Komodo (KMD) Wallet

Access or download the Magnum Wallet app with Komodo (KMD) support. Magnum is an ultimate crypto wallet supporting more than 60 different blockchains, providing advanced features such as passive income, built-in exchange, hardware wallets support, etc. In Magnum, you have full control over your private keys.

CREATE KOMODO WALLET

Wallet Features

Claim Airdrops

The easiest way to catch up
on missed airdrops and forks

Manage Coins

Send, receive and exchange
your crypto assets

Instant Exchange

Swiftly exchange your coins
and tokens at low rates

Decentralized

Magnum does not have any access
to your private keys

Truly Light

None of your personal information is
saved in the wallet at any time

Komodo – a Secure and Feature-Rich ICO Platform

What is the Komodo Platform?

Komodo is a global, interoperable blockchain ecosystem that provides some of the most innovative end-to-end blockchain technology solutions in the world. Founded by the anonymous James “jl777” Lee in 2016, Komodo began as a hard fork of ZCash, and in 2018, the entire BitcoinDark team joined the project, taking their user base along to Komodo’s native cryptocurrency.

Security first

There are four main technologies driving this platform, and each is described in arguably the most in-depth whitepaper in the crypto world. One of them is Komodo’s security mechanism called delayed Proof-of-Work (dPoW). Its backbone lies in having 64 elected “notary” nodes regularly back up each block’s hash in Bitcoin’s public ledger, thereby making every transaction completed before that protected with the power of the BTC hash rate. Notary nodes can also move on to another blockchain if Bitcoin’s hash is ever compromised. Additionally, there are regular miners that only work within the Equihash algorithm.

Taking it further

Another revolutionary product is BarterDEX, a decentralized exchange that is powered by Komodo’s own implementation of atomic swap. This allows funds to be exchanged directly without the need for a third party. The technology is also used in Jumblr, which develops on the concept of zk-SNARKs, a variant of zero-knowledge proofs, and enables users of any cryptocurrency in the Komodo ecosystem to anonymize their funds. Both BartexDEX and Jumblr open up unprecedented opportunities for starting a truly decentralized initial coin offering (dICO) by enabling the entrepreneur to release a blockchain product beyond the reach of a third-party influencer and avoiding issues related to hackers, whales, and human error.

Where to store Komodo?

Whether you are a security expert or a brand new user, with our Magnum Wallet you can manage and exchange your KMD securely and efficiently. Magnum Wallet offers a fully decentralized way with which only you can control your private keys and funds.