💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
Komodo is an open smart-chain platform, build on a multi-chain infrastructure. Originally created in 2014 as a fork ofZCash, it has pivoted towards being a multi-chain network with opt-in privacy features.
At its core, Komodo relies on a consensus mechanism called Delayed Proof-of-Work (DPoW). At every new block on the Bitcoin network, the Komodo blockchain is backed up on the Bitcoin blockchain. This process is organized with 64notary nodes and secured by the hash-power of the largest PoW blockchain.
Komodo also relies on multi-chain syncing: a large number of blockchains perform calculation in an asynchronous fashion, while these sub-chain are synced on the Komodo (main) chain.
Other innovations include atomic swaps (Komodo DEX), interoperability features, which allow subchains and other blockchains (like Ethereum) to interact, and theAntara Framework (offering tools to create custom blockchains e.g., PoS/PoW).
KMD is at the center of the Komodo ecosystem: it is used to perform on-chain operations (e.g., transfer of tokens) and as a reward for notary nodes, part of the DPoW consensus algorithm.