Komodo is a peer-to-peer cryptocurrency that aims to be both secure and fully-featured. As a Zcash fork, Komodo has the ability to run both transparent and private transactions. In private transactions, the zk-SNARKs protocol hides nearly all information of the transaction, including the sender, recipient, and the amount sent. Komodo has also attached itself to the Bitcoin blockchain, allowing its transactions to be notarized in the Bitcoin blockchain while still being able to mine its own transactions independently. It uses a delayed proof-of-work consensus mechanism. Other assets and blockchains can be built on the Komodo blockchain which provides them with Bitcoin’s stability without the high transaction fees. Komodo (KMD) is the token that will be used to pay transaction fees and reward miners.