1 Level
11 Review
12 Karma
Review on ICON by Thuy Hien
ICONLOOP participated in the kickoff report session of ‘Seoul Blockchain…
ICONLOOP participated in the kickoff report session of ‘Seoul Blockchain Demonstration Project’ held at the Smart Information Center of Seoul Metropolitan Government on September 12th.
The event was attended by representatives from related departments of Seoul Metropolitan Government, as well as Demonstration Project related system companies in Election Commission, mobile-voting and used car trading system.
“Seoul Blockchain Demonstration Project is expected to serve as a bridge for Seoul’s blockchain platform in the future.” said J.H. Kim, the CEO of ICONLOOP.
Pros
- ICON Core. ICON Service: Module supporting ICON main functions, linked with blockchain core loopchain: Blockchain engine that supports LFT-based consensus Citizen Node: Full node that does not participate in consensus but supports all functions
Cons
- No Mining ICON tokens cannot be mined. Instead, new tokens will be issued after an annual discussion among C-Rep members.
