$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.
As illustrated by the above chart, Bitcoin Cash (BCH)'s hashrate has been consistently higher than the hashrate of Bitcoin SV since mid-December 2018. However, this finding mostly relates to the evolution in BCH and BSV prices. Indeed, the price of Bitcoin Cash remained higher than BSV over this study period. Monero Average hashrate (hash/s) per day Chart. Transactions Block Size Sent from addresses Difficulty Hashrate Price in USD Mining Profitability Sent in USD Avg. Transaction Fee Median Transaction Fee Block Time Market Capitalization Avg. Transaction Value Median Transaction Value Tweets GTrends Active Addresses Top100ToTotal Fee in Reward Get GPU Coin (GPU) price, charts, volume, market cap, exchange list and more. 🔥 Out Now 🔥 We've just published the CoinGecko Q3 2020 Crypto Report ! Yield farming, the NFT trend and so much more 🔎 Mining hashrate is a key security metric. The more hashing (computing) power in the network, the greater its security and its overall resistance to attack. Although Bitcoin’s exact hashing power is unknown, it is possible to estimate it from the number of blocks being mined and the current block difficulty. Bitcoin Hashrate Follows Price “Hashrate follows price” is the usual narrative among miners, since Bitcoin prices determine mining profitability. Miners switch their machines off when prices drop and turn them on when prices are rising. However, the recent surge in hashrate to an ATH of 150 EH/s happened while BTC plummeted 24%. This behavior suggests that miners are confident in further ... 🎉 Our October 2020 Monthly Cryptocurrency Report is here🎉 The rise of Bitcoin, ... Binance Flexible Savings is your Crypto savings account. Subscribe your crypto to earn interest, with the flexibility to redeem your funds at any time. Terms & restrictions apply. Sponsored. Market Cap. Rank #1843 Website. cpuchain.org medium.com. Explorers. explorer.cpuchain.org explorer2.cpuchain.org ... GPU and CPU Benchmarks for Monero Mining. RANDOMX BENCHMARKS FOR MONERO MINING! Monero Price: 109.33 $, 90.51 €, BTC-XMR: 0.007426 - Time: 2020-Nov-07 14:56 America/New_York Looking for Cryptonight Benchmarks?: cryptonight.monerobenchmarks.info Windows 10 tuning guide for RandomX mining: REDDIT POST Most popular hardware on this: LIST. Home; Menu. HOW-TO Start Mining Monero; Mining ... Bitcoin Core Hashrate Climbs to 48 Exahash Per Second . As far as the Bitcoin Core network hashpower is concerned a lot has changed since 2017’s first week of August. During the second week of ... Bitcoin Gold Average hashrate (hash/s) per day Chart. en. en; ru; pl; de; zh; BitInfoCharts ... Bitcoin Gold Hashrate historical chart Average hashrate (hash/s) per day 924.091 Khash/s +29.44% in 24 hours. Share: btc eth ltc bch xrp bsv zec xmr etc dash doge btg vtc rdd blk ftc nvc nmc. Scale: linear log. Latest Prices: BTG/USD: 7.37876 (hitbtc) BTG/BTC: 0.0004952 (hitbtc) BTG/BTC: 0 ... Bitcoin Cash Average hashrate (hash/s) per day Chart. en. en; ru; pl; de; zh; BitInfoCharts ... Bitcoin Cash Hashrate historical chart Average hashrate (hash/s) per day 1.704 Ehash/s -10.56% in 24 hours. Share: btc eth ltc bch xrp bsv xmr zec etc dash doge btg vtc rdd blk ftc nmc nvc. Scale: linear log. Latest Prices: BCH/USD: 269.944 (hitbtc) BCH/BTC: 0.017417 (binance) BCH/BTC: 0 ...
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