ICON (ICX) is a blockchain protocol that aims to facilitate interoperability between different blockchain networks. Developed by the South Korean company ICON Foundation, the ICON protocol seeks to connect various decentralized applications (dApps) and enable them to interact with each other seamlessly.
ICON's goal is to create a decentralized network that allows different blockchains to communicate and transact with each other. This interoperability is achieved through the use of smart contracts, which enable assets and data to be transferred and shared across different blockchain ecosystems.
The ICON network features its native cryptocurrency, also called ICX. ICX tokens are used for various purposes within the ICON ecosystem, including transactions, staking, and participation in network governance.
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