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What is icon in blockchain?

[7] ICON is a permission less, non-hierarchical network of computers (nodes) that build on a growing series of "blocks" of transactions, known as a blockchain. Each block contains an identifier of the chain that must precede it if the block is to be considered valid.

What is blockchain technology?

Now in its 3rd edition, IBM’s Blockchain for Dummies has introduced blockchain to more than 68,000 readers. Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.

What is icon cryptocurrency (ICX)?

DEFINITION of 'ICON Cryptocurrency (ICX)'. ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. Next Up. Blockchain. On-Chain Governance. Distributed Applications (ĐApps)

What is icon's blockchain transmission protocol (BTP)?

ICON's Blockchain Transmission Protocol (BTP) enables cross-chain communication between smart contract-enabled blockchains. ICON is pushing for wider adoption of ICON interoperability standards in the industry by supporting not only BTP but also other interoperability protocols such as IBC, Optimistic Rollups and Zero Knowledge Proofs.

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