Komodo Coin (KMD): what is it

The Komodo Coin (KMD) emerged from a spin-off from ZCash. You can find out what the currency is all about in this practical tip.

Komodo Coin cryptocurrency - high anonymity and security

• The Komodo Coin was first issued by SuperNET in February 2017 at a price of $ 0.10.
• Komodo is a fork from ZCash. Since ZCash is based on Bitcoin, Komodo combines the properties of both currencies, so to speak.
• ZCash's Zero Knowledge Proof ensures high anonymity. Depending on the situation, the transaction can be masked up to 100% or made partially transparent.
• Komodo inherited security from Bitcoin. Transactions are validated through the Bitcoin blockchain. A possible attacker would also have to manipulate the Bitcoin blockchain in order to attack the Komodo coin. In addition, a so-called delayed proof-of-work was implemented. Transactions are confirmed by both miners and 64 notary nodes.
• The currency can be mined with both CPUs and GPUs using the Equihash algorithm.