Review on ICON by Syzmon Nowak
ICON, a great idea is backed this platform
This platform was created with the intention of integrating several blockchains into its own block chain. As a result, it would be the ideal platform for businesses that need apps with specialized qualities to meet certain demands or address specific issues.
The network uses its own consensus method, Loochain, which has the ability to integrate with other blockchains and provide different services to its platform depending on the needs at the moment. Personal nodes, community nodes, and the ICON network are the three pillars of its technology.
The primary benefit of ICON is that it attempts to address problems in people's and businesses' everyday lives through the usage of blockchain technology applications.
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Pros
- In a blockchain technology context, it enables interaction between digital currencies, communities, individuals, and organizations.
- It is a completely decentralized network that may be accessed at any time.
- Their ICX digital currency may be used to make real-time payments and to conduct blockchain technology protocol swaps.
Cons
- This platform's generating capability has nearly reached its limit.
