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Kolkata, India.
1 Level
261 Review
18 Karma

Review on Komodo by Amit Singh

Revainrating 5 out of 5

Is it worth an investment?

It is a broad and eager huge scope venture that means to comprehend numerous issues that centralization of digital currencies and blockchains face.
Notwithstanding being its own blockchain and coin, it is likewise handling the decentralized exchange, atomic swap, and decentralized ICO space. It incorporates choices for obscurity and has an exceptional confirmation of work consensus algorithm that guarantees improved security, in any event, for new blockchains based off Komodo.
In the event that the group keeps on conveying it could make a drawn out enduring effect on the digital money space, however it is too soon to tell if this will be the situation.
So Is it worth an investment? YES!
Regardless, it is positively a project worth viewing.

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Pros
  • All blockchains dispatched on the platform can utilize authorization to appreciate Bitcoin-level security.
  • Any digital currency on the stage can experience a Zero-Knowledge Proof, with complete security highlights.
  • Quicker and safer option to the customary blockchain.
  • It utilizes lightning network innovation for quick and secure transactions.
Cons
  • It is in a category and in competition with top crypto like ETH.