A Decentralized Aggregator Network With Interoperability.
ICON is a blockchain protocol for decentralized applications. As an aggregator chain, it achieves interoperability—a web of interconnected networks aggregating all blockchain data into one layer.
Join the ICON network that includes the Seoul Government, Samsung, LINE and the world’s largest corporations.
Our Vision
To build a trusted decentralized global network, that allows anyone to connect to any blockchain, so people, businesses and communities can all share their services in a transparent way. Helping hyperconnect the world, and bring global communities closer together.
A new world where everyone builds and connects their own communities, thats the world that ICON will create.
The ICON Network
What is Blockchain?
Blockchain is a growing list of records called blocks that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
The blockchain is an open, distributed ledger that can record transactions between two parties efficiently in a verifiable and permanent way without the need for a centralized middleman.
ICON & ICX
Founded in 2017 by the ICON Foundation, ICON is a next generation blockchain protocol with smart contract functionality and interoperability. ICX is the native cryptocurrency of the ICON network.
The ICON network is powered by a high throughput blockchain engine called ‘loopchain’, developed and updated by blockchain industry leaders, ICONLOOP. In the process, ICON has made several industry breakthroughs, including its recent consensus algorithm and interoperability protocol: Blockchain Transmission Protocol.
How Our Network is Built
The ICON Network consists of 2 primary actors: ICONists: the users, stakers and delegators of the ICON Network, and Public Representatives: those who run validator nodes on the ICON Network. Applications are the use cases of the ICON Network.
Thanks to our vibrant community, our network is continually expanding. There are several ways you can participate in and have a say in ICON’s Governance: how our network operates.
ICON in Korea and the World
ICON is a rapidly growing global project with strong roots in Korea. ICON’s key technical development partner, ICONLOOP, has received the Ministry of Science and ICT Award for its role in popularizing the blockchain space in Korea, the first and only blockchain company to do so.
ICONLOOP’s partners include Korea’s industry leaders and several government entities. ICONLOOP is currently the largest blockchain company in Korea with over 140 employees.
ICON Features
Decentralization
With ICON’s Delegated Proof-of-Contribution protocol enabling 22 fluid public Representatives to produce and validate blocks while participating in governance. ICON is one of the largest decentralized networks in the world.
Interoperability
With interoperability technology aiming to bridge all blockchain networks, both private and public, networks will be able to communicate through smart contracts on ICON’s Network of Networks.
Speed & Safety
ICON boasts blazing fast 1300+ transactions within 2 second block confirmation times and is constantly evolving. ICON has recently received high praise from KAIST University for its industry wide consensus algorithm breakthroughh, LFT2, which doubles speed without compromising safety.
Acceleration
ICON has an extensive acceleration network for its startups and partners with ICX Station partners in Seoul, San Francisco, and Tokyo. Build on ICON and receive global acceleration.
ICON Staking and Delegation
10.60% per 1 ICX staked
The more you stake, the more you earn
ICON currently boasts one of the highest rewards for blockchain staking.
It is important to delegate to P-Reps that add value to the ICON ecosystem to ensure the growth of the network and your staked ICX.
Official wallet for managing tokens on ICON Network. Easily vote and get rewarded.
MyIconWallet is ICON's Wallet supporting ICX and various cryptocurrencies.