HYCON, which stands for Hyper-Connected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team in Gangnam, Seoul. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm. This makes HYCON a next-generation cryptocurrency which can be used in the real economy.
STO/ICO Status
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Basics
| Platform | Infinity Blockchain |
|---|---|
| Type | N/A |
| Accepting | BTC, ETH, LTC |
| Circulating Supply | 10% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
BENEFITS OF HYCON
Faster
Quick transaction confirmation times
Honest transactions can be confirmed or rejected definitively in mere seconds, due to the high volume of blocks published within that time interval.
Scalable
On-chain Scalability
Transactional throughput up to 3000Tps on a 2MB/s connection can be achieved as a starting point of the project.
Frictionless
Latency Tolerance
The DAG structure coupled with the SPECTRE protocol allows for network latency to be essentially removed as a limiting factor on transactional throughput. Blocks that are received out of order can still be ordered based on their implied position in the DAG rather than the time they were received.
