$KMD can often be used to buy into decentralized ICOs launched on our platform at a discounted price.
KMD can also be traded with absolute privacy using Komodo’s Jumblr tool
What is a privacy coin? Privacy coins implement various protocols to create a layer of privacy between blockchain transactions. This can be utilized to prevent blockchain traceability or provide different levels of privacy for data stored on the blockchain.
What is Jumblr? A decentralized cryptocurrency shuffler that allows your transactions to become incognito and protects them from being traced through a time or knapsack attack. It adds a privacy layer to your transactions because after your coins are Jumbled, an analysis of the amounts that went in or times that they came out is futile. This function is unique to Komodo and does not require third parties.
2. Security: a secure and robust consensus mechanism called delayed Proof of Work (dPoW) that protects your funds and our ecosystem. This unique technology uses a notarization process to create a backup of the entire Komodo blockchain onto the Bitcoin blockchain thereby increasing security and resilience. This happens roughly every ten minutes. The backups are then saved (notarized) onto the Bitcoin blockchain because it has the highest hashrate available. So even if Komodo suffered a devastating attack (which is extremely unlikely), the Komodo blockchain would merely revert to the most recently notarized copy of the chain. If Bitcoin loses superiority in terms of hashrate the dPOW mechanism can be switched to another blockchain on demand. Hence, Komodo is the most flexible platform to build on and one of the most secure.
What is hashrate? A proof of work blockchain needs a lot of calculations. Hashrate is the way it is measured. The amount of data hashed in a given time by a machine. It is a unit used to define the amount of calculations made by a machine. When you add all the machines together you have the hashrate for that blockchain (here’s a great chart that illustrates it). It's like a river of transactions and the broader and wider it is, the harder it is to manipulate it.
3. Freedom from middlemen: a decentralized exchange (DEX) called BarterDEX, with a fully working order book, powered by our world-class atomic swap technology. This reduces risk and transaction fees. Komodo’s atomic swaps work between Bitcoin protocol and ERC20 tokens which means we can support over 95% of all the tokens and coins in existence. Our decentralized exchange offers ‘liquidity power-ups’ which mean that you can place more than one buy order with the same funds (i.e. pick your top 5 coins and if any of them drop below 50% of their value you’ll buy it and cancel the other orders at the same time) which means your funds have a greater value! On top of all that, Komodo’s DEX has fast transaction speeds and super low transaction fees (0.15%). You can find live BarterDEX and Komodo Stats here: https://dexstats.info/index.php.
What are atomic swaps? Atomic swaps are a method of trading cryptocurrencies peer-to-peer, directly from one blockchain to another, without the need to trust a third-party. Here is a good article to read that will take you about 11 minutes ‘Atomic Swaps & Etomic Swaps, Explained in Plain English’ written by John Westbrook on Medium.
Why do YOU want an exchange to be decentralized? A centralized exchange is a third party and requires you to trust them with your funds. If they’re hacked you’re at risk of losing your funds. Centralized exchanges also require you to trade between pillars (i.e. BTC or USDT) which can involve higher transaction fees and a greater number of trades than necessary to swap the token you have for the one you want (i.e. DOGE sell to BTC to buy KMD is two trades when all you really want is DOGE to KMD).
4. Independence: decentralized ICO crowdfunding and scalability solutions for blockchain startups. You can think of a blockchain as a motorway and if you build a project on the same blockchain as other projects you will be impacted by how well the other drives behave, or by the motorway introducing tolls, or you could suffer from congestion (i.e. if you’re familiar with how crypto kitties caused ETH transaction fees to greatly increase and transaction speeds to slow down then you’ll understand multiple projects on one blockchain cause a scalability and independence problem ). Komodo offers parallel chains which mean a project or decentralized ICO is given its own chain which uses Komodo’s technology. This also solves the scalability issue because using the motorway analogy we can simply open more lanes for a project with a high amount of congestion. This is possible because of the dPOW notarisation. It allows projects to launch completely independent blockchains. Every independent blockchain created on Komodo Platform is automatically integrated into Komodo’s BarterDEX (DEX) which means they have instant access to liquidity for their token and their community can buy and trade immediately. If you compare this to a centralized exchange where projects are often met with a list of onerous demands and fees to be listed and risk being delisted then you’ll understand how important this is for any project especially smaller teams and decentralized apps (dAPPS).
5. Universal Wallet: the Agama Wallet is a universal secure, multi-coin wallet to store funds on and claim the 5% reward for your $KMD tokens. There is also a paper wallet available if you would prefer a cold storage option for those who want to maximize their security.
How to calculate Genesis Mining profit - Bitcoin Mining Profitability Calculator
If you're looking into starting cryptocurrency mining, you want to make sure that you're making a good profit on your main computer or GPU (graphics card)/CP... Video Highlights: Bitcoin Profit Loss Calculator App Binance New Feature Koinex Free Trading Option #Delta #Bitcoin #cryptotamil Use code "87516c" and get 3% off every purchase on Genesis Mining! https://www.genesis-mining.com/a/365515 Join Hasflare https://hashflare.io/r/AFAAE03D - How to calculate crypto trading profit and loss? - How to calculate bittrex trading profit-loss online? - How to calculate polonix trading profit-loss online? Online Crypto Trading Calculator ... Checkout my new video: https://www.youtube.com/watch?v=BKCCgB99Rto&t=265s #Bitcoin, #CryptoTrading, #Binance, ️Please like, SUBSCRIBE & Share the video ️ ⚡... Maximum daily profits proved using my crypto trade calculator Net Profit: $671.88 ROI: 38.98% Must watch video: https://www.youtube.com/watch?v=Xc9TwWJZoWM&l... Here is a easy to understand tutorial on a complete rundown on how The Binance works. Learn how to deposit funds, make trades, and everything else :) Sign up... Crypto Mining in 2019 has been steady which is good news for us miners. My small little mining farm has been bitcoin mining via profit switching software more so than usual. Yes, I still do ... HashFlare Cloud Mining : Free Profitability Calculator Crypto Gnome. Loading... Unsubscribe from Crypto Gnome? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 16.3K. Loading ... If you don't know how to calculate cryptocurrency trading profits in 2020, Altrady brings you this cryptocurrency for beginner's video to help you calculate your crypto profits. More info - https ...