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Author Topic: WHAT IS HYCON  (Read 3877 times)
ScarletSnow
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March 07, 2019, 09:41:10 AM
 #281



Powering hyperconnected blockchain solutions

HYCON, which stands for Hyperconnected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team. 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.

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.

USE CASES
HYCON is Phase 1 of the Infinity Project Ecosystem, and positioned for wide adoption as an efficient medium of exchanging value for enterprises, small businesses, governments, NGOs, and individuals. Together with the Infinity blockchain, HYCON will power the Infinity Platform (Phase 2) and Infinity Decentralized Exchange (Phase 3).
Infinity Platform
Blockchain for All
The Infinity Platform will feature a simple and intuitive user interface to empower anyone with the ability to create their own customized and private Infinity blockchain. For example, enterprise solutions built upon the Infinity Platform will help increase accountability, enhance transparency, and improve data security, thus bringing value to companies and society.

https://hycon.io/index.php
This is a good project and I am really looking forward to this. Its features might be just like the same with any other projects and ICOs out there but they have unique DAG structure coupled with the SPECTRE protocol allows for network latency which I am really amazed with. Good job!

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gembira
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March 07, 2019, 02:44:07 PM
 #282

When their mainnet launch? They promising only 3k TPS? This is not much at all, while some projects promising much more TPS and current projects have already 3 or even 5k TPS right now.
As I see, they partnered with korean platform for payment Zper, but they also don't have ready platform?
Monty Crypto
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March 16, 2021, 08:30:08 PM
 #283

Is it true that the Hycon and Glosfer CEO died last year?
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