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Komodo (KMD) to Make Sapling Update on December 15, Launches AMA Session on Twitter Today

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Fri, 12/14/2018 - 14:03
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Yuri Molchan
On Friday, December 14, the Komodo blockchain is conducting an ask-me-anything online session ahead of its scheduled upgrade the next day
Komodo (KMD) to Make Sapling Update on December 15, Launches AMA Session on Twitter Today
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The Komodo chain is about to release a new version of its code base on Saturday, December 15. On Friday, they made an announcement through their Twitter account and on Reddit that today at 2 pm New York EDT they are to conduct an AMA (ask-me-anything) session for anyone wishing to express their curiosity on general issues or find out anything specifically. The upgrade is dubbed Sapling and will be based on Zcash technology.

The upcoming software upgrade

Last week, the company publicized its intention to make an update of the blockchain’s code base. They called it the largest upgrade that Komodo has ever made.

The upgrade is obligatory for everyone who wishes to stay on the proper operating network and will be implemented at around 1 o’clock GMT on Saturday.

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Zcash Hard Fork Opens User Data, Team Is Working on Patch

Three of the coin’s development teams promise numerous innovations and benefits to the users of the upgraded platform version. Also, they reminded users that at around Christmas or the start of January, the Ledger hardware wallet intends to embed support for the Sapling upgrade.

Komodo’s market situation

At the time of writing, Komodo (KMD) is in 55th position on the list of the top-100 coins. It is trading at $0.55 with a market cap of $61 429 604. Over the past 24 hours, the asset has shown a drop by nearly 7 percent.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.