HYCON, which stands for Hyper-Connected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team in Gangnam, Seoul. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm. This makes HYCON a next-generation cryptocurrency which can be used in the real economy. Honest transactions can be confirmed or rejected definitively in mere seconds, due to the high volume of blocks published within that time interval. Transactional throughput up to 3000Tps on a 2MB/s connection can be achieved as a starting point of the project. The DAG structure coupled with the SPECTRE protocol allows for network latency to be essentially removed as a limiting factor on transactional throughput. Blocks that are received out of order can still be ordered based on their implied position in the DAG rather than the time they were received. HYCON is Phase 1 of the Infinity Project Ecosystem and positioned for wide adoption as an efficient medium of exchanging value for enterprises, small businesses, governments, NGOs, and individuals. Together with the Infinity blockchain, HYCON will power the Infinity Platform (Phase 2) and Infinity Decentralized Exchange (Phase 3). The Infinity Platform will feature a simple and intuitive user interface to empower anyone with the ability to create their own customized and private Infinity blockchain. For example, enterprise solutions built upon the Infinity Platform will help increase accountability, enhance transparency, and improve data security, thus bringing value to companies and society.
A Next Generation Blockchain for a Programmable Economy Platform : The Engine Behind the Most Dynamic Enterprise Infrastructure EdenChain is a blockchain technology designed specifically with enterprises in mind. It is a fast, secure and reliable third generation blockchain platform that allows all tangible and intangible values to be capitalized through smart contracts, enabling people to freely trade through the internet without intermediaries There exist a plethora of tradable asset classes in the world, such as stocks, bonds, real estate and commodities amongst money others. Individuals buy and sell these assets for various financial and non-financial purposes. As technology continues to develop, more unique asset classes have begun to emerge, such as copyrights, insurance policies, and derivatives, which all contain tradeable value when certain conditions are met. With EdenChain, existing assets can be replaced with blockchain-based tokens and their ownership can be registered; the necessary conditions can be specified through smart contracts according to the characteristics of the asset.