Re: [ANN][KMD][dPoW] Komodo - next generation platform, Secured by Bitcoin
"dPoW gives DLT projects the same security as bitcoin at a fraction of the cost, without adding any trusted third party, and without creating any centralized single point of failure"
That's a pretty good definition of what dPoW does, can you say how it does it in as many words?
KMD holders vote for 30 out of 64 notaries every year in a free and open election, the bottom 30 performers facing re-election. These 64 NN then form a separate peer-to-peer network from Komodo. 13 out of 64 notaries will then periodically notarize a blockchain hash from every supported blockchain onto the bitcoin blockchain. This then creates an anchor point or "checkpoint" for each secured blockchain that cannot be reversed.