INTRODUCTION
This program is solely meant to revamp the activities of the blockbuster domain especially the way individuals get to use and deal with funds and transactions. It is inclined to providing adequate security, speed and convenience in that aspect while also increasing scalability up to an acceptable level. It provisions however will not be not be limited to a time frame or a particular period but will be useful at anytime needed. More so, its ecosystem is made such that it is very easy to interact with and use no matter ones level of experience with the digital community or how expert one is.
PROBLEMS TO BE SOLVED BY ICECHAIN
The major issue this project seeks to address is that of the lacking scalability that has reduced the effectiveness of both BTC and ETH to a very poor state and the fact that nothing has being done about it is a real challenge to fix for things to fall back to the right order. This feature is known to be the major reason why many has post faith in the said ledger scheme and digital currencies.
It is really not a good thing to have ones transactions delayed or terminated in the process of making a deal with a client or with other users and unfortunately, this has kept on happening for a long time now and the delays is really affecting them due to the fact that time itself is like a currency that must be taken seriously. Thus analysed problem has been the reason why many companies have had to closedown or are currently experiencing a setback in their activities.
THE NATURE OF ICECHAIN AND SOLUTIONS IT BRINGS.
The main thing to consider is that this platform is composed of a well structured tech and infrastructures that are able to confer perfection to all its processes and functions. It has this infrastructures gathered and built by the professionals in the field that are well skilled and vast in the knowledge of the ledger System and also in IOTs. The result of their work in it is that the number of transactions that can be done per second is increased to about 100,000 which is much more acceptable and helpful. Furthermore, a special node is possessed and this helps to take care of all the deals in the ecosystem up to about average hash power and this helps to lower the cost attached to make an operation successful.
ICECHAIN is a means to solve the issues of scalability and provide a means by which all transactions can be taken care of and perfected in real time other than the way it has always being. The brain behind this platform capability in making this possible is the shared tech which is very functional and effective in the ecosystem. In this new innovation, the design is such that users get their activities done as fast as possible without having to depend on the miners. The transactions are confirmed and verified without delay.
It has to make use of the said shared tech due to the fact that it is able to function as a replacement for the major PoW which is the major functionary of the BTC. The reason why the shared tech is preferred is that it well able to store a large mass of info than the PoW without a needed ledger for the work. The time taken to have this done is also shorter in contrast to when the PoW is used for the same purpose.
ADVANTAGES OF ICECHAIN
There is a double layer which is able to confer high throughput for the Investors which uses it and all they do in it. This is what makes many deals to be done at the same time without waiting for the completion of another thus making it able to accommodate more and more of them without breaking down or losing speed. To effect that and sustain the process, an EVM infrastructure is used to energize the double layer tool.
The users will be able to take advantage of the existence of Icechain as a dual-chain system which makes the tech more superb in its operations. One of the unique chain is the head chain which allows perfect distributivity of the transactions and it is also achieve an 100% hash rate which Fosters the process. The system is very accurate in all the features it deploys in it.
THE UNIQUENESS OF ICECHAIN.
It handles the issues of scalability perfectly than other platforms and can run a perfect condition for all the transactions carried out by the users. The security it is able to provide is really remarkable and able to protect the resources of users and also keep the ecosystem in perfect state.
TOKEN INFORMATION
Token ticker: ICHX
Total supply: 1,000,000,000
Hardcap: 11976 ETH
Token price: 16700ICHX per ETH
Minimum purchase: 0.1ETH
CONCLUSION
The token it uses is the ICHX which is of an ETH platform. It will be used to take care of all the funding in the setup and for paying rewards. Investment also will be made through it following the steps and description in its website icechain.io for all who will be interested in investing in it.
For further insight, kindly visit the following links below:
Website: https://icechain.io/
Whitepaper: https://icechain.io/icechhain_whitepaper_v0.1.pdf
Telegram: https://t.me/theicechain
Twitter: https://twitter.com/theicechain
Facebook: https://www.facebook.com/theicechain
Reddit: https://www.reddit.com/user/theicechain
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5057035
AUTHORS DETAILS
BTT Username: oly4life
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1577997