All About Icon (ICX)

ICON (ICX) is a blockchain with the goal of "connecting crypto to the real world and advancing our society towards true hyperconnectivity." ICON aims to reach this goal by connecting independent blockchains and enabling transactions between them.

  • To do this, ICON uses the self-developed Loop Fault Tolerance (LFT) consensus mechanism. Built on on the Byzantine Fault Tolerant (BFT) Tendermint mechanism, LFT improves it by increasing performance through a consolidation of network messages.
  • ICON has a total supply of 800,460,000 token. During the ICO, an ERC-20 token, ICX, was sold, which was subsequently moved to the mainnet in June 2018.
  • ICON considers itself to be governed alike to an indirect democracy. To this end, ICON makes use of representation channels, reserve channels and incentives to align the votes of nodes and users.

Start Trading Now!

Download the Binance.US app here

ICX/USD

*Legal disclaimer:
This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.