Crypto
Komodo
KMD
Komodo
0.3009
1.11%
≈0.3016
Circ/Total Supply
135953876/140626831
96.7%
Volume/24h%
38307.990541
1.11%
#--
24h Turnover
67.79%
Komodo coin, also known as Komodo coin, or KMD coin for short, is a privacy-centered cryptocurrency that combines the anonymity of ZCash with the security of Bitcoin. Komodo coins are published via the Equihash based PoW protocol, where new block information is sent to pre-voted notary nodes. These nodes insert Komodo block information on the BTC blockchain by creating custom transactions. Komodo uses zero-knowledge proof to provide 100% anonymous transactions, secured by the computing power of Bitcoin.
Komodo is an end-to-end blockchain infrastructure solution provider that enables seamless cross-chain interoperability between all federated blockchains. Each blockchain built using Komodo is also connected to 95 percent of the chains outside the federation via atom swap technology. Future plans are already in place for blockchain bridge support, which will create cross-chain substitutability across the entire blockchain industry.
Additionally, with Komodo's architecture, multiple blockchains can be synchronized and run as a single chain. If one chain does not meet performance requirements, other chains can be added to form a blockchain cluster. Blockchain clusters can linearly improve performance without ballooning the coin supply or devaluing the currency. The Komodo ecosystem is not only scalable and interoperable, but also has the power of the Bitcoin network. This is achieved through a series of cross-chain notaries that store a BlockHash to the Bitcoin ledger every ten minutes, thus providing 51% attack protection.
Distribution of tokens | Number of | Percent |
---|---|---|
investors | 180000000 | 90% |
Developers, consultants, and bounties | 20000000 | 10% |