cryptocurrencies 1649
Total Market Cap $349,826,798,556
Total Volume 24h $762,713,022

Komodo Komodo

$1.18
-0.07 -5.26%

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 0.04%
Open $1.24
Low $1.16
High $1.26
Current Supply 113,599,121 KMD
Total Supply 200,000,000 KMD
Market cap $133,798,854
24h Volume (coin) 2,028 KMD
24h Volume (currency) $2,425
Last updated 2019-05-25 07:00:42
Date Price Volume