Komodo (KMD)

$0.606114 (-0.76%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
149 $74,981,100.00 $5,222,170.00 123,708,000 KMD -- -0.76% 6.47% $4.61

Exchange Pair Volume (24h) Price
Upbit KMD/KRW 2,174,345.00 680.0000000000
Binance KMD/BTC 672,821.00 0.0000168000
Binance KMD/USDT 624,239.00 0.6229000000
HitBTC KMD/BTC 425,756.00 0.0000168500
HitBTC KMD/ETH 85,238.00 0.0005031700
HitBTC KMD/USD 186,114.00 0.6220940000
Huobi Global KMD/BTC 112,811.00 0.0000168400
Binance KMD/ETH 155,483.00 0.0005070000
Bittrex KMD/USD 7,988.90 0.6237500000
Huobi Global KMD/ETH 70,552.00 0.0005020000
CoinEx KMD/USDT 7,207.48 0.6220000000
CREX24 KMD/BTC 43.47 0.0000167000
Bilaxy KMD/BTC 559,677.00 0.0000170000
BitBNS KMD/INR 174.03 46.2200000000
CITEX KMD/USDT 4,509.68 0.5968600000
CoinEx KMD/BTC 9,913.07 0.0000167200
Bittrex KMD/BTC 50,801.00 0.0000167000
StakeCube Exchange KMD/BTC 2.23 0.0000142100
StakeCube Exchange KMD/DOGE 2.02 50.0000000000
Huobi Korea KMD/BTC 350.66 0.0000168400
CITEX KMD/ETH 2,028.41 0.0005024100
CoinBene KMD/BTC 1,272,888.00 0.0000163000
Liquid KMD/BTC 54.00 0.0000166000
Graviex VRSC/KMD 1.13 0.4000100000
Graviex KMD/BTC 9.69 0.0000176300
Upbit KMD/BTC 1,135.08 0.0000168000
Liquid KMD/QASH 33.20 19.4483000000
StakeCube Exchange KMD/LTC 1.14 0.0025000400
StakeCube Exchange KMD/DASH 0.43 0.0429990000
StakeCube Exchange KMD/SCC 0.00 3.8997899700
Upbit Indonesia KMD/BTC 6,745.33 0.0000168000


Komodo, a code fork of Zcash, is a privacy-focused cryptocurrency that leverages a menagerie of unique features implemented by different existing blockchains in an attempt to create a more private, secure, interoperable, decentralized blockchain network. Instead of competing directly with leading protocols like Bitcoin, which Komodo believes to be a futile effort, the project is an effort to experiment with a different combination of familiar parameters.


Komodo employs a delayed proof-of-work (dPoW) consensus mechanism that it believes offers a higher level of network security than Bitcoin's PoW model. Every chain, even forks, are more connected under dPoW than regular PoW which Komodo prefers. Komodo's Iguana Core technology, a multi-purpose code base that underlies the Komodo protocol, spawned the security model behind dPoW. Iguana Core and dPoW rely on Notary Nodes chosen by the Komodo network users to archive "true" copies of the network's transaction history and designate the appropriate chain for miners to direct their resources. Notary nodes occasionally receive easy-mining privileges on a lottery basis where the network's difficulty significantly decreases for one of the notary nodes. Every 2000 blocks, every notary node can mine on easy-level difficulty in a Komodo mining "free-for-all". Komodo supports two separate but parallel chains: an asset chain and a main chain (a quasi-layer-two feature). Notary nodes maintain the main chain, but the asset chain can process significantly more transactions in a given time frame than the main chain. Asset developers shoulder the responsibility of bootstrapping a network of nodes to maintain the security of assets issued on the Komodo asset chain though. BarterDEX is the Komodo blockchain's native decentralized exchange (DEX) that functions like any cryptocurrency exchange with order matching, liquidity provision, and transaction clearing. Jumblr is a transaction data anonymizing feature that serves as Komodo's primary tool for targeting on-chain privacy. As a Zcash fork, Komodo retained some of it's parent project's privacy features. But Jumblr relies on BarterDEX, KMD, and Zcash's parameters to attempt the level of security desired by the Komodo team.

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