How is ICX issued and what are the future issuing plans?
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
Are there transaction fees on the ICON network?
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
Who is responsible for block generation and governance decision-making?
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
Will C-Rep and P-Rep candidates register as candidates voluntarily?
The candidate registration will be done voluntarily.
Wed, 12 Dec, 2018 at 8:51 AM
What is the role of C-Rep and what is the reward?
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
How is the governance of ICON Republic operated after the launch of Mainnet?
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
How can I participate as a C-Rep in Nexus?
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
Can general participants in the network vote for C-Rep or receive compensations for participating in the network?
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
Are there preparations in case of any wrong-doings by a C-rep?
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
Which factors are evaluated through IISS?
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