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Komodo

Komodo (KMD)

$ 0.00
0.64 %
Main info
News
Comments
Markets
Analytics
Market cap
$927.65K
0.64 %
Volume (24h)
$15.85K
0.64 %
Circulating supply
135,953,876 KMD
Total supply
141,020,327 KMD
Max. supply
200,000,000 KMD

About Komodo

Overview

Komodo is an open, composable multi-chain platform. With blockchain development roots going back to 2014, Komodo is consistently recognized as a pioneer of multi-chain architecture in the blockchain space.

Technology Suite

Today, Komodo focuses on providing business-friendly blockchain solutions that are secure, scalable, interoperable, and adaptable. Komodo's current technology suite, the Antara framework, offers tools for end-to-end blockchain development, including a customizable, application-specific Smart Chain complete with a library of built-in modules and an open API for building blockchain-based applications.

Commitment to Adoption

Komodo is committed to accelerating global blockchain adoption through a composable, multi-chain architecture, an open-source model, and an open, business-friendly ecosystem that allows developers, start-ups, and enterprises alike to prosper with blockchain technology.

Key data

updated $0
Market cap$927.65K
Volume 24h$15.85K
Circulating supply135.95M68% of max 200M
All-time high$11.54-100% from peak · 2017-12-21

Komodo (KMD) is a privacy-focused cryptocurrency built on a unique blockchain platform. It utilizes a hybrid consensus mechanism combining Proof of Work (PoW) and Delayed Proof of Work (dPoW) for enhanced security. Komodo aims to provide scalable, interoperable, and customizable blockchain solutions.

Frequently asked questions

What is Komodo and how is it different?

Komodo is a blockchain platform offering privacy, security, and interoperability. Its unique dPoW mechanism adds an extra layer of security by notarizing its blockchain onto Bitcoin’s, making it more resistant to attacks.

How does Komodo's consensus mechanism work?

Komodo uses a hybrid of Proof of Work (PoW) for mining and Delayed Proof of Work (dPoW) for added security. dPoW notarizes Komodo’s blockchain onto Bitcoin’s, ensuring immutability and protection against 51% attacks.

How is Komodo's coin supply managed?

Komodo has a hard cap of 200 million coins, making it a deflationary asset. New coins are mined through PoW, and the protocol includes a 5% annual interest reward for users holding KMD in a compatible wallet.

How can I store and use Komodo?

Komodo can be stored in its official wallet, AtomicDEX, or other compatible wallets. It’s used for transactions, staking rewards, and accessing Komodo’s ecosystem features like decentralized exchanges and blockchain development tools.