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ICON (ICON)

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ICON (ICON) is a blockchain platform that is building a protocol that connects blockchain network together. Founded in 2017, the ICON Foundation wants to add a greater degree of decentralization in the blockchain space by making it possible for different tokens to work directly with each other, and access each other’s services and products. ICON also has Don Tapscott as an adviser, co-founder of the Blockchain Research Institute and  author of popular cryptocurrency book Blockchain Revolution. 

Research and development in inter-blockchain capabilities is particularly intense going into 2020, as startups and projects have realized that such a feature would mean greater liquidity, growth and quality for stakeholders in a blockchain network. 

ICON itself points to the example of the healthcare and insurance industries, an example commonly used in the media covering this space. Doctors and healthcare providers can refer to immutable, verified records of a patient that have been registered on the ICON network for the purposes of calculating insurance payments. These payments could then be used for any service on the ICON network like buying stocks or ether.

The ICON Foundation is focusing on this seamless use of data between blockchain networks. It is also open to permissioned networks.

The team employs a number of unique features to ensure a reliable and trustworthy network, and these have to do with its governance system, its transaction fees and SCORE operation, and its ICON Incentives Scoring System. The second refers to its transaction fee policy, and the third its consensus mechanism (Proof-of-Contribution) ands its reputation scoring system. The project’s yellow papers describe these in detail.

The team categorizes their development into 3 categories: blockchain, governance and services. The current focus, for each of these areas, is generally speaking ICON’s interchain protocol, its election and reputation system, and its key management and DEX services.


There Is No Reason Left For Not To Buy ICON (ICX)

11 hours ago 1 minute read 1 comment moon333

  Hey friends, hope you are well and welcome to the update on the ICON (ICX) coin.   Long term up-channel: The price action is moving in a long-term up channel on the weekly chart and reached the resistance. Candlesticks also having good supports of...

Here Is The Proof Why ICON (ICX) Coin Is Going To Lead The Altcoins Bull Run | Look At This Extreme Parabolic Bullish Setup

8 Jan 2021 1 minute read 0 comments moon333

  Hey friends, hope you are well and welcome to the new update on ICX coin. Previously I shared two ideas of ICX with you, one was a formation of Cypher pattern in USD marker and the other was the formation of bullish Shark pattern in the Bitcoin ma...

All ICON (ICX) Coin Holders Get Ready For This Million Dollars Move

30 Dec 2020 2 minute read 0 comments moon333

  Hey friends, hope you are well and welcome to update of ICON (ICX) coin. Previously we have seen that the price action of ICX coin completed the Cypher pattern in the US Dollar market and at the same time it was completing the final leg of the har...

ICON (ICX) | Get Ready The Sleeping Giant Can Wake Up Now

10 Dec 2020 1 minute read 0 comments moon333

  Hey friends, hope you are well and welcome to the new update on ICX coin. Long term harmonic moves: Previously I shared two patterns with you which ICX has completed on monthly charts. One is in USD market and other one is with Bitcoin pair.   Cli...

ICX in retrace, will ICON bounce from the golden pocket? Read it in my analysis

26 Nov 2020 2 minute read 0 comments MrCoingrats

After the break out of the falling wedge (unfortunately under the uptrend line) there has been a beautiful outbreak of no less than 60%. At lower timeframes the price has even risen above the trend line again, but unfortunately the HTF is not able to...

ICON Coin (ICX) Upto 600% Big Pump Ahead After This Dump | ICON Roadmap Update | Gangnam Testnet

1 Nov 2020 3 minute read 0 comments moon333

Hey friends, hope you are well and welcome to the new update on the ICON coin. Previously I shared idea on ICX coin where I told you that the priceline is at the support of a down channel and up to 367% move is expected. Finally, the price action of...

ICON Coin (ICX) Formed Bullish Cypher For Upto 167% Bullish Rally

31 Oct 2020 1 minute read 0 comments moon333

Hey friends, hope you are well and welcome to the new update on the ICON (ICX) coin. On a long term monthly chart, the price action of ICX has completed the final leg of the bullish harmonic Cypher pattern and entered a potential reversal zone.  Cli...

ICX Finally Breaks Out From a Nearly Two Month Long Pattern (TA - 22nd of October)

22 Oct 2020 2 minute read 0 comments pheonixdown-dee

The Icon (ICX) price has broken out from a bullish pattern that had been in place since the yearly high reached on Aug 22. The price should move upwards towards the levels outlined below.   Wedge Breakout The ICX price reached a high of $0.809 on...

ICON x Stakin Giveaway

20 Oct 2020 1 minute read 0 comments Freecoins24

ICON x Stakin Giveaway About: ICON x Stakin Giveaway is live! Stakin is an infrastructure operator for Proof-of-Stake (PoS) public blockchains, offering public delegation services and Staking-as-a-Service on major PoS protocols such as Icon, Cosmos...

Iconbet.io - What is it and how to use it. Cryptosetups-Tutorial.

10 Oct 2020 1 minute read 2 comments Cryptosetups

  In this tutorial I show you what Iconbet.io is. I run through why this is a unique protocol to the icon network. I talk through what the protocols native token Tap is and some of the games the protocol offers. I show you how to auto sign while pla...