Review on ICON by ava sandres
In the crypto world, ICON serves as a bridge.
Icon is a blockchain technology and network that is primarily meant to allow different blockchains and cryptocurrencies to interact with one another, thereby serving as a connecting bridge between multiple projects in order to create a network. ICON has its own cryptocurrency, the ICX token. The method works by allowing decentralized cryptocurrencies to meet at a central location. A community is connected to other communities through the ICON Republic and Citizen Nodes in order to do this.
The blockchain's role is to function as a middleman or a link between other blockchains and networks. This feature distinguishes the ICON project from previous networks.
Pros
- It acts as a link between various cryoto groups.
- If the concept succeeds, many third-party transaction platforms will be phased out.
- It's not centralized.
Cons
- Not a mineable currency
