This article was first published on Komodo
This series of posts is called the Tech Tuesday Updates. Along with AMA Mondays on Komodo’s subreddit and the Five Bullet Fridays weekly newsletter, Tech Tuesday Updates will be another weekly piece of content to look forward to.
In case you’ve missed a previous edition and want to catch up, you can find all the previous Tech Tuesday updates here.
Blockchain Innovations for 2019 – Part 1
Leading blockchain innovations in 2019 are dominated by the implementation of a turing complete smart-UTXO model of cryptoconditions – originally a cryptographic encoding format from Ripple. Komodo lead developer jl777 saw great potential in the technology and worked with polyglot developer libscott through 2018 to continue and establish an ongoing list of open source innovation:
- History of blockchain innovation
- History of atomic interoperability
- Multi-coin open source DEX integration
- Multi-coin open source wallet integration
- Time based multi blockchain hard fork (more info on ecosystem sapling upgrade)
Create a blockchain and set it’s cryptoconditions (smart-UTXO) interoperability to off/on/scaling/cross-chain
When first developed and deployed to the ecosystem, backwards compatibility was for new blockchains to have no cryptoconditions support (e.g. -ac_cc=0). To enable cryptoconditions, create a blockchain with the -ac_cc=1 parameter.
Cryptoconditions features in the blockchain scalability solution of the multi-chain architecture (a.k.a. cluster) incorporating MoMoM technology. To enable a clustered multi-chain scaling solutions, -ac_cc parameter needs to be set between 2 & 100. All chains with the same seed nodes, same name, same supply and same -ac_cc parameter will function as a multi-chain cluster.
To gain the cross chain interoperability features of MoMoM technology, the -ac_cc parameter needs to be set ...
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