Komodo Platform Overview

Transcription

1 Komodo Platform Overview w w w. k o m o d o p l a t f o r m. c o m Goldenman Korean Ambassador

2 KOMODO basic information Category : Privacy, Platform ICO Date : 2016 년 9-10 월 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 : Github :

3 Komodo s Technology Focus Areas Privacy Coins Platforms Decentralized Exchanges Privacy Coin Blockchain Platform Decentralized Exchange

4 Current Blockchain Challenges/Limitations Open Privacy Secure Scalable Interoperable VS Closed Exposed Vulnerable Unscalable Proprietary 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. 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

5 Three Key Attributes for a Blockchain Platform Decentralization Security Scalability

6 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

7 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

8 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.

9 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.

10 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

11 All the Benefits with None of the Risk Privacy Coin Origins Platform Evolution Ecosystem Vision Fully Independent Blockchain 2 Megabyte Block Size 1 Minute Block Time POW Equihash Algorithm zksnarks Enabled On Demand Blocks Scale on Demand Asset Chains have our automated backup security feature built in, extending bitcoin level security to anyone building on our platform.

12 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

13 BarterDEX is in Live Open Beta Testing Privacy Coin Origins Platform Evolution Ecosystem Vision Powered by Atomic Swaps, Developed By +100K atomic swaps The Industry Leader in Atomic Swap based DEX Technology 95% Of all Coins Supported Coin integration is on going, many more on the way!

14 Technologies in KOMODO BarterDEX, HyperDEX powered by Atomic Swap

15 Technologies in KOMODO dico (decentralized Init Coin Offering) Atomic Swap

16 Technologies in KOMODO Agama multi coin wallet

17 Technologies in KOMODO JUMBLR anonymizer powered by z-transaction (zk-snarks)

18 Key Enhancements in Komodo 2.0 Inter-Chain Linking Cross-Chain Smart Contracts Blockchain Bridging Link multiple blockchains to scale on demand and act as a single logical chain Through the use of Merle proofs we can sync blockchains within the Komodo ecosystem in addition to outside blockchains. This will enable blockchain agnostic smart contract enforcement. Enable interconnectivity between isolated blockchains through atomic swap DEX technology

19 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

20 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

21 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

22 With Komodo You Can Build Your Own Blockchain. Platform. Ecosystem. Pick the technology modules you want. Always get the latest updates from Komodo. Stay Independent while being secured to Bitcoin Scale Up and Out via Clustering Interlink Blockchains Enable Cross-chain Communications Create Cluster Groups Cross-chain Smart Contracts Cross-ecosystem Communications

23 Komodo Technology Development Status Core Komodo Blockchain Technology Atomic Swap DEX Technology dico Platform Decentralized Crowdfunding KMD 2.0 Blockchain Scaling & Interop 100% READY 90% New UX/UI 90% Exiting RC 70% Under Testing

24 Live Testing and Presentation To be announced soon

25 Roadmap vs Reality

26 Thank You! 감사합니다!