Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Cryptoknowmics 2022-03-22 07:00:55

What is Komodo (KMD)?

Komodo (KMD) is a decentralized, open-source end-to-end blockchain and cryptocurrency platform that allows developers from any industry to perform transactions anonymously. Its secure ecosystem is cheaper than Bitcoin, so it attracts small businesses and start-ups at an affordable price. In 2014, an unknown organization led by someone going by the alias JL777 forked Zcash to create the Komodo platform. Komodo is a fresh addition to the enormous cryptocurrency market. It was created to help blockchain entrepreneurs and typical crypto investors. As a result, the community has made a hopeful and enthusiastic gesture. And we do business in a secure environment. What is a Komodo coin? Komodo Coin, often known as Komodo (KMD), is a privacy-focused decentralized cryptocurrency that promises to be safer, faster, and easier to use thanks to its own ecosystem. It is said to combine Bitcoin’s security and Zcash’s anonymity. It works on the basis of Deferred Proof of Work. Komodo is a revolution The Delayed Proof of Work (dPoW) technology is used in Komodo blockchain systems. This is an example of zero-knowledge proof in action. Below is a more detailed explanation – ZCash – It is a cryptocurrency that operates on the zk-SNARK technology. This zero-knowledge proof ensures that any cryptocurrency’s privacy, anonymity, and fungibility are preserved. Komodo also employs this protocol for private transactions. Delayed Proof of Work (dPOW) – T...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.