The Icon Foundation is preparing to turn its network into a delegated proof-of-stake system that will see ICX coin holders and a group of 100 representatives become a governing mechanism dubbed ICONSENSUS. As part of the soon-to-be upgrade, the Icon Foundation is giving away $570,000 of ICX coins to encourage new users to sign up for the pre-voting period where the 100 representatives will be elected.
Related posts
-
Bitcoin Skyrockets to $100,000 by 2024: Banking Crisis Fuels Crypto Revolution
Standard Chartered predicts Bitcoin price to reach $100,000 by end of 2024. U.S. banking crisis strengthens... -
Shiba Inu Primed for Explosive 380% Surge: Get Ready for the Next Crypto Sensation
Shiba Inu maintains key support levels, indicating a potential 380% upswing. The meme coin’s ongoing development... -
Ripple Ecosystem Exploding with Largest E-Commerce Plattform to Adopt Seamless XRPL Payments Integration
Xumm collaborates with Ecwid by Lightspeed, bringing XRPL payments to over 1 million online stores. Integration...