ICON is a Korean platform created with the support of the government. The project combines several innovative technologies: the Interchain blockchain, the LFT algorithm, and the score contract function. They ensure that individual blockchains work by their own rules within a single system. Advantageous terms for the icx to btc exchange are available today.
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ICON: project concept and objectives
ICON is deservedly considered one of the most interesting and promising projects. Conceptually, the platform is designed to make different blockchains compatible. At the same time, the blockchain will be able to work within its own network according to its own rules.
ICON was the first cryptocurrency that was developed with the support of DAVinCI and continues to work closely with it. DAVinCI is an artificial intelligence trusted even by global financial institutions. It learns different variables to fully decentralize the network.
ICON in Faces
The team of creators is divided into five departments, each sharing areas of responsibility. The consultants of the project are well-known and prominent people in the fields of technology, innovation, cryptocurrencies, and economics.
Developers boast experience in computer development, economics, and finance. Multidisciplinary specialists in the Blockchain division: They are able to apply blockchain technology in different areas.
Key ICON Events: From Concept to Reality
The development of the ICON project started in 2015. Work on the cryptocurrency ICX began only in 2017. In September, a closed pre-sale of ICX coins was announced. On October 27, sales opened to all comers. ICON is the only cryptocurrency project that was developed and operated with the direct support of the government.
ICON mining
The ICON cryptocurrency is not mined. The possibility of mining ICON cryptocurrency is not provided by the creators of the project. Therefore, it is possible to become a holder of the coin only by purchasing it.
For transactions and storage of ICON coins, the optimal option is considered a purse of the cryptocurrency Ethereum (https://www.myetherwallet.com/). It is available for storing any cryptocurrency on the ERC20 standard. After transferring from the exchange, the transaction will happen instantly, but the tokens will not be visible in the account. To set up their display, you need to fill out a form in the “Add your token” section. All the data that will be required can be found in the catalog at https://etherscan.io/tokens.
Once the blockchain information about the manipulation is entered, the smart contract will guarantee an instant transfer of money. Other smart contracts will load a blockchain that contains a person’s complete medical history.
The very idea the developers are trying to bring to life is more than viable. The cryptocurrency can be found on the website https://alligat0r.com/. The concept that the ICON project follows is innovative and relevant. Many experts believe that the future belongs to such technologies.
Tagged: Blockchain Tcgnology Cryptocurrency
