Komodo Profile (KMD)
Project Safety Score
Fri, Mar 29, 2024 4:15 AM
| Market Cap | $35,328,854.72 | |
| Market Dominance | 0.003 | |
| 24hr Volume | $1,302,429.83 | |
| Price | $0.2599 |
Komodo
token
BNB Smart Chain (BEP20)
Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry. In reality, most blockchain platforms today are but a single blockchain that offers support for smart contracts and decentralized applications. This model forces all projects to share the same infrastructure, leading to congestion, increased transactions fees, and stifled growth. Whereas other blockchain platforms employ a single, shared-blockchain model, Komodo’s federated multi-chain architecture provides each and every external project with independent infrastructure and a dedicated blockchain. This multi-chain design is what makes Komodo unique among blockchain platforms. Each project is given the opportunity to create their own blockchain ecosystem via Komodo’s infinitely scalable infrastructure. Komodo’s tech enables seamless cross-chain interoperability among all federated blockchains. Every blockchain built with Komodo is also connected to 95% of chains outside the federation via atomic swap technology. Future plans are in place for blockchain bridging support, which will create cross-chain fungibility throughout the entire blockchains industry. Moreover, with Komodo’s architecture, multiple blockchains can sync up and function as a single chain. If one chain is not meeting performance needs, additional chains can be added to form a blockchain cluster. A blockchain cluster boosts performance linearly without inflating coin supply or devaluing the currency. The Komodo ecosystem is not only scalable and interoperable, it’s also secured with the power of the Bitcoin network. This is accomplished with a series of cross-chain notarizations that store a blockhash onto the Bitcoin ledger every ten minutes, providing protection from 51% attacks. Join Komodo as we continue to accelerate the global adoption of blockchain technology.
Read more in the whitepaper:- Platform
- Atomic Swaps
- Blockchain Platform
- Enterprise Solutions
- Smart Contract Platform
- BNB
- BNB Smart Chain (BEP20)
- Privacy
- Mineable
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Komodo News
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More sharks, endangered rays
Sun, Sep 5, 2021 5:19 AMSharks and the worlds rays have seen their population decline since 2014 and more and more are now t...
read more... -
Tuna bounce back, but sharks in 'desperate' decline
Sun, Sep 5, 2021 12:59 AMTuna are starting to recover after being fished to the edge of extinction, scientists have revealed....
read more... -
Komodo Dragons, Two-In-Five Shark Species Face Extinction: Watchlist
Sat, Sep 4, 2021 12:58 PMTrapped on island habitats made smaller by rising seas, Indonesia's Komodo dragons were listed as "e...
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Komodo dragon, 2-in-5 shark species lurch towards extinction
Sat, Sep 4, 2021 12:53 PMTrapped on island habitats made smaller by rising seas, Indonesia's Komodo dragons were listed as "e...
read more... -
Rising sea levels endanger Komodo dragon
Sat, Sep 4, 2021 12:44 PMRising sea levels due to global warming are set to shrink the habitat of the Komodo dragon, the worl...
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