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Review on ICON by Jack Moran
The next developer meetup will take place in Q1 of 2018. This is also when…
The next developer meetup will take place in Q1 of 2018. This is also when ICON will expand its partnership with various blockchain networks. It will also expand the DEX reserve pool to include assets in the majority of the most common cryptocurrencies. In Q3, there will be another developer meeting. This is also when the second service launch for the financial investment consortium will occur and the U-coin will expand to 10 universities. In terms of technical developments, Q1 of 2018 will see the V2 version of the network, as well as the launch of the AI advisor and the opening of both the public channel and the representation channel.
Pros
- Although there are already several decentralized networks, the expansion of ICON should allow for a unique addition to the crypto-world due to its size. Its scalability and accessibility make it a convenient choice for many who favor decentralization. We expect ICON to prove useful to more than just the communities it already serves, growing in terms of applications as it expands.
Cons
- For this guide, we will be purchasing Ethereum to swap for our target cryptocurrency. The reason for this is that it has far cheaper fees than bitcoin for sending and the transaction also happens a lot faster. So in Coinbase, visit the “Buy / Sell” tab at the top, select “Ethereum”, choose your payment method and enter the amount you wish to purchase – you can either enter a US Dollar amount or a number of Ether.
