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The Komodo platform is a complete blockchain solution that you can use to launch your own independent blockchain or ICO It also includes a decentralized exchange platform and a cryptocurrency anonymizer to improve the confidentiality of your transactions. Komodo is an ecosystem that can consist of BarterDEX (decentralized exchange), Jumblr (anonymous transactions) and an ICO platform. It uses a consensus algorithm Delayed Proof of Work (dPoW) as well as Decentralized Fiduciary Currencies…

Pros
  • Strong and solid community
  • Decentralized exchange platform already functional (BarterDEX)
  • Increase in ICOs and risks linked to them, therefore increasing interest in dICOS
  • Several crypto projects are interested in Komodo to secure their blockchain
Cons
  • Little marketing and poor quality marketing
  • The development manager is anonymous, he uses the pseudonym jl777

Revainrating 4 out of 5

Interoperable Blockchain Ecosystem - Komodo

Primarily, Komodo project wants to focus on centralization issues inherent to many digital currencies and blockchains today. Not only is Komodo its own coin and blockchain, but it also provides users with a decentralized ICO option, a place to exchange cryptocurrencies, and atomic swap capabilities. Those using the Komodo platform will receive a unique delayed Proof-of-Work algorithm which promises to provide anonymity, privacy, and security. This applies to all blockchains based on the…

Pros
  • Komodo offers stability when it comes to cryptocurrencies. Even though it doesn’t have the same appeal that Bitcoin provides, it does have a large number of users willing to mine and support it.
  • Through the Komodo platform, users can work with their currencies on both mobile devices and desktop computers or laptops.
  • With its delayed Proof-of-Work protocol which improves upon the Zcash code, Komodo is nearly invulnerable to even the most persistent hacker attacks.
  • Even though other cryptocurrencies distance themselves from the ideals of decentralization, Komodo remains true to the principles associated with digital currencies. Changes within the Komodo platform can only occur when the entire community is on board.
  • Since Komodo is a reasonably new cryptocurrency project, transactions on the platform complete in a short amount of time.
  • Komodo has plenty of potential. The coin is young and has a bright future ahead of it. As long as the team makes the right choices in development, there’s no reason Komodo can’t reach great heights.
Cons
  • It can be a challenge to get Komodo coin with fiat currency. Users have to go through an exchange like Coinbase to convert their fiat currency to Bitcoin or Ethereum, then find an exchange that supports KMD. It would be nice if there were a more manageable process in place.
  • There are several projects in competition with the various aspects of the Komodo platform. Many of Komodo’s competitors are well-known in the cryptocurrency market and will make it a challenge for the coin to gain market share.
  • The marketing for Komodo isn’t as strong as it is with other cryptocurrencies. Komodo could gain more traction and adoption in the market if it did a better job of marketing itself and the features it offers.

the blockchain is interressante decentralized the market with his dex BarterDEX with the security of the bitcoin blockchain

Pros
  • 50% PoS and 50% PoW consensus rule Decentralized Order Matching (Market Maker 2.0)
Cons
  • not enough marketing but for others what counts is the progress of the project

The Komodo blockchain is a fork of the ZCash blockchain, which itself was forked from the Bitcoin blockchain, making Komodo a descendent of Bitcoin. It includes the zk-snark technology that Zcash was built upon, and adds a delayed proof of work consensus algorithm to make Komodo more robust and secure.

Pros
  • Komodo it's a multiplex platform: a unique blockchain, a coin that pays interest, a decentralized exchange, a means to launch an ICO, with many additional features being planned for the future. It is extremely versatile because it was designed to be used by developers of any level and in any industry . The Komodo project is based on anonymity (so it comes as no surprise that many of the Komodo team members initially chose not to reveal their identity). In addition to launching its unique ecosystem, Komodo has been responsible for the first decentralized ICO in history, and is now covering atomic swaps for 95% of all cryptocurrencies in existence. The Komodo token (KMD) was launched in an ICO in February 2017 at a price of $0.10. Since then the price of the coin has doubled many times. The fundamentals for the coin look solid thanks to the 5% annual interest rate paid to KMD holders. Komodo was created as a form of the Zcash blockchain, using their technology known as ‘Zero Knowledge Proofs’. This technology allows each transaction on the blockchain to be 100% anonymous or as transparent as necessary given the requirements of each situation.
Cons
  • Current token quotation is understimated (due to a general weakness in the cryptocurrency markets).

I'm hodling a couple of KMD in my portfolio and I'm impressed by the project so far!

Pros
  • - 95% Of all Tokens and Cryptocurrencies can already be swapped on BarterDEX - 5% yearly Revenue for holder - fast - easy Wallet (Agama) - native blockchain creation is easy - less hype driven community - their team first delivers and then announce the news - Atomic swaps
Cons
  • - community could be more active

https://komodoplatform.com/en Zero Knowledge proofs and delayed Proof of work provide next gen security models for transaction notary. Cool stuff, deep thoughts produced in development. Worth checking out.

Pros
  • Atomic swaps will be one of the first concepts the masses will latch on to. Komodo Platform could be where those previously mentioned masses will cut their consumer teeth. I imagine it might look something like this: Q: I have some crypto, how can I use it to do things or buy things? A: By trading your fill in the blank token for someone elses fill in the blank coin, and the value of each is securely exchanged between parties. -Fin-
Cons
  • While the whitepaper does show a deep appreciation and mastery of blockchain tech and concepts, one of the theoretical upper limits ( 51% attack / Genesis block attack) gets a long look but ignores one of the most important factors; simple physics that makes all blockchain concepts attractive in that it is more or less impossible to 51% something, at least for very long, and even if one did, the remaining non-bad actors would simply continue as the majority of the next fork. The crowd moves to Brooklyn, makes it all bad. Brooklyn can pick up, walk 2 miles out to the atlantic, and keep on Netting without much hassle. That's what a 51% attack is up against. Being a lazy writer, it is difficult to find something to rail against, not because I lack the words, but because the product is a legitimate entry and shows a lot of promise.