Komodo News

Komodo is a decentralized, open-source blockchain that uses the Equihash algorithm, a delayed proof-of-work consensus mechanism. Komodo’s goal is to provide an end-to-end solution for blockchain applications, including a platform for initial coin offerings ( ICOs), atomic swaps and a decentralized exchange (DEX). 

The native currency of the Komodo platform is KMD, which can be used to pay for transaction fees, create DApps and vote for Notary Nodes (dedicated servers).

Komodo also aims to help developers carry out transactions while remaining anonymous. The Komodo blockchain claims to facilitate interoperability, security and flexibility in blockchain-based business solutions.

A backup of the Komodo chain is recorded on the Bitcoin network every 10 minutes, a feature made possible by 64 dedicated servers, or Notary Nodes. Such a safeguard ensures that changes won’t be accepted in the event of a hijack, as the Bitcoin network backups won’t reflect them.

Altcoin Watch
KMD’s price surged after the project added support for 13 blockchain networks and announced plans to launch an NFT collection.
Komodo (KMD) rallies 54% after major push to expand interoperability with AtomicDEX
Jordan Finneseth
2022-02-21T22:30:00+00:00
4748
News
The AtomicDEX API claims to be compatible with 99% of cryptocurrencies in existence.
Komodo to introduce 12 blockchain protocols in the next version of AtomicDEX
Zhiyuan Sun
2022-01-12T16:00:00+00:00
6091
Altcoin Watch
A surge in user activity and new token listings allowed WRX, PRE and KMD to shake off the week-long crypto market downturn and post double-digit gains.
WazirX, Presearch and Komodo rally after data shows a surge in user activity
Jordan Finneseth
2021-12-02T21:09:10+00:00
5093
News
Privacy coins are quietly being relegated to the fringes of the Blockchain space.
Australian exchanges delist privacy coins amid Chainalysis integration
Michael Kapilkov
2020-08-25T19:08:06+01:00
10840
News
Security for mobile decentralized exchange usage depends on several factors.
Is Mobile Decentralized Exchange Trading Riskier? Komodo's CTO Says Not Necessarily
Benjamin Pirus
2020-06-24T22:30:13+01:00
3122
News
US government decides to foster 5G and IoT technologies over defense lobby’s objections.
Controversial Decision by US Gov Could Lead to Mobile Blockchain Development
Michael Kapilkov
2020-04-16T22:00:00+01:00
2960
News
Little-known multi-chain architecture project, Komodo (KMD), saw 102% growth against the dollar over the past month, after plunging 75% one month previous.
This Altcoin Has Thrived Amid Global Lockdown, Seeing 102% Growth in 28 Days
Greg Thomson
2020-04-14T21:33:00+01:00
13433
News
Komodo developers claim that it has created an implementation of its AtomicDEX that runs a full P2P node in the user’s web browser.
Komodo’s AtomicDEX Exchange Runs a P2P Full Node in Your Web Browser
Adrian Zmudzinski
2019-12-06T14:51:00+00:00
4624

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