Komodo update: KMD Live price, price chart, news and markets

Komodo

KMD

$0.03800

-0.54%

Rank #1568 | Category

proof-of-work

altcoin

halal

dino

quantum-resistant

micro-cap

Market Cap

$4,204,330

Fully Diluted Market Cap

$7,599,201

Volume

$7,093

Komodo Price Chart Update [KMD]

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Komodo Price Update Today

The KMD price update as of now is $0.03800. In the previous 24 hours, its trading volume was $7,093, and its value has decreased by -0.54%. As of now, KMD's live market cap is $4,204,330, and it is ranked as the #1568 on the Coincu. KMD has a circulating supply of 200,000,000 and a maximum supply of 200,000,000.

About Komodo

Get to Know Komodo

The emergence of various virtual currency projects in recent years has brought cryptocurrency into the spotlight. One of the latest additions to the market is the Komodo coin.

What is Komodo?

Komodo is a blockchain platform that places a strong emphasis on security and user privacy. It operates on an open platform that utilizes technology developed by Zcash, ensuring completely secure transactions and protecting customer information through anonymity.

The Komodo blockchain enables transparent, anonymous, private, and swappable transactions thanks to its open-source algorithm. To further enhance security, these transactions are also secured using the Bitcoin blockchain through the Delayed Proof of Work (dPoW) protocol.

Discover the Key Features of Komodo

Komodo (KMD) aims to tackle various challenges in the cryptocurrency field, including:

Multi-Chain Problem: Addressing network congestion, high transaction costs, and scalability issues.
Customization Challenges: Offering a more flexible and functional platform for blockchain projects.
Openness for Blockchain Platforms: Eliminating the need for high gas fees or reliance on external units for project development.

One of the unique selling points of Komodo is that it originated from Zcash. It is built on four fundamental pillars: security, scalability, interoperability, and adaptability.

Developers who utilize the Komodo platform can:

Create their own Smart Chains.
Connect and interact with other Smart Chains on the Komodo Platform.
Trade digital assets on the Komodo Platform using Atomic DEX (Komodo's token swap solution).

Therefore, the Komodo Platform can be seen as a blend of Zcash's anonymity technology and the robust security provided by Bitcoin.

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