Updates & Developments
This week MetalPay, one of the most exciting crypto projects building a new generation digital bank, has added support for KMD. Users in the United States can now buy and sell KMD for US Dollars or send KMD to a friend using MetalPay's Venmo-like user-friendly smartphone app.
We are always delighted to see KMD getting more and more adoption, and we believe this is especially big news for our American community.
We are less than a month from releasing Komodo v0.5.0 (Obsidian Dragon), a mandatory upgrade. It includes several bugfixes, a change in the Proof of Stake algorithm for Smart Chains, and Antara Module upgrades.
The update goes live on December 20, at block 1,670,000. Read more about the changes on our GitHub.
With the crackdown in China, the recent hack of Upbit, and the shutdown of IDAX, exchanges had a tough week. Decrypt interviewed Komodo CTO Kadan Stadelmann about the inherent risks centralized exchanges face, being attacked by malicious actors and also by authorities.
Undoubtedly, one of the overarching trends of 2020 will be the rise of decentralized exchanges, like AtomicDEX.
AtomicDEX is fully non-custodial: you control your private keys, even when you trade one asset for another. We are progressing towards 1.0 with each beta release. This week we added Feathercoin, Turkish and Hungarian translations, and fixed a bunch of connectivity bugs. Read more about AtomicDEX here, and give the public beta a try:
The leading French blockchain news portal, Thecointribune, published a portrait of our CTO, Kadan Stadelmann. Kadan talks about how he got into crypto in the early days, how Komodo started, and why the markets do not always reflect the quality of a project. We love our international community, and it's great to see Komodo covered favorably in the French media.
Our friends at Travala have recently added KMD as a supported currency on their platform. This week, they announced a partnership with the industry giant Booking.com, which means you can now book any of the 90,000 hotels in the inventory of Booking.com using KMD!
Komodo is looking for two new developers: a frontend developer and UX/UI designer with at least 3 years of experience; and a blockchain core developer with at least 5 years of experience with C/C++ and at least 2 years of experience with either the BTC or the ZEC protocol. In addition, the Komodo team is offering a $1,777 USD referral bonus (paid in KMD or BTC) to anyone who refers a candidate that is hired for one of these roles. Learn more about these 2 openings on the Komodo Careers page. | | A Word From The C-Suite
"By its very nature, the centralized exchange model's biggest problem lies in the immense trust that you have to accept as a user. With centralized exchanges, users have to trust an exchange's competence in handling funds, infrastructure, and security systems. Even worse, centralized exchanges can be accessed easily by authorities through court orders and other means of coercion. Not only could users be liable to lose their assets in one fell bureaucratic swoop, but their personal data could come under the ownership of a government with less than ethical objectives... to put it bluntly. In certain places around the world, if you're using a centralized exchange, you may be putting a massive target on your back."
Komodo CTO Kadan Stadelmann
Read the whole article on Decrypt.
| | Komodo Ecosystem News
HardForking features PirateChain
Tune in to the HardForking YouTube channel on Sunday, December 1st, where our friends from PirateChain will talk about privacy and anonymity in crypto.
| | | Thanks for reading and have a great weekend! | | | |
