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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Komodo by Jesmin Akter

Revainrating 3 out of 5

My Komodo crypto project review & thoughts.

More investors will go to Komodo as a result of its open and timely source-based strategy, which will help the currency reach new heights. As part of the SuperNet, a number of stand-alone initiatives are being developed, such as enabling greater atomic swaps suitable with the Komodo Platform. This has the potential to assist Komodo's community expand, particularly given the fact that it is listed on several exchanges. The Chinese government has included Komodo on its list of the greatest blockchains in China, which is graded and evaluated. This will increase investor confidence, which may result in a speculative bubble.

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As a result of scalability and private transactions, KMD is poised for a long and prosperous future. It grew at a fast rate, providing its investors with massive profits in less than a year's time.

Pros
  • The quality of the security provided by blockchain is comparable to that of bitcoin.
  • Transactions that are clear and transparent.
  • Privacy and confidentiality are provided via the ZKP method.
  • The genesis block is much quicker than its counterparts.
Cons
  • High competition in the market.