![]() ![]() ![]() The KMD cryptocurrency is used to provide users with secure and scalable economic transactions.Įarlier this year, the Komodo project tried to revive the token, now forgotten by crypto investors, by implementing a mechanism to make the coin deflationary through a system similar to Bitcoin’s halving in which the reward of block validation is reduced. KMD represents the community token of the Komodo ecosystem and its crypto wallet, which has now been integrated with Atomic DEX in an effort to unify its products. We remain waiting to see how this promising entity will evolve and whether it will be able to carve out a place for itself among the big boys in the industry. ![]() The project has an ambitious roadmap for the coming months, with updates including the integration of the Lightning Network for Bitcoin, the introduction of an NFT project, and the implementation of a new platform for cross-chain swaps. We are confident that Komodo Wallet will set a new industry standard as the ultimate non-custodial wallet, crypto bridge, and cross-chain decentralized exchange (DEX) all in one application.” By consolidating all of our brands under the Komodo SDK, we are poised to unlock new opportunities and drive greater adoption of decentralized technologies. “Brand unification represents a pivotal moment in Komodo’s history and encapsulates our vision for a decentralized future. Regarding the news, Komodo’s CTO Kadan Stadelmann said that: ![]() In detail, Komodo is now preparing to welcome the next wave of users to join the particular world of decentralized finance, with the goal of providing a secure and decentralized operational base for cryptocurrency exchanges on blockchain.Ĭross-chain, non-custodial, open-source, #secure, and #decentralized #crypto swaps for everyone □- ⚛️ AtomicDEX July 7, 2023 The team’s decision to include both the decentralized application and the crypto wallet under the one name stems from a desire to simplify the perception of its products in the end user’s eye by making the platform itself cleaner and more intuitive. a bridge with cross-chain exchange capabilities.In this way, Komodo wallet will serve as a single application that includes: The blockchain service provider has also decided to convert the “Atomic DEX API” to the “Komodo DeFi framework” providing the ultimate solution for developers wishing to launch DeFi applications such as unattended wallets, cross-chain DEX, IDO portals or all-in-one solutions.Īs such, all products will now be integrated under the unified “Komodo SDK” brand and all content will be grouped within the web domain. Komodo is a leader in the context of blockchain interoperability through its flagship application Atomic DEX, which was recently rebranded “Komodo wallet.” Komodo crypto wallet allows users to hold assets on different blockchains such as Komodo smart chatin, Ethereum, Binance Smart Chain, Polygon and Avalanche, with a convenient bridge solution. To use this wallet version, it is necessary to agree to terms and conditions of the platform, download a seed phrase that is provided automatically and choose a personal password for access. The Komodo crypto wallet is simply a decentralized non-custodial solution for users in the crypto world who wish to store their cryptocurrencies in a different place from centralized exchanges such as Binance and Coinbase. Komodo crypto wallet and the unification with Atomic DEX Komodo crypto wallet and the unification with Atomic DEX. ![]()
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