has more room to fall. –MARKET WATCH

Facebook gray   Twitter gray   Email gray   Permalink gray

2. Intel successfully filed a patent this week for a processor it claims can offer high-performance bitcoin mining. The processor is built on the SHA-256 algorithm, like bitcoin, in an effort to make the mining process more efficient, and thus more profitable. Intel's patent plans to hard-wire the part of the mining process that requires transaction-specific data to be processed only once. Current miners process this data in a number of stages, taking away efficiency. By improving this step, Intel hopes to reduce the time and energy needed to complete a transaction. –THE NEXT WEB

Intel files patent to speed blockchain mining
Facebook gray   Twitter gray   Email gray   Permalink gray

3. Paul Donovan, the chief economist at UBS Global Wealth Management, believes it is time to "bury bitcoin." In an interview on Thursday, Donovan, who has been a vocal critic of cryptocurrencies, said they are fatally flawed. "Right from the start of the hike in late last year, it was fairly obvious that this was going to end badly, unfortunately, for some of the people who weren't protected by any kind of regulation and got sucked into the process," he said. –CNBC

UBS chief economist wants to 'bury bitcoin'
Facebook gray   Twitter gray   Email gray   Permalink gray

4. An increase of research and development has started to form around the ethereum 1x proposal. This upgrade is aimed at improving the usability of the ethereum blockchain. While the exact code has not been settled, discussions have largely centered on more radical proposals aimed at creating potentially dramatic change. Even if the changes were decided quickly, they would likely not be able to take effect until this summer at the earliest. –COINDESK

Facebook gray   Twitter gray   Email gray   Permalink gray

5. The US government has targeted Iranian hackers for laundering bitcoin. –THE WALL STREET JOURNAL

6. This chart shows how bitcoin may be entering a multi-quarter bottoming that is similar to the 2014 cryptocurrency crash. –MARKET WATCH

7. Canaan Creative is holding a "flash sale" on cryptocurrency mining equipment in the wake of the bitcoin price drop. –COINDESK

8. Glance Technologies, a mobile payments company based in Canada, has added support for bitcoin payments. –COIN TELEGRAPH

9. ConsenSys Labs has led a $2.1 million seed investment in AZTEC, an ethereum protocol that will facilitate private transactions across the public blockchain. –BCFOCUS

10. Blockchain and artificial intelligence have the opportunity to lead to another industrial revolution, a writer believes. –FORBES

Facebook gray   Twitter gray   Email gray   Permalink gray

Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

Facebook gray   Twitter gray   Email gray   Permalink gray
Copyright © 2018 Inside.com, All rights reserved.

Our mailing address is:
Inside.com
767 Bryant St. #203
San Francisco, CA 94107



Did someone forward this email to you? Head over to inside.com to get your very own free subscription!

You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.