The Komodo Platform is a cryptocurrency design that concentrates on contributing anonymity through zero-knowledge proofs and security through a novel Delayed Proof of Work (dPoW) protocol.
WHAT IS KOMODO (KMD)?
Komodo is all set to be the default currency of the popular cryptocurrency framework SuperNET. It will be replacing Bitcoindark. It relies on the delayed proof of work mechanism to allow any blockchain built on top of it to be notarized and get bitcoin levels of security. It also provides Zero knowledge transactions, peer chain scalability, DEX capabilities, Micropayment channels, pegged assets and much more. It also has an industry first Atomic swap capability that allows users to trade currencies within your wallet.
KOMODO (KMD): HISTORY
Komodo is a fork of Zcash and was launched in September 2016. It retained multiple features of Zcash. The total number of Komodo on the network is 100,945,510 KMD. It had its initial ICO on 15th of October 2016. In 2017 the team conducted a dICO that had over 1700 cross-chain atomic swaps in less than 24 hours. The ICO’s real aim was to test the BarterDEX decentralized exchanged system that is at the core of Komodo. The latest build of comodo is 0.7.8 which is a pre-release version.
HOW DOES KOMODO (KMD) WORK?
Komodo’s native token is also called Komodo. Every company or person who wishes to use any of the services offered by the Komodo platform will have to pay a fee, and this is paid using Komodo cryptocurrency. The resources include SuperNET, the fully decentralized crypto exchange EasyDEX, the cross-border currency exchange system PAX, the multi-wallet service Iguana. The Komodo also offers a 5% annual revenue to all the token holders. Thanks to it being based on Zcash, it provides the best security and privacy features in the market.
HOW TO BUY KOMODO (KMD)?
Currently, to purchase Komodo, you must own Bitcoin. Komodo users will be able to buy with fiat directly very soon itself. You can buy bitcoins from either exchange or straight from other people via marketplaces. Then exchange in an exchange and purchase your coin. You have to create a wallet with a password which should not be forgotten. The cryptocurrency exchanges which listing Komodo are Cryptox, Cryptopia, CoinExchange, Bittrex.
KOMODO (KMD) PRICE PREDICTION 2018
KMD can be a profitable investment option. Komodo price equal to 2.954 USD at 2018-03-16. If you buy Komodo for 100 dollars today, you will get a total of 33.852 KMD. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-10 is 25.382 US Dollars. With a 5-year investment, the revenue is expected to be around +759.23%. Your current $100 investment may be up to $859.23 in 2022. Komodo (KMD) price today is $2.954 and market cap value is $305,333,740. The volume is $1,180,020 and has a current supply 104,024,850 KMD.