KOMODO (ENG)

I N T R O D U C T I O N T O K O M O D O

The Komodo project focuses on empowering users with Freedom through

blockchain technology. There are many forms of Freedom that Komodo can provide,

and we are currently focusing on empowering two types of users: the blockchain

entrepreneur, and the average cryptocurrency investor. Together, our community of

entrepreneurs, investors, and other users form an economic ecosystem.

The foundational pillar of the Komodo ecosystem is security. Komodo provides

a unique and innovative form of security that is as strong as the Bitcoin network,

yet does not require the incredible cost. Every member of the Komodo ecosystem

receives the benefits of this security. The investor relies on it for everyday use. The entrepreneur

relies on it to protect their blockchain innovation at a cost that is affordable

even to small businesses and startups.

Another of Komodo’s powerful technologies is a new method of trading cryptocurrencies

directly from one person to another. It is a new kind of "decentralized exchange."

Our decentralized exchange removes all forms of middlemen, vouchers, and

escrow services. It relies on an underlying concept called the "atomic swap", and we

are the leaders in this technology.

Our atomic-swap powered decentralized exchange serves both the investor and the

blockchain entrepreneur.

For the investor, they can trade cryptocurrencies without having to pass through a

centralized exchange, which can be an arduous and even dangerous process. They

also do not have to use an escrow service, voucher, nor even an intermediary

coin—not even Bitcoin. Furthermore, there is no registration process required, nor

are there any withdrawal limits. We currently support approximately 95% of the

cryptocurrencies in existence, including Bitcoin-protocol based coins, Ethereum, and

Ethereum-based ERC20 tokens.

For the entrepreneur, our decentralized exchange enables the release of new products

to the world without middleman involvement. Furthermore, even entrepreneurs

who have previously built other blockchain projects outside our ecosystem can easily

feature their coin on our decentralized exchange. The only requirement is that the

blockchain product have the proper security elements in the core of the blockchain’s

code.

Komodo also has powerful privacy features built into our platform. This allows the

investor to trade and purchase goods and services within their right to privacy. It also

allows the entrepreneur to release their product, and to crowdsource funds, from an

audience that may prefer to maintain this privacy.

There are many other technologies and features in the Komodo ecosystem, and we

are experiencing a rapid growth of both entrepreneurs and investors.

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[ June 3, 2018 at 16:15 – WhitePaper – Komodo Platform – version 1.1 ]

This Komodo white paper provides an in-depth discussion about Komodo’s unique

security features, our decentralized exchange, the method of releasing new products

on it, and our native privacy features.

We welcome feedback from our readers. If you have any questions or concerns over

the course of reading this material, please reach out to our team directly. You may

find our contact information on our accompanying website: komodoplatform.com

https://komodoplatform.com/wp-content/uploads/2018/06/Komodo-Whitepaper-June-3.pdf