6 projects will join forces with Komodo for the greatest stress test of all time for AtomicDEX. Sign up for the event today to become a part of DEX history on December 12 & 13. There will be prizes!
Note: Download AtomicDEX v0.3.1 before the AtomicDEX Stress Test. If you’ve previously downloaded an earlier version, you’ll be prompted in-app to update to AtomicDEX v0.3.1.
3 Community Spotlights
Qtum, Firo, and Einsteinium will each get their own Community Spotlight during the AtomicDEX Stress Test. We’ll have an hour-long event for each Community Spotlight project. This will consist of a livestream presentation/AMA session as well as a swap event where users can trade testnet coins for free QTUM, FIRO, and EMC2.
Firo is joining Komodo for the greatest stress test of all time. We’ll release more details about the event later this week, but first, let’s preview what Firo is currently working on and highlight the shared vision of our two projects.
Reminder: Registration for the stress test is now open. Download AtomicDEX and sign up for your chance to win $500 in FIRO. We'll also have prizes in KMD, QTUM, EMC2, and other coins throughout the event.
Earn Free FIRO
Firo is one of six projects that will be participating in the AtomicDEX Stress Test. Users will be able to earn free FIRO and other coins by trading testnet coins on AtomicDEX.
If you haven’t done so already, register early for the stress test to boost your odds of winning prizes. Stay tuned to the Komodo blog and social media channels as we announce the Firo time slot for the swap event and livestream later this week.
Firo + Komodo:
Firo and Komodo are two projects working on cutting-edge blockchain technologies. Komodo is a garage for developers focused on building open-source applications, with AtomicDEX ultimately aiming to provide a cross-chain/cross-protocol bridge that connects all blockchains together. Firo is focused on zk-SNARK technology to provide financial privacy.
AtomicDEX recently became one of the first applications to support Firo’s rebrand from Zcoin. While centralized exchanges have much more difficulty in achieving this kind of update, it took the Komodo developer team just 5 minutes thanks to the modern architecture being used in AtomicDEX.
Reuben Yap, Co-Founder & Project Steward said,
“Firo’s mission is to offer a fungible currency for financial liberty. Komodo’s AtomicDEX aligns quite well with this mission. By having a non-custodial wallet and non-custodial atomic swap DEX, AtomicDEX is a major breakthrough for blockchain technology. We want our community to participate in the stress test and be a part of Komodo’s efforts to expand blockchain interoperability.”
5 Fun Facts About Firo
- Formerly known as Zcoin, Firo actually predates Zcash and runs on a different cryptographic technology.
- Firo will soon implement Lelantus — a next-generation privacy protocol that allows users to burn coins, which hides them in an anonymity set of over 65,000.
- Firo’s mining algorithm, Merkle Tree Proof (MTP), is designed for ASIC resistance. It requires miners to use large amounts of RAM (up to 10 GB) while remaining fast to verify.
- 5,000+ master nodes are responsible for blockchain consensus on the Firo network.
- Dandelion++ is used to decorrelate the broadcast origin of a FIRO transaction from the sender’s IP address.
The Interop Spotlight & More
We had so much interest from projects wanting an AtomicDEX Stress Test Community Spotlight that we’ve decided to have a special event during the stress test dubbed the ‘Interop Spotlight.’ This will be a special one-hour combined community event where users can win free RVN, VRSC, and NAV.
We’ll also have additional livestream guest appearances from more projects. Later this week we’ll release the full schedule with specific times for the swap events and livestreams happening on December 12 & 13.
Ravencoin, NavCoin, and Verus are joining Komodo for the greatest stress test of all time. We’ll release more details about the event later this week, but first, let’s preview our Interop Spotlight communities.
Reminder: Registration for the stress test is now open. Download AtomicDEX and sign up for your chance to win your share of $500 in crypto during the Interop Spotlight. We're also having other contests throughout the event where you can win free KMD, QTUM, EMC2, FIRO, and other coins.
Earn Free RVN, NAV, and VRSC
The Interop Spotlight is one of several events that will be happening throughout the AtomicDEX Stress Test on December 12 & 13. Users will be earning free crypto by trading testnet coins on AtomicDEX.
If you haven’t done so already, register early for the stress test to boost your odds of winning prizes. Stay tuned to the Komodo blog and social media channels as we announce the Interop Spotlight timeslot for the swap event and livestream later this week.
Komodo Is Interoperable DeFi
Komodo is a garage for developers focused on building open-source applications, with AtomicDEX ultimately aiming to provide a cross-chain/cross-protocol bridge that connects all blockchains together. The Komodo DeFi vision is about connecting all blockchain protocols together. We on our journey to make this vision a reality — with support for 20+ blockchain networks currently available. The AtomicDEX Stress Test is crucial to Komodo’s goal of building a scalable network and a significant step towards making AtomicDEX the holy grail of DEXs.
The Interop Spotlight consists of three projects built on UTXO-based blockchain networks: Ravencoin, NavCoin, and Verus. For these projects, AtomicDEX is one of the very few decentralized, trustless, and non-custodial solutions for trading. That’s why it’s so important to test AtomicDEX to the limits and keep advancing atomic swap technology.
5 Fun Facts About Atomic Swaps
- Tier Nolan first introduced the concept of atomic swaps on BitcoinTalk in 2013.
- AtomicDEX currently supports atomic swaps for the most blockchain protocols of any DEX on the market.
- Atomic swaps use Hash Timelock Contracts (HTLCs) to ensure that funds are sent from one user to another.
- Atomic swap technology enables trustless trading of assets natively on-chain, making it a far more secure solution than smart contract-based wrapped tokens.
- Like normal blockchain transactions that happen on a single chain, It’s possible to speed up swap times for each atomic swap by choosing fewer block confirmations.
Join Us For The Stress Test
We’ve now surpassed 1,000 signups! It’s not too late to register for the AtomicDEX Stress Test and be a part of DEX history in the making. Sign up here for multiple chances to win free crypto throughout the event on December 12 & 13.
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