Friday, August 2, 2019

nSPV and APoW: Two Next Generation Technologies


nSPV super-light clients and Adaptive Proof of Work (APoW). All in a week's work at Komodo. 
 
 
Learn more about nSPV
 
 
Learn more about APoW
 
 
A Word From The C-Suite
 
"This week, we did a mining attack test to validate the Adaptive PoW. We boosted the diff to 1.3 million and now have a single CPU trying to mine it back to normal. Of course, that would be impossible without Adaptive PoW, but with it, even a 1 million diff stranding can be recovered from. This solves an endemic problem for all the small chains that have miners coming and going, messing up the diff. 

I also developed the next generation of SPV technology. SPV clients are very useful for wallets that don’t want to store the entire blockchain locally. However, as the blockchains grow in length, the number of headers required grows linearly. With equihash coins, the header size is 2kb, so this effect becomes quite a large overhead, ie. 2GB per million blocks. Just for the headers!

If we are willing to use dPoW notarizations as a verified blockhash, we can reduce the number of headers required to just the headers that are in the blocks near the utxo in a specific wallet. As little as 10 headers would be needed to get full confirmation on a specific utxo.
 

nSPV clients thus are a way to leverage existing dPoW notarizations to gain 100x to 10000x reduction in headers (bandwidth and storage) needed to validate a set of utxos in a wallet. nSPV went from idea to initial implementation during this last week." 

                                                                                                      -- Komodo Lead Dev James 'jl777' Lee
 
 
Read jl777's Personal Blog
 
 
 
LATEST NEWS
Komodo Platform Updates
 
 
July 29, 2019
 
Komodo Support Team is looking for a new Technical Support Specialist.
 
Komodo is a globally distributed team so the right candidate will show the ability to work with the team through various communication channels (Rocket Chat, Discord, Telegram, etc.) over text and voice chat.
 
READ MORE
 
 
July 26, 2019
 
Komodo Pioneers: Best Practices To Start Your Own Meetup
 
We have to get the word out there about the brand new Komodo! Let’s pool funds together and host meetups throughout the world. Komodo Pioneers is ready to provide funding and help with the logistics of this campaign.
 
READ MORE
 
 
 
AtomicDEX Progress Continues
 
AtomicDEX beta testing is still going strong, with over 1,700 people invited to start testing the app. In the coming weeks, we will continue to increase the number of people testing AtomicDEX and schedule a major stress test. This will put the truly revolutionary capabilities of AtomicDEX on display. The traders who complete the most swaps will receive rewards.

If you'd like to join the AtomicDEX testing, you're not too late! Sign up for the AtomicDEX beta test below. Just make sure to use the same email address that's linked to your Google Play account (if you're an Android user) or your Apple App Store account (if you're an iOS user).
 
 
Sign Up For AtomicDEX Beta
 
 
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