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Review on ICON by Emer Rony
Icon is the best-decentralized blockchain and cryptocurrency which main aim isβ¦
Icon is the best-decentralized blockchain and cryptocurrency which main aim is to enable different blockchain to communicate with each other. but there is very high competition in blockchain communication solving projects.
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Updated 5 years ago
Rating has not been changed
I checked twitter page of icon then there i see that team is very active on social media platforms and they just announced/released Fees 2.0 like plan where users can interact with dapps directly without paying any fees.
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Pros
- The icon is the decentralized cryptocurrency on the Icon blockchain. as now many decentralized blockchain platforms like ethereum and Eos cannot currently communicate with each other. so, Icon project's main aim is to enable the different blockchains to communicate with each other. In the cryptocurrency market also, Icon acquires a high market cap.
Cons
- Icon needs a large number of industries to move to its framework. the supply of icon project is also very high and also max 20% supply is increases every year. And there are many competitors against Icon project which are trying to solve blockchain communication issues as well.
