Governance
The amount of newly issued ICX is an increment function of the growth rate in the ICON Network activity. The annual issuance rate is approximately 5%~10%, h...
Sat, 15 Dec, 2018 at 3:10 AM
Even though the minimum transaction fee is currently set to 0.001 ICX, additional fees are determined according to a degree of complexity and size of each tr...
Thu, 13 Dec, 2018 at 10:50 AM
C-Reps (Community Representatives) and P-Reps (Public Representatives). A C-Rep, representing a Community connected to the ICON Network, is elected via auto...
Thu, 13 Dec, 2018 at 10:52 AM
The candidate registration will be done voluntarily.
Wed, 12 Dec, 2018 at 8:51 AM
C-Rep refers to a C-Node (Consensus Node) that represents a Community. C-Rep functions as a portal which connects a blockchain community to the ICON network...
Thu, 13 Dec, 2018 at 10:56 AM
Once ICON communities are activated and internal operational data is accumulated, hyper-parameters will be altered based on the consensus of on-chain governa...
Thu, 13 Dec, 2018 at 10:56 AM
The minimum conditions for becoming a C-Rep and the total number will be defined for the efficient communication within the ICON network. Certain community ...
Thu, 13 Dec, 2018 at 10:59 AM
General participants can participate in the network by delegating their IISS score to the P-Rep/C-Rep they wish to support. Also, every participant can rece...
Thu, 13 Dec, 2018 at 11:01 AM
If one of the leader nodes proposes an invalid block and if validator nodes vote for invalid blocks or vote against the rules, a penalty will be implemented...
Thu, 13 Dec, 2018 at 11:03 AM
The factors in the ICON Incentive Scoring System (IISS) consist of block generation/verification by P-Reps/C-Reps, evaluation score of an ICON DApp, evaluati...
Thu, 13 Dec, 2018 at 11:07 AM