$ 2.715 3.01%

Komodo (KMD) Rank 74

Market Cap $282.45 M
Volume 24H 54 KMD
Open 24H $2.636
Low/High $2.603 - $2.787
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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.

Mkt.Cap $ 282.45 M Volume 24H 54.00 KMD
Market share 0.09% Total Supply 200 M KMD
Proof type dPoW/PoW Open $ 2.64
Low $ 2.60 High $ 2.79
Date Price Volume