I think Komodo makes sense in theory...at least when it comes to horizontal expansion of blockchains off of the bitcoin blockchain...but I don't feel like it really solves any issues since it still relies on the proof of work system of bitcoin for the delayed proof of work concept to be effective. What seems good about it, is that it will enable more testing of blockchain technologies and ICOs to arise without having to find a workaround to the POW method.
My question is whether or not it has tangible application that isn't already achieved by proof of stake...yet to be seen imo. Also, there are other issues with the bitcoin blockchains vertical scaling (block size, transaction speed, cost etc) that I think are more pressing than these horizontal expansion concepts, as potentially useful as they may end up being.
I am eagerly watching the proof of stake testing grounds as I am very interested to see how that goes, particularly in ETH and their CASPER alpha and what kind of a POS/POW hybrid they will end up with.
I think Komodo makes sense in theory...at least when it comes to horizontal expansion of blockchains off of the bitcoin blockchain...but I don't feel like it really solves any issues since it still relies on the proof of work system of bitcoin for the delayed proof of work concept to be effective. What seems good about it, is that it will enable more testing of blockchain technologies and ICOs to arise without having to find a workaround to the POW method.
My question is whether or not it has tangible application that isn't already achieved by proof of stake...yet to be seen imo. Also, there are other issues with the bitcoin blockchains vertical scaling (block size, transaction speed, cost etc) that I think are more pressing than these horizontal expansion concepts, as potentially useful as they may end up being.
I am eagerly watching the proof of stake testing grounds as I am very interested to see how that goes, particularly in ETH and their CASPER alpha and what kind of a POS/POW hybrid they will end up with.