1 Level
6 Review
14 Karma
Review on Maker by Nho Pham
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
- MKR is a cryptocurrency deployed on the Ethereum blockchain. MKR is more stable than most digital cryptos on the market because of how it’s valued (see Summary section). This currency may be the first “smart” cryptocurrency due to its goal of stabilization and growth. This project has a great potential.It can be sent and received by any Ethereum account, or any smart contract that is programmed to use the MKR transfer function. MKR’s value is attributed to the DAI bond, which is pegged to the US dollar, meaning that 1 DAI = US$1.
Cons
- I think the maker needs to build more community. The current user community is quite small.
