A public chain worth paying long-term attention to
ICX coin, also known as ICON, is known as "Ethereum" in South Korea.
Project background: The ICX project was initiated by Koreans and aims to achieve interconnection and transactions between different blockchains through the "Blockchain Transfer Protocol".
Technical features: The ICON network is based on the native cryptocurrency ICX and adopts the BFT-DPoS consensus protocol. It has the ability to process hundreds of transactions per second to ensure the integrity and transparency of data and asset transfers.
Application and landing: ICX has established blockchain alliances in the fields of banking, securities, insurance, etc. in South Korea, providing cross-domain blockchain ID, payment and transaction and other distributed application services.
Market performance: The price and market value of ICX coins will fluctuate according to market conditions, and investors should carefully assess risks.
Status: As the first basic chain project in South Korea, ICX is highly valued by the South Korean government, so it is called South Korea's national blockchain and South Korea's Ethereum.
In summary, ICX coins have an important position in the Korean blockchain field, but investors should carefully assess risks when participating.