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Komodo Evolution: The 5 Pillars of Blockchain Tech & How Komodo Is Improving Upon Each One

Komodo Platform is the world leader in blockchain solutions. Thus far in 2018, Komodo has already made our roadmap a reality and reached several new milestones. We’ve bridged the gap between BTC-based coins and ERC-20 tokens, released an upgraded website and Komodo 1.5 rebranding, held our second annual notary node elections, and launched the world’s first decentralized initial coin offering.

For all of these accomplishments, Komodo is receiving some much-welcomed recognition. We have been given a Darpal Rating of 4.5 out of 5, landing us in 12th place overall out of 200 projects.

We are also rated #1 in CryptoMiso’s rankings of over 670 blockchain projects for the number completed GitHub commits. Check out this video for a visual representation of all the Github commits Komodo’s core developers have completed over the last 3 years.

In addition, Komodo was highly rated by the Chinese government. The Ministry of Industry and Information Technology, an official branch of the government of the People’s Republic of China, ranked Komodo as the 5th best blockchain project overall and the 2nd most innovative project on the planet.

And, of course, Komodo is the world leader in atomic swaps. Komodo’s decentralized exchange, BarterDEX, is the world’s most advanced DEX with over 110,000 atomic swaps completed.

The 5 Pillars of Blockchain Technology

Now, as we prepare for the remainder of 2018, Komodo Platform will continue to present solutions to the blockchain industry’s most pressing problems. We are pleased to announce our plans for the second half of the year. In the coming months, we will release new features that will improve Komodo’s standing in the five most important aspects of blockchain tech:

    1. Security
    2. Scalability
    3. Interoperability
    4. Privacy
    5. Simplicity

These are the 5 pillars of blockchain. Not a single one can be ignored. Having any four of these components is meaningless without the fifth. All five are absolutely essential for any blockchain project to be successful.

That’s why Komodo is innovating unique features to promote each of these crucial blockchain attributes. Our core developers are working hard to put the finishing touches on these new technologies. Once released, they will truly put Komodo Platform head and shoulders above every other blockchain project on the planet. 

Over the next 2 weeks, we will post 5 new articles to describe our new features at greater length. If you want to get weekly updates about the latest Komodo news, sign up for our email list. You can also join our community on Discord to chat personally with Komodo team members. 

Join us as we continue to unite the blockchain industry and accelerate the global adoption of blockchain technology.