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About Komodo
- Komodo is an open-source technology provider offering all-in-one blockchain solutions.
- Komodo Wallet (formerly AtomicDEX) is a non-custodial multi-coin wallet, crypto bridge, and DEX.
- Komodo Wallet is compatible with 99% of cryptocurrencies and offers the widest cross-chain, cross-protocol trading support.
- Komodo pioneered atomic swap technology in 2016 and offers the first production-ready atomic swap DEX.
- KMD is the community currency for the Komodo ecosystem, used for scalable, fast, cheap, and secure transactions.
- 0.00001 KMD is sufficient for a transaction to be confirmed within a few seconds.
- There
About Komodo Platform
Komodo is an open-source technology pioneer that furnishes comprehensive blockchain solutions for developers and enterprises alike. By crafting innovative technologies, Komodo empowers anyone to seamlessly launch bespoke decentralized exchanges, multifaceted cross-protocol financial applications, and autonomous blockchains.
The project’s flagship end-user application is Komodo Wallet (formerly AtomicDEX), a pioneering, non-custodial multi-coin wallet that seamlessly integrates a crypto bridge and decentralized exchange (DEX) into a single, intuitive app. Notably, Komodo Wallet boasts unparalleled compatibility, supporting an impressive 99% of existing cryptocurrencies, while offering the most extensive cross-chain, cross-protocol trading capabilities of any decentralized exchange.
Komodo Wallet represents the third generation of Komodo’s groundbreaking atomic swap technology, which was first pioneered in 2016 with the implementation of Tier Nolan’s innovative concept. Since then, Komodo has continued to push the boundaries of atomic swap technology, culminating in the industry’s first production-ready atomic swap decentralized exchange (DEX). The DEX feature within Komodo Wallet is built upon a peer-to-peer (P2P) atomic swap protocol, complete with decentralized order books. By leveraging the open-source Komodo DeFi Framework, developers can create cross-protocol DEXs, multi-coin non-custodial wallets, initial DEX offering (IDO) portals, and a wide range of other decentralized applications.
KMD serves as the community currency for the Komodo ecosystem, facilitating scalable, rapid, cost-effective, and secure transactions. Typically, a mere 0.00001 KMD is sufficient to ensure swift confirmation of a transaction within mere seconds. As one of the most actively traded pairs within Komodo Wallet, KMD also offers a 10% trading fee discount for taker orders when exchanging it for another cryptocurrency.
Komodo is the pioneering force behind delayed Proof of Work (dPoW), the industry’s gold standard for 51% attack security networks. Leveraging Litecoin cross-notarizations and bolstered by a robust notary node network, dPoW presently safeguards over 30 production blockchains. Additionally, Komodo boasts its own native, multi-chain blockchain network, empowering users to launch independent blockchains, dubbed Komodo Smart Chains (KSCs), which operate autonomously from the KMD chain. Each KSC is accompanied by its own cryptocurrency, featuring zero gas fees and fully customizable parameters. Furthermore, Komodo offers Komodo Custom Contracts (CCs), a comprehensive library of UTXO-based smart contracts, designed to facilitate the creation of sophisticated decentralized applications (dApps) on KSCs.