THELOGICALINDIAN - Blockchain technology has brought us unparalleled accoutrement that acquiesce us to accomplish some amount of banking abandon However several aspects of cryptocurrency force us to aces and accept which appearance we amount the best ability aloofness adherence acceleration etc However it does not accept to be like this The Komodo Platform has put accoutrement in abode that can advice cryptocurrencies accomplish accumulation acceptance and customer achievement by acceptance users to account from all the advantages that they accommodate after the charge to cede what they like best about civic currencies
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Privacy and Security With Komodo
The Komodo Platform is fueled by Komodo coins, a cryptographic badge that allows users to assure their character with aught ability proofs, a technology aboriginal developed by the Zcash project. To assure aloofness and ensure that no double-spending or hacks booty abode on the Komodo blockchain, a notarization action accepted as Delayed Proof of Work has been created. This apparatus relies on appropriate nodes that broadcast the history of the Komodo blockchain on Bitcoin’s in adjustment to notarize it. Once these two important accoutrement are in abode (Privacy and Security), appropriate appearance that were not accessible afore can be implemented.
Many merchants and alike boilerplate users break abroad from Bitcoin and Cryptocurrencies in accepted due to their airy nature. No one wants to advertise a artefact to see his assets swept abroad by a amount blast that is absolutely unpredictable. As so, the aggregation abaft Komodo has created a set of assets that abide in 32 authorization currencies. These amount abiding assets are adequate by the aforementioned aloofness and aegis standards that Komodo bill are, accordingly anyone can alteration civic currencies anonymously on the blockchain. Furthermore, a absolutely decentralized barter for these civic currencies has additionally been put in abode aural the Komodo wallet, accepted as Iguana.
Iguana is a multi-wallet that allows users to send, accept and barter Komodo and added cryptocurrencies like Zcash. Within this wallet, users accept admission to all basal functions, including clandestine and cellophane transactions, and additionally added accoutrement that accept been ahead developed by the SuperNET team. These accommodate the above PAX (Pegged Asset Exchange) that allows decentralized trading of civic currencies and the EasyDEX exchange, which allows decentralized trading of abounding cryptocurrencies after resorting to proxy tokens.
Bitcoin Cooperation
It’s additionally important to agenda that Komodo does not accept in antagonism aural the cryptosphere and believes instead in a decentralized arrangement of cryptocurrencies, area anniversary can accept its specific action and purpose. Komodo places Bitcoin at the centermost of its arrangement by authoritative it a notarization apparatus through delayed Proof of Work. This aforementioned apparatus can be acclimated by added cryptos to ensure their security, giving them and Komodo a absolute allurement to accord to Bitcoin’s prosperity. The Iguana multi-wallet can additionally be acclimated for cryptocurrencies after a clear user interface wallet, and the decentralized exchanges can annihilate the counterparty accident that all cryptocurrency users abhorrence (No added accepting “Goxed”).
To participate in Komodo, users can abundance it with their computational assets or access a pre-issued bulk of bill in barter for Bitcoin during the advancing Initial Coin Offering. To apprentice added visit: https://komodoplatform.com
Image address of Komodo.
This is a bedfellow column from Bitcoin PR Buzz.
