The Komodo platform gives birth to yet another exciting project, clearly drawn in by the robust technology offerings. Taking into consideration Zaddex is to be a hybrid dex built on the pillars of safety, security and support, Komodos technology seemed an obvious choice.
Zaddex Exchange plans to combine 24/7 support and service, yet the trader controls their own keys. Put simply, its a decentralized exchange with a centralized support structure. However, this isn’t until the phase 2 release. To begin Zaddex will build out a centralized model and begin trading within 3 months of the chain launch.
Modeled on the more familiar styles of Centralized exchanges, Zaddex Exchange will be a familiar look and feel to most. Utilizing tradingview.com charts, traders will get the same familiar centralized feel, but later also experience the full comfort of decentralized trading.
Miners early to the table, will be handsomely rewarded with some 50% of the total supply of 210 million, distributed in the first year, prior to the block rewards halving. In addition to mining, There will also be a quarterly buy-back-and-burn initiative, that will allocate 25% of profits for the first 18 months. Upon exchange launch, we will see a trading referral program introduced to help gain the adoption of traders on the platform.
Zaddex combines the idea of decentralized trading with ownership of private keys remaining with the trader and still having support if something goes wrong. This will be very well received in an industry with so many trading hurdles.
With changing legislation and a hybrid model, the team has chosen to remain anonymous in the initial stages. Given the fact the team is working toward decentralized trading is comforting, and being on one of the most secure blockchains further protected against 51% attacks by Komodos dPoW, is added comfort. With a myriad of more well known platforms at the disposal of the Zaddex Exchange, the choice to go with Komodo shows its intent to be secure and scalable.
With projects like Verus and Zaddex being attracted to the Komodo Platform, it is only a matter of time before the Komodo technology becomes more widely known. Opting for a platform with lesser fanfare and exposure, is a strong indication that the more technical projects are seeking out Komodo with a longer-term view.
Zaddexs’ handsome rewards for mining will mean early miners are best poised to benefit from the block rewards. The ZEX coin has a strong use case and in 2017 we saw the value in getting exchange coins early, and they still represent attractive buying opportunity.
ZEX With such a short wait until the exchange platform is released, multiple exchange listings likely and being mineable on a platform with low fanfare, this makes for favorable conditions for early miners.
That_Guy8 - https://zex.ginasismining.com/
Blackjok3r - http://45.77.56.175:8080/
bcmonster - http://zex.bcmonster.com/
For more pools check out https://miningpoolstats.stream/zaddex Zaddex.com went live on the 13th of November and is currently already trading on digitalprice.org URL: https://digitalprice.io/order?url=zex-kmd