The blockchain is still the leading buzzword in the tech world. The adopters think it will revolutionize the financial sectors including real estate, healthcare, and law. The ability to work in a distributed environment with the tamper-proof facility is the core source behind all these hypes.
But due to their complexity and their encrypted, distributed nature, blockchain transactions can take a while to process, certainly compared to “traditional” payment systems such as cash or debit cards. Bitcoin transactions can take several hours to finalize, which means there are inherent problems in the idea that you will be able to use them to pay for a cup of coffee in your lunch hour, unless the vendor is willing to take on an element of risk. And wasn’t that something which the “trustless” nature of blockchains was expected to remove from the equation? A lot of these problems resulted because of lack of scalability due to the large adoption of the technology.
A lot of claimed blockchain’s problems solver platforms have emerged but their solutions have been insufficient due to one reason or the other. This article is to introduced a platform called ICECHAIN which will be creating a new era and generation of blockchain which aim to solve all the problems associated with the technology.
The ICECHAIN platform is built with the potential to lead to radical simplification and cost reduction for large parts of many digital ecosystems, while making them more open, secure and reliable. User and business data is collected and stored in a secure distributed way through the high performance blockchain integration.
The platform is built with an ability to issue block rewards and use less hash power overall. Block rewards will be issued on a proportionate basis which will decrease the overall energy needed for mining and make the platform economically efficient. This builds on from where the last generation of digital currency platforms left off and will allow lceChain to have a dominant level in the industry.
The solution created by IceChain platform is a popular fraction technology. This allows you to perform multiple transactions at the same time. Compared to Bitcoin, it is very clear that IceChain will be able to support concurrent transactions and still be able to scale everything in real time.
As the major features of the blockchain technology are decentralization and fastness, IceChain has been built with a double layer that provides high throughput. There is also protection against double costs, and the smart contract will be supported by Ethereum Virtual Machine. Aside that, icechain manages dual circuit. The first is the head circuit, which will become a model for the decentralization of the system. It has the ability to reach a 100 percent level of hashing power, and when it is, the platform will be focused as its own chain. There are about 10 small blockchains that will help the main chain in its work.
IceChain Token (ICH)
ICH is an IceChain own token. It is an ERC-20 Etherium based token designed to fuel the activities on IceChain, also available for mining and to use for bounty rewards.
Token details
Token Name: ICH
ICO Rate: 1ETH = 16700 ICH
Currency Accepted: ETH
THE ROADMAP
THE TEAM MEMBERS
For additional information:
WEBSITE: https://icechain.io/
BITCOINTALK THREAD: https://bitcointalk.org/index.php?topic=5057035
WHITEPAPER: https://icechain.io/icechhain_whitepaper_v0.1.pdf
FACEBOOK: https://www.facebook.com/theicechain
TWITTER: https://twitter.com/theicechain
LINKEDIN: https://www.linkedin.com/company/iceblockchain/
TELEGRAM: https://t.me/theicechain
STEEMIT: https://steemit.com/@icechain
REDDIT: https://www.reddit.com/user/theicechain
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USERNAME : IDRIX1
LINK : https://bitcointalk.org/index.php?actio ... ;u=1328628