Komodo is a descendent of Bitcoin, for it has been forked from the ZCash blockchain, which itself was forked from the Bitcoin blockchain. The platform uses zK-Snark technology and adds a delayed proof-of-work consensus mechanism to make Komodo more robust and secure.The project is led by an anonymous developer who goes by the pseudonym JL777. Komodo’s native currency, KMD, was launched in an ICO in February 2017 at a price of $0.10. As of Dec. 18, 2020, KMD is trading at $0.65 with a total market cap of $74.63 million.
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