Komodo (KMD)

$0.643002 (-5.82%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
60 $75,420,000.00 $2,480,180.00 117,293,000 KMD 77 -5.82% -3.66% $37.42

Exchange Pair Volume (24h) Price
Binance KMD/BTC 154,395.00 0.0000871000
Bittrex KMD/BTC 12,296.46 0.0000867400
Binance KMD/ETH 16,768.12 0.0043490000
Bilaxy KMD/BTC 1,040,590.00 0.0000875000
HitBTC KMD/BTC 155,844.00 0.0000866900
CoinEx KMD/BCH 256,219.00 0.0030653000
HitBTC KMD/ETH 18,662.70 0.0043250400
HitBTC KMD/USD 39,778.00 0.6359190000
Huobi Global KMD/BTC 7,309.84 0.0000869500
Huobi Global KMD/ETH 1,194.54 0.0043220000
CITEX KMD/BTC 3,215.41 0.0000867400
CITEX KMD/ETH 3,277.29 0.0043156600
CREX24 KMD/BTC 49.91 0.0000878000
Livecoin KMD/BTC 184.45 0.0000864300
CoinBene KMD/BTC 512,164.00 0.0000869000
CITEX KMD/USDT 5,104.08 0.6394200000
CoinEx KMD/BTC 164,084.00 0.0000864700
Huobi Korea KMD/BTC 61.95 0.0000869000
Upbit KMD/KRW 24,955.00 747.0000000000
Altsbit VRSC/KMD 139.85 0.1100000000
Huobi Korea KMD/ETH 0.00 0.0043240000
Bittrex KMD/USD 305.11 0.6500000000
Graviex VRSC/KMD 2.70 0.0999000000
Upbit KMD/BTC 256.79 0.0000844400
Graviex KMD/BTC 0.77 0.0000804350
Txbit KMD/BTC 0.00 0.0000871200
Graviex ARRR/KMD 0.00 0.0600000000
Livecoin KMD/ETH 0.00 0.0000000000
Graviex HUSH/KMD 0.00 0.0969660000
Upbit Indonesia KMD/BTC 2,277.32 0.0000844400
Altsbit ARRR/KMD 801.45 0.0500000000
Altsbit KMD/BTC 18.48 0.0000920000
Altsbit OURC/KMD 0.01 0.0001000000
Altsbit K64/KMD 0.00 0.0001542000
Altsbit DP/KMD 0.00 0.0011000100
Altsbit ZILLA/KMD 0.00 0.0977777600


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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