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Review on ICON by Lydia Watkins
The main goal of the ICON project is to simplify the transfer of any…
The main goal of the ICON project is to simplify the transfer of any information between any nodes, and make it as accessible as possible. The team reasons that, as the introduction of mail services and then the phone and internet triggered the explosive growth of the global economy in the past, the introduction of a cheap and efficient blockchain-based network may give a new impulse to the development of the global community.
Pros
- ICON Foundation is a decentralized blockchain-based network. It is designed to unite all currently existing independent blockchain networks with a single information channel. The ICON network will make it possible to connect blockchain systems such as Ethereum, Bitcoin, EOS and others. In practice, it will help integrate similar networks into the real economy to handle applied problems.
Cons
- the project's documentation does not contain any detailed information about the marketing campaign or the the project’s global partners, which the team often mentions. The bounty program was only launched on August 25, 2017. That is why it is a little too soon to analyze how massive the project feedback is; official sources have no direct links to the team's LinkedIn.
