ICON’s 2.0 blockchain is built for cross-chain interoperability and DeFi apps
ICON, the South Korean based blockchain network, today announced the roadmap for its powerful next-generation blockchain software architecture, which is initially being dubbed ICON 2.0, which represents a sweeping upgrade to the current ICON platform. New Features in ICON 2.0
One of the most exciting aspects of ICON 2.0 is it contains a large number of enhanced core features, and an opportunity to redesign some of the current blockchain’s features:
Interoperability Between Blockchains, Including Ability to Earn ETH as Fees
BTP is a general purpose interoperability protocol, however, it will come standard on ICON 2.0 with a specific initial use case in mind.
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. By separating the executor process from the consensus engine, ICON can handle infinite loop and instability issues of Python SCOREs.