ICON is a scalable smart contract enabled blockchain platform with an innovative consensus mechanism, decentralized governance structure, and a long-term goal of interoperability between enterprise and public blockchains.
As a brief overview of the technical details: ICON has smart contracts known as SCOREs that are written in Python, an enhanced BFT (Byzantine Fault Tolerance) based algorithm known as LFT, and a concept known as “Virtual Step” allowing SCORE operators to cover user transaction fees.
Our goal is to Hyperconnect the World, and by combining groundbreaking technology, a strong community, and relentless growth strategies we believe this goal is reachable.
- LFT
- Transaction Fees - [download yellow paper]
- IISS - [download yellow paper]
- BTP
- Governance - [download yellow paper]