Home CryptoCurrency News 6 projects using Komodo technology

6 projects using Komodo technology [KMD]

Komodo goes far beyond than being a project attached to a cryptocurrency. The Komodo community and developers are really involved and working hard so that the Komodo network grows day by day, their adoption cases increase and to create limitless end-to-end blockchain solutions.

In this article we will talk about some projects that use Komodo technology, which have been created by the community and the developers of the platform. But first we will give a brief explanation about the technology that surrounds this ecosystem.

Komodo [KMD]

Komodo is an ecosystem that is based on 4 fundamental pillars: security, scalability, interoperability and adaptability. This project is redefining the blockchain platforms through a federated multiple chain architecture. Its dPoW algorithm offers a security level at Bitcoin. Its native currency is the KMD, and in each project created around the komodo network they look for their link to KMD.

Komodo projects

Chips

chips komodo

Chips is a cryptocurrency whose objective is to integrate into the dapp Pangea Poker, a totally decentralized Texas Hold’em application, which is being developed on the Komodo platform, or on any online betting platform.

Currently Chips is one of the few cryptocurrencies in which SegWit and Lightning Network are enabled.

Chips (CHIPS):

  • Block time: 10 seconds
  • Total supply: 21,000,000 CHIPS
  • Algorithm: POW

Links of interest:

Pirate

pirate komodoPirateChain (ARRR) is a 100% private cryptocurrency that uses ZK-Snarks to protect its transactions, in addition to its blockchain. The ZK-Snarks technology is the industry standard in private transaction protocols.

The launch of the main network of PirateChain was on 08/30/2018, this cryptocurrency is one of the safest and most private that exist.

PirateChain (ARRR)

  • Block time: 60 seconds Approx
  • Reward per block (currently): 256 ARRR
  • Next halving: Approximately May 27, 2019
  • Total supply: 200,000,000 ARRR

Links of interest

Komodore64

komodore-64 komodoKomodore64 is a project created to use Komodo technology in the creation of video games based on blockchain, this project is prepared to develop a great variety of video games.

All the gameplay will be saved and verified in the blockchain. Users will receive non-fungible tokens for their characters and items in the game, which can then be exchanged.

Report from Komodoplarform

Links of interest

Website: https://www.komodore64.com/
Twitter: https://twitter.com/komodoregames

Barterlly

barterlly komodo

The Barterlly project started in 2018. It is an application developed by the Komodo community, which allows for OTC transactions using an automated repository.

Links of interest

Website: https://app.barterlly.io/
Twitter: https://twitter.com/barterlly

KMDLabs

kmdlabs komodo

KMDLabs is a Komodo ecosystem project fully scalable and customizable, from which for free (only requires the payment of fees for notarization), it allows testing and developing contracts based on Komodo (KMD) and Crypto-Conditions

In addition KMDLabs encourages developers and testers who want to participate in projects related to Komodo, looking for errors, solutions etc.

Links of interest

Website: https://kmdlabs.com/
Discord: https://discordapp.com/channels/412898016371015680/497080413387489291

KMDice

kmdice komodoFinally we will talk about the KMDICE project, which is a blockchain dice game created within the Komodo Platform, of the total supply of this cryptocurrency, 50% was preminated, and with it a dice game contract was created that is inaccessible for anyone, to get this 50% the only way is to bet the remaining 50% but this should be drawn first.

KMDice (KMDICE)

  • Reward per block (currently): 25 KMDICE
  • Block time: 1 minute
  • Halving: The reward is reduced by half every 210,000 blocks
  • Total supply: 21,000,000 KMDICE
  • Mining Algorithm: Equihash

Links of interest

Website: http://kmdice.bet/

Carlos Teodoro
Carlos Teodoro
Cryptocurrency enthusiast and everything they represent, Carlos is responsible for writing articles, creating images and belongs to the Crypto Economy team since 2017. He is also in charge of the commercial department, social networks and the revision of translations. Carlos continues to train every day to become an expert in the blockchain.
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