Hycon ICO Review: Fast, Scalable Blockchain

What is Hycon?

Hycon, short for Hyperconnected Coin, is the next generation of the blockchain. Their team of hycon ico reviewexperienced developers are working hard to create one of the fastest blockchain networks that the world has ever seen. They have built-in safeties such as the Spectre algorithm and even plan on opening their own exchange.

The Infinity Decentralized Exchange will facilitate cross-chain transactions and trades and will provide enhanced security over even the most popular exchange in use today.

Aspects

  • Fast: The Hycon network can publish a large number of blocks per second which means that they can verify any transaction within seconds.
  • Scalable: Unlike the Bitcoin network which has become incredibly slow, the Hycon blockchain will feature a transactional throughput up to 3,000 Tps. This is more than enough for most applications.
  • Fully Decentralized Exchange: The Hycon team is currently working on state-of-the-art blockchain technology to create one of the fastest, most secure exchanges in existence.

What Issue Does it Solve?

When Bitcoin and Ethereum first came out, they were revolutionary. However, technology evolves quick, and these blockchains simply can’t keep up with the sheer volume of people using their network. As a result, forks have been made in an effort to speed up transactional times and cut down on the 15-minute transaction times that many traders have been experiencing.

There have also been recent issues with security on these networks. Hackers have found ways to breach smart contracts, steal funds, and even track payments. Hycon is seeking to revolutionize blockchain again with their Hycon network and Infinity Exchange.

Their network is going to be one of the fastest in the world with transactions that take mere seconds. Their network is also scalable which means that it will be just as fast in 5 years as it was on the initial release date. The Hycon network is also going to be completely secure. They’re going to provide a location for large companies to store their data and information where it will be protected and secure from any cyber threats.

Token Sale Information

Disclaimer: All information on this post is made to educate our readers. Don’t invest in any ICO unless you’re confident about its capabilities and do so at your own risk.

Positives
  • Decentralized Exchange: In the recent months, exchanges have become so clogged up that many are no longer accepting new user sign-ups. The Infinity Exchange is sure to attract a hoard of new users to their network.
  • Decentralized Exchange: In the recent months, exchanges have become so clogged up that many are no longer accepting new user sign-ups. The Infinity Exchange is sure to attract a hoard of new users to their network.
  • Scalable: The Hycon network and their Infinity Exchange will be completely scalable and will be just as viable in the future as they are today.

Negatives
  • Still In Creation: Hycon has a lot of promises to deliver on, and some doubt whether they can actually do it. However, they have a great team of developers who are sure to succeed.

Hycon
4.1

Summary

Blockchain needs an upgrade, and Hycon is here to provide just that. They are predicted to have one of the fastest, most secure networks in the world when they release their final product. They’ll even have an exchange which can provide the same features, and even offers cross-chain trading. Their token sale details have yet to be released, but it’s definitely a good idea to give their whitepaper a read and keep them on your radar over the course of the next couple of months.

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Adam Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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