ICON Foundation Reveals ICON 2.0

ICON’s blockchain is used for real-world applications in banking, healthcare, education, and more,” has just announced ICON 2.0, an architecture with a focus on DeFi and chain interoperability, according to a press release from the group. At launch, the ICON Foundation will deploy all necessary smart contracts on high-profile blockchains and will also run the relayers.

ICON will be supporting interoperability with other public blockchains in order to support cross-chain DeFi solutions. At launch, the ICON Foundation will deploy all necessary smart contracts on high-profile blockchains and will also run the relayers, however, any individual or group may run a private relayer with their own fee system.”

Timeline of Icon