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.
#AMA today at 7pm GMT on the major update to Komodo's codebase, the Sapling Update and the new parameters. Ask your questions now! We'll answer in seven hours time. https://t.co/5ORME8XoJ9 #crypto #blockchain #fintech #decentralized #bitcoin #sapling https://t.co/S1R8LQ7zlR— Komodo (@KomodoPlatform) December 14, 2018
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.
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.