What is ILCOIN?
ILCOIN is being developed into a globally recognised cryptocurrency which is accepted by tens of thousands of merchants – product and service providers – in different regions and countries as well as at an international level. As ILCOIN is supported by a fast-growing number of customers, merchants and investors, its price on open exchanges is set to grow signifi cantly.
Thanks to the centralized nature of ILCOIN mining, developmental work on the blockchain, the wallet and the explorer is a continuous effort kept under tight control. ILCOIN can be safely stored in wallets built for the cloud, Android, OSX and PC and it can be transferred directly to anyone instantly at virtually no cost – without banks, without chargebacks.
ILCOIN users can monitor their transactions through our own block explorer. The system is already capable of handling up to 5,900 transactions per second, and it is compatible with today’s crypto platforms. ILCOIN is listed and freely traded on several cryptocurrency exchanges and it is accepted online by merchants in an ever-increasing number of countries.
The ILCOIN development team has successfully increased the block size to 200 MB making it possible to execute an almost infi nite number of transactions in seconds with virtually no costs or fees. We are one step away from being able to create “smart contracts”, the fi rst blockchain to accomplish this using SHA-256 technology.
The vision is to make ILCOIN available to everyone in the world so that they can enjoy privacy and profi t from economic opportunities. The foundations of this new economic community have been laid.