Komodo Komodo

-0.10 (-8.91%)

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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Market share 0.05%
Proof type dPoW/PoW
24h Open $1.18
24h Low $1.06
24h High $1.19
Price in BTC 0.00017365778680 BTC
Current Supply 110,632,896 KMD
Total Supply 200,000,000 KMD
Market cap $118,582,704
24h Volume (coin) 0 KMD
24h Volume (currency) $0
Last updated 2018-11-14 16:03:52 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume