Rank 716
Komodo (KMD)
KMD
Just now
$ 2.605 (5.08%)
Mkt. Cap.
$ 330.75 M
Vol. 24H
KMD 2.23 M ($ 5.81 M)
Open 24h
$ 2.479
Low/High 24h
$ 2.421 - $ 2.647
Last trade
KMD 0.1 ( $ 0.2605040148) / HitBTC
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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)
2.605 USD (5.08%)
Rank

716
MARKET CAP

$ 330.75 M
VOLUME (24H)

$ 5.81 M

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