ICON’s fee system has been updated. ICON’s transaction fee measurement unit is Step, which is set to meet ICON’s smart contract implementation environment. The price of Step is indicated as ‘loop’ and 1 loop is fixed to 0.0000000000000001( 10^–18) ICX.
‘Step Limit’ means the maximum amount of Step that you are willing to pay to execute the transaction.
Even if the Step limit is set high, it will only consume the amount of Step needed to create the transaction. However, if you set Step limit too low, the fee will be spent and the transaction will not be executed, so please be careful.
The ICON ICO will be the largest ICO in Korea. Overall, ICON aims to raise $44M over the span of 2 weeks. The ICO starts on October 20th, 2017 and ends on November 3rd, 2017. ICON will distribute 400,230,000 ICX which can only be exchanged with Ethereum (ETH). 1 ETH has a conversion rate of 2,500 ICX (1 ETH = 2,500 ICX).Tam incelemeye bakın