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Cryptocurrency News Articles

Komodo (KMD) Will Host a Community Call on Discord on August 22nd at 15:00 UTC

Aug 21, 2024 at 01:46 am

Komodo will host a community call on Discord on August 22nd at 15:00 UTC. The purpose of this meeting is to update the community on the latest developments and to gather their feedback.

Komodo (KMD) Will Host a Community Call on Discord on August 22nd at 15:00 UTC

Komodo (KMD) will be hosting a community call on Discord on August 22nd at 15:00 UTC. During this meeting, the latest updates will be shared with the community and their feedback will be gathered.

Here's the official tweet by KMD:

KMD Info

Komodo (KMD) is an open platform for cryptocurrencies that offers a comprehensive set of tools for blockchain development.

Komodo offers the following features:

Decentralized Exchange: Komodo's AtomicDEX provides a secure means of exchanging cryptocurrencies without the need for a centralized exchange.

Anonymity: Komodo utilizes zk-SNARK technology to ensure transaction anonymity and confidentiality.

Security: Komodo employs a mechanism called "Delayed Proof of Work" (dPoW) as its consensus algorithm. This means that data from the Komodo blockchain is regularly recorded on the Bitcoin blockchain for an additional layer of security.

Smart Contracts: The Komodo platform supports the creation and execution of smart contracts.

Sharding: Komodo utilizes sharding technology to ensure scalability of its network.

At the core of the Komodo (KMD) coin is an active use mechanism. KMD holders can earn up to 5% annual interest for holding the coin in their wallets.

Original source:tradingview

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