Co-DEX Progress Update

in #cryptocurency5 years ago

work in progress.png

Hello community,

We here at Co-DEX are currently deploying our resources towards bringing you the much needed product which will allow for NO transaction FEES to be implemented.
At this time, our developers are monitoring the progress and activity in the COSMOS SDK and Tendermint ecosystems, regarding their development of the IBC features, features which seems to have stalled for a while now.
So to avoid further delays and to get our project on track, we decided to clone the requirements and build upon a Ethermint framework, in order to not have to recreate all the necessary peg-zones from scratch. Meanwhile our development will make use of Ethermint (get with legacy PoW consensus, stripped and replaced with Tendermint Core) this allowing us to use IBC and connect to other Tendermint based chains and to make the necessary upgrades and updates while new zones are developed.
This change in direction has created a fair share of postponing and delays, which our development team is addressing as we speak, in order to finalize and bring to you, the community, this product at the necessary standards.
More information will be made available shortly, stay tuned and thank you for your patience and support!

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