Strategy

There have been some issues flagged regarding the DPoS (Delegated Proof of Stake) consensus algorithm. How does ICON differ?
The problem with DPoS systems lies in the network authority centralization. By evaluating the contribution to the network solely based on the values of stak...
Wed, 12 Dec, 2018 at 8:32 AM
If most transaction fees will be paid in virtual step, where does the value of ICX come from? Demand for staking purposes only?
ICX usage is not only limited to transaction fees. You can do an ICO with ICON and pay with ICX to buy goods or services within a DApp. ICX can be used to ...
Wed, 12 Dec, 2018 at 8:33 AM
What type of group (community) does the C-rep represent? What is an example of a community? Business based or numbers based?
The C-Rep election will be executed over several strategic phases. Any private network built on loopchain can propose an entity to participate in consensus...
Wed, 12 Dec, 2018 at 8:33 AM
How exactly are LINE and ICON connected?
ICON has a strategic partnership with LINE, in both business and technological development. 1. Business - The ICON Foundation established a  joint ventu...
Wed, 12 Dec, 2018 at 8:34 AM
Can you discuss any new business developments?
Our current main focus is to continue developing business for achieving interoperability between ICON’s public network and ICONLOOP’s private network. For...
Wed, 12 Dec, 2018 at 8:34 AM
What is ICON’s relationship with SK Planet?
ICON has an MOU with SK Planet to explore opportunities to integrate blockchain into SK Planet’s leading mobile services in Korea, such as OK Cashbag and Sy...
Wed, 12 Dec, 2018 at 8:35 AM
What are some good examples of loopchain use cases currently being used?
Currently, several securities firms are utilizing the CHAIN ID service. CHAIN ID is the world’s first blockchain based joint authentication system. Samsung ...
Thu, 13 Dec, 2018 at 10:29 AM