Komodo - Cryptocurrency with delayed proof of work consensu
Komodo will bring about the anonymity of Zcash along with the NXT style PoS security, the witness based consensus system inspired by Bitshares, and the security and reliability of the Proof of Work Bitcoin Blockchain, which is a tested and proven system kept by thousands of nodes. Komodo's the Delayed Proof of Work (dPoW) consensus method will make Bitcoin the center of all PoS/dPoW cryptocurrencies, allowing the energy that is used in bitcoin mining to be utilized to secure other cryptocurrencies, thus making Bitcoin more energy efficient, while making other cryptocurrencies safer. this will add value to the entire alternative cryptocurrency sphere and to bitcoin itself as it becomes a vital part of other currencies and platforms.
STO/ICO Status
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Basics
| Platform | N/A |
|---|---|
| Type | N/A |
| Accepting | BTC |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Komodo presents its decentralized ICO platform (dICO). This technology guarantees coin developers to launch a transparent coin offering while maintaining investors’ privacy through Komodo’s built-in privacy features. For the first time in crypto history it’s possible to issue and distribute native cryptocurrencies without a trusted third party.
So a dICO doesn’t differentiate itself from other ICOs by decentralization only, it also needs Komodo Platform’s Jumblr technology to guarantee complete privacy for all ICO parties. Furthermore, dICOs on Komodo Platform don’t require high fees as each asset chain is an independent blockchain secured by dPoW, enabling all dICO transaction fees to be paid with the dICO coin.
Komodo Platform’s strategic partner Monaize is going to be the first to use this revolutionary technology. Their ICO will be the first of its kind and will also put Komodo Platform in the spotlights.