Komodo. 1 million transactions per second. Daniel Pigeon, interview.
Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible...
One question about writing a snapshot to the Bitcoin Blockchain. I try to understand the principle. The more transactions Komodo has, the more information must be written to the Bitcoin Blockchain, right? The more information the more expensive is the writing into BTC ledger. Who pays this? If this is paid with the Komodo fees, then, Komodo fees must first be exchanged for Bitcoin, right? How does it happen and how does the process work?