ICON ICX to Einsteinium EMC2 Exchange

Crypto Pair Details: ICX to EMC2

ICON 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. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied. Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized. ICON’s blockchain is more like the Plasma or Ontology blockchain in that its purpose is to act as an intermediary between other blockchains and networks. This interconnectability makes the ICON project worth keeping an eye on over the next decade. ICON sports its very own decentralized exchange. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic. In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic.

Einsteinium EMC2

Einsteinium (EMC2) is a new cryptocoin with the tagline 'Cryptocurrency with Wormholes'. The goal of Einsteinium is to help invest in the future and fund scientific researches. The Einsteinium Foundation is setup to help raise funds from the community to fund interesting scientific projects. Einsteinium claims no coins have been pre-mined since its inception. It is powered by the Kimoto Gravity Well to ensure fair difficulty adjustment to protect themself from heavy weight miners. In order to fund the Einsteinium Foundation, all mined blocks will make a compulsory 2.5% donation to the foundation fund. The community will then vote as to which scientific project should be funded. EMC2 coin has wallet for all major platform which includes Windows, Mac, and Android.

SOURCE: COINGECKO

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