Komodo

Cryptocurrency with delayed proof of work consensus mechanism

Overview

Symbol KMD
Crowdsale opening date

15. Oct 2016

4 months ago

Crowdsale closing date

14. Nov 2016

3 months ago

Status  ICO running
Concept

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.

Articles and research

Komodo analysis by TokenMarket

by Gavin Knight

KOMODO: Zero Knowledge Privacy Secured by Bitcoin

by coremedia.info

Team

Members

James L (jl777)

Country of origin

Technology

Blockchain delayed proof of work (What is blockchain?)
Codebase Zcash fork (What is codebase?)

Github

No information available.

What is Github?View full analytics

Financial model

Structure
Initial offering raised
Total distribution Unknown
Inflation Max 5% inflation
Mining