A cryptographic hash function is a mathematical equation that enables many everyday forms of encryption. This includes everything from the HTTPS protocol to payments made on e-commerce websites. Cryptographic hash functions are also used extensively in blockchain technology. While the term itself may seem intimidating,
In roughly one month, at block height 1 Million, Komodo will implement updates to the KMD blockchain’s codebase. This means that an update is mandatory for all notary nodes, miners, mining pools, exchanges, developers, and any other individuals using the KMD chain. Everyone must make
Atomic swaps are often discussed but rarely understood in full. How do atomic swaps work? And what makes them so important? As the world leader in atomic swap technology, Komodo has all the answers you’re looking for. This post will explain exactly what atomic
For Komodo Platform, 2018 is the year of mass adoption. Over the last 8 months, Komodo has already had two major developments in this regard. First, Komodo was listed on Bitpanda, a European crypto exchange that provides a direct fiat gateway to KMD. Users can
An unspent transaction output, better known as a UTXO, is an important concept in the world of blockchain. The name might seem a little confusing but the concept itself is not hard to understand. This post will explain everything you need to know about UTXO.
It was not so long ago that the idea of a successful 51% attack seemed unrealistic and far-fetched. While it was acknowledged that they’re theoretically possible, most people assumed that 51% attacks would be so difficult to perform that they didn’t represent a legitimate threat.
If you’re a newcomer to the cryptocurrency world, you may have come across the phrase “Merkle Tree” and felt a little lost. While Merkle Trees are not a widely-understood concept, they’re also not terribly complicated. So, what’s a Merkle Tree? To put it very simply,
Komodo Platform is excited to announce that KMD coins can now be purchased with fiat money at 170,000 physical locations throughout Europe, Australia, and Canada. As of July 30, 2018, KMD will also be available for purchase with and sale into fiat in sums greater
Komodo’s technology vision is anchored to the 4 Pillars of Blockchain Technology: security, scalability, interoperability, and adaptability. In addition, Komodo believes in reducing the barriers to entry into the blockchain space. This post will discuss Komodo’s plans to prioritize simplicity in order to accelerate the mass
The term “platform” has come to dominate many discussions about the future of blockchain technology. While blockchain platforms have enormous potential, it’s not always clear what blockchain services they can provide or how the architectures of these platforms are designed. As we will soon see,