Dear CoinEx users,
Due to the completion of KMD wallet maintenance, CoinEx has resumed KMD deposit and withdrawal.
Komodo is a multi-chain structure open platform combined with Zcash’s anonymity and Bitcoin’s security Komodo is Zcash fork, focusing on privacy, and its consensus mechanism has been improved based on POW, called the delayed work proof DPOW. The information in the Komodo system will be snapshotd every 10 minutes. This information contains the status of the address balance on chain. Up to 64 nodes will verify the information and upload it to the Bitcoin blockchain for backup.So the security of the bitcoin hash value can adds protection to Komodo.
Thank you for your support!
June 29, 2020