What is Komodo Coin ?

in #cryptocurrency7 years ago

Komodo coin has been valued at more than 2200% since it entered the crypto money market. When we look at the Coinmarketcap order, we see that it takes its place among the first 50 coins according to market volume. The abbreviation for Komodo coin is KMD.



BitcoinDark and Zacash were formed by forking. Komodo offers anonymity in coin, just like mono, bye. Users who want privacy in money transfers use a variety of algorithms to keep them anonymous and to be a target of interest. KomodoCoin users can not be followed 100%. However, we can say that the use is illegal in illegal works. For example, money laundering can be included in crimes.

Komodo coin uses open source cryptography as a komodo block platform to provide a transparent service to present anonymous exchange with custom parameters. This encryption uses the dPoW (proof of work) protocol as well as the block chain of bitcoin.

Komodo is limited to a total of 200 million supplies, of which 90 million are distributed in ico. The komodo platform, which distributed 90 million investors, put 10 million komodo coinide in its own box. A total of 100 million komodo coins have been removed for the time being. The 10 million komodo departed were put on the edge to be used according to their future developments of the coin platform. The Ico period was October 15, 2016 and November 20, 2016, with 2639 BTC funds. Komodo, who has distributed half of the total supply, announced that the remaining komodo coins will be removed by miners. All komodo coins have been produced for a period of 14 years and the total supply is expected to be completed.

The team behind Komodo intends to create a market that is not centralized.