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John McAfee Says He Will Reveal Who Satoshi Nakamoto Is

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John McAfee

John McAfee

According to a Bloomberg report, notorious crypto enthusiast and antivirus software maker, John McAfee, claims to have spoken with Bitcoin creator Satoshi Nakamoto. Further, he says he will reveal this person’s identity.

John McAfee Claims to Know Satoshi Nakamoto

When this reveal will be, however, remains unclear, despite McAfee initially telling Bloomberg he would expose Nakamoto “within a week.” McAfee said yesterday that the controversy his announcement would bring could damage his efforts to fight extradition to the US. Saying in a Twitter post:

“Releasing the identity of Satoshi at this time could influence the trial and risk my extradition […] I cannot risk that. I’ll wait.”

But in speaking to Bloomberg, McAfee said the following:

“I’ve spoken with him, and he is not a happy camper about my attempt to out him.”

However, it remains skeptical whether his claim is true—so many others have attempted to track down the Bitcoin pioneer and failed.

Satoshi Nakamoto

Satoshi Nakamoto is the pseudonym given to the person or people who created Bitcoin and spawned an entire currency. There have been multiple theories as to who the creator of the digital coin is, with each one causing hot debate. No one who has come forward with a suggestion has ever been able to prove it and theories are often quickly discredited. The mystery has gone so far as to suggest Tesla CEO Elon Musk is Satoshi Nakamoto—something he himself quickly denied.

Other claimants include Bitcoin SV founder Craig Wright and Ethereum co-founder Vitalik Buterin.

All we know is if McAfee’s claim is true, then Nakamoto is a man living in the US.

>> Bitcoin Price Surges to a New 2019 High: $5,600 and Climbing

Trust McAfee

In speaking to Bloomberg, McAfee reminded people that he has spent a lifetime tracking down hackers, meaning he is well capable of tracking down Nakamoto.

“People forget that I am a technologist […] I am one of the best,” he furthered.

What do you think? Do you believe McAfee?

Featured Image: DepositPhotos © photoagents

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A Closer Look at Satoshi Nakamoto

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Satoshi Nakamoto

Satoshi Nakamoto

Satoshi Nakamoto is the alias used by a person or group who authored the Bitcoin whitepaper. Satoshi is the creator of the first release of the Bitcoin protocol and blockchain database. The alias was used in email and forum correspondence from August 2008 through April 2011.

History

Satoshi’s first appearance in the world was the publication of the Bitcoin whitepaper to several mailing lists on October 31, 2008. Beginning in 2007, Satoshi wrote the initial codebase for Bitcoin and released it on Sourceforge on January 9, 2009. On January 3, 2009, Satoshi created the ‘Genesis Block’ of Bitcoin containing the text, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This text is in reference to the headline of the front page of “The Times” newspaper from England and Satoshi’s dissatisfaction with Fractional Reserve banking.

For two years, Satoshi was very active in creating and promoting Bitcoin, including:

From mining Bitcoin in the early days, addresses belonging to Satoshi have amassed approximately one million Bitcoins.

His last verifiable communication to the world was in April 2011, simply stating:

“I’ve moved on to other things. It’s in good hands with Gavin and everyone.”

Attributed Innovations

Both Bitcoin and the Blockchain Protocol have been attributed to Satoshi Nakamoto, as well as Predicative Script.

Possible Identities of Satoshi Nakamoto

There has not been any verifiable proof as to whom the individual really is. The following individuals have all been thought potential Satoshi Nakamotos at one time or another.

Dorian Nakamoto

A high profile article in Newsweek penned by Leah McGrath Goodman suggested that Dorian was Bitcoin’s creator. He is a Japanese American man with the birth name of Satoshi Namakoto. He was trained as a physicist at Cal Poly Pomona and worked on classified defense projects. He has also done work for Citibank. He was laid off twice in the 1990s and was libertarian. In an interview, he responded to a question by stating:

“I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”

Later, it was revealed that he had no connection to the cryptocurrency, and he misunderstood the question as relating to his work with Citibank and not Bitcoin. Within twelve hours of the article being released, Satoshi Nakamoto’s account on the P2P Foundation website was hacked and posted the message:

“I am not Dorian Nakamoto.”

This message was posted by the hacker due to the vulnerabilities in GMX’s email system.

>> The Most Common Misconceptions About Bitcoin: Breaking the Mold

Hal Finney

Hal lived a few blocks from Dorian Nakamoto. Between this and a writing analysis, Hal is the closest possible candidate for being Satoshi Nakamoto. However, there is one event that discredits Hal as being Satoshi. In January 2009, when Hal and Satoshi were working on the early versions of Bitcoin, Hal encountered an error and posted a debug log to the mailing list:

“Hi Satoshi – I tried running bitcoin.exe from the 0.1.0 package, and it crashed. I am running on an up to date version of XP, SP3. The debug.log output is attached. There was also a file db.log but it was empty.”

Satoshi acknowledges the bug and releases 0.1.2 with a fix:

“All the problems I’ve been finding are in the code that automatically finds and connects to other nodes, since I wasn’t able to test it in the wild until now.  There are many more ways for connections to get screwed up on the real Internet.”

In the early days of Bitcoin, Bitcoin sent and received transactions directly between clients using IP addresses. The debug log reveals the IP address of three users connected to the IRC channel. On January 10, 2009, there were only two people working on the project at that time. Hal and Satoshi.

Tracing the IPs reveals Hal’s IP address and an IP address out of Van Nuys, California on a DSL connection.

Nick Szabo

Skye Grey, a blogger, linked Nick to the Bitcoin whitepaper using some writing analysis. Nick is a decentralized currency advocate and published a paper on “bit gold.” This is where things get iffy, vis-a-vis Szabo being Satoshi. Based on correspondence between Hal and Satoshi, while Bitcoin was being created, Satoshi was unaware of Bit Gold. Between January 2009 and March 2009, the reference to Bit Gold was added to the Bitcoin.org website.

Craig Wright

On December 8, 2015, Wired magazine wrote that Craig:

“Either invented bitcoin, or is a brilliant hoaxer who very badly wants us to believe he did.”

Craig had established an elaborate scheme of website postings and email correspondences to create the appearance that he and David Kleiman were Satoshi Nakamoto. A very lengthy article written by Sam Biddle and Andy Cush for Gizmodo on December 8, 2015, unpacks Craig Wright’s assertions and business dealings leading to many more questions than answers.

In May of 2016, Craig Wright went on several interviews with the BBC, The Economist, and GQ and claimed to provide technical proof that he is Satoshi. Gavin Andresen originally stated that Craig Wright was Satoshi before retracting his claim.

Despite his assertions, the clearest proof that he is Satoshi has never been provided—none of the original wallets with Bitcoins mined by Satoshi have ever been moved in any way.

Featured image: DepositPhotos © info@crashmedia.fi

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Back to the Basics | Can Stablecoins Save Crypto’s Soul?

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stablecoins

stablecoins

When the perpetually mysterious Satoshi Nakamoto, founder of Bitcoin, set out to build his own cryptocurrency, it’s fair to assume that he didn’t foresee where his creation would be just 10 years down the line.

This isn’t to say that the enigmatic developer didn’t have big plans for Bitcoin. After all, the aim of the digital currency was to ultimately overthrow the financial sector of the time. Instead, it became a capitalist dream—hurtling towards market values of almost $20,000 at its peak, before caving in on itself over the twelve months that followed.

Astoundingly, considering the unprecedented connectivity that we enjoy today, Satoshi Nakamoto has never been officially identified following the rise of his creation. Considering that he is rumored to own around 1 million Bitcoins that haven’t been touched—even during the cryptocurrency’s highest peaks—this has led to some investors to claim that Nakamoto died after founding his digital currency.

It would be quite something to hear Nakamoto’s thoughts on the ecosystem that he created. In the early days of Bitcoin, some adopters were keen to get the cryptocurrency up and running as a viable payment alternative—with some hip fast food places accepting the coin and a few businesses offering to pay salaries in Bitcoin.

Cryptocurrency startups established themselves in a bid to support transactions through Bitcoin. BitPay could’ve paved the way for the currency to be used to buy groceries or cinema tickets, but adoption wasn’t widespread enough to bring viability and Bitcoin began to mutate.

Last year, The Next Web found that 44% of all Bitcoin transactions are for illegal activities. Users found that Bitcoin was an ideal and untraceable currency for use on the dark web.

Writing for The Outline, Adrianne Jeffries said, “Nakamoto was a libertarian who wanted to create a system for payments that would circumvent governments, bankers, and corporations.”

He continued, “Instead, Bitcoin is now a get-rich-quick scheme that retains none of the exciting, anarchist features it proposed and has created a secondary economy with financial shenanigans that mirror the ones that led to the global financial crisis.”

It would be hard to classify Bitcoin as a failure, but it’s fair to say that the cryptocurrency has lost the soul it had as an emerging financial alternative off the back of 2008’s devastating financial crash.

There is, however, hope for the soul of the crypto-ecosystem as a whole.

2020 promises to be one of the biggest years for the world of cryptocurrencies. Stablecoins aren’t exactly new, but with the anticipated arrival of Facebook’s Libra and Wells Fargo Digital Cash, the volatility-free industry of stablecoins looks set to take centre stage.

Stability in the Face of Volatility

In December 2017, Bitcoin reached a value of almost $20,000; one year on it had dwindled to nearly $3,000.

As a digital currency that was designed to operate as a reliable alternate payment system, the success of the Bitcoin bull run in 2017 rendered the cryptocurrency unfit for its intended purpose.

>> Ripple Transfers XRP to New Trading Address: Bad News for Crypto?

Stablecoins, however, are pegged to real-world assets like the US Dollar or gold. Because of this, there aren’t any meteoric rises in value, but no crippling drops either.

Ethically speaking, stablecoins will be free from the clutches of speculators and profit-turning investors, leaving the digital coins to operate as they should—as a universal currency that can be used seamlessly beyond borders.

Practical Application

Stablecoins like Wells Fargo Digital CashTimvi (TMV), and Tether have been designed with convenience in mind.

When Wells Fargo announced its own digital stablecoin, the banking giants did so with an eye firmly fixed on enabling easy transactions. Lisa Frazier, head of the Innovation Group at Wells Fargo, boldly predicted that Digital Cash will be “faster than SWIFT, cheaper and definitely more efficient.”

Wells Fargo Digital Cash uses R3’s Corda Enterprise software to leverage swift book transfers internally—enabling funds to move seamlessly from a payer’s account to a payee’s account within the bank.

The true pace of Digital Cash remains to be seen, but if it is indeed faster than SWIFT, then it represents a step in the right direction towards utilizing crypto payments for everyday activities—like buying a coffee on the way to work.

Reaching the Unbanked

When Facebook announced Libra, its stablecoin that’s due to be released in 2020, it was done so from a humanitarian perspective.

Libra has been developed with the aim of reaching out to the unbanked citizens of the world. “For many people around the world, even basic financial services are still out of reach: almost half of the adults in the world don’t have an active bank account, and those numbers are worse in developing countries and even worse for women,” wrote Facebook subsidiary Calibra in a recent company statement.

Facebook, along with 28 other founding members of The Libra Association, including Visa, Mastercard, PayPal, Uber, Lyft, and Coinbase, among others, will focus on developing a stable universal currency that’s designed to accommodate low-cost transactions across borders.

“The goal of this new project is to build a financial ecosystem that can plug in and empower billions of people,” explained Dante Disparte, head of policy and communications for the Libra Association.

It’s early days yet, but 2020 may well be a watershed moment for driving the world of cryptocurrencies away from the soulless Wild West period of late-2017 and 2018 and into a new era of inclusivity and innovation. Hope springs eternal.

This article was curated through CryptoCurrencyNews’ Contributor Program. If you would like to write for us, send us your submission!

Featured image: DepositPhotos © monsit

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ICON ($ICX) Charters Course to Blockchain Supremacy

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ICON

ICON

ICON

ICON (#ICONProject), the South Korean blockchain startup, is one of the few blockchain companies that has risen from the ashes of the crypto bubble of 2018. It has demonstrated a strong commitment to leading the charge towards realizing a blockchain-powered future.

ICON has a solid plan, through which it plans to become a central pillar that will support blockchain integration in many facets of society and the economy. However, we must look back a bit to understand the gravity of ICON’s plans and its journey ahead.

1. THE ROAD SO FAR

THE DEVELOPMENT OF BLOCKCHAIN TECHNOLOGY

The concept of blockchain technology was introduced alongside Bitcoin, which was the first cryptocurrency. Back then, the digital currency cast a huge shadow on blockchain and everything else as it scaled the heights of the brave new world. However, later, it started to become clear that blockchain represented a key component in the dawn of the decentralized world. The realization that blockchain would bring about many efficiencies was the foundation on which companies like ICON and many others were born.

BLOCKCHAIN IS NOT JUST A TECHNOLOGY THAT SUPPORTS CRYPTOCURRENCIES

Blockchain technology, otherwise known as decentralized ledger technology, allows cryptocurrencies to exist and to be sent from one crypto wallet to another. One can view it as a highway for digital currency, but it goes beyond that description. It is also a highway for rapid and secure transfer of data, as well as storage. These characteristics are the underpinnings that support the development of solutions that leverage the power of blockchain to achieve unparalleled efficiencies in various sectors. ICON aims to spearhead the development of such solutions that tap into decentralized technology.

ICON’S PURSUIT OF OPPORTUNITIES THAT BLOCKCHAIN HAS TO OFFER

Now that the public eye has shifted towards Bitcoin and identifying the advantages that it has to offer, ICON and other blockchain startups are kicking their developments into high gear so that they can demonstrate the capabilities of the technology.

Most of the opportunities that ICON is pursuing are government projects. Fortunately, the South Korean government is open to exploring blockchain’s potential and so it has vowed to invest heavily in the segment. The Korea Internet and Security Agency (KISA) recently announced that ICT and the Ministry of Science had identified 10 blockchain projects that they will fund in 2020. Each project will receive roughly KRW 600 million, which means that the Korean government plans to invest a total of KRW 6 billion in blockchain projects. This is exciting because it means the South Korean government is confident in blockchain technology.

The 10 blockchain projects include:

  1. The Ministry of Health and Welfare’s welfare management system.
  2. Jeju’s system that will manage the life cycle of electric batteries.
  3. Sejong City’s autonomous vehicle platform.
  4. Busan’s smart quality control system for sewer water.
  5. The National Highway Authority’s mutual trust system.
  6. Gangwon Province’s chronic disease management system.
  7. The Ministry of Food and Drug Safety’s platform for food safety data.
  8. South Gyeongsang Province’s blockchain project for regional public service based on DID.
  9. The Rural Development Authority’s management system for crop production and distribution.
  10. The country’s police force digital management system for handling evidence.

Another indicator that South Korea is going full speed with digital currencies and blockchain is the fact that the country will host a cryptocurrency conference in February 2020. Interestingly, it has not been without controversy because the UN issued a warning claiming that attending the event might be considered an international sanctions violation.

2. PUSHING THE BLOCKCHAIN ADOPTION AGENDA

ICON

ICON has made it clear that it is aggressively pushing forward with its plan to facilitate blockchain adoption. It highlighted some of those plans in the development roadmap update that it released in December 2019. The adoption agenda aims to provide various blockchain-based solutions that can be adopted to bring efficiencies into various sectors.

The adoption agenda has already started attracting key players. For example, the ICONLOOP’s practical solution called BROOF, which is a certificate issuance service, has already been adopted by the Pohang University of Science and Technology to facilitate the issuance of diplomas. This solution will digitize the diploma issuance process and allow easy certificate searches by employers. It will also discourage the existence of fraudulent certificates. It is one of the use cases that demonstrate how blockchain-based solutions can be integrated into society.

ICONLOOP also revealed recently that it secured anti-spam deals with the Korea Internet and Security Agency, Financial Supervisory Service (FSS), and 15 banks. The deal will allow the partners to use an ICONLOOP blockchain solution called Chain Sign as well as a Cyberdigm.

Chain Sign, just like its name suggests, is a platform for contract signing, while Cyberdigm is aimed at contract management. These developments leverage smart contracts technology, and they are aimed at bringing blockchain-based digital contracts into the mainstream. ICON is not limiting itself as far as its blockchain expansion pursuits are concerned. It has a lot planned out for various segments or industries, as seen below.

ICON

3. WHAT HAS BEEN HOLDING BACK THE MARKET?

THE SPECULATIVE TRENDS

Blockchain technology has been heavily associated with cryptocurrencies, and people did not recognize or were not aware of its capacity outside the scope of digital currencies during its early stages of the technology. Unfortunately, this also meant that the technology was overshadowed by cryptocurrencies, which were primarily driven by speculation. It stood in the way of progress as industries and critical market influencers held back the technology.

CAUTIOUS OUTLOOK

The speculation in the market hurt blockchain since it promoted caution in the market. It was also still a relatively new technology, and that meant that industries were not willing to invest in a technology that might affect their performance. Industries prefer to invest in technologies that are tested and proven.

ICON’S TIMING

All good projects must get the timing right; otherwise, they fail. ICON was waiting for the right time to execute its strategy. Now that the world has started to understand what blockchain is and its potentially positive impact, there has been an increased uptake of blockchain projects. It means that the atmosphere is changing in favor of the technology and so it is now the right time to make moves.

4. SURVIVING OR THRIVING AFTER THE CRYPTO BUBBLE POPPED

HOW THE CRYPTO BUBBLE WOULD HELP SEPARATE THE JOKERS FROM REAL INDUSTRY CHANGERS

There were many blockchain projects and startups that promised to be the next big thing at around the same time that the cryptocurrency market was booming. However, most of them seem to have failed along when the crypto bubble popped. This means that most of the projects that were not serious were automatically pushed out, and only those that had robust strategies remained. ICON is among those that are still going strong.

COMPARISON TO THE DOT-COM ERA

The cryptocurrency bubble has been compared with the dot-com era because of the boom that came with the dawn of the internet age. Many startups were launched back then, each attracting investors with their enticing growth plans. However, some did not make it as the proverbial bubble popped, but it did not end there. The internet has now developed into something that is far from what was initially imagined. And most of all, it is quite a lucrative technology. Blockchain is also seen as such, and it has also demonstrated similar trends to the initial years of the dot-com era.

5. ICON’S APPROACH TO THE MARKET AND WHY IT WILL LIKELY SUCCEED

ICON’S DEVELOPMENTS

ICONbet is one of the most notable developments from ICON. It is a DApp that is designed for the gaming industry, and it is based on ICON’s protocol. The blockchain startup expressed excitement over the growth of ICONbet, especially due to its fast-paced growth in terms of transaction volumes. It has become the leading DApp on the blockchain startup’s network. It gives a glimpse of a possible future where decentralized applications might be the norm, and that is where ICON wants to steer towards.

ICON’S INTEGRATION INTO THE SOCIAL AND ECONOMIC FABRICS

ICON’s strategy seems to be focused on segments that directly touch on societal trends. For example, its partnership with POSTECH enables the issuance of certificates and diplomas digitally and is a direct advantage to society. ICONbet also highlights how digital contracts can be used to improve aspects that are already deeply rooted in society, such as gambling. ICON aims to lead the migration towards digital contracts, which will offer a lot of efficiencies while saving resources such as time and money since contracts will be executed in a matter of minutes, if not seconds. This expedited and secure approach will provide efficiency. ICON can integrate this technology into different areas, and this is something that it plans to pursue.

ICON TO INTEGRATE WITH CHAINLINK

ICON also plans to widen its scope through high-profile collaborations such as its recent partnership with Chainlink, which is one of the top oracle solutions. Oracles facilitate interactions between smart contracts and data, as well as systems that are not in the native blockchain. In other words, Chainlink makes it possible for developers to create custom communications between smart contracts and off-chain systems.

If you are wondering why the partnership is essential, it is because it provides a real-world working scenario of cross-blockchain operations. For example, it will enable the use of the ICON app to access data from different blockchains. One can make a payment on one blockchain after a transaction goes through on a separate blockchain. The partnership will make it easier to develop ICON DApp-based financial products, with ICX in the middle of it all.

ICON’S APPROACH TO INTEROPERABILITY

Interoperability has been a recurrent subject in the blockchain community. There are many blockchain projects out there, and existing in a fragmented state would present other issues, especially to users. Fortunately, developers came up with the idea of interoperability to facilitate communication between different blockchains and blockchain-based solutions. ICON developed an interoperability solution called blockchain transmission protocol (BTP).

BTP VERSION 1.0

ICON revealed in its Roadmap update that it would release its BTP version 1.0 plans soon, probably at around the same time as the launch of the BTP version 0.5. ICON plans to commercialize BTP technology within the first half of 2020. The technology will facilitate interoperability between public and private blockchains. The blockchain startup is pleased with its progress so far.

The blockchain startup released a block structure upgrade at the end of 2019, and this added BTP capabilities. Some of those capabilities include allowing heterogeneous chains to facilitate cross-chain communication. The company has been working on bringing more stability to the feature. It had even halted the feature briefly after it was affected by a leader node initializing bug, but that problem was quickly resolved.

MOBILE STAKING

ICON’s October Roadmap update revealed that the blockchain startup had already completed development work that will enable mobile staking on its network. The update, however, announced that the developed features had not been released because they were going through quality assurance. ICON also noted that it planned to release the features in a matter of weeks, and sure enough, they were released by December.

ICONLOOP LAUNCHES MYID WITH PARTNERS IN MAJOR ECONOMIC SEGMENTS

2020 is shaping up to be an exciting year not only for ICON but also for the parent that is responsible for its developments, ICONLOOP. The latter plans to launch MyID, its blockchain identification service sometime this year. It already launched MyID Alliance in November 2019, which attracted more than 39 partners from different economic segments, including the manufacturing industry, e-commerce, securities, and finance, among others.

The partners will use MyID to incorporate a trusted decentralized ID into their ecosystems. ICONLOOP has three primary mission targets that it hopes to achieve together with MyID partners.

  • Business-focused: to facilitate business expansion through trust and financial sector authentication.
  • User-focused: to solve inconveniences suffered by users and also to develop use cases.
  • Globalization-focused: MyID aims to achieve globalization through its business model, which aims to connect and bring the IDs of countries and also to help them expand.

ICONLOOP’s Chief Financial Officer Jay Kim is the current business director in charge of MyID. He pointed out in a statement that ICONLOOP was excited about the launch of MyID because it is a step forward towards achieving a digital ID ecosystem that is based on blockchain technology. Mr. Kim also added that the partnership features both industries in the financial sector and those that are not of the financial sector.

ICON

The firms that have partnered with the project have joined because MyID Alliance is the first consortium that is ready to push digital ID into the mainstream. It makes a lot of sense that financial institutions, insurance firms, and security companies would jump on board since MyID is highly secure. It also offers a superior solution for authentication. It is so safe that Korea’s Financial Services Commission deemed it the only identification verification system that can be applied across the financial sector in South Korea.

MYID’S FUTURE LOOKS BRIGHT

So far, things are looking good for MyID, considering that it has already attracted several partners. However, ICONLOOP hopes that more firms will jump on board in the future. The blockchain startup estimates that it will have more than 100 partners by the end of the year and over 250 partners by 2022.

ICONLOOP hopes that MyID will attract significant companies such as Samsung. This is not a far-fetched scenario, considering that the authentication platform is quite robust. Major companies will likely want a piece of the pie. The involvement of significant firms would be a massive deal for ICONLOOP because it would help boost MyID’s popularity and contribute towards the agenda of doing it a global service.

ICONLOOP would get a leg-up if significant companies such as Samsung were to become MyID partners. Such a move would encourage investors to jump on board, thus providing more resources not only for MyID but for ICONLOOP’s other blockchain-based projects. Hopefully, this would lead to a ripple effect where those projects would also get global recognition.

6. HOW CAN INVESTORS LEVERAGE ICON’S GROWTH?

ICON’s aggressive growth has been paying off nicely. For example, the blockchain startup reported 5 percent weekly growth after decentralization compared to just 0.75 percent growth before decentralization. The startup’s network has been gaining more traction and currently has more than 80 validators. Meanwhile, ICX is recognized by 31 exchanges and cryptocurrency wallets. This data gives a glimpse of the growth opportunities now in the market.

To understand how to leverage these opportunities, we must first dive deeper into some of the platform’s operations. ICON uses a reward system and staking to power its Incentives Scoring System (IISS) ecosystem. The latter encourages activities and new developments on the network. ICON believes that it currently has the best Delegated Proof-of-Stake (DPOS) blockchain.

The reward system and the growth that ICON has been enjoying have been generating value for ICX, which the platform’s native token is. For example, it has a 9.7 percent yield rate, making it an ideal cryptocurrency to stake. Investors should consider investing in ICX, especially since the developments provide organic growth. JH. Kim, the CEO of ICONLoop, is optimistic about future growth, especially as decentralization continues to spread far and wide. So, investors should act now if they wish to enjoy the benefits of the anticipated growth well into the future.

7. SUMMARY

ICON’s roadmap and developments, as well as ICONLOOP’s other blockchain projects, highlight the steps that the blockchain startup has been making to lay the foundations of a blockchain-based future. ICONLOOP is slowly carving a name for itself as one of the most influential blockchain startups thanks to its world-class solutions, and soon enough, its popularity will be global. So far, the groundwork has focused heavily on developing the infrastructure as the solutions that can be adopted by multiple industries. ICONLOOP is carefully arranging the pieces of the blockchain supremacy puzzle together, and the picture is rapidly coming together.

Featured image: ICON

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