Komodo is a platform forked from zCash. It incorporates the same zero-knowledge proof protocol, so transactions are anonymous and private. Its unique consensus protocol is called delayed proof-of-stake. 64 masternodes, elected by voting, are responsible for notarizing (recording) Komodo's blocks into the Bitcoin's blockchain. With this, they offer the same security level of Bitcoin. Kmodo also offers a framework for creating independent blockchains with blocks notarized to it (and, therefore o Bitcoin). Mining uses the equihash algorithm, so it's ASIC resistant. Through their dICO platform, anyone can launch an ICO with total anonymity, with a blockchain within the Komodo ecosystem or not. Komodo also features the BarterDEX decentralized exchange, which uniquely supports trading between different pairs using atomic swaps for increased speed.
Copyright © Cryptolo.gy All rights reserved ,Cryptolo.gy shall have no liability for the accuracy of the information / Data and cannot be held liable Startup WordPress Theme.