CCN had a moment to speak with Ben Fairbank, the general manager of Komodo (KMD), a community-oriented smart contract-centric fork of Zcash. Komodo offers a usable layer between the world’s largest proof-of-work system, Bitcoin, and decentralized applications. Komodo enables tokenized systems to rely on the security and immutability of the Bitcoin blockchain without having to build directly on top of it. They have pioneered the “crypto conditions” aspect of smart contracts. In layman’s terms, smart contracts can run on Bitcoin-based blockchains with the same degree of usability as Ethereum smart contracts. Delayed Proof-of-Work Komodo uses something called delayed proof-of-work (dPoW). Delayed
Peer2group Announces Partnership with Komodo
Peer2.group have announced an agreement to distribute 10% of its Peer2.fund tokens for an undisclosed amount. Peer2.fund is a cryptocurrency fund supported by a legal entity, which will get income from all Peer2.group business projects. Peer2.fund will have its token released before summer 2018.
This project consists on a wide range of business models that don’t require the handling of cash, allowing the group to achieve an accurate digital approach to business while also focusing on bridging the gap between fiat and crypto.