Description: Komodo is an open, composable multi-chain platform. With blockchain development roots going back to 2014, Komodo is consistently recognized as a pioneer of multi-chain architecture in the blockchain space.
Today, Komodo focuses on providing business-friendly blockchain solutions that are secure, scalable, interoperable, and adaptable. Komodo’s current technology suite, the Antara framework, offers tools for end-to-end blockchain development, including a customizable, application-specific Smart Chain complete with a library of built-in modules and an open API for building blockchain-based applications.
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Technical features: The nature of mining in the Komodo ecosystem serves as an incentive to motivate the notary nodes to perform their job well. This setup is also a principle method by which the Komodo ecosystem dramatically reduces the overhead costs necessary for it to function. Portions of the mining rewards are available not just to the notary nodes, but also to all members of the Komodo ecosystem, through various means. The Komodo network on a surface-level is a minable network, like other PoW networks. Any technically savvy user can activate a device capable of mining the Komodo network, and thereby process users’ transactions, mine blocks, and receive rewards. For these miners, the Komodo protocol functions in almost the exact same manner as the Bitcoin blockchain’s mining rewards function.