Komodo has been on of those projects that I always speak highly of, but never buy it for some odd reason. It's so strange because KMD is such a solid project, yet I'm not knee deep in it. KMD is potentially one of the most secure blockchains besides bitcoin. This is because komodo uses delayed proof of work, which anchors its own blockchain onto that of bitcoins. This means that hackers would need to compromise BTC to compromise KMD. We all know this is economically impossible because it would require a sucessful 51% hack. No amount of money in the world could buy that much bitcoin.
Komodo blockchain is a revolutionary platform because it offers us a place to build our own blockchains based on their network. The idea of building an block chain that is secured by DPoW should sound appealing to many developers. The fact that a malicious actor would need to compromise the Bitcoin network to then attack the Komodo network is fascinating. There are so many projects ahead of it on CMC that are basically worthless. Why isn't KMD a top 10 coin?
I am not satisfied with the high bar that the ICO might be trying to achieve. Because the banal altcoins market is too weak to digest such money even with the help of Polonex. There is now acutely felt the outflow of capital in all forks after the collapse of DAO / ETC origin. And now the value of high-tech and innovation fades into the background.
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Bitcoin will inevitably supplant gold over the next 20 years and become the world's main asset to preserve wealth. He also noted that after extracting all bitcoins, commissions on the network will inevitably increase
KMD is the most integral currency in the Komodo ecosystem. With every new technology we build, we seek to tie its usefulness to KMD. Any Komodo wallet address that has at least 10KMD will be eligible to receive 5%/12 (0.417%) monthly reward by participating. Komodo is...