Komodo

$0.255

Rank: 184
0.84%

Market Cap
$31,464,698.35
Vol 24h
$239,585.97
Coin Calculator
KMD
USD
3.92188238 Komodo

Komodo (KMD) is a privacy-centric open-source cryptocurrency that is used to make transparent and anonymous transactions on the Komodo blockchain platform. They are very secure because of their new consensus mechanism, known as the Delayed Proof of Work (dPo W) protocol, that was developed by the Komodo team. This mechanism allows the transactions to be notarized by the Bitcoin's blockchain.

Komodo's decentralized ICO platform (dICO) guarantees that coin developers can launch a transparent coin offering and at the same time keep the investors' privacy safe. This makes it possible for the first time in the history of cryptocurrency to issue and distribu te coins without a trusted third party.

KMD has excellent built-in privacy features. The new block information is forwarded to notary nodes that are pre-voted, and through a custom transaction, they insert this information on the BTC blockchain. Thanks to t his structure, to hack Komodo it would be necessary to rewrite the two of the chains. Also, Komodo uses Zero-Knowledge proofs to guarantee completely anonymous transactions.

The ecosystem known as SuperNET uses KMD as their official cryptocurrency. With this, the recent launch of their first dICO and the major projects they have planned, such as their decentralized exchange named BarterDex, KMD is estimated to trade higher and higher. The goal of the Komodo Platform is to provide complete end-to-end blockc hain solutions for any level developers from any industry and to build a well-functioning ecosystem of developers and partners that learn together how to make out the most from the blockchain technology.

Comments

# Name Symbol/Pair Price Vol 24h Volume Percent Updated
1 Binance KMD/USDT $3.95 $184,592.68 77.05% 08 Apr 2021 10:13:47
2 Binance KMD/BTC $4.04 $176,539.85 73.69% 08 Apr 2021 10:13:46
3 Binance KMD/ETH $4.12 $31,991.44 13.35% 08 Apr 2021 10:13:10
4 Bittrex KMD/BTC $4.08 $57.41 0.02% 08 Apr 2021 10:16:08
5 HitBTC KMD/USDT $1.05 $5.26 0.00% 19 Sep 2018 06:36:57
6 HitBTC KMD/BTC $1.28 $3.85 0.00% 19 Sep 2018 13:33:58
7 HitBTC KMD/ETH $0.84 $0.01 0.00% 18 Sep 2018 07:31:32

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