Komodo KMD

Komodo is an open-source technology workshop that focuses on advancing freedom through blockchain innovation. It has produced several robust open-source technologies, including the Komodo DeFi Framework, delayed Proof of Work (dPoW), UTXO smart contracts (CC modules), and nSPV. Komodo Wallet is the flagship end-user application that has emerged from the Komodo Workshop, offering a secure wallet and non-custodial decentralized exchange. However, there have been various pivots and rebranding efforts over the years, leading to a diverse understanding of what Komodo is all about.

Komodo offers a unique feature called a smart chain, which sets it apart from other cryptocurrencies. A smart chain allows users to create their own independent blockchain within the Komodo ecosystem, with its own set of rules and features. This enables businesses and developers to customize and tailor their blockchain solutions to their specific needs, without the need for extensive technical knowledge or starting from scratch. Additionally, Komodo's decentralized exchange allows for direct trading from users' wallets, eliminating the need for centralized parties and increasing security. These features contribute to Komodo's goal of empowering individuals and businesses to create their own blockchain solutions and participate in the decentralized economy.