Komodo (KMD)
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.
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$1.87724
(0.0002779 BTC)
-3.72%
Market Cap:
$195,709,733.00
Circulating Supply:
104,253,976.00
Volume (1h):
-0.07%
Volume (24h):
-3.72%
Volume (7d):
+ 2.87%