Komodo to Participate in Bitcoin MENA Conference in Abu-Dhabi on December 9th
Komodo will participate in the Bitcoin MENA Conference in Abu-Dhabi, taking place on December 9th-10th.
Refer to the official tweet by KMD:
🦎 Komodo@KomodoPlatformNov 21, 2024Join Komodo at Bitcoin MENA in Abu-Dhabi! 🌟
We're thrilled to meet you at @bitcoinmenaconf, happening December 9-10, 2024!
To celebrate, we're offering an exclusive opportunity for crypto enthusiasts to join us - for FREE! 🎟ï¸
1/6 🧵👇 pic.twitter.com/WURMEd3cCh
KMD Info
Komodo (KMD) is an open platform for cryptocurrencies that offers a comprehensive set of tools for blockchain development.
Komodo offers the following features:
Decentralized Exchange: Komodo's AtomicDEX provides a secure means of exchanging cryptocurrencies without the need for a centralized exchange.
Anonymity: Komodo utilizes zk-SNARK technology to ensure transaction anonymity and confidentiality.
Security: Komodo employs a mechanism called "Delayed Proof of Work" (dPoW) as its consensus algorithm. This means that data from the Komodo blockchain is regularly recorded on the Bitcoin blockchain for an additional layer of security.
Smart Contracts: The Komodo platform supports the creation and execution of smart contracts.
Sharding: Komodo utilizes sharding technology to ensure scalability of its network.
At the core of the Komodo (KMD) coin is an active use mechanism. KMD holders can earn up to 5% annual interest for holding the coin in their wallets.