Komodo Kmd Price USD

Komodo is an open-source technology company that offers developers and businesses all-in-one blockchain solutions. Komodo makes technologies that let anyone start their own branded decentralised exchanges, cross-protocol financial applications, and independent blockchains. AtomicDEX is the most important end-user app for this project. It is a non-custodial multi-coin wallet, bridge, and DEX all in one. AtomicDEX works with 99% of all cryptocurrencies and has the most trading options across chains and protocols of any decentralised exchange.

Komodo's atomic swap technology is used for the third time in AtomicDEX. The first time that Komodo used Tier Nolan's idea of atomic swap technology was in 2016. Since then, Komodo has kept pushing the boundaries of atomic swap technology and now has the first atomic swap DEX that is ready for production. AtomicDEX is made with a peer-to-peer (P2P) atomic swap protocol and order books that are not kept in one place. Developers use the open-source AtomicDEX API to make cross-protocol DEXs, multi-coin non-custodial wallets, initial DEX offering (IDO) portals, and other decentralised applications.

Komodo made delayed Proof of Work (dPoW), which is the best 51% attack security network in the industry. Litecoin cross-notarizations and a network of notary nodes power dPoW, which is used to protect more than 30 production blockchains right now. Komodo also has its own native multi-chain blockchain network. Anyone can start a Komodo Smart Chain (KSC), which runs separately from the KMD chain.

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