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Revainrating 5 out of 5

It is imperative to see cryptocurrencies not as money, but as tools – tools…

It is imperative to see cryptocurrencies not as money, but as tools – tools that facilitate certain use cases which are bolstered by the natural advantages of the blockchain. Cryptocurrencies are programmable protocols that can be customized to suit any number of needs. This is the brilliance behind a platform like Ethereum, which many other coins have taken inspiration from. Given the ability of blockchain to work across a variety of industries, it would be logical to have a platform on which…

Pros
  • ICX is a smart contracts platform, allowing varying blockchains to share value via its decentralised exchange, or DEX. This can be thought of as a specific implementation of Ethereum’s smart contracts feature. The advantage here is that with its own main net, a host of new features can be implemented that would not have been feasible on the Ethereum blockchain.
Cons
  • The ICON ecosystem is still very young and needs time to onboard traditional businesses into their framework.

Revainrating 4 out of 5

The ICON project is building a global decentralized network. In the ICON world…

The ICON project is building a global decentralized network. In the ICON world, independent blockchains with different governances can transact with one another without intermediaries. Dozens of reputable institutions are already in the network. Anyone can create a new blockchain project and join the network.

Pros
  • ICONLOOP selected to demonstrate Seoul blockchain platform Loopchain demonstrated to Seoul standard blockchain platform, used in car trading system and mobile-voting system
Cons
  • It is still early days for ICX and it’s still very possible that the project will be overtaken by a competitor.

Revainrating 4 out of 5

The ICON cryptocurrency (or ICON coin) uses its ‘loopchain’ platform - called…

The ICON cryptocurrency (or ICON coin) uses its ‘loopchain’ platform - called the Nexus - to connect multiple blockchains. This is done via the ICON Republic, which is the governing body for a group of independent blockchain communities. These blockchain communities connect with the ICON Republic via their representatives, which are elected by the communities themselves.The blockchains can then exchange value between each other using ICON’s own decentralised exchange (DEX).

Pros
  • Decentralization: ICON envisions a decentralized world consisting of free communities. ICON is a hierarchical network, where communities with different governance structures can connect and interact. ICON allows anyone to join the ICON Network by creating a new DAPP with stand-alone administration.
Cons
  • There are other cryptocurrency projects that are trying to solve the blockchain connection issue as well.

Revainrating 4 out of 5

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…

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.

Revainrating 5 out of 5

One of the factors that moves the crypto markets is news. That’s why pretty…

One of the factors that moves the crypto markets is news. That’s why pretty much the entire crypto market is falling right now, after a series of bad news ranging from South Korea banning anonymous trading, to the current news that Tether is getting issued with Subpoenas by the U.S government. Amidst all these negative news, ICX just got some amazing news

Pros
  • If you are looking to invest in a crypto that has offers excellent short and long-term returns, then you should be looking to invest in ICON . But before we look into the reasons why ICX is a great investment, let’s first understand what it is
Cons
  • ICON is simply a platform that connects multiple blockchains into one large community. It does this using smart contracts and loop chain technology to allow different blockchains to communicate with each other. That’s definitely huge, considering that the blockchain ecosystem is growing by the day.

Revainrating 5 out of 5

The overall build quality of the KandyPens Icon is of high quality, it is a…

The overall build quality of the KandyPens Icon is of high quality, it is a well designed device that is higher than average quality. The Icon kit comes with three nails and a carb cap. The nails included are made from titanium, ceramic, and quartz. There are a number of portable rigs that only come with one type of nail, which means that the KandyPens Icon rig is more versatile. This is the first thing we found that sets the icon apart from some of the other devices.

Pros
  • If we look at the competitors they all essentially want to do the same thing. The project is basically a White Paper idea and has no working product from what I can see. So PChain DOES NOT have a prototype or MVP and they are asking for your money. I also have an issue with their roadmap. It’s an 18 month timeline.The final thing that really bothered me with PChain is their test net. It’s not going to be online or available for another 7 or so months.
Cons
  • ICON is simply a platform that connects multiple blockchains into one large community. It does this using smart contracts and loop chain technology to allow different blockchains to communicate with each other. That’s definitely huge, considering that the blockchain ecosystem is growing by the day

Revainrating 4 out of 5

This project is a follow-up project of the Seoul Metropolitan Government’s…

This project is a follow-up project of the Seoul Metropolitan Government’s ‘Information Strategy Planning for Building Blockchain Based Municipal Innovation(ISP)’ conducted last year. It includes introduction of the Seoul standard blockchain platform, two blockchain leading businesses, and three verification businesses for the provision of blockchain-based administration services. It is of great significance as a starting point to verify and construct a Seoul-based blockchain technology which…

Pros
  • Test Environment for ICON Platform Along with the MainNet update, the ICON team has also opened TestNet, which allows developers to conduct tests before deploying their blockchain projects to the live MainNet. Additionally, the ICON team will open DevNet, which supports local development environment for testing via the AWS Marketplace. Once ICON’s blockchain nodes are registered in the AWS Marketplace, developers will be able to develop and test ICON Service and DApps on their own private networks via the AWS cloud.
Cons
  • Currently I do not find any defects from the ICX platform. Can you tell me about it if yes.

Revainrating 4 out of 5

Icon is a blockchain project to from Korean Korea and or compare as large…

Icon is a blockchain project to from Korean Korea and or compare as large project is NEO and Ethereum. ICON want to have to the network built to network connection on the 'Siêu k?t n?i th? gi?i'. To make this this, ICON development group is building a large platform for allow blockschains other interactive with the peer information. The community will be connected with same by the loop loop of ICON. The last destination entry of ICON is provide the platform for the fields from the financial…

Pros
  • ICON MainNet Version 3.0 has been released today. ICON’s SCORE (Smart Contract on Reliable Environment), the implementation environment of ICON smart contracts, is now fully operational. This MainNet update is significant in that it has established the infrastructure for the SCORE development environment, which is the foundation for creating DApps on the ICON platform.
Cons
  • Key figures: Difficult to point out a single person as the team is well structured and doesn't have a standout charismatic figure.

Revainrating 5 out of 5

Although the feature is ready in the ICONex wallet, it is not yet ready in all…

Although the feature is ready in the ICONex wallet, it is not yet ready in all of the exchanges and will be postponed until it is available in all exchanges. The announcement of the Token Swap will be made through ICON’s social networking channels and company blog. Additional features for 2018 include the release of a mobile wallet, a Scoring System and ICO platform, the launch of ICON’s decentralized exchange (DEX) and the Nexus Public Channel.

Pros
  • The KandyPens Icon Kit is a popular enail mod attachment. This kit has some strong reviews found around the web. With so many portable enails to choose from we decided to give this device a closer look to see what sets it apart from the other popular devices. We will discuss the build quality, vapor quality, look and feel, discreteness, portability, ease of use, and our overall assessment on whether we think the KandyPens Icon Kit is a product worth purchasing
Cons
  • I couldn’t find an actual number for what ICON will be able to handle, but I guess once the mainnet launches we might get a better idea. ICON will allow for transactions between currencies like an exchange, though I still need to do a lot more reading on atomic swaps, so I don’t know exactly what’s going on with them.

Revainrating 4 out of 5

Under the ‘Address’ menu, the ‘Contracts’ menu provides an ICON Contract list…

Under the ‘Address’ menu, the ‘Contracts’ menu provides an ICON Contract list and summary information of each contract. Contract address, balance, Tx ID, confirmation status, and confirmation date will be shown. By clicking each contract address, users can view detailed information about the contract. Details can be viewed by clicking the ‘Detail’ button in ‘Status’.

Pros
  • ICON is launching a Bounty Program! Promote ICON and get ICX for Free! Instead of spending our funds for Facebook and Google Ads, we will benefit our ICON users directly. Participate in the Bounty Program now. The purpose of the Bounty Program is to the promote the ICON ICO. The ICON ICO will raise $44M and become the largest ICO in Korea. The ICO starts on October 20, 2017 and ends on November 3, 2017.A Bounty Application Form (Google Form) is mandatory for each and every Bounty submission.
Cons
  • You need to join the ICON Slack channel in order to track your Bounty progress. You can track your Bounty progress by searching for your "Slack Username" in the Tracker Sheet below. The Tracker Sheet will be updated on a weekly basis.

Revainrating 4 out of 5

The partnerships with financial, insurance, and medical consortiums…

The partnerships with financial, insurance, and medical consortiums demonstrates that major companies see the merit of the systems already offered. Alone the example of the insurance consortium having the ability to securely receive the medical data of their customers and review the case in less time than the previous system allowed, is an important use case, and when scaled across all sectors that ICON is working in, as well as when combined with other elements such as Chain ID, the DEX, and…

Pros
  • An inherent barrier for ICX is simply that it is a platform, and has plenty of competition to contend with – Ethereum, Bancor, EOS, HPB, and more – they all want a slice of the pie. However, this doesn’t mean they don’t have the ability to pull it off. The team itself appears more than capable, with backing by Dayli Financial, Dayli Intelligence, and the strong blockchain background of theloop team giving us confidence that they will be able to pull off the technical aspect of the project
Cons
  • With ICOs being launchable via the ICON platform we should also see an uptick in what services are running on the platform, as well as demand for the token over time; both ETH and NEO saw huge increases in demand as their own prominent ICOs were launched, and we expect the same to be the case for ICON.

Revainrating 4 out of 5

ICON, AION, and WAN all came together in December 2017 to form the BIA, in an…

ICON, AION, and WAN all came together in December 2017 to form the BIA, in an effort to capitalise on the individual advantages of each project. ICON, as we have discussed, wants to “Hyperconnect the World” by building the largest blockchain ecosystem in the world. AION, as we have already written about, is looking to become a common protocol for all blockchains to connect between one another, while WAN is building a system to allow digital assets to be securely transferred and exchanged across

Pros
  • The ICON team has been pushing towards several primary tech targets early this year, though several have not been realised as of now. The ICON mainnet was launched in late January, when the Genesis Block was generated and all ICX minted.
Cons
  • Information on U-Coin and its technological background is limited at this point, but it is quite possible that the goal is for an entire campus management ecosystem to be built around it. How students use their scholarship funds, for example, could be tracked (and limited), and optimisation of supplies, scholarships, and fees could more easily take place, or even be automated.important for this data to find a safe home.

Revainrating 4 out of 5

Inquiring / Executing Contracts Users can easily add contract through…

Inquiring / Executing Contracts Users can easily add contract through registered contract lists when viewing and executing contracts. The list of contracts will be updated regularly, and unregistered contract addresses need to be entered manually. Selecting a function for smart contracts allows users to inquire the parameter value for that function or enter the parameter value to execute the function directly.

Pros
  • Create your own easy-to-remember ICX wallet address like “helloworld.icon”. You can use your unique address for easy and convenient transaction. Valuable All ICONex users can register 1 ICONick per wallet for free for 1 year. You can also sell your own ICONick address in an open market with other users.
Cons
  • ICON is a South Korea backed project but governmental restrictions can have impacts on the coin.

Revainrating 4 out of 5

Ledger Connection Update Ledger NaNo S integration with ICONex has been updated…

Ledger Connection Update Ledger NaNo S integration with ICONex has been updated. After updating the firmware version of your Ledger NaNo S, ICX and IRC tokens can be stored in the Ledger wallet. Contract Menu The contract menu has been added in the main screen of ICONex. You can view and execute contracts distributed on the ICON Network.

Pros
  • ICONickICON Naming Service ICONick is a convenient ‘wallet ID’ used in the ICON network. Use your own unique nickname to replace the long and complicated default wallet address to conveniently transfer or exchange ICX.
Cons
  • Are there any existing projects/products built on the loopchain? Or only Proof of Concepts so far?

Revainrating 5 out of 5

This coin is steaming hot thanks to the latest rise in price that icon has…

This coin is steaming hot thanks to the latest rise in price that icon has gone through on the market where we can fly up to the top and go back to the bottom with a single drop.

Pros
  • Icx token has experience a major rise in price that totaled in 11% up against the dollar . Icx is now being traded at 4.50$ per one unit . The most interesting thing avout icon project is the fact that this platform along with its main token value.
Cons
  • Icon has some disadvantage. It suddenly chage to the price of ether . Steep increase in the price of ether mean that holders of icx may on mass destroye their coins.

Revainrating 4 out of 5

ICON Republic is the “hub”, of sorts, for all the various communities on the…

ICON Republic is the “hub”, of sorts, for all the various communities on the ICON network. C-Reps are responsible for making and managing this connection. All of the above is powered by ICON’s “Nexus” multi-channel blockchain, which is itself based on loopchain. Loopchain uses a Loop Fault Tolerance (LFT) consensus algorithm, which is very similar to a DPoS system, where C-Reps are “delegates” for their own communities on the network.

Pros
  • The ‘Korea Financial Investment Blockchain Consortium,’ a blockchain consortium backed by 25 securities firms, is the first group to implement loopchain technology, and is already using the Chain ID service for autonomous authentication and generating and verifying of digital signatures. The implementation of ICON should speed up the clearing and settlement process for a stock transactions, which, due to traditional intermediaries and centralised institutions, can take 2-3 days – the US spends over $9 billion on this process every year.
Cons
  • Additionally, a partnership has been signed with Woori Bank – the 2nd largest bank in South Korea and a subsidiary of Woori Financial Group – whom the ICON team will be advising in the creation of a bank-issued digital currency which is tied 1-1 with the Korean Won, in the same way as Tether (USDT) is with USD, but in an auditable and trusted way.

Revainrating 4 out of 5

ICON’s primary goal of connecting separated blockchains into one overall…

ICON’s primary goal of connecting separated blockchains into one overall blockchain ecosystem requires a fairly complex setup. The proprietary loopchain technology is the core fundament behind the system, with loopchain being powered by Loop Fault Tolerance (LFT) consensus, which is intended to be faster and more efficient than most other Byzantine-based consensus algorithms – here’s a good LFT primer from a more detailed technical perspective.

Pros
  • C-Reps act as the elected officials for individual communities. Communities vote for their C-Rep, and the Rep then has to take control of governing matters – such as transaction verification – similar to how delegates act within a Delegated Proof of Stake (DPoS) system – and they are rewarded with ICX in the same manner. C-Reps are not permanent positions and can be transferred.
Cons
  • Score, or “Smart Contracts on Reliable Environments”, ensures high-performance smart contract execution since it runs directly in real runtime but not a separate virtual machine, unlike other platforms such as Ethereum. It is “executed on a runtime based on a container separated from basic blockchain process, so the basic blockchain process can still function properly even if there is problem with Smart Contract”. Thinking as an investor I found given ICON Price Predictions not reliable so I took it to myself to study the matter and I have got few possibilities for ICON (ICX) coin in the near future. These forecasted possibilities are as under. These are the things that must be in the minds of investors as they should know everything about in what they are going to invest. If we try to scale the coin from its merits and demerits then I must say that it has a hand of merits and is also supported by well-known Business Firms renounced over the world.

Revainrating 5 out of 5

As a blockchain, i think ICON is ahead compared to some others in the same path…

As a blockchain, i think ICON is ahead compared to some others in the same path. So I think they have a good plan and future

Pros
  • They have used the C/C++ language in the developments with the intention of increasing the transaction and processing speeds.
Cons
  • The ICON project has got the scalability issue and they need to fix this issue or find alternate plus points for their project

Revainrating 5 out of 5

ICON team should address miner issues from the inside and be interactive with…

ICON team should address miner issues from the inside and be interactive with the community and the project will moon very soon

Pros
  • The project provides this technology called loop chain technology which connects financial, insurance,educational and other industries to a single network and allows to make transactions.
Cons
  • Due to the regulations imposed by the Korean government, there are potential risks for the project

Revainrating 5 out of 5

I see ICON project as a good future prospect and have the ability to develop…

I see ICON project as a good future prospect and have the ability to develop into a very good project.

Pros
  • ICON allows the blockchain communities all over the world to interact with each other using smart contracts.
Cons
  • The competition ICON have is a very strong and competitive. There are many similar projects going and some are even stronger than ICON.