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Review on ICON by Tyler Sanderson
ICON is shaping up to be one of the best and highest potential cryptocurrencyโฆ
ICON is shaping up to be one of the best and highest potential cryptocurrency projects of 2018. Their goal of becoming the biggest blockchain in the world is extremely ambitious and with their roster of top talent and the partnerships they have with Coinone and Ripple, it looks like their goal is realistic
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Pros
- Well most cryptocurrencies don't have ICON's ability to bridge public blockchains like Bitcoin, Ethereum, Qtum, and NEO. It is able to do this because it has a much different blockchain at the protocol level. It doesn't follow traditional protocols that could be found in Ethereum or other cryptocurrencies. The revolutionary new system uses its own proprietary LFT (Loop Fault Tolerant) consensus algorithm
Cons
- Its hard to come up with a label for ICON. Some have described it as the NEO of Korea while others find many similarities between it and another cryptocurrency called Ark. However, ICON team members say that it can best be compared to a combination of Cosmos and Ethereum
