|Brief||KMD is the most integral currency in the Komodo ecosystem. With every new technology we build, we seek to tie its usefulness to KMD. Any Komodo wallet address that has at least 10KMD will be eligible to receive 5%/12 (0.417%) monthly reward by participating.|
|Last updated:||Monday, October 14, 2019 4:58:03AM UTC|
|Current price, USD:||0.611|
|Current price, BTC:||0.0000733|
|Market capitalization, USD:||71 075 679|
|Available supply:||116 390 819 KMD|
|Volume 24 hours, USD:||2 655 484|
General KMD facts, technical details and general information about Komodo crypto currency
KMD is the most integral currency in the Komodo ecosystem. With every new technology we build, we seek to tie its usefulness to KMD. Any Komodo wallet address that has at least 10KMD will be eligible to receive 5%/12 (0.417%) monthly reward by participating.
Komodo is specifically the main form of payment necessary to execute and initiate the Delayed Proof of Work (dPOW) security technology. KMD has built-in privacy features, allowing users to anonymize their funds for purchases, crowd sourcing, and trading on BarterDEX.
All fees which are paid on BarterDEX are transferred back into Komodo, increasing the overall liqudity for Komodo and all other coins. KMD will also be the fuel for our future language-agnostic smart-contract technology, which is currently in development.
We list daily Komodo historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 05||0.612||0.597||0.62||70 133 881|
|Oct 06||0.604||0.596||0.613||69 730 409|
|Oct 07||0.598||0.594||0.64||72 103 004|
|Oct 08||0.619||0.608||0.637||73 409 302|
|Oct 09||0.632||0.598||0.638||70 683 901|
|Oct 10||0.605||0.586||0.605||69 098 091|
|Oct 11||0.656||0.618||0.656||73 524 978|
|Oct 12||0.623||0.604||0.635||70 728 338|
|Oct 13||0.610||0.599||0.61||70 459 095|
|Oct 14||0.602||0.602||0.612||71 075 679|
|KMD price change 24 hours||0.65%|
|KMD price change 7 days||1.55%|
If there's one blockchain project that ranks high on my list, it's definitely KMD. This coin is a fork of course, but it's original blueprint is that of Bitcoin's network. KMD is really reliable and a overall awesome project. The devs never keep the community guessing and they are always up front. If you're looking for a project with actual substance, then look no further than KMD.
Komodo has been on of those projects that I always speak highly of, but never buy it for some odd reason. It's so strange because KMD is such a solid project, yet I'm not knee deep in it. KMD is potentially one of the most secure blockchains besides bitcoin. This is because komodo uses delayed proof of work, which anchors its own blockchain onto that of bitcoins. This means that hackers would need to compromise BTC to compromise KMD. We all know this is economically impossible because it would require a sucessful 51% hack. No amount of money in the world could buy that much bitcoin.
Komodo blockchain is a revolutionary platform because it offers us a place to build our own blockchains based on their network. The idea of building an block chain that is secured by DPoW should sound appealing to many developers. The fact that a malicious actor would need to compromise the Bitcoin network to then attack the Komodo network is fascinating. There are so many projects ahead of it on CMC that are basically worthless. Why isn't KMD a top 10 coin?
I am not satisfied with the high bar that the ICO might be trying to achieve. Because the banal altcoins market is too weak to digest such money even with the help of Polonex. There is now acutely felt the outflow of capital in all forks after the collapse of DAO / ETC origin. And now the value of high-tech and innovation fades into the background.
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