Komodo Price, Charts, Marketcap and Other Stats

$ 0.639789
0.00008600 BTC
$ 75,043,101
Volume (24h)
$ 3,582,484
Circulating Supply
117,293,461 KMD
Total Supply
200,000,000 KMD

What is Komodo?

Komodo is a platform forked from zCash. It incorporates the same zero-knowledge proof protocol, so transactions are anonymous and private. Its unique consensus protocol is called delayed proof-of-stake. 64 masternodes, elected by voting, are responsible for notarizing (recording) Komodo's blocks into the Bitcoin's blockchain. With this, they offer the same security level of Bitcoin. Kmodo also offers a framework for creating independent blockchains with blocks notarized to it (and, therefore o Bitcoin). Mining uses the equihash algorithm, so it's ASIC resistant. Through their dICO platform, anyone can launch an ICO with total anonymity, with a blockchain within the Komodo ecosystem or not. Komodo also features the BarterDEX decentralized exchange, which uniquely supports trading between different pairs using atomic swaps for increased speed.

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