New coin | KMD is launched in the F2Pool Innovation Zone

New coin | KMD is launched in the F2Pool Innovation Zone

The Komodo Platform is focused on providing a complete end-to-end blockchain solution for developers at any level and in any industry.

Official website: https://komodoplatform.com/

Block Explorer:

Total: 200 million

Consensus: DPoW (Delayed PoW)

Algorithm: Equihash

Block time: 60s

Block Reward: 3 KMD

Features:

1. Security

Komodo combines the security of Bitcoin with the anonymity of ZCash. It uses zero-knowledge proofs to provide 100% anonymous transactions, secured by Bitcoin's computing power. Komodo's innovative DPoW (Delayed Proof of Work) provides a security layer that creates a backup of your blockchain data and notarizes it to the Bitcoin blockchain, providing 51% attack protection.

2. Scalability

Komodo's federated multi-chain architecture allows each project to scale without limits. It provides independent infrastructure and dedicated blockchains for each external project, and each project has the opportunity to create its own blockchain ecosystem through Komodo's infinitely scalable infrastructure. It solves the problem that the single shared blockchain model forces all projects to share the same infrastructure, leading to congestion, increased transaction fees, and suffocated growth.

3. Interoperability

All blockchains in the Komodo ecosystem support atomic swaps and cross-chain smart contracts. Komodo technology enables seamless cross-chain interoperability between all federated blockchains. Every blockchain built with Komodo also connects to 95% of the chains outside the federation through atomic swap technology. In addition, with Komodo’s architecture, multiple blockchains can be synchronized and run as a single chain. If one chain does not meet performance needs, additional chains can be added to form a blockchain cluster. Blockchain clusters can linearly improve performance without inflating the coin supply or devaluing the currency.

4. Flexibility

Komodo's technology is completely modular, and developers and partners are free to choose the Komodo technology they want. The team will also follow the development of the blockchain and continuously update the entire ecosystem.

<<:  Science 04 | The Origin of Bitcoin: Mining

>>:  KMD (Komodo) Mining Tutorial

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