This article was first published on Komodo
Komodo is the world’s most advanced multi-chain platform. With a unique multi-chain architecture, Komodo gives every project an independent blockchain with its own decentralized network and its own coin.
Blockchains created with Komodo’s technology are also fully customizable. This allows each project to build the blockchain solution that fits their individual needs. This post will explain the 18 different ways you can customize your blockchain with Komodo.
Independent Blockchains vs. Smart Contracts
Before we dive into the 18 customizable options, it’s important to fully understand what it means to launch an independent blockchain with Komodo.
When you launch a blockchain with Komodo, you have the same level of autonomy as if you were to code your own blockchain from scratch or fork an existing blockchain, plus you have the option to use Komodo’s Custom Consensus framework to program dApps and host smart contracts natively.
If you choose to make a Proof of Work chain, then it will be mineable. If you choose to make a Proof of Stake chain, then it will be stake-able. Either way, anyone in the world can choose to join your network to earn block rewards, contribute to the decentralization of your ledger, and increase your network’s security.
Just like any other blockchain, each blockchain launched with Komodo’s technology has its own coin and an independent network. The network determines the validity of every transaction and block. Blocks are mined according to the chosen consensus rules. Blockchains launched with Komodo’s technology are not tied to the Komodo blockchain or network in any way.
While launching a blockchain with Komodo’s technology offers the independence and autonomy that normally comes with coding a blockchain from the ground up or forking an existing blockchain, it is far easier and faster than either of these options. A blockchain can be ...
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