Written by KomoDeFi Editorial Team on August 7, 2022

Permissionless blockchain security, Komodo $KMD switch to proof of stake & death knell for crypto conditions

Crypto Conditions was the 2019 innovation from Komodo (jl777 & libscott) that enabled consensus layer smart transactions & contracts. Mike Toutonghi, Microsoft Engineering Fellow, took this toolkit to new innovative levels with Verus introducing a decentralized identity & more. The onboarding of other developers has stagnated from few to nearly double whilst the EVM world has become the defacto standard, and the update of blockchain security is not a priority for newer projects. The time to re-invent is here for the Komodo project.

References: https://discord.com/channels/412898016371015680/429676131726262273/964650021356200017

https://discord.com/channels/412898016371015680/429676131726262273/964536421836816395

https://discord.com/channels/412898016371015680/429676131726262273/964658737027629126

https://discord.com/channels/412898016371015680/429676131726262273/964702447807377508

https://discord.com/channels/412898016371015680/429676131726262273/964724141045448835

https://discord.com/channels/412898016371015680/429676131726262273/964866133704470538

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