Komodo (KMD) targets $9.097 while having -11.08% drop during a day

January 14, 2018 - By Linda Rogers

Komodo (KMD) had a bad 24 hours as the cryptocurrency declined $-1.03 or -11.08% trading at $8.27. According to Global Cryptocoin Experts, Komodo (KMD) eyes $9.097 target on the road to $17.7231288207314. KMD last traded at HitBTC exchange. It had high of $10.76 and low of $8.04 for January 13-14. The open was $9.3.
Exchange Buy Sell KMD At Best Rate

BUY – SELL – EXCHANGE Komodo (KMD) AT BEST RATE About 4,237 KMD worth $42,160 traded hands.

Komodo (KMD) is up 79.78% in the last 30 days from $4.6 per coin. Its up 342.25% in the last 100 days since when traded at $1.87 and the annual trend is up. 200 days ago KMD traded at $1.84. KMD has 103.95 million coins mined giving it $859.70M market cap. Komodo maximum coins available are 200.00M. KMD uses Equihash algorithm and dPoW/PoW proof type. It was started on 01/09/2016.

Komodo is a privacy-centric cryptocurrency that combines the anonymity of ZCash with the security of Bitcoin. Using a new consensus mechanism developed by the Komodo team delayed Proof of Work Komodo blocks can be notarized using the Bitcoin blockchain. KMD is issued through an Equihash-based PoW protocol and the new block information is sent to pre-voted notary nodes. These nodes insert the Komodo block information on the BTC blockchain by creating a custom transaction. This system ensures that in order to hack komodo one would have to rewrite both chains.

Komodo uses Zero Knowledge Proofs to provide 100% anonymous transactions that are now secured with Bitcoin’s hash rate.

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