- Based on bitcoin dark and Zcash principles
- A new mining algorithm, dPoW (delayed Proof of Work), uses bitcoin network hash power
- Anonymous team, but the main developer is well-kinown in the community and has frequently worked with the Super.NET project
February 21, 2016
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
While other coins battle to stand out in a crowded market, Komodo is happy to hide in the shadows. KMD is a privacy coin with a firm focus on decentralization.
It’s much more than a vanilla crypto coin, though, hosting dApps and a decentralized exchange. Komodo KMD is built for those who like to stay underground, and it has a solid foundation of tech to appease its demographic.
KMD uses a delayed Proof-of-Work algorithm to stay lean and let average computer and server users compete against ASIC rigs for mining.
KMD is developing a decentralized crypto exchange that will enable atomic swaps directly from user wallets, eliminating the need for middlemen.
Its open-source nature makes Komodo a Linux-like blockchain that’s sure to maintain value among its core users and tech-savvy investors.
With these pieces in place, Komodo is poised to remain in the shadows of more popular coins. It may not fail during a bubble crash either, however. With solid trading options and an emphasis on privacy, KMD is sure to be used as a currency, even if only in the dark web, for years to come.
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