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Review on Maker by Fabrizio Zampieri

Revainrating 4 out of 5

he Komodo blockchain is a fork of the ZCash blockchain, which itself was…

he 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).