What is Komodo (KMD)? Komodo is a decentralized cryptocurrency with an open source code. It contains the best properties of such digital currencies as Bitcoin and ZCash. The special feature of Komodo is using Bitcoin blockchain for checking operations inside the network.
It was created as the safest currency which is focused on safety and anonymity and based on the unique protective algorithm. Thus, Komodo combines all the advantages of traditional cryptocurrencies.
Komodo came to the crypto market in November 2016. The team of creators preferred to be anonymous and decided to use usernames without any photos and other personal information. The main founder was a famous user inside of the crypto world and his nickname was jl777. Founders succeeded in integration of Zcash confidentiality and Bitcoin security protocol. The mission of Komodo is to create a new standard of anonymity and protection of cryptocurrencies. The original method was applied during the creation of Komodo – delayed proof of work (dPow) – the mechanism of agreement. Thanks to this method, blocks of Komodo coin are notarized through Bitcoin blockchain and Equihash protocol is used as a base of tokens. Komodo system is a part of a big SuperNET project which is going to be a free vpn-app.
Let’s say you want to buy Komodo. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy KMD.