Komodo (KMD) is a cryptocurrency made by an anonymous development group known as SuperNET, founded by JL777 in 2016. It is a decentralized blockchain platform that allows transparent anonymous, private and fungible transactions. It also boasts a decentralized ICO (dICO) platform and a decentralized exchange (DEX).

Launched through an ICO in 2016, Komodo was forked from ZCash and retains the Zk-Snarks and Zero-Knowledge Proof technology which allows users the option to obfuscate transaction details or keep them completely anonymous and private. The SuperNET team are focused on interoperability and are doing this via their DEX known as BartDEX. The DEX uses Atomic Swap Technology which allows users to exchange any cryptocurrency that is connected to the BartDEX via secure peer-to-peer transactions. This is a growing technology that allows users to keep hold of their own coins via secure connections between blockchains.

Komodo uses a novel Delayed PoW consensus model. This mechanism helps to shorten the blockchain and improve processing speed as it archives older blocks in an efficient manner which is always ready for future reference. It does this by writing KMD Hashes to the BTC blockchain, thus taking advantage of the security provided by the Bitcoin blockchain.

The Komodo dICO platform allows developers to launch transparent ICOs whilst maintaining the privacy of the investors. This is important as ICOs hosted today are completely publicly which means that investors within the project are traceable via blockchain forensics. The platform will allow developers to launch completely customisable blockchains that are capable of being anonymous with the choice of either PoW or PoS consensus modes.

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