$KMD is the ticker symbol for Komodo, a cryptocurrency focused on providing private, secure, and scalable transactions. It was launched in 2016 and aims to provide an interoperable blockchain platform that enables secure transactions across different blockchains. Komodo leverages various technologies like zk-SNARKs proofs to enhance privacy and anonymity in transactions.

Komodo also features a decentralized exchange (Komodo DEX and offers features like atomic swaps, which allow users to exchange different cryptocurrencies without needing a trusted third party. The platform's consensus mechanism uses a combination of Proof of Work and Proof of Stake elements, ensuring both security and scalability.

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