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Komodo (KMD) Statistics

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Komodo

KMD

0.91510410
Price (USD)
21.80%
24h Change
0.00025294
Price (BTC)

Cryptocurrency Information

All-Time High USD
11.5388
Since All-Time High Change
-92.12%
All-Time High Date
2017-12-22

Marketcap (BTC)
28,091.17560616
Marketcap (USD)
101,702,029.02

24h Volume (USD)
13,497,406.31

7d Change
43.56%
14d Change
40.42%
30d Change
32.88%

Circulating Supply
111,860,160
Total Supply
200,000,000

Influence Statistics

Alexa Rank
262903
Facebook Likes
15615
Twitter Followers
94914

What is Komodo?

Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry.

In reality, most blockchain platforms today are but a single blockchain that offers support for smart contracts and decentralized applications. This model forces all projects to share the same infrastructure, leading to congestion, increased transactions fees, and stifled growth.

Whereas other blockchain platforms employ a single, shared-blockchain model, Komodo’s federated multi-chain architecture provides each and every external project with independent infrastructure and a dedicated blockchain.

This multi-chain design is what makes Komodo unique among blockchain platforms. Each project is given the opportunity to create their own blockchain ecosystem via Komodo’s infinitely scalable infrastructure.

Komodo’s tech enables seamless cross-chain interoperability among all federated blockchains. Every blockchain built with Komodo is also connected to 95% of chains outside the federation via atomic swap technology. Future plans are in place for blockchain bridging support, which will create cross-chain fungibility throughout the entire blockchains industry.

Moreover, with Komodo’s architecture, multiple blockchains can sync up and function as a single chain. If one chain is not meeting performance needs, additional chains can be added to form a blockchain cluster. A blockchain cluster boosts performance linearly without inflating coin supply or devaluing the currency.

The Komodo ecosystem is not only scalable and interoperable, it’s also secured with the power of the Bitcoin network. This is accomplished with a series of cross-chain notarizations that store a blockhash onto the Bitcoin ledger every ten minutes, providing protection from 51% attacks.

Join Komodo as we continue to accelerate the global adoption of blockchain technology.