HYCON, INTRODUCED TO RESOLVE THE ISSUES ASSOCIATED WITH THE TRADITIONAL BLOCKCHAIN TECHNOLOGY
The blockchain technology is empowering many new startups. All of these blockchain powered projects use this technology to provide decentralized solutions for the issues which cannot be solved by relying upon traditional systems. Many new projects are leveraging the benefits offered by blockchain but there is no project that is working to resolve the issues affecting the performance of blockchain itself. As the experts have analyzed, the blockchain technology still seems a bit slow. It can be a daunting task to scale it and therefore a new platform is required that can address this issue. The Hycon Platform: The Hycon by the Infinity Project is a new Hyperconnected coin that will be used to develop a fast and more scalable blockchain. Though the blockchain technology is still new, the developers have recognized its flaws. They are providing a new platform that is capable of addressing traditional blockchain issues like slowness, double-spends, issues with conflicting transactions...