Key metricsKey metrics
PricePrice$1.3581
Asset TypeAsset TypePlatform
StructureStructureFor Profit Company
Project StatusProject StatusWorking Product
OwnershipOwnershipFree
SectorSectorSmart Contracts
IndustryIndustryBlockchain
FoundedFounded6-Jul-1905
Funds raisedFunds raised1.9M
CountryCountryVietnam

Komodo (KMD) Information{coin_name} ({symbol}) Information

Open-Source Infrastructure For An Interoperable Blockchain Ecosystem

The Komodo Platform focuses on providing complete end-to-end blockchain solutions for developers of any level and any industry. It is simple yet powerful, offering customized blockchain solutions that are easy to deploy, and configurable to meet your needs. Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is the only blockchain platform with a multi-chain architecture and the ability to provide each and every external project with independent infrastructure. It is this unique architecture that allows Komodo to host a global, interoperable blockchain ecosystem that’s independently scalable and secured with the power of the Bitcoin network.

OrganizationsOrganizations

Komodo Platform

Triq San Andrija, San Gwann, Sliema SGN 1612, Malta

Questions and AnswersQuestions and Answers

What is Komodo Platform?
Komodo provides multi-chain blockchain technology solutions. Komodo’s multi-chain architecture is unique because it provides a customizable, independent blockchain with independent infrastructure to every project that chooses to build with Komodo’s technology. Whereas other blockchains platforms are merely a single blockchain with support for smart contracts and decentralized applications, Komodo gives each and every project an independent blockchain with the option to support their own smart contracts, tokens, and dApps. Every project that builds with Komodo has the opportunity to create their own blockchain platform.
What is an Atomic Swap?
An atomic transaction is an indivisible and irreducible series of database operations such that either all occur, or nothing occurs. A guarantee of atomicity prevents updates to the database occurring only partially, which can cause greater problems than rejecting the whole series outright. In cryptocurrency this translates to a trustless exchange. Komodo's BarterDEX and HyperDEX dApps use an atomic swap protocol that is blockchain agnostic and allows traders to swap different coins (e.g. convert Bitcoin to Komodo) without exposing your private keys to a third party. This is known as a "peer-to-peer", or "decentralised" exchange.
What is a Z Transaction?
Komodo is a zero knowledge proof blockchain, this provides KMD with a privacy layer. The platform has two types of addresses: 1. T-addresses: public addresses i.e. Bitcoin type ( Known as transparent addresses, start with the letter "R" ) 2. Z-addresses: uses zksnarks to shield transaction data i.e. Zcash type ( Known as shielded addresses, start with the letter "z" ) Note: When we send funds from a T - address to a Z- address, the transactions are shielded. After that same or identical amounts can be transferred back to the T - address. This Process is called Round-trip transactions. Types of transactions that can be made : T- address to Z - address Z- address to Z - address Z - address to T - address How to Perform Z - Transactions In Agama Open Agama Native after Its fully synched Go to receive section, Create Z- address Take Backup of Zaddress Private Keys Send some KMD funds from T - address to Z - address, It takes around 1 - 2 Mins to process the transactions and to confirm your funds In wallet. When you want those funds back, you can send that funds back to T - address, In this way you can shield your transactions, without compromising Privacy. Limitations : Native wallet only helps to get Z- transactions and the Wallet.dat file withholds all the private keys. Neither Electrum nor Agama SPV mode are able to retrieve necessary data for parsing shielded outputs. For this reason it is only recommended to use Native Mode.
What is a seed?
A seed or passphrase is a random string (24 words in Komodo's case) that generates your private keys. One seed generates one set of keys (public and private) in Agama and BarterDEX.
What is Jumblr?
A decentralized native tumbler built into the Komodo Platform ecosystem. Jumblr leverages Komodo’s anonymous (zero-knowledge) features to provide a service that is much more efficient than its centralized counterparts and does not require the users to trust any entity with their coins. So, how does it work? Simple Answer: Through a sequential logic and internal swaps, zk-snarks anonymize Bitcoin/Altcoins through atomic swaps to KMD and back to its original state.
What is a Parallel Chain (Assetсhain)?
A Parallel Chain (often referred to as Assetchain) is a independently created blockchain (by a user, business or any other 3rd party) that inherits all of Komodo's features like BarterDEX compatibility, Zero Knowledge Privacy, dPoW, etc. but also has custom specifications such as the custom coinsupply and custom rpc-port. More custom features are currently in the pipeline to get added. Parallel chains use the delayed proof-of-work-dpow algorithm and thus are as secure as Bitcoin. This makes them the first solution to decentralised tokenization that is as secure as Bitcoin. Some Komodo assetchains include DEX, SuperNET, REVS, Bitcoin Hush and MNZ (Monaize).
What is the difference between addresses that start with "R" and addresses that start with "z"?
Komodo Platform is built upon and extends the Bitcoin protocol. It also uses zero knowledge technology. Addresses which start with "R" behave exactly like Bitcoin's, including their globally public properties and we refer to these as "transparent addresses". Addresses which start with "z" include the privacy enhancements provided by zero-knowledge proofs (pioneered by Zcash) and we refer to these as "shielded addresses". It is possible to send KMD between these two address types.

TechnicalTechnical

Key metricsKey metrics

Source Code Repositories

KomodoPlatform/komodo 64 Stars 528 Contributers 2 Open Issues

Komodo

EconomicsEconomics

Tradeable CoinsTradeable Coins
114,606,006 (100% of total) ({tradeable_of_total} of total)

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance KMD/BTC $1.3525 -0.42% $2,718,265 0.16% 0.97%
Upbit KMD/KRW $1.3792 1.6% $928,066 0.32% 0.63%
Bittrex KMD/BTC $1.3501 -0.59% $326,244 0.41% 0.43%
Binance KMD/ETH $1.3532 -0.36% $212,088 0.35% 0.99%
Bittrex KMD/USD $1.3260 -2.4% $6,559.40 3.6% 11%

Latest Komodo NewsLatest Komodo News

Komodo on Twitter

The Antara Smart Chains are completely independent. That means all Smart Chains have their own consensus rules, decentralized network, and currency. Smart Chains are also modular and customizable, they fit perfectly into any use case. #KMD Read more here: https://t.co/t5ETGvFajm… https://t.co/bTleAR7xwp

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Komodo on Twitter

With the growing range of multi-blockchain technologies, #Komodo’s ecosystem focuses on decoupling services. To reach this goal we are launching the Antara Framework. #KMD #interoperability #sovereignty #blockchain https://t.co/FomsGFzWC1

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Komodo on Twitter

Komodo's $KMD has been added to @cryptocom App. Users can now purchase #KMD at true cost with no fees. #visa #crypto #banking… https://t.co/g5LFeh18L7

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Komodo on Twitter

#Komodo's Antara Framework is the next step in building an open, programmable and interoperable multi-chain ecosystem. #DPoW #Sovereignty #Intreroperability https://t.co/OJYBBaHrel

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Komodo on Twitter

We are hiring! The #Komodo Development Team is looking for an Dart Software Developer with Flutter experience. Read here for more details: https://t.co/YUMnaUGEGy

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Komodo on Twitter

Zero-Day Exploit Found Targeting Crypto-Users It is critical that all Firefox users, whether cryptocurrency users or not, update their browsers ASAP. https://t.co/vDkkmWJ7b2

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PirateChain [Privacy Enabler - $ARRR] on Twitter

??Security Warning!!!?? Firefox and poss. Brave users... You need to update NOW, like yes you, and yes now. This zero day exploit is targeting Crypto Users. A Zero Day is considered 1 of worst types and must be fixed asap for users and devs. https://t.co/mPQfwd8KFt

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Komodo on Twitter

You can now trade $HUSH against $KMD on @graviex_net.…

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ChainZilla.io on Twitter

ChainZilla Whitelabel Blockchain Development - Blockchain and Payment solutions for fintechs building tomorrow’s financial service - https://t.co/H7o517QZte #blockchain #development #whitelabel #chameleonpay #panama #fintech #latam @KomodoPlatform… https://t.co/SJtfU27JS8

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Komodo on Twitter

We believe in a future with millions of sovereign blockchains working together to perform any complex task previously impossible to decentralize. This vision requires sovereign blockchains, otherwise, we will be building decentralized systems on centralized platforms. #Komodo… https://t.co/DJqpzDrgdB

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This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
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