Privacy coins are quietly being relegated to the fringes of the Blockchain space.
Komodo (KMD) is a cryptocurrency project aiming to provide more anonymity and security than first-generation cryptocurrencies like Bitcoin.
The Komodo Platform relies on a technology called Zero Knowledge Proof. ZKP is a method that allows a prover to verify the fact of having some information without revealing anything more than the fact that he does has it. This technology allows KMD transactions to be 100% private. To improve security, Komodo uses a Delayed-Proof-of-Work consensus protocol which is similar to the standard Proof-of-Work but adds a notarization mechanism that ensures the integrity of a new block.
Komodo has also established such services as BarterDex (a decentralized exchange) and a cryptocurrency anonymizer called Jumbrl. With all these features, Komodo has become more of an ecosystem and a development platform than just a cryptocurrency with private transactions.
Security for mobile decentralized exchange usage depends on several factors.3022
US government decides to foster 5G and IoT technologies over defense lobby’s objections.2815
Little-known multi-chain architecture project, Komodo (KMD), saw 102% growth against the dollar over the past month, after plunging 75% one month previous.13201
Komodo developers claim that it has created an implementation of its AtomicDEX that runs a full P2P node in the user’s web browser.4473
Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability.7045
A vulnerability that could have permitted an attacker to coin infinite ZEC has been patched and disclosed by the company behind the coin.6769
E-banking platform Monaize set to conduct the world’s first decentralized ICO on Nov. 10 in partnership with Komodo Platform.14012
Decentralized trading, anonymity, and pegged assets is something we all want. Today they are working and waiting for the launch of Komodo.851
Concerns regarding the pseudonymous nature of Bitcoin and the techniques that can be used to identify users via Blockchain analysis has led to the creation of a new cryptocurrency: Komodo.837