Komodo
| Last updated | 5 hours ago |
| Price per KMD in USD | $ 0.16696411680026 |
| Price per KMD in Bitcoin | 0 |
| Volume over the last 24 hours | $ 4,959,294 |
| Market cap in USD | $ 22,699,419 |
| Change in % over the last hour | 0.13103538 |
| Change in % over the last 24 hours | 1.71344015 |
| Change in % over the last 7 days | -5.84491687 |
KMD specifications
| Name | Komodo |
| Symbol | KMD |
| Minable | Yes |
| Algorithm | Equihash |
| Prooftype | dPoW/PoW |
| Total coin supply | 200000000 |
| Premine: | N/A |
Coin description
Komodo is a blockchain platform focused on privacy, security, and interoperability. It uses a delayed proof-of-work (dPoW) consensus mechanism, leveraging Bitcoin's hash power to secure its network. Komodo also offers tools for launching independent blockchains and decentralized applications (dApps).
Komodo Blockchain Solutions
Komodo's dPoW mechanism provides enhanced security by notarizing its blocks onto the Bitcoin blockchain, ensuring immutability and resistance to attacks. Its AtomicDEX platform enables cross-chain swaps, allowing users to trade assets across different blockchains without intermediaries. For example, developers can use Komodo's Antara framework to build custom blockchains tailored to their specific needs.
One of Komodo's strengths lies in its versatility. By combining privacy features, interoperability, and developer tools, it caters to a wide range of use cases, from DeFi to enterprise solutions. Keywords like Komodo dPoW security and cross-chain swaps are closely tied to this project.