Review on Komodo by Paul Sletten
https://komodoplatform.com/en Zero Knowledge proofs and delayed Proof of work…
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.
