Komodo is trying to raise 30,000 BTC in their ICO.
Did they just rip off Zcash code to make 2 million USD?
I've never really understood ICOs. Seems like pure greed to me. Maybe one of you can shed some light?
"Z-Cash Anonymous Transactions
Komodo will allow users to choose between two transaction types: Normal and Anonymous. Anonymous transactions will be encrypted on the blockchain with zero knowledge proofs. No one can find out who sent a transaction, the value of the transaction, or to whom it was sent to. The transaction metadata is encrypted and zero-knowledge proof construction called a zk-SNARK is used to prove that no double-spending is taking place"