What is ILCOIN?
The ILCOIN Blockchain Project is a revolutionary on-chain data storage system; developed not only to provide a strong foundation for the ILCOIN cryptocurrency, but also to open up a wide range of possibilities for exceptionally safe yet transparent data storage, establishment of various smart contract systems and the launch of innovative decentralized applications running on our blockchain systems.
What started as an alternative to Bitcoin, today, has built its own unique blockchain network. Our blockchain network is a revolutionary Decentralized Cloud Blockchain System where on-chain data storage is secured and managed by a quantum resistant SHA-256 Command Chain Protocol (C2P). The ILCOIN Blockchain System has not only effectively future-proofed itself against impending threats of quantum computing, but also is proven to be immune to malicious, third-party 51% attacks. We utilize a hybrid centralized/decentralized system to eliminate many of the negative aspects of the normal POW model.
Having solved the scalability, bottleneck, and FIFO problems other cryptocurrencies experience without having sacrificed security, our focus is to now release a Decentralized Cloud Blockchain system which will allow for our storage database to be utilized completely on-chain.
