Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B (Read 1192373 times)

In addition to the Komodo Core Daemon updates, the Komodo Team has done incredible work on its flagship application, Komodo Wallet. Some users might have lost track of the development history, from where it all started to where it has led us today. For those interested, here's a brief overview:

After BarterDEX evolved into AtomicDEX, the development focus, beyond adding new blockchains and platforms for the wallet and atomic swaps, was to unify the functionality across all platforms. This effort resulted in the introduction of the mm2 application/library, which became the core of AtomicDEX across all platforms.

As a logical progression, AtomicDEX was rebranded to Komodo Wallet, and the mm2 core was renamed to the Komodo DeFi Framework (KDF), which is its current name. The KDF core is open source and powers all instances of Komodo Wallet, including the desktop and mobile applications, the web version, and more.

The KDF can handle various coins and platforms, serving as both a wallet and a decentralized exchange (DEX). It enables atomic swaps between different UTXO-based coins and even between EVM-based chains. Importantly, all of this is done natively, without the use of intermediate tokens or a "server part." It utilizes well-known HTLC atomic swaps, making it (one of the) best-known implementations of Atomic Swaps at this time.

However, KDF itself is a building block for developers; regular users should use the Komodo Wallet, which is available on most popular platforms and has both desktop and mobile versions. The web version also offers limited support for hardware wallets, such as Trezor, with Ledger support coming soon.

It seems there haven't been any recent project updates on Bitcointalk, so I'll try to fill this gap a bit. First and foremost, you should know that the tokenomics of the KMD (Komodo) coin will be changing very soon. According to the official announcement, the next season (S8) is expected to start after October 3, 2024.

What does this mean for regular users and KMD holders?

According to KIP0002, the block subsidy will be reduced to 1 KMD. This change will decrease the yearly coin emissions to approximately 526,000 KMD, which should reduce market sell pressure and allow previously created coins to appreciate in value over time.

Additionally, KIP0003 introduces a new policy where notary nodes will burn transaction fees. The main goal of this change is to enhance KMD's tokenomics by creating a deflationary effect.

Lastly, KIP0004 outlines plans for KMD to transition from PoW to PoS, though this is scheduled for 2025/2026.

Exciting changes, aren't they?

p.s. All of these proposals were voted on by the Komodo Community. You can view the results of these votes here. Use the dropdown list "Select vote..." to see the vote options and variants for each proposal.

It trades on Qortal and AtomicDEX

Komodo's concept artist @Ramonster24@Ramonster42 talks about how he got started working as an artist and joins a discussion on the role of NFTs and AI.

Podcast Link: https://www.youtube.com/watch?v=iPKxVYWtGxA
Tweet: https://twitter.com/KomodoPlatform/status/1745926762066841738

This was really a fun Podcast to listen to. A Good talk about NFTs and AI can be good for Career. tune in if you guys have time.

https://swapzone.io/

have also ARRR

Thanks, never heard of this exchange before.
I had to take a closer look at it, what I don't like about it is the big gap in the spreads and the low liquidity. I was hoping there would be one with less spread gaps and better liquidity.

What about Tradeogre?

Is it possible to buy ARRR on a decentralized exchange like the Komodo DEX?
All exchanges in my research that list ARRR or where you can trade the coin are central, such as CoinEx, Gate.io or FMFW.

Someone just mentioned this coin in reference to a DEX.   How active has that been?

Hi! I am writing on behalf of slex.io a global Crypto and commodity CEX  with AI Algorithms. Our platform is the brainchild of a team of professional blockchain developers with a rich background in the industry, having contributed to renowned projects and exchanges like Binance, OKX, Latoken, Emirex.

We offer listing on our exchange, where you will get:

Listing 2 pairs for choice.
NO KYC before $15K.
NO KYC for purchasing with VISA/Mastercard.
instant buy with VISA\Mastercard for your currency.
Marketing coverage for 73+ countries.
Integration on Slavi Wallet (https://slavi.io/)  (150 000 users).
Comprehensive market-making.
Increasing rating at CMC and Coingecko.

Who can I contact to discuss listing?

Update!

What has Komodo been working on? AtomicDEX - a multi-coin wallet, bridge, and DEX rolled into one app. It is the ultimate non-custodial wallet through which you can manage your crypto without limitations.

How does it differ from the other DEXes and wallets? AtomicDEX is cross-protocol. We are bridging the entire blockchain industry together.

Recently we released a web version that is currently in the alpha stage. You can find that from https://app.atomicdex.io/

What about KMD?

A lot of effort and focus has gone into AtomicDEX development, making it ready for wider adoption. This year we are emphasizing KMD and its role within the DEX network.

We have started community-wide discussions about KMD tokenomics to identify opportunities and new strategies. For example, the Komodo team proposes we turn KMD into a deflationary coin and closely tie the whole AtomicDEX tech stack with KMD.

Find the latest tokenomics announcement here: https://komodoplatform.com/en/blog/kmd-tokenomics-revolution/

Komodo progress report from last year here: https://komodoplatform.com/en/blog/q4-2022-progress-report/

If you have questions, please join the Komodo Discord at https://komodoplatform.com/discord

Best Regards,
Komodo Team

Yes, it's Komodo's decentralized exchange. The OP is the founder and advisor. It is very complete, I hope its use will be spread to a wider audience.

Is it yours Atomic DEX?

You are awesome for sharing all that knowledge on Satta Matka Result. I really appreciate visiting your website again. Thank you for your generosity!

Komodo Progress Report | July 2022

Stay informed and dive into our Q2 2022 recap / Q3 2022 preview from Komodo development, marketing, and business development teams. We are on a mission to connect all protocols together one chain at a time. Follow our progress as we develop cutting-edge DEX technology.

Here’s what we’ve been working on since our last update in April 2022.

Hello is Komodo and Supernet just dead?
j777 inactive for years now ?

The annual Notary Node election is now underway and will last until midnight (UTC).

Please cast your vote. You can do it with AtomicDEX, the VOTE2022 tokens are listed on Mobile and Desktop version: https://atomicdex.io/

Here's a good Twitter thread detailing many of the candidates: https://twitter.com/dragonhound3/status/1529262346652491776

Well I guess there were more than 2 years, ICO finished in 2017. If I'm not mistaken first Beta of Atomic Dex launched in 2018. In the beginning KMD team worked fast and in that time 2018-2019 project looks like very promising. Even when KMD wallet was broken project still looks solid and even in 2019 price was about 1.5 $ for KMD and that's in bear market. 
It is good that the team after the solar years has not thrown the project, but now there are many competitors in the market that have DEX

So after 2 Years development, AtomicDex is not available in iOS AppStore, only for developers in Testflight...
cool

13 new protocols have been added to AtomicDEX, including Harmony Protocol

Users on these various chains will now be able to access their cryptocurrencies natively without the need for wrapped or proxy tokens.