Review on ICON by LUIS RIVERO R
This cryptocurrency has been developed since 2015, the human talent behindโฆ
This cryptocurrency has been developed since 2015, the human talent behind ICON is mostly from Korea and is supported by several universities. The own chain of loques is already in full operation what has made a diversification in the market that operates to now provide business services, an expansion of partnerships with banks is planned for the development of payment platforms
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Updated 5 years ago
Rating changed from 3 to 4
The development of compatible Dapps is relatively slow.
It has a very mobile support community, it is generally easy to support with other users.
Currently the main mainnet is available, it is possible to verify the code and contribute to it.
Its biggest challenge at this moment is the competition of projects with similar technical characteristics.
The details for the development of apps are well documented.
In general ICON has new updates since the last revision I made, mostly focused on the development of its network and implementation of Dapps.
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Pros
- Transaction speed less than two seconds, according to your official page. The price remains low compared to others. his philosophy is inspired by the interconnection with other crypts that makes it a transmitter something similar to what happens in etherium. The company as such is now a partner of LINE, most of the users of this messaging application are in Asia, this makes it possible in the short term a greater capitalization. has a network of its own that came into operation at the beginning of 2018
Cons
- Try to be a competitor of the Etherium network. It is mostly known in Asia and has little presence in the West, which makes it perhaps unattractive to investors in this part. It has great competition in the market because it is not the only one to focus on the interconnectivity of all cryptos. and above all its little global reach being focused on the Korean market.
