Security and Privacy indeed are several traits of Komodo that are very much important in building decentralized apps and sidechains. In an event where kmd platform starts using kmd gas to fuel such apps and sidechains, well I will let the price speaks for itself so hodl.
well, actually almost all such features are implemented in different coins, so I can not say this is something completely unique
but, the rally Komodo started recently is fantastic without a doubt, I wonder will it hold there and continue to climb higher ... or... will fell donw like Ikar..
only time and market will tell
Security using dPoW and Privacy are not used almost all. In fact you can only count with your fingers the cryptos offering mixing and privacy so where did you read almost all have this features? Better read the whitepaper and not just riding the bandwagon of shills and trolls. Even more premium than Ethereum . So watch out in less than 3 years, it will be in place.
Actually true privacy and more important fungibility are yet to be proved in crypto. For me what is somehow worrysome is what was shown with the recent BTC-e scandal. BTC in no that private and Zcash as it´s on backdoor at the devs disposal to turn privacy on and off.. said by the Zcash devs themselfs.)
Let´s hope KMD can help solve this issues and establish as a true privacy coin.
There is no backdoor in zcash and devs cannot turn privacy on and off. Not sure where you get such misinformation
have no idea why you think that article from 2013 supports some dev controllable privacy switch. the user controls whether they utilize the privacy or not
For me is not that reassuring that the dev says he would be able to add this kind of feature to a coin. If it is not possible , great news. If it is possible it´s something no one wants to see in a privacy focussed coin. I´m not a tech guy. that´s why i like to see what people that are has t say. So thanx for jumping in this "discussion".
The zksnark tech that the zcash team developed was an improvement on the original zercoin method. You can be assured that if I knew of any backdoor in zcash, I would not have chosen its tech
if you are not technical, you will need to trust the judgements of those that are and hopefully a 4 year old article is not going to cause you much concerns
Great reply. People are always bringing up the 2013 article in regards to zero based coins, so its great to get a response like this from the dev.
If the strongest attack the zcash fudders can make is based on a 2013 speculative article about a future (from 2013) version of the predecessor to what zcash actually made...
well, it would be like using some old nostradamus quotes as supporting material for your thesis.
the 2013 article was a "what if" "could work this way" type of speculation on a yet to be completed zerocoin (by the zcash team by the way). also, you seem to be putting weight on what some commenters to the speculative article posted.
zcash then decided it needed to be improved drastically into the zksnark method for the ZEC release.
There is strong academically peer reviewed math that is implemented in zcash, the mixin factor grows with each transaction. As opposed to limited mixin of 3 to 10 for the best "competitive" algo.
I could have chosen any privacy tech to build on. In my technical judgement (however good that might be), I chose zcash
