Last Update 2019.07.27 10:49 PM UTC

Komodo

KMD

USD Price

$ 1.11

$ -0.014  ( -1.25% )
Market Cap       52
$ 128.36 M
( $ 128,359,482 )

Change 1HR
-0.16%
Volume 24HR
$ 7,992.45
KMD 6,903.10
Change 24HR
-1.25%
24HR Low-High
$ 1.09 - $ 1.13
Change 7 Day
-9.11%

KMD / USD

1 Exchanges
  • Supply & Demand
    2,3,7,2,5,7,4,8,8,3,7,6
  • Mined
    115,240,621
  • Circulating Supply
    115,240,621
  • Total Supply
    115,240,621
  • Max Supply
    200,000,000

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.

@komodoplatform