Komodo is a Cryptocurrency, the network powered by PoW + PoS (consensus mechanism based on both mining and stacking) algorithm. The original software was developed by SuperNET team and first released October 15th, 2016. Nowadays the cryptocurrency is managed by the Komodo, an organization based in the MT. The coin is Privacy-focused. Smart Contracts are supported by the Komodo blockchain. The official Komodo website is https://komodoplatform.com.
As of today, February 29th, 2024, out of totally available 200,000,000 KMD, 139,528,923 are in circulation. It's possible to mine komodos. The total market capitalization of komodo is $45,401,730, the rank among other cryptocurrencies (based on the capitalization) is #708. The current rate of 1 KMD is $0.33 USD.
Komodo is introducing the concept of a Smart Chain platform: a composable, multi-chain architecture, committed to accelerate global blockchain adoption for developers, start-ups, and enterprises. Platform development started in the year 2014; it was built on top of the proven technologies of Bitcoin and ZCash. The cryptocurrency started as the fork of Zcash by the SuperNET team previously working on BitcoinDark (BTCD) crypto; KMD is the evolution of BTCD coin.
The team behind the project has pioneered some interesting innovative technologies; Komodo is one of the most advanced blockchain platforms. A composable, multi-chain architecture (Komodo supports an unlimited number of Smart Chains, each of those is an independent network with own coin, consensus algorithm, etc.), provides almost unlimited scalability and functionality. The Antara Framework allows independent developers to build their own Smart Chains, projects with native support of games, contracts, and apps. Komodo platform acts as a base layer of the technology for individual developers, startups, and enterprises.
Komodo utilizes delayed Proof of Work (dPoW) consensus mechanism. The difference between ordinary PoW and dPoW is the existence of special "Notary Nodes": 64 nodes that secure the Komodo blockchain transactions using the Bitcoin network. Such architecture secures the network making it almost fully resistant to 51% attacks, etc. The platform also uses staking (PoS), rewarding active users with about 5.1% annual interest.
Komodo is currently supported by 20% of exchanges (2 of 10) currently having active orders at ExchangeRates.Pro: 1 Exchange Brokers, 1 Trading Platforms have offers, allowing you to buy and sell KMD. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Sorry, at the moment there are no active exchanges with live offers to buy/sell Komodo with fiat currencies in United States. Our teams tries our best to add some ASAP!
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Did you know that it's possible to exchange KMD to 48 other cryptocurrencies? It's possible to convert Komodo to/from 96% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 96 swap possibilities with KMD and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap KMD with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: