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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.


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...

ICON (ICX) Price Prediction 2020

16 Sep 2020 1 minute read 0 comments ChangeNOW

ICON is a blockchain system that links other platforms like Ethereum, Bitcoin, Ark, QTUM, and NEO through smart contracts. ICON uses the ICX token which facilitates transactions between various cryptocurrencies by determining exchange rates via a DEX...

ICON (ICX), Zilliqa (ZIL) and Siacoin (SIA) are showing very promising signs during the dump !

6 Sep 2020 2 minute read 1 comment Djordi

Hi everyone, This will be a quick post that will show something very interesting. During the dump we are experiencing right now, I always like to watch the weekly chart and the indicator OBV, which stands for On Balance Volume. This indicator shows a...

Installing and Setting up your first Icon wallet. ICONex!

3 Sep 2020 1 minute read 0 comments Cryptosetups

Today I am excited to kick off a new batch of tutorials that focuses on the Icon network. Icon secures its network via staking and gives a very attractive 13 percent a year returns. To kick things off I will show you what wallet to use, how to instal...

ICON (ICX) is battling an important resistance zone on the weekly chart. Can it move towards 1$ and beyond in the near future ?

25 Aug 2020 4 minute read 1 comment Djordi

Hi everyone, Today I want to discuss ICON and the battle it is having with the 0,60$ area at the moment. This has been an important area of support in September and October 2018 before it became resistance on February 2020 and right now. I will show...

ICONLOOP Officially Launches "MyID" with its Zzeung App for Jeju Island. ICON for Huge Mass Adoption 🚀🚀🚀

19 Aug 2020 2 minute read 0 comments xyzashu

ICO blockchain is one project where development and partnerships are being worked out continuously without any hype. Yes, there was time when ICON blockchain was heralded as "Ethereum of Korea" or "Network of Blockchain Networks"; but people soon fo...