Kabo 2020 retrospective
It was a tough year, as, probably, for many of us, we lost several exchanges (though it wasn’t our fault) and our devs had less time for volunteer work on this project for obvious reasons, but at least the Karbo network itself works fine and without any issues.
There were no loud, groundbreaking and exciting achievements, we did a lot of steady development, research and improvements of Karbo here and there instead. To mention the few:
A so-called Karbo 2 with a database-driven backend for blockchain storage has been working fine throughout this year and is now recommended to use. Moreover, if everything goes fine, it will replace the current Karbo 1 version in the (near) future.
Lite blocks were added that reduce bandwidth usage of Karbo nodes.
A lot of P2P improvements to reduce bandwidth usage and improve Karbo network security.
Poor man's Dandelion protocol to improve users' privacy and anonymity.
Deterministic transaction keys that allow proof of payment even after the reset of the wallet.
Added SSL support for both RPC requests and wallets which allows better integration of Karbo nodes into browser-based apps and websites as well as further improves user’s security.
Our browser-based “web-wallet” has got a huge boost of sync speed and now can be comfortably used as an alternative for a desktop or native mobile wallet.
We hope you like the new dark design of our native wallet that was introduced this year.
We are studying possible ways of development of the current POW scheme securing the Karbo blockchain. Several POW algorithms were tested; a multi-algo approach was developed, implemented and tested; the Proof of Work with Stake underwent a lot of changes and development; all these together with BLODHA resulting in a new interesting perspective of the possible future of Karbo mining, namely Proof of Work with Cold Stake. We do not want to make firm statements, time will tell, but this variant that we came to so far looks promising. Stay tuned.
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