[ANN] [dPoW] [ZEX] ZADDEX - Peer to Peer Hybrid Exchange

[ZADDEX]

Zaddex Digital Asset Exchange Opts for a Fair Launch, with no Pre-mine

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.

Mining Pools:
That_Guy8
Blackjok3r
bcmonster
For more pools check out miningpoolstats.stream Zaddex.com went live on the 13th of November and is currently already trading on digitalprice.org.

[xiaojeixuanxuan]

  Holle，Your coin has joined the Bitcoin Park blockchain the media platform !

English：https://www.bite365.xyz/en/2089.html

Chinese：https://www.bite365.xyz/zh/2076.html

Official Website：https://www.bite365.xyz

[ZADDEX]

Holle，Your coin has joined the Bitcoin Park blockchain the media platform !

English：https://www.bite365.xyz/en/2089.html

Chinese：https://www.bite365.xyz/zh/2076.html

Official Website：https://www.bite365.xyz

Pleased to know. Thank you for notification!

[ZADDEX]

51% ATTACKS | What is dPoW and Why Zaddex $ZEX chose Komodo Platform To understand defense, we must first explain the attack. The term 51% attack is given to a potential attack on a network when the majority of the hashrate (or mining power) is controlled by one person, body or collective group. These networks are secured by miners being in consensus on a shared ledger or blockchain. We rely on the collective nodes to agree that the current blockchain is the right and valid version. However, when one person, body or collective group, gains majority hashrate, they in theory can decide what transactions to approve. By not approving certain transactions, they could, in theory, allow their coins to be ‘double spent’, meaning they can spend their coins more than once. We term this a 51% attack, as it is commonly agreed that you would require more than half of the hashrate to be successful. It is however, possible to achieve the same outcome with less hashrate, just decisively harder. The less hashrate you control, the lower your odds of success. As Bitcoin works on ‘the-longest chain’ theory, the previous blocks are not likely to be altered and the 51% attack would target the current blocks. In the event of a 51% attack, the attacker could create transactions in exchange for goods for example, while simultaneously mining blocks which do not contain those transactions. As is the case with all POW blockchains, the value and confidence we have in them, is determined by their ability to protect themselves. A 51% attack can do irrevocable damage to the reputation of a blockchain and its investors and users alike. This was a challenge we, like most other aspiring projects, were faced with when looking at which type of technology to use for our Zaddex Exchange coin (ZEX). SO HOW DO YOU PROTECT AGAINST ATTACKS? Fortunately, Komodo has come up with an option that appears to offer a unique form of defense against such attacks. It is known as Delayed Proof of Work, or dPoW. “The solution would be to allow other cryptocurrencies to take advantage of bitcoin’s hashing power. Delayed Proof of Work  is a solution that utilizes multiple existing methods in a single hybrid consensus system, that at the same time is as energy efficient as PoS while being secured by bitcoin PoW.” What is dPoW, exactly? “To put it really briefly, Komodo has a network of 64 community-elected nodes that notarize a blockhash onto the Bitcoin ledger (using OP_RETURN command) every ten minutes. This creates a checkpoint, so to speak, and any transactions that have occurred prior to that notarization are protected with the power of the BTC network. The process takes place every 10 minutes so potential attackers don’t have enough time to launch a successful attack.” Daniel Pigeon Komodo Platform Delayed Proof of Work Whitepaper By using dPoW smaller blockchains with less hashrate are basically being protected by Bitcoins hashrate, via the notary nodes in the Komodo ecosystem. This is a potential solution, to a problem that has plagued smaller blockchain projects for a number of years. SO DOES IT REALLY WORK? In October an ethical hacker known as GeoCold on Twitter, attempted a very public 51% attack on the blockchain project Einsteinium. It was not long before this event that Einsteinium became one of the first independent blockchains based on Komodo, to take advantage of the dPoW offering. Einsteinium joined the likes of Hush, GameCredits and Kreds in choosing this particular method of defense. Once it was discovered that the blockchain was protected by this method, GeoCold had no option but to choose another project to attack and although the method is still being developed, it is an obvious option in defending your blockchain against potential 51% attacks. With security being a pillar of the Zaddex values, we felt it an obvious choice to create our blockchain using the Komodo opensource technology. Zaddex looks forward to welcoming you to the community join the discussion in our discord

[ZADDEX]

We are glad to share our latest news.

[ZADDEX]

This week's #FreeHashFriday is sponsored by @zaddex_exchange! Holders of ZEX will enjoy discounted trading fees, listing fees and buyback & burn among other benefits. Go check them out at:zaddex.com and follow the directions below  the post  twitter.com/AIOMiner to win some ZEX for yourself!

[doedz]

Coins that are highly recommended from KOMODO and now have a price of around 17,000 Satoshi.
See How Zaddex has around 210,000,000 Coins and what is the price of Zaddex for a pair with Satoshi?

[ZADDEX]

One more urgent news to share.
 
Komodo recently announced that a major update to the code base will be activated on December 15, 2018. Please upgrade to Agama v0.3.0+ before 15 Dec
https://komodoplatform.com/komodo-wallets/
Read more about Sapling update here:
https://komodoplatform.com/sapling-unifying-blockchain-technology/

[ZADDEX]

Coins that are highly recommended from KOMODO and now have a price of around 17,000 Satoshi.
See How Zaddex has around 210,000,000 Coins and what is the price of Zaddex for a pair with Satoshi?

You can see the present price on digitalprice.io/zex-btc.
If you mean the the ratio of price and total coin, there is no objective answer.
I think mostly that's all depends on how we - the devs team will work.

For this moment the price is could not be considered as objective.
Let me explain why.
There are several factors of coin price formation:
1. Zaddex has just started it's development and all basic headline projects are on development now.
2. Exchange we use for the moment has not enough liquidity for real price movements.
3. General bear market is also should be considered.

We have in plans listings on new exchanges for more liquidity.

[doedz]

Coins that are highly recommended from KOMODO and now have a price of around 17,000 Satoshi.
See How Zaddex has around 210,000,000 Coins and what is the price of Zaddex for a pair with Satoshi?

You can see the present price on digitalprice.io/zex-btc.
If you mean the the ratio of price and total coin, there is no objective answer.
I think mostly that's all depends on how we - the devs team will work.

For this moment the price is could not be considered as objective.
Let me explain why.
There are several factors of coin price formation:
1. Zaddex has just started it's development and all basic headline projects are on development now.
2. Exchange we use for the moment has not enough liquidity for real price movements.
3. General bear market is also should be considered.

We have in plans listings on new exchanges for more liquidity.

Okay, it can be accepted by me for such reasons and a lot of me want to ask for ZADDEX, including questions about options for KOMODO.
Why ZADDEX does not use the EOS, TRON or EThereum networks that are familiar to investors and certainly top 10 coinmarketcap, while KOMODO is now ranked 55th. LOL

[ZADDEX]

Coins that are highly recommended from KOMODO and now have a price of around 17,000 Satoshi.
See How Zaddex has around 210,000,000 Coins and what is the price of Zaddex for a pair with Satoshi?

You can see the present price on digitalprice.io/zex-btc.
If you mean the the ratio of price and total coin, there is no objective answer.
I think mostly that's all depends on how we - the devs team will work.

For this moment the price is could not be considered as objective.
Let me explain why.
There are several factors of coin price formation:
1. Zaddex has just started it's development and all basic headline projects are on development now.
2. Exchange we use for the moment has not enough liquidity for real price movements.
3. General bear market is also should be considered.

We have in plans listings on new exchanges for more liquidity.

Okay, it can be accepted by me for such reasons and a lot of me want to ask for ZADDEX, including questions about options for KOMODO.
Why ZADDEX does not use the EOS, TRON or EThereum networks that are familiar to investors and certainly top 10 coinmarketcap, while KOMODO is now ranked 55th. LOL

Hi, Thankx for your question.
This is trully neccessary to clarify the reson we have chosen the KOMODO.
From our point of view KOMODO is not inferior in technology to those coins that you have listed.

Our team perfectly knows KOMODO technology and in the future we can implement modern unique updates.
Bellow we are publishing an article on it.

Regards,
Zaddex team

[ZADDEX]

CZ of Binance. Always at the Cutting-Edge of Technology



Speed. What is it and what does it mean in terms of importance for blockchain tech?
In an hour of need, and after having looked at many technology platforms for our native ZEX coin, for the Zaddex Exchange, we were pleasantly surprised to be given a tip through none other than the CEO of Binance, CZ. Since its inception, Binance has made a lot of ‘right moves’ to get to the top and STAY there. CZ has a knack of being able to keep his finger on the pulse and is acutely aware of the projects in the market at any given time.

CZ has mentioned on numerous occasions the importance of speed, scalability and the limitations of the majority of the blockchain technology platforms, currently on the market. So to hear him mention Komodo and reference it in his interview with Jeff John Roberts for fortune.com on August 2, 2018, was a nod that this must be a serious project. CZ, doesn’t speak for the sake of speaking.



Zaddex exchange will be a hybrid decentralized exchange using crypto conditions contracts by Komodo, after first releasing a centralized version in the coming month.
Zaddex development team is currently well ahead of schedule on the release of the centralized version of our exchange.
A Sneak Peak Of The Soon To Be Released Zaddex Exchange



Zaddex Exchange did not have a pre-sale, a sale, an ICO or a pre-mine, instead opting for a fair-launch with a founders fee to fund development. Several of the top exchanges by volume have reached out to Zaddex for the ZEX coin to be listed and negotiations are currently in progress. In the meantime the coin can be purchased on www.digitalprice.io and obtained through mining with one of these pools.

[Laviathon]

Coins that are highly recommended from KOMODO and now have a price of around 17,000 Satoshi.
See How Zaddex has around 210,000,000 Coins and what is the price of Zaddex for a pair with Satoshi?

You can see the present price on digitalprice.io/zex-btc.
If you mean the the ratio of price and total coin, there is no objective answer.
I think mostly that's all depends on how we - the devs team will work.

For this moment the price is could not be considered as objective.
Let me explain why.
There are several factors of coin price formation:
1. Zaddex has just started it's development and all basic headline projects are on development now.
2. Exchange we use for the moment has not enough liquidity for real price movements.
3. General bear market is also should be considered.

We have in plans listings on new exchanges for more liquidity.

Okay, it can be accepted by me for such reasons and a lot of me want to ask for ZADDEX, including questions about options for KOMODO.
Why ZADDEX does not use the EOS, TRON or EThereum networks that are familiar to investors and certainly top 10 coinmarketcap, while KOMODO is now ranked 55th. LOL

KMD will continue to grow.  They have already addressed many of the issues including scalability as well as the 51% issues.  They tech is ahead right now.  I think the  mc will increase for the coin as long as they keep putting out the cutting edge tech as well as the daps that are on the horizon. 

[CryptoFP]

Any news on when we can test the exchange?

[ScottyT]

Getting organized for testing now, join us on discord to join the tester group

[Acura3600]

Any news on when we can test the exchange?

Join the Zaddex Discord


https://discord.gg/EjdcX48

[TakeItEasy]

Any news on when we can test the exchange?

Join the Zaddex Discord


https://discord.gg/EjdcX48

A lot of time has passed. Are there any updates?

[TakeItEasy]

Zaddex is officially live!
Only a few base pairing coins are up, but VRSC, ARRR and other coins are on the way. Now would be the perfect time to get used to the GUI!
More news to come soon.
https://zaddex.io/

[antminerguruguy]

Zaddex is officially live!
Only a few base pairing coins are up, but VRSC, ARRR and other coins are on the way. Now would be the perfect time to get used to the GUI!
More news to come soon.
https://zaddex.io/

Arrr me sense scam.... if its too good to be true it usually is 200 block reward.....arrr the crew be hungry after the scams at snowmining.....

[antminerguruguy]

Zaddex is officially live!
Only a few base pairing coins are up, but VRSC, ARRR and other coins are on the way. Now would be the perfect time to get used to the GUI!
More news to come soon.
https://zaddex.io/

Oh and in case you haven't heard the crew is dying arrr me hates to waste a good joke www.courtenayrcmp.ca