The South Korean blockchain hopes to fund its interoperability technology to create new cross-chain applications.
Icon is a cryptocurrency platform designed to connect various Blockchains by allowing them to interact with each other via smart contracts. Developers define Icon as an attempt to build one global decentralized network that will embrace all the others. The best definition of Icon is a “Blockchain of Blockchains.”
Icon has a lot of unique features not common to the other projects. Icon uses artificial intelligence for its distribution policies, offers a decentralized exchange by linking independent Blockchains with its token, ICX, and delivers a platform for constructing new DApps (decentralized applications). Icon allows separate communities to co-exist in Icon’s network, saving their own consensus protocol. Those users have the same as rights and a vote in deciding the adjustments of IconN transaction policies any other user of the network.
ROSE, AXS and ICX notched 20% gains after bulls took control of the market and sent BTC price above $47,500.14989
A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens.9477
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest.21094
The South Korean tax authority is trying to track the movement of ICO funds raised in foreign countries into its domestic markets.11703
The world of fine spirits continues to apply distributed ledger technology.6265
The BAND price is surging as the oracle provider partners with South Korea’s premier blockchain network, ICON.8101
South Korea’s largest public blockchain, ICON, has released its Blockchain Transmission Protocol, allowing individual blockchains to interact and communicate with each other.8376
ICON unveils a new consensus algorithm which improves scalability and network bandwidth without sacrificing security.8186
Icon announced that it is giving away roughly $570,000 worth of its native tokens in order to promote voter and staking participation.5283
Line Plus has announced a partnership with crypto, blockchain platform Icon to develop dApps and Line’s blockchain mainnet.9016
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