1 Level
6 Review
25 Karma
Review on Maker by Con Ngon
It includes the zk-snark technology that Zcash was built upon, and adds a…
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.which itself was forked from the Bitcoin blockchain, making Komodo a descendent of Bitcoin.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.
Pros
- Maker brings a huge investment benefits along with it as it is stable as it creates Dai to minimize the risk,and Stability is a valuable aspect of a cryptocurrency .With a direct Risk Management role of the MKR token holders, the new coin is entirely risk controlled .I see MKR as a reliable investment even at the current quite high price.I think that stablecoins are a great step forward when moving into mass adoption of cryptocurrencies.
Cons
- I feel that the Maker is really good with the platform as a trading platform. But I'm really disappointed in the ability to market and reach out to the community.
