ILCOIN Blockchain Project | The ILCOIN Development Team

[ILCoin Blockchain Project]

ILCOIN Blockchain Project | The ILCOIN Development Team

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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. We believe in the true freedom of cryptocurrency usage and true evolution of blockchain technology. Our mission is to develop a revolutionary Decentralized Hybrid Blockchain System while having ILCOIN as a stable, safe and widely accepted payment method behind it.

Blockchain Specifications:

Name: ILCOIN
Ticker: ILC
Creation Date: 30 January, 2015 5:45:48 AM
Consensus: Proof-of-Work/C2P (C2P Protocol Certification)
Hashing Algorithm: SHA-256
Max Supply: 2.500.000.000
Mineable: Yes, but mining is closed to public.
Block Generation Time: 3 – 5 Minutes
Block Size: Up To 5 GB (RIFT Protocol Certification)
Transactions per Second: 71839 – 119731 (depends on block time)

Original Technology:

Consensus Protection: Command Chain Protocol (C2P)
•   Quantum-Resistant
•   Immunity to 51% Attack
Dynamic Block Size: RIFT Protocol (RIFT)
•   Variable Size Up To 5 GB, Theoretically Infinite
•   Solved FIFO and Bottleneck Problems
•   World Record Holder for Largest Live Block Size
On-Going Developments:
•   Developing First Bitcoin-Compatible SHA-256 Smart Contracts
•   Developing First 100% On-Chain Data Storage System: Decentralized Cloud Blockchain

Command Chain Protocol (C2P)

Command Chain Protocol (C2P) is a blockchain security protocol which may be integrated into different types of blockchains to create new consensus algorithms. For example, a Proof-of-Work (PoW) blockchain which integrates C2P would then become a PoW/C2P consensus algorithm. C2P was created by the ILCOIN Development Team. It was released in 2019. The main function of C2P is to prevent a 51% attack of the blockchain (both internal and external), rollback attacks, fork attacks and design flaw attacks.
C2P has been certified by EuroDigital (Penetration Testing Report)

RIFT Protocol

The RIFT Protocol has put an end to the scalability issue of blockchain systems. The protocol utilizes side-chain technology in order to divide the data being gathered in a forged block into numerous other blocks called “miniblocks”. Each miniblock may hold a total of 25 MB of data. Each block may contain a theoretically infinite number of miniblocks. At the moment, the RIFT Protocol is setup to handle 200 miniblocks per forged block; resulting in a block currently capable of 5 GB of storage (5 GB block #310280). They are referenced to the forged block via a series of hashes which are unique to each miniblock. They are also referenced to the superseding and preceding miniblocks.
RIFT Protocol has been certified by EuroDigital (Block Capacity Report)

Our Partners

Vidulum Wallet (Android) (IOS - Coming Soon!) | PlusBit Wallet (Android) (IOS - TestFlight Beta) | Hebe Wallet (Android) (IOS) | Zelcore Wallet (Android) (IOS) (]Windows) (macOS) (Linux)
SWFT Blockchain (Android) (IOS) | ILCOIN POS (Android) | ILCOIN Tools

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[ILCoin Blockchain Project]

Reserved

[stoner19]

Creation Date: 30 January, 2015 5:45:48 AM
Mineable: Yes, but mining is closed to public.

Why the new ANN thread?

I didn't see anywhere about your distribution, yet you're listed on several exchanges. Did you do an ICO or private sale for some premine or some of the coins mined? Both? How much was raised?

Is there any public information about what % of the circulating supply the dev team still holds?

The concept is somewhat unique (there are still a few other storage blockchain projects) and has purpose, but I guess I'm not understanding why there is a coin associated with this project. What is the purpose of

[ILCoin Blockchain Project]

Valid questions all. I appreciate your post.

Why the new ANN thread?

A former employee of our team was in charge of this social media forum and had control of the original post. Unfortunately, they are no longer with us.

I didn't see anywhere about your distribution, yet you're listed on several exchanges. Did you do an ICO or private sale for some premine or some of the coins mined? Both? How much was raised?

In the past, we worked hand in hand with a distributor in order to sell the coins. However, we have parted ways with this distributor and no longer do business with them.

Is there any public information about what % of the circulating supply the dev team still holds?

https://ilcoinexplorer.com/api/max_supply
https://ilcoinexplorer.com/api/total_supply
https://ilcoinexplorer.com/api/circulating_supply

The concept is somewhat unique (there are still a few other storage blockchain projects) and has purpose, but I guess I'm not understanding why there is a coin associated with this project. What is the purpose of

Our ILCOIN cryptocurrency will be used in our upcoming Smart Contract Systems and will also be the payment method behind our upcoming Decentralized Cloud Blockchain. We feel our DCB and smart contracts will fulfil a niche that does not yet have a definite solution.

[wishxy]

Twitter account suspended, nicely done.

https://twitter.com/ILC_B_Project

[ILCoin Blockchain Project]

Twitter account suspended, nicely done.

https://twitter.com/ILC_B_Project

I'm pleased you decided to check out our project. A short time ago, someone made some false claims to our social media channel providers. Each channel has its own modus operandi regarding claims. Some send you a notice first, and see what you have to say regarding the situation. Others bring you down first, then ask questions later to avoid legal issues with the complaining party. We've already applied to have it restored, but it can take some time to get through all of the red tape. We appreciate your concern and bringing this information to our attention.

[wishxy]

Twitter account suspended, nicely done.

https://twitter.com/ILC_B_Project

I'm pleased you decided to check out our project. A short time ago, someone made some false claims to our social media channel providers. Each channel has its own modus operandi regarding claims. Some send you a notice first and see what you have to say regarding the situation. Others bring you down first, then ask questions later to avoid legal issues with the complaining party. We've already applied to have it restored, but it can take some time to get through all of the red tape. We appreciate your concern and bringing this information to our attention.

Do you have another explorer webpage?
This one from CoinGecko doesn't work https://ilcoinexplorer.com/

[TimeTeller]

Do you have another explorer webpage?
This one from CoinGecko doesn't work https://ilcoinexplorer.com/

The explorer site is still up. What do you mean by not working?
This project seems not active here. Why are you getting interested on this one?
But they are active in their twitter account. And they are holding their wrapped ilcoin
They should promote this event also here in the forum.


https://twitter.com/Ilcoin_B_P

[wishxy]

Do you have another explorer webpage?
This one from CoinGecko doesn't work https://ilcoinexplorer.com/

The explorer site is still up. What do you mean by not working?
This project seems not active here. Why are you getting interested on this one?
But they are active in their twitter account. And they are holding their wrapped ilcoin
They should promote this event also here in the forum.


https://twitter.com/Ilcoin_B_P

It didn't work by the time I checked or maybe was something with my browser, I don't know. Now is working.
Yes, they should promote it here too.