Komodo Rank 85
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120,652,878 KMD
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Komodo
KMD
KMD
Komodo Price $ 0.6335
$ 0.6335
Komodo 24h Vol
$3,126,574
$3,126,574
Komodo Market Cap $76,439,310
$76,439,310
24h Vol
338 BTC 1 H
0.19 %
24 H
2.57 %
7 d
2.05 %
Today Komodo price in US dollars is currently
0.6335
USD, and if converted to Bitcoin is
0.00006849
BTC. A total of 120,652,878 KMD are currently circulating in the Market. Komodo price is currently experiencing a change of 2.57 %, and check here all cryptocurrency. Over the past 24 hours 0.031 M US dollars Komodo have been traded on Crypto Exchanges. Get Komodo's progress by adding it to your favourites and creating a free portfolio.
Full Name
Komodo
Symbol
KMD
Algorithm
Equihash
BTC Price
0.00006849 BTC
BTC Market
8,263 BTC
BTC 24h Vol
338 BTC
Total Coins Mined
120,652,878 KMD
1h
0.19 %
24h
2.57 %
7d
2.05 %
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Description
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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