
IceChain (ICHX)
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About IceChain
IceChain (ICHX) is a blockchain platform that aims to redefine the technology by offering high-throughput and unlimited linear scalability. It achieves this by utilizing a double-layer blockchain and sharding, allowing for horizontal scalability using clusters of nodes. With its focus on scalability, IceChain enables over 100,000 transactions per second, making it suitable for various industries such as food-tech, retailers, financial services, logistics, and IoT.
The platform also supports smart contracts through the Ethereum Virtual Machine (EVM), providing developers a flexible environment for creating decentralized applications. IceChain ensures the security of its network through the distribution of hash power, protecting against double-spending. In addition, the project emphasizes mass adoption by partnering with organizations in different sectors and enabling fast and secure transactions.
IceChain has a clear roadmap for its development, starting with analyzing current blockchains in December 2017. The team researched scalability problems and began development in March 2018. They released a whitepaper in August 2018, followed by private and public sales for token distribution. Other milestones include the release of testnets with smart contract support, establishing the IceChain Alliance, and eventually releasing the mainnet, wallets, and mobile applications. IceChain is copyrighted by Icechain and is based in Macao.
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