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Komodo is a cryptocurrency based off of Zcash with the addition of a framework for constructing decentralized applications. Komodo wants to help enterprises build blockchain applications.
Komodo uses Zcash’s zero-knowledge proof technology to bring about user anonymity and private transactions. One novel concept of Komodo is its Delayed Proof-of-Work (dPoW) protocol. The algorithm records new Komodo blocks onto the Bitcoin blockchain by writing them in a Bitcoin transaction. Thus, as long as the Bitcoin blockchain remains safe, Komodo’s ledger will also stay safe.