Review on ICON by Fábio Henrique Guimarães
ICON
ICON is a network of decentralized blocks focused on interopperability. With blockchain protocol ICON-SET, independent jail, independent chains like Bitcoin and Ethereum can connect. Except crossuse cases that are impossible without a layer of interopability like ICON. ICON protocol describes as a general blockade protocol based on the CCX of native cryptociurity that can execute intelligent contracts, adopt BFT-DPS. ICON network is fed by a blockchain engine called Loopchain and has the ability to deal with hundreds of transactions per second. ICON's project began to secure integrity and transparency of shared data between institutions and companies, and moving mutual assets in heterogeneous blockchains without a centralized organization. In the long run, ICON's network points to become an interchain that connects multiple currents based on BTP technology. The blocker is fed by loopchain, a blockchain engine designed by ICONLOOP. ICONLOOP is responsible for the loop and adoption of the Enterprise in South Korea. Loopchain is the standard platform of the Seoul Metropolitan government.
Pros
- A very promising project.
Cons
- No negative points so far.
