Komodo is one of my top picks for 2018. It's only
about $4 right now and very undervalued imo.
about $4 right now and very undervalued imo.
Komodo is a fork of Zcash with a unique delayed proof of work consensus mechanism. The advantage of dPoW is that you get the high security of Bitcoin without needing the gargantuan hash rate. Besides just having a secure, energy-efficient blockchain, there is a lot more to this ambitious project.
Komodo is in the top 10 for most activity on Github, currently in #1 position.
BarterDEX will be rolling out soon! So far BarterDex has powered more than 50,000 atomic swaps and has more than 80 cryptocurrencies already integrated.
Decentralized Exchanges are the future for cryptocurrencies. The problem with current exchanges is that they use a voucher system. When you trade, you're not actually trading Bitcoin for Ethereum, you're trading a BTC voucher for an ETH voucher. Because crypto-world isn't highly regulated, exchanges don't always have enough crypto on the exchange if everybody was to pull their money out. They rely on liquidity pools. This is very dangerous and can lead to situations like what happened with Mt. Gox. Using Atomic Swap technology - Komodo is bringing us BarterDEX which is a brilliant decentralized exchange.
These developers have been working hard on their vision which
is a complete blockchain solution Focused on Freedom!
is a complete blockchain solution Focused on Freedom!
I highly recommend you read or skim-read their whitepaper to learn more about this amazing project. The Crypto landscape is constantly changing and most of my top picks for 2018-2020 are platforms. There is so much competition right now for dAPPS and "value-transfer only coins", its hard to predict which ones will come out on top. High-quality platforms like Komodo are much more stable and are more likely to go up in value imo. I don't think Ethereum will continue to dominate the ICO space for much longer. NEO and Stellar have already started to have ICO's on their platforms. When Komodo rolls BarterDEX its going to be a huge value-add for the crypto community! I resonate highly with their values of Freedom and Privacy, it's obvious from their whitepaper that this has been integrated into their entire strategy.