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Nepal
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453 Review
106 Karma

Review on Komodo by Syed Adnan

Revainrating 5 out of 5

Decentralization and anonymous transactions.

It is an open source based platform that enables transparent, anonymous, private and funnel transactions. With transparency and a free open source-based approach, it can earn more investors who can take the currency to new heights.



Pros
  • Due to DPoW technology, the level of protection is equivalent to Bitcoin.
  • All transactions with other cryptocurrencies remain anonymous to users with zero knowledge proof systems.
  • External transaction modules cause block time for certain use cases, such as gaming, to be faster than its peers.
  • The amount of private transaction is not seen by the sender or recipient but it is verified by the mine. Transparent transactions work just like Bitcoin transactions.
Cons
  • No disadvantages right now. It has multiple standout features making it unique from most other cryptocurrencies.