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Komodo (KMD) Rank 48
$1.648953
Komodo (KMD) Rank 48
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114,485,530 KMD

Komodo (KMD)
Komodo (KMD)
KMD

Komodo (KMD) Price
$1.65

Komodo (KMD) 24h Vol
$1,948,294

Komodo (KMD) Market Cap
$188,781,271

Komodo (KMD) Circulating
114,485,530

Full Name
Komodo (KMD)
Symbol
KMD
Algorithm
Equihash
BTC Price
0.000178027 BTC
BTC Market
20,382 BTC
BTC 24h Vol
210 BTC
Total Coins Mined
114,485,530 KMD
1h
0.33 %
24h
3.91 %
7d
0.67 %




Description

Description


Komodo is a privacy-centric cryptocurrency that combines the anonymity of ZCash with the security of Bitcoin. Using a new consensus mechanism developed by the Komodo team, delayed Proof of Work, Komodo blocks can be notarized using the Bitcoin blockchain. KMD is issued through an Equihash-based PoW protocol, and the new block information is sent to pre-voted notary nodes. These nodes insert the Komodo block information on the BTC blockchain by creating a custom transaction. This system ensures that in order to "hack" komodo, one would have to rewrite both chains.

Komodo uses Zero Knowledge Proofs to provide 100% anonymous transactions, that are now secured with Bitcoin's hash rate.