Description
ICON is a blockchain platform facilitating interoperable blockchain networks, aiming to connect various blockchains into a cohesive ecosystem. Founded in 2017, ICON employs the Loop Fault Tolerance (LFT) algorithm for enhanced performance and security. It supports private and public blockchain projects, dApps, and smart contracts, with ICX as its native token used for transaction fees and governance. The ICON Cross-Chain Framework, featuring xCall General Message Passing and bridging protocols, simplifies cross-chain operations. ICON's Blockchain Transmission Protocol (BTP) allows heterogeneous blockchains to transact and share data trustlessly. Currently, ICX has a supply of over 1 billion, is traded on 132 markets, and has shown recent price and volume activity.
ICON is a blockchain platform facilitating interoperable blockchain networks, aiming to connect various blockchains into a cohesive ecosystem. Founded in 2017, ICON employs the Loop Fault Tolerance (LFT) algorithm for enhanced performance and security. It supports private and public blockchain projects, dApps, and smart contracts, with ICX as its native token used for transaction fees and governance. The ICON Cross-Chain Framework, featuring xCall General Message Passing and bridging protocols, simplifies cross-chain operations. ICON's Blockchain Transmission Protocol (BTP) allows heterogeneous blockchains to transact and share data trustlessly. Currently, ICX has a supply of over 1 billion, is traded on 132 markets, and has shown recent price and volume activity.
