Komodo PlatformPrivacy Coin Meet Smart Contracts

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Komodo PlatformPrivacy Coin Meet Smart Contracts

35 kōrero

  1. it also effectively operates as a decentralized exchange, kahore? like atomic swaps for all coins?

  2. Ae, but the atomic swaps are only compatible with bitcoin core based coins, to my understanding

  3. komodo definitely on my list of coins to research when my Walton rocket is close to landing. but for time being, I’m chillin on my waltons

  4. @The Crypto Lark: Yes but just for the beginning, any other coin can be included as long as its dev collaborate and code some changes

  5. there’s a kitty omg where’d that come fromlmao lark u rok. good project invested

  6. Glad to see people finally figuring Komodo out.
    The back-end tech is among the most powerful of blockchain projects on the market.
    The front-end (the part that we common users actually use) is starting to catch up, now that the back-end is working.
    It’s a great project, with a great cause (the Right to Barter in Private). Thanks for giving it some attention!

  7. Komodo is not switching to proof of stake. It has a 5% a year reward mechanism for spending a valid utxo. Consensus wise it’s proof of work

  8. 7:22 : I think the dPoW consensus mechanism deserves a bit more explanation than just mentioning it’s mineable, I find it to be a brilliant feature.

    I believe it to be a great innovation and strength of the Komodo Platform. And it’s actually easier to explain than you make it sound aha ;). You have two layers of Proof-of-Work, your regular run of the mill one, and then the so-calleddelayedone.

    What it does is record (ranei “notarize”) the current state of the Komodo blockchain into the Bitcoin blockchain. This second layer is achieved by what are called Notary Nodes, which are a special kind of community-elected nodes.

    The consequence is that, as long as you’re willing to wait for your transaction to be Notarized, it will be as secure as the Bitcoin blockchain. Pretty neat for a $200M marketcap coin.

    If I may here’s my take on a Komodo investment: https://medium.com/@sylvainartplayribes/komodo-investment-thesis-55cf57c8a85 , where I highlight and explain which features in particular I feel are noteworthy.

    Cheers!

  9. Great comment! Thanks for taking the time to educate us all. You make it sound very simple 🙂 Pinned this one

  10. Komodo is definitely underrated and will surprise a lot of people next year, along with Lisk who I think will be the go to platform with Ethereum, Komodo will be up there too, both Lisk & Komodo will surpass Neo, Lisk/Komodo have the teams to compete with Ethereum, even though I wouldn’t call them competition, we need multiple platforms. 🙂 If you’re not in these, get in early, do your own research of course.

  11. ArtPlay Crypto Wouah même ici je te retrouve haha ! Et même ici t’apprends des choses aux gens ! Have a good day bro !

  12. Zew Kee yeah I’m holding some WTC. Was 20 bucks before the correction. Sold my modum to buy more at 13 bucks early this morning. They got big news coming soon

  13. Komodo has already has a competiter in the form of safecoin which is trying to achieve more the komodo

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