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About KMD / Komodo

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Komodo 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.


Komodo ICO

Read Komodo ICO Details

Pricing
  • Price: $
  • Market Cap: $0
  • 24h Volume: 491081.06546225987
Technical Details
  • Started: 01/09/2016
  • Algorithm: Equihash
  • Proof Type: dPoW/PoW
  • Total Coins: 116510569
Presence
  • Website: Komodo
  • Twitter: @komodoplatform

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