Komodo to Release Wallet Desktop Update on December 13th
Komodo is set to release an upgrade for its desktop wallet. The new version, v.0.7.0, is scheduled to be launched on December 13th.
Refer to the official tweet by KMD:
🦎 Komodo@KomodoPlatformDis 06, 202310/12 How This Impacts End-Users Pt. 3
Komodo Wallet (desktop) — Users must upgrade to the latest app release — v0.7.0.
The release is expected to go live on December 13th.
KMD Info
Komodo (KMD) is an open platform for cryptocurrencies that offers a comprehensive set of tools for blockchain development.
Komodo offers the following features:
Decentralized Exchange: Komodo's AtomicDEX provides a secure means of exchanging cryptocurrencies without the need for a centralized exchange.
Anonymity: Komodo utilizes zk-SNARK technology to ensure transaction anonymity and confidentiality.
Security: Komodo employs a mechanism called "Delayed Proof of Work" (dPoW) as its consensus algorithm. This means that data from the Komodo blockchain is regularly recorded on the Bitcoin blockchain for an additional layer of security.
Smart Contracts: The Komodo platform supports the creation and execution of smart contracts.
Sharding: Komodo utilizes sharding technology to ensure scalability of its network.
At the core of the Komodo (KMD) coin is an active use mechanism. KMD holders can earn up to 5% annual interest for holding the coin in their wallets.