Nano NANO to Komodo KMD Exchange

Crypto Pair Details: NANO to KMD

Nano NANO

Nano, a low-latency cryptocurrency built on an innovative block-lattice data structure offering unlimited scalability and no transaction fees. Nano by design is a simple protocol with the sole purpose of being a high-performance cryptocurrency. The Nano protocol can run on low-power hardware, allowing it to be a practical, decentralized cryptocurrency for everyday use. The original Nano (RailBlocks) paper and first beta implementation were published in December, 2014, making it one of the first Directed Acyclic Graph (DAG) based cryptocurrencies [6]. Soon after, other DAG cryptocurrencies began to develop, most notably DagCoin/Byteball and IOTA. These DAG-based cryptocurrencies broke the blockchain mold, improving system performance and security. Byteball achieves consensus by relying on a “main-chain” comprised of honest, reputable and user-trusted “witnesses”, while IOTA achieves consensus via the cumulative PoW of stacked transactions. Nano achieves consensus via a balance-weighted vote on conflicting transactions. This consensus system provides quicker, more deterministic transactions while still maintaining a strong, decentralized system. Nano continues this development and has positioned itself as one of the highest performing cryptocurrencies. Nano is a trustless, feeless, low-latency cryptocurrency that utilizes a novel blocklattice structure and delegated Proof of Stake voting. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput. All of this is achieved by having individual blockchains for each account, eliminating access issues and inefficiencies of a global data-structure. We identified possible attack vectors on the system and presented arguments on how Nano is resistant to these forms of attacks. Check out CoinBureau for the complete review of Nano.

Komodo KMD

Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry. In reality, most blockchain platforms today are but a single blockchain that offers support for smart contracts and decentralized applications. This model forces all projects to share the same infrastructure, leading to congestion, increased transactions fees, and stifled growth. Whereas other blockchain platforms employ a single, shared-blockchain model, Komodo’s federated multi-chain architecture provides each and every external project with independent infrastructure and a dedicated blockchain. This multi-chain design is what makes Komodo unique among blockchain platforms. Each project is given the opportunity to create their own blockchain ecosystem via Komodo’s infinitely scalable infrastructure. Komodo’s tech enables seamless cross-chain interoperability among all federated blockchains. Every blockchain built with Komodo is also connected to 95% of chains outside the federation via atomic swap technology. Future plans are in place for blockchain bridging support, which will create cross-chain fungibility throughout the entire blockchains industry. Moreover, with Komodo’s architecture, multiple blockchains can sync up and function as a single chain. If one chain is not meeting performance needs, additional chains can be added to form a blockchain cluster. A blockchain cluster boosts performance linearly without inflating coin supply or devaluing the currency. The Komodo ecosystem is not only scalable and interoperable, it’s also secured with the power of the Bitcoin network. This is accomplished with a series of cross-chain notarizations that store a blockhash onto the Bitcoin ledger every ten minutes, providing protection from 51% attacks. Join Komodo as we continue to accelerate the global adoption of blockchain technology.

SOURCE: COINGECKO

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