Rank 716
Komodo (KMD)
KMD
Just now
$ 0.1376431386 (-3.07%)
Mkt. Cap.
$ 19.38 M
Vol. 24H
KMD 1.91 M ($ 263.04 K)
Open 24h
$ 0.141995771
Low/High 24h
$ 0.1363147358 - $ 0.1436691129
Last trade
KMD 150.000 ( $ 20.646) / CCCAGG
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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.

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Komodo (KMD)
0.1376431386 USD (-3.07%)
Rank

716
MARKET CAP

$ 19.38 M
VOLUME (24H)

$ 263.04 K

Historical data for Komodo (KMD)

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