About Komodo (KMD)
Market Capitalization$412.80 million
Coin or TokenCoin
Number of Exchanges8
Official Website (Alt)N/A
Message Board (Alt)N/A
Komodo (KMD) Frequently Asked Questions
What is Komodo?
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. (Description provided by CryptoCompare)
What exchanges can I buy or trade Komodo on?
How do I buy Komodo?
It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Komodo.
Where can I get Komodo wallet?
Komodo produces its own wallet software that is available for download on its website, which allows you to store Komodo on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Komodo?
One Komodo (KMD) is currently worth $3.97 on major cryptocurrency exchanges. You can also exchange one Komodo for 0.00044956 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Komodo in U.S. dollars is $412.80 million.
What hashing algorithm does Komodo use?
Komodo is a dPoW/PoW coin that uses the Equihash algorithm.
How do I mine Komodo?
Komodo can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Komodo and access to a mining pool that pools your effort with other miners and a wallet to store the Komodo that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.
What coins are similar to Komodo?
What is the Reddit page for Komodo?
MarketBeat Community Rating for Komodo (KMD)MarketBeat's community ratings are surveys of what our community members think about Komodo and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Komodo (KMD) Price Chart for Friday, April, 20, 2018
Komodo (KMD) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Komodo. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Komodo Coin" over the last 90 days.
Komodo (KMD) News Headlines