Privacy coins are quietly being relegated to the fringes of the Blockchain space.
Komodo News
![Komodo News](https://s3.cointelegraph.com/storage/uploads/view/a2cbd6cd7eabd5d429b4873ac485a9e9.png)
Komodo (KMD) is a cryptocurrency project aiming to provide more anonymity and security than first-generation cryptocurrencies like Bitcoin.
The Komodo Platform relies on a technology called Zero Knowledge Proof. ZKP is a method that allows a prover to verify the fact of having some information without revealing anything more than the fact that he does has it. This technology allows KMD transactions to be 100% private. To improve security, Komodo uses a Delayed-Proof-of-Work consensus protocol which is similar to the standard Proof-of-Work but adds a notarization mechanism that ensures the integrity of a new block.
Komodo has also established such services as BarterDex (a decentralized exchange) and a cryptocurrency anonymizer called Jumbrl. With all these features, Komodo has become more of an ecosystem and a development platform than just a cryptocurrency with private transactions.
- News10350
- News
Security for mobile decentralized exchange usage depends on several factors.
3049 - News
US government decides to foster 5G and IoT technologies over defense lobby’s objections.
2852 - News
Little-known multi-chain architecture project, Komodo (KMD), saw 102% growth against the dollar over the past month, after plunging 75% one month previous.
13284 - News
Komodo developers claim that it has created an implementation of its AtomicDEX that runs a full P2P node in the user’s web browser.
4511 - News
Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability.
7088 - News
A vulnerability that could have permitted an attacker to coin infinite ZEC has been patched and disclosed by the company behind the coin.
6805 - Sponsored
E-banking platform Monaize set to conduct the world’s first decentralized ICO on Nov. 10 in partnership with Komodo Platform.
14036 - Press Release
Decentralized trading, anonymity, and pegged assets is something we all want. Today they are working and waiting for the launch of Komodo.
866 - Press Release
Concerns regarding the pseudonymous nature of Bitcoin and the techniques that can be used to identify users via Blockchain analysis has led to the creation of a new cryptocurrency: Komodo.
849