StakeCube, on 14 February, listed Komodo on its exchange. Komodo with a market cap of $106.5 million is ranked 64 and is only the 5th coin from the top 100 to be listed on StakeCube.

StakeCube, one of the most popular POS pools and masternode services, has its own exchange and over 33,566 registered users on its platform. The SC platform has 48 coins listed currenrly. Based in Germany, StakeCube was launched on 13th June 2018.

StakeCube also offers interest on Bitcoin, Doge, Litecoin and Dash. Reddcoin and Digibyte are also listed on StakeCube exchange.

Understanding Komodo

Komodo has been around since 2014. Under the anonymous leadership of JL777c, KMD offers blockchain solutions to fintech, supply chain management, digital identity and records, voting and gaming. In an interview given to Naomi Brockwell, JL777c said, “Komodo offers to resolve the issues of privacy, scalability and security.”

Komodo uses a concept called delayed proof-of-work (dPOW).  It uses Bitcoin’s security and Zcash’s privacy tech. In the same interview, JL777c said “KMD piggy backs on the security and all the electricity used by miners” of bitcoin.  What this essentially means is Komodo community appointed notary nodes leverages from Bitcoin’s hash. dPoW algorithm takes snapshots of the KMD blockchain and inserts them into BTC every 10 minutes. With this feature, dPOW provides developers the ability to conduct fast and secure transactions on their blockchain relying on Bitcoin’s security and resources. KMD can create a new blockchain that can be configured to have 0 to 100% Proof-of-Stake in a Proof-of-Work, Proof of Work and many other hybrids.

KMD Notary elections coming up soon

The Komodo notary node network consists of 64 independent servers that are located across the world. The notary nodes defend the entire Komodo ecosystem against 51% attacks by relaying blocks to BTC.  Komo has its notary node elections coming up in March 2020. Anyone with technical skills can stand for elections and you do not need a minimum level of KMD to contest. However, voters are airdropped a token based on their holding on a. 1:1 ration.

Komodo’s all time high was on December 22, 2017 at $11.54. Maximum supply 200 million with a circulating supply of close to 120 million. Binance is the current most active market for Komodo.

sid@ledgerlife.io

Steemit Inc., the largest decentralised blockchain-based social media and blogging platform, announced a strategic partnership with TRON Foundation. TRON and Steemit’s development teams will immediately begin working together to bring Steemit and other Steem blockchain based DApps to TRON blockchain and its community of over 20 million users, products, and services.

TRON is one of the largest decentralised ecosystems, providing fast network speed, high throughput stability, and scalability. This partnership continues the beat of TRON’s rhythm in partnering with top firms like Samsung, Poloniex, Opera, and DLive to provide a dynamic value proposition to its users, investors, and community members.

Steemit is offering a Reddit-alike service built on top of the Steem blockchain. As one of the largest DApps cross all the blockchains, Steemit also claims a thriving community of its own due to a growing number of DApps developed on the Steem blockchain with over 1 million users. Some popular real-world use cases on Steem blockchain include the Youtube alternative D.Tube, Instagram alternative APPICS, and fitness Dapp Actifit. Steemit was founded by Ned Scott and Dan Larimer in January 2016. Larimer led the engineering of Steemit’s earliest technology and later went on to lead the development of EOS, a highly visible blockchain protocol.

Together, TRON Foundation and Steemit Inc. will look to create further value for their users and to augment their advancements in decentralized technologies, including moving old STEEM token to a new TRON based STEEM token, giveaways to the existing TRX users with the new TRON based STEEM token, as well as a new accelerator program towards the developer community.

This partnership further empowers TRON’s title as the blockchain industry’s leader in distributed ledger technology with over 800 Dapps now in its ecosystem.

“We are very excited to welcome Steemit into the TRON ecosystem,” says Justin Sun, Founder of TRON and CEO of BitTorrent. “Together we will usher in a new era of decentralized social networking.”

“Steemit is the original conception of forums meeting cryptocurrency to achieve mass adoption—where cryptocurrency could be distributed as easily as “likes” and “upvotes” and this high powered distribution mechanism would bring adoption and appreciation to the currency and the social network,” says Ned Scott, former CEO, Chairman and Founder of Steemit. “From launching the platform in 2016 on a shoestring budget to today, I’ve enjoyed the development of the platform and the growth of its user base—now I’m excited to see a strategic partner attempt to bring it to new heights.”

Tron Foundation (Medium)