UPDATES & DEVELOPMENTS -- While Komodo's focus remains on AtomicDEX, development has not stopped in other areas of the project. This week, the team made huge progress on making the Komodo ecosystem interoperable with the Coda protocol. The
Coda protocol is a project focused on building a constant-size blockchain, one with blocks that do not change in data size as the volume of transactions on the network fluctuates. James 'jl777' Lee, along with Komodo CTO Kadan Stadelmann and Komodo Core Dev Mihailo Milenkovic, in cooperation with developers from the Coda team, successfully executed CODA<-->KMD cross-chain operations.
Learn more about this Coda interoperability effort here.
-- Development continues on several other fronts. The Komodo Dev Team is adding several new coins to AtomicDEX and preparing to release a new version. Market Maker tools for AtomicDEX are still in the works, with front-end GUI development and design being the primary focus now. Progress is being made on the
Antara Gaming SDK. A blockchain-based Tic-Tac-Toe game was developed in just 170 lines of code, as a proof of concept of how simple building blockchain-based games can be with the SDK. Lastly, development continues on the Antara Module known as Pegs, which will allow a fully decentralized, crypto-backed stablecoin solution within the Komodo ecosystem.
-- This week, Jason Brown, who works on Business Development for Komodo, sat down for a YouTube interview with the Rice Crypto Show. "The Komodo Platform is an ecosystem of different projects and development solutions that, basically, is trying to interconnect many different blockchains, whether it be Ethereum or Waves or Stratis, or Bitcoin and Litecoin, as well. And we’re doing so through an atomic swap mechanism," said Jason.
Watch the full interview here.
-- Komodo Community Member Bart van Maarseveen gave a presentation on Komodo's Delayed Proof of Work (dPoW) security at the Hardfork Summit in Amsterdam this past week.
Check out Bart's presentation slides here.
A WORD FROM THE C-SUITE "Coda is a very ambitious, constant-size blockchain project. Yes, constant size, regardless of how many transactions, with a combination of Merkle roots and zk-SNARK proofs. While it doesn’t add privacy, the constant size blockchain is a very intriguing feature. After talking to the Coda devs, it seems that a dual-daemon approach is feasible. This would mean that the Komodo protocol daemon would run alongside the Coda protocol daemon and, via IPC, the two halves can communicate.
We are implementing this dual-daemon solution to create a new type of chain, where each side is a 1:1 mirror of the other side, with the coin emissions balanced between block production on each side. This allows us to create a Coda-protocol-based chain that also has a built-in 1:1 Komodo-protocol Smart Chain.
One advantage to this is that it would allow all the existing exchanges to immediately integrate it without any additional customizations, as the Komodo protocol side uses standard Bitcoin RPC. Then, people who are using the coin could migrate the coins over to the Coda side as needed.
So the traditional side will also have access to all the Antara modules, and that would allow a dual-daemon chain to have literally thousands of different instantiations. For instance, you could make a stablecoin backed by KMD and able to be 1:1 migrated automatically to the Coda protocol side of this dual-daemon chain cluster. It could be that the most powerful usecase is for massive scaling, as the coin emissions are done on the Komodo side and then the actual high-volume usage on the Coda side, where the blocks are of constant size regardless of transaction volume. I hope you can see the spectrum of possibilities, basically unlimited." --
Komodo Lead Developer James 'jl777' Lee KOMODO ECOSYSTEM UPDATES RedFOX Labs is looking to fill 2 new positions at their office in Ho Chi Minh City. "
Nothing says growth quite like reaching out to the community to fill roles within an organization. And now, Southeast Asia’s first blockchain venture builder is expanding its presence throughout the region."
Read more about the
open roles at RedFOX Labs here.
Pirate Chain gets a 7 out of 10 rating on Binance Info. "
Rating report from @cointradernik on project PirateChain (ARRR). Rating: 7/10."
View the full
Binance Info report on PirateChain here.
Hush Coin is holding a new graphic design competition. "
A new graphic design contest has begun! With the upcoming release of the HUSH SilentDragon for Android, we are in need of HUSH wallpapers."
Learn more about the
Hush graphic design contest here.
Utrum adds new sort features to the Utrum Platform. "
Based on community feedback, Sort feature is added to Developer and Community Ranking."
Check out the
Utrum Platform's new approach to crypto rankings here.
Komodo is partially sponsoring Block Party Amsterdam, an event on November 7th. "
Komodo sponsors Block Party Amsterdam! Komodo Platform has introduced the industry's first open, composable Smart Chain platform & we'll be announcing a key speaker for the event from the Komodo team very shortly."
Learn more about
Block Party Amsterdam here. Register for your
free tickets here.
HAVE A GREAT WEEKEND! That's all for this week. Thanks for reading and have a wonderful weekend.
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