Everything You Need To Know About Komodo (KMD)What is Komodo?Komodo is a relatively young cryptocurrency that’s already made it to the top 50 cryptocurrencies of the world. The Komodo platform is also being anticipated to be the bridge between Ethereum and Bitcoin after the implementation of Etomic.
The Basics -
Komodo is an open source based platform that enables transparent, anonymous, private and fungible transactions. Its cryptocurrency is denoted by the symbol KMD. Its total supply is 200 million KMD.
It was launched through an ICO from 15th October 2016 to 20th of November. 100 million coins were minted during the ICO. A Proof-of-Work algorithm mines the remaining 100 million coins.
Komodo uses Delayed Proof-of-Work technology, which secures transactions & offers Bitcoin-level security to its users. It also lets them elect backups of their own records & insert them into the Komodo main chain. More
here.
Komodo (KMD) Price for TodayCurrently, Komodo (KMD) price is down by 2.53% and it's trading at $1.10 today. The market capitalization of Komodo now stands $121,478,990 million with 110,048,410 KMD in circulation. The 24-hour price movement indicates that $429,497 worth of KMD were trading. The price peaked to $1.14 in the last 24 hours while the lowest price was $1.11. Source:
https://coinmarketcap.com/currencies/komodo/