Bitcoin bull run could end if institutions go under, Komodo exec speculates
The likelihood of such a scenario is tenuous but not impossible. Famous for its volatility, Bitcoin’s price constantly waffles both north and south. While it recovered quickly from its pandemic-induced drop in March 2020, going on to break record highs, that doesn't mean the asset is bulletproof against a similar event in the future. The director of business development for smart chain platform Komodo, Jason Brown, recently weighed in on what could possibly cause another COVID-19-style price decline for Bitcoin (BTC).“I think such a scenario is unlikely given the current uptrend in....
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Blockchain technology has brought us unparalleled tools that allow us to achieve some degree of financial freedom. However, several aspects of cryptocurrency force us to pick and choose which features we value the most: efficiency, privacy, stability, speed, etc. However, it does not have to be like this. The Komodo Platform has put tools in place that can help cryptocurrencies achieve mass adoption and consumer satisfaction by allowing users to benefit from all the advantages that they provide without the need to sacrifice what they like best about national currencies. Privacy and....
ZCash-based Komodo (KMD) recently started its public ICO to raise funds for development, and ended up bringing in more than 1000 bitcoin on the crowdsale’s first day. At press time, that funding amount is worth around $648,220 USD. One contributing factor to this large initial success was that the team offered investors a 25 percent bonus for buying into the project on the first day of the ICO. According to a press release, the project’s developers will use funds from the ICO to continue work on the cryptocurrency, the main selling point of which is its ability to send anonymous....
By using the features provided by Komodo platform, other cryptocurrencies can easily improve their adoption while ensuring customer satisfaction. As repeated many times in the past, not all cryptocurrencies are made equal. But Komodo, the ZCash based platform is going to change that. Following its “Blockchain for Everyone” mission, the platform now enables other cryptocurrencies to make use of its infrastructure for additional security and reliability. By using the features provided by Komodo platform, other cryptocurrencies can easily improve their adoption while ensuring customer....
Komodo Platform is a unique cryptocurrency ecosystem built on ZCash fork. ZCash, aka ZeroCash, is a cryptocurrency built on Bitcoin Core code base. We cannot ignore the fact that there are over 500 different alternative cryptocurrencies in the market today. But it would difficult to predict that which among them could actually leave a good impression in the coming future. Nevertheless, there are still many that are showing promises due to their insightful and practical roadmaps; the Komodo platform is one among them. Komodo Platform is a unique cryptocurrency ecosystem built on ZCash fork.....
Komodo (KMD), an anonymous cryptocurrency based on ZCash, launched a public ICO on October 15 that will last until November 20, 2016. Komodo: Full Anonymity Through Zero Knowledge Proofs. Supporting zero knowledge proofs and secured by the Bitcoin hash rate, Komodo claims to be fully anonymous with Bitcoin-level blockchain security. Operating on the delayed Proof of Work consensus model, the currency uses what developers call “custom transactions,” which are broadcast by Komodo’s “notary nodes.” Developers say that these notary nodes can be used by other currencies to secure their own....