Komodo is a platform forked from zCash. It incorporates the same zero-knowledge proof protocol, so transactions are anonymous and private.
Its unique consensus protocol is called delayed proof-of-stake. 64 masternodes, elected by voting, are responsible for notarizing (recording) Komodo's blocks into the Bitcoin's blockchain. With this, they offer the same security level of Bitcoin. Kmodo also offers a framework for creating independent blockchains with blocks notarized to it (and, thereforeShow more [+] o Bitcoin). Mining uses the equihash algorithm, so it's ASIC resistant.
Through their dICO platform, anyone can launch an ICO with total anonymity, with a blockchain within the Komodo ecosystem or not. Komodo also features the BarterDEX decentralized exchange, which uniquely supports trading between different pairs using atomic swaps for increased speed.
In Conversation with Kadan Stadelmann: Demystifying Komodo's Journey and the Future Landscape
Discover the intriguing journey of Kadan Stadelmann, CTO at Komodo, revealing secrets of Komodo's evolution and its vision for the future blockchain landscape.