HYCON, INTRODUCED TO RESOLVE THE ISSUES ASSOCIATED WITH THE TRADITIONAL BLOCKCHAIN TECHNOLOGY

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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. Every Hycon coin user will feel secure and more confident whenever he will make new transactions by using the blockchain technology. The Hycon platform is introduced specifically to improve the performance of the traditional blockchain technology.

Noticeable features of the Hycon platform:Hycon is using the cutting-edge technology in order to benefit its users. If you implement Hycon into your system, you can experience several benefits because of its unique features. These benefits would be:

On-chain scalability:The on-chain scalability feature of Hycon turns it into a thoroughly scalable program. If a user has 2MB/S connector, the transactions will take place with 3000Tps. The traditional blockchain is not capable of providing such scalability and that’s what makes Hycon unique.

Fast transactions:As the developers claim, the Hycon coin will enable lightening fast transactions. It will not waste any extra second in confirmation. The transaction will delay only if it is not honest. Hycon is capable of confirming or rejecting fast and then proceeding ahead in order to make or prevent transactions performed by a high volume of blocks

Latency tolerance:The Hycon platform is latency tolerance because the DAG structure is merged with SPECTRE protocol. It will thoroughly remove network latency and also without the limiting factor.

Security and transparency:
Hycon is designed in a way that it can improve accountability. It is created to be safer and enhance data security and at the same time improving the value to users and companies.

Many other features turn Hycon into a reliable platform that offers solutions which the traditional blockchain cannot offer. You must join this platform if you are willing to make more scalable, faster, and tolerant transactions. The users will not face any issue associated with the traditional blockchain technology. Managing the transactions would be quite easier on Hycon.

Conclusion
After assessing all the features and other details shared regarding the Hycon coin and platform, you might have understood that it is created mainly to overcome the flaws of the traditional blockchain technology. This platform will evolve with time and add many new features that will help you in making safer and much faster transactions.

Team



For more information please visit the links below;
Web: https://hycon.io
Whitepaper: https://hycon.io/#whitepaper
Telegram: https://t.me/teamhycon
Twitter: https://twitter.com/teamhycon
Facebook: https: // facebook .com / teamhycon
Instagram: https://instagram.com/teamhycon
Reddit: https://reddit.com/r/HYCON

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