Review on Komodo by Pedro O. Alvino M.
Chain connection project
Komodo that started developing in 2014 but started as such in 2016 in which it consists of a blockchain platform aims to offer entrepreneurs the tools necessary to create a blockchain ecosystem.
This is why the KMD coin is a private cryptocurrency used in the Komodo ecosystem. In which this infrastructure currency is required to use many of the platform's features and can be used to make private digital payments.
Pros
- Open smart multi-chain platform.
- Each smart chain has its own network, consensus, and currency.
- Designed to help developers launch transparent coin offerings.
- The platform uses zero-knowledge tests to provide private or transparent transactions.
- Komodo has a built-in system that automatically rewards users for having KMD.
Cons
- The performance of the KMD coin is essential since it is the operation of the platform.
- Wide market providers, both projects and currency exchanges.
