Komodo (KMD)

The Komodo platform focuses on providing complete end-to-end blockchain solutions for developers of any level and any industry. It intends to be a simple interface, offering customized blockchain solutions that are easy to deploy, and configurable to meet the needs of various end users. The platform also offers optional privacy protection through the integration of Zero-Knowledge Proofs. The Komodo coin is an infrastructure coin which is required to power many features on the platform. Komodo will be used as a gateway coin to other tokens within Komodo's decentralized exchange.



Mining/Staking

Komodo features a DPoW (delayed proof-of-work) consensus algorithm, which provides a security layer that creates backups of your blockchain's data and notarizes it to Bitcoin's blockchain. The platform also offers optional privacy protection through the integration of Zero-Knowledge Proofs.

Development Team

We have no information about Komodo's development team.

Criticisms, Caveats, and Competitors

The ability to create simple push-button blockchains is an ambitious goal. Currently, Komodo's biggest competitor is probably Ark, with Lisk as a runner-up.

Additional Resources

The project's main website: https://komodoplatform.com

Link to Wikipedia Page: N/A

Link to Reddit Community: https://www.reddit.com/r/komodoplatform

Link to Twitter account: https://twitter.com/komodoplatform

Link to Team information: N/A

Link to data on Live Coin Watch: https://www.livecoinwatch.com/coins/KMD

Whitepaper: https://supernet.org/en/technology/whitepapers