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What is Komodo (KMD)?

Komodo (KMD) is a decentralized, open-source cryptocurrency launched in September 2016. It has evolved from BitcoinDark (BTCD) and is developed by the same developer (“jl777”), but the underlying software was forked from Zcash and the new cryptocurrency runs on the SuperNET platform, using SuperNET’s infrastructure and software applications. Focusing on privacy and anonymity of transactions, Komodo deploys a “delayed proof-of-work” (dPoW) consensus mechanism which relies on pre-voted notary nodes and which is secured by the Bitcoin (BTC) network. It uses Zcash’s “zero knowledge proof” to (optionally) make transactions anonymous and untraceable.