Komodo Komodo

$1.93
-0.04 -1.82%

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 0.06%
Open $1.96
Low $1.91
High $2.00
Current Supply 104,253,973 KMD
Total Supply 200,000,000 KMD
Market cap $200,786,012
24h Volume (coin) 0 KMD
24h Volume (currency) $0
Last updated 2018-06-19 03:30:16
Date Price Volume