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.
NEXT.coin is a public company registered in the Netherlands, as well as a Limited company in England and Wales. Our team is composed of highly experienced individuals and successful entrepreneurs. In 2017, together as a team of young pioneers, we developed a hybrid cryptocurrency exchange platform, NEXT.exchange. Our platform provides individual Blockchain wallet addresses for each user for his or her assets, the ability to deposit, withdraw, and trade cryptocurrencies directly against fiat currencies, such as the United States Dollar, Euro, British Pound, Turkish Lira, Russian Rubles, and the Chinese Yuan. Our goal is to make it 'easy and safe' to trade cryptocurrencies on a convenient user-friendly interface that connects social, company information and in-depth analyses to make it as simple as possible for our users to join the digital economy. Together with our legal team and advisors, we are taking all of the necessary steps and measures in order to operate as a regulatory compliant hybrid exchange platform, as well as to maintain appropriate KYC/AML policies.