KMD - Komodo
| 24h Change $ | Price CHF | Chart | |
|---|---|---|---|
Komodo / KMD |
-7.92% |
0.75
CHF |
|
main website link:
https://komodoplatform.com/Komodo Categories:
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Glossar
Komodo is secure and private money with a built-in gateway
Komodo is a privacy-centric cryptocurrency that combines the anonymity of ZCash with the security of Bitcoin. Using a new consensus mechanism developed by the Komodo team, delayed Proof of Work, Komodo blocks can be notarized using the Bitcoin blockchain. KMD is issued through an Equihash-based PoW protocol, and the new block information is sent to pre-voted notary nodes. These nodes insert the Komodo block information on the BTC blockchain by creating a custom transaction. This system ensures that in order to "hack" komodo, one would have to rewrite both chains.
Komodo uses Zero Knowledge Proofs to provide 100% anonymous transactions, that are now secured with Bitcoin's hash rate.
Do you also trust Komodo?
Advantages of crypto currencies
Transparency
based on the new block-chain technology ..
speed
Within minutes, transactions are securely stored in the blockchain
price Preis
Transaction fees are much cheaper than using banks ..
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