Komodo Wallet

Petunjuk is a pocket solution developed by SuperNet project the industry company received by Komodo. It facilitates a wide variety of cryptocurrencies. Although there is various ways to store the particular Komodo cryptocurrency, KMD, Petunjuk is the formal wallet developed by Komodo developers. The particular wallet has an swap features where users could convert in between cryptocurrencies within the wallet. Trades between cryptocurrencies are caused via atomic swaps which means there is no need for the third party. This is a very interesting feature for a few users who also advocate with respect to true decentralization. There are also zero fees connected with atomic trades which is a as well as. The pocket can also be used with respect to staking KMD where customers who risk earn recently minted KMD.

Typically the wallet is certainly hierarchical deterministic and consumers are in control over their own non-public keys. Using users in charge of their own non-public keys, they will essentially must run a client. There are a few modes available, two where a full backup of the blockchain is stored and the various other relies on decentralized nodes to acquire the information in the blockchain. Typically the wallet is lacking in multi-signature optionality and consumers also are struggling to enable two-factor authentication.

Komodo is a relatively recent project therefore a lot of the technologies applied within the Agama budget will still be within an experimental stage. It has a few advantages key variations when compared to regular competitor purses but the task has failed to achieve wide usage yet therefore remains unproven.