for innovators to develop their own independent blockchain. Enable interconnectivity between isolated blockchains throug
Komodo Platform Overview w w w.komod op latform.com
Goldenman Korean Ambassador
KOMODO basic information
• Category : Privacy, Platform • ICO Date : 2016년 9-10월 • • • • • • •
Total supply : 200,000,000 KMD Current supplied : 104,059,342 KMD (52%) Mining, KMD reward (~5% annually) Exchanges : BarterDEX, Upbit, Binance, Bittrex, cryptopia, coinexchange, etc Block time : 1 min Mining Algorithm : Equihash Consensus Algorithm : dPoW
• Web : https://komodoplatform.com • Github : https://github.com/komodoplatform
Komodo’s Technology Focus Areas Privacy Coins
Platforms
Privacy Coin
Blockchain Platform
Decentralized Exchanges Decentralized Exchange
Current Blockchain Challenges/Limitations
Open
Privacy
Secure
Scalable
Interoperable
Vulnerable
Unscalable
Proprietary
Blockchains are not immune to malicious attacks.
Scalability is on of the largest challenges facing blockchains, and a critical inhibitor to mass adoption
Blockchains are currently siloed islands that can’t freely and directly communicate with each other
VS Closed
Exposed
Locked in to the control of the parent chain and suffer from their limitations
Blockchains are inherently transparent by design. This exposes your data, transactions, etc.
Three Key Attributes for a Blockchain Platform Decentralization
Security
Scalability
Mapping out our Development Journey
Privacy Coin Origins
Platform Evolution
Ecosystem Vision
Build a solid foundation anchored around freedom, security, and privacy.
Provide a secure technology framework for innovators to develop their own independent blockchain
Enable interconnectivity between isolated blockchains through atomic swap DEX technology
Starting from a Strong Privacy Foundation Privacy Coin Origins
Platform Evolution
Ecosystem Vision
Komodo forked from Zcash to give us zero-knowledge privacy technology.
Zcash is a decentralized and open-source cryptocurrency that provides strong privacy protections. If Bitcoin is like http for money, Zcash is https—a secure transport layer
Eliminate Risk Through Secure Automated Backups (dPoW) Privacy Coin Origins
Platform Evolution
Ecosystem Vision
Komodo developed the Delayed Proof of Work (dPoW) consensus mechasnism which enables automated “backups” of all Komodo transactions to the PoW blockchain of our choice.
Today we backup to Bitcoin as it is currently the strongest PoW blockchain with the highest hash rate. This can be changed to another blockchain if Bitcoin was no longer the strongest.
Eliminate Risk Through Automated Backups to Bitcoin (dPoW) Privacy Coin Origins
Platform Evolution
Ecosystem Vision
In the event of a devastating attack on Komodo
A single backup copy of Komodo can be retrieved from Bitcoin’s blockchain for full recovery.
Build Your Own Independent Blockchain in Minutes Privacy Coin Origins
Platform Evolution
Ecosystem Vision
Asset Chains are fully independent blockchains. They are not impacted by any other chain in the Komodo ecosystem and they receive all of our technology updates.
You can build on our platform by creating an Asset Chain, which is a clone copy of Komodo’s main chain.
We wanted to enable developers and businesses to build on our modular platform framework, without having to create or code their own blockchain
All the Benefits with None of the Risk Privacy Coin Origins
Platform Evolution
Fully Independent Blockchain
2 Megabyte Block Size
1 Minute Block Time
Ecosystem Vision
POW Equihash Algorithm
zKsnarks Enabled
On Demand Blocks
Asset Chains have our automated backup security feature built in, extending bitcoin level security to anyone building on our platform.
Scale on Demand
Building Out the Reach of Our Ecosystem with BarterDEX Privacy Coin Origins
Platform Evolution
Ecosystem Vision
Powered by Atomic Swaps
Bitcoin Based Protocol Coins
Ethereum & ERC 20 Tokens
BarterDEX enables atomic swaps between 95% of all coins/tokens in existence
BarterDEX is in Live Open Beta Testing Privacy Coin Origins
Platform Evolution
Ecosystem Vision
+100K atomic swaps Powered by Atomic Swaps, Developed By
95%
Of all Coins Supported Coin integration is on going, many more on the way!
The Industry Leader in Atomic Swap based DEX Technology
Technologies in KOMODO BarterDEX, HyperDEX powered by Atomic Swap
Technologies in KOMODO dICO (decentralized Init Coin Offering)
Atomic Swap
Technologies in KOMODO Agama – multi coin wallet
Technologies in KOMODO JUMBLR – anonymizer powered by z-transaction (zk-snarks)
Key Enhancements in Komodo 2.0
Inter-Chain Linking
Cross-Chain Smart Contracts
Blockchain Bridging
Link multiple blockchains to scale Through the use of Merle proofs we can Enable interconnectivity between on demand and act as a single sync blockchains within the Komodo isolated blockchains through logical chain ecosystem in addition to outside atomic swap DEX technology blockchains. This will enable blockchain agnostic smart contract enforcement.
Introducing Komodo 2.0 Nested Merkle Proofs and Oracles (Notary Nodes) for Multi-Chain Syncing
1 - All Independent blockchains send
their merkle proofs to our notary nodes (oracles) for backup to Bitcoin’s blockchain
2 - Merkle proofs of each chain are
collected and combined into a single master merkle proof
3 - This new master merkle proof of the
entire Komodo Ecosystem is sent back to each chain for syncing
Each individual chain is now synced to the Entire Ecosystem
Introducing Komodo 2.0 Synced Chains Enable Inter-chain linking, allowing you to scale on demand If you ever need to scale your independent blockchain, you can simply add another chain and link those to be recognized as one single chain cluster group
Introducing Komodo 2.0 Synced Chains Enable Cross-chain Smart Contracts Smart contracts can now be enforced across different blockchains within the Komodo ecosystem Bridge chains can also be created to enable the Komodo ecosystem to communicate with other blockchains
This will enable communication and smart contracts to be interoperable across different platforms and blockchains
With Komodo
You Can Build Your Own Blockchain. Pick the technology modules you want. Always get the latest updates from Komodo. Stay Independent while being secured to Bitcoin
Platform. Scale Up and Out via Clustering Interlink Blockchains Enable Cross-chain Communications
Ecosystem. Create Cluster Groups Cross-chain Smart Contracts Cross-ecosystem Communications
Komodo Technology Development Status
Core Komodo
Atomic Swap DEX Technology
Decentralized Crowdfunding
Blockchain Scaling & Interop
100%
90%
90%
70%
Blockchain Technology
READY
New UX/UI
dICO Platform
Exiting RC
KMD 2.0
Under Testing
Live Testing and Presentation To be announced soon https://twitter.com/KomodoPlatform https://komodoplatform.com
Roadmap vs Reality
Thank You! 감사합니다!
