Its initial purpose, which remains unchanged to this day, was to provide users with a single central hub through which they could manage all of their personal media.
In 2014, XBMC, which had long since branched out down its own software fork, finally rebranded itself and the term Kodi emerged. By this point, it was also available as an app on a wide variety of different operating systems including iOS, MacOS, Android, Linux, and Windows.
It can also bring media files from all of your online devices together and make them available across everywhere. With Kodi installed on all your devices, any audio or media file, and even photo files, are available on the other devices in your media network. Kodi is also able to both stream and record live TV, and with the addition of electronic program guides, and smartphone apps, can also allow users to turn their smartphone into a TV remote.
Of course, it also runs on a Raspberry Pi so many folks have that as their main media station setup. One device it does not run on though is anything with iOS on it thanks to Apple's vetting processes.
See What is Kodi? Is it Legal? Is it safe to use?
If you've only heard about Kodi in passing, you may know that it's a way to stream videos online, but that it comes with certain cybersecurity risks. But