ICON价格

OKCoin Europe Ltd

54930069NLWEIGLHXU42

ICON

The ICON blockchain operates on a Delegated Proof of Contribution (DPoC) consensus mechanism, an innovative approach designed to reward network participants based on their contributions while ensuring robust decentralization and scalability. Core Components: Delegated Proof of Contribution (DPoC): DPoC extends beyond traditional Delegated Proof of Stake (DPoS) by factoring in each participant's contributions to the ecosystem, such as governance participation, network development, or community engagement. Validators, called Public Representatives (P-Reps), are elected by token holders based on their stake and perceived contributions to the network. P-Rep Election and Roles: P-Reps validate transactions, produce blocks, and maintain the network’s integrity. The top-ranked P-Reps participate actively in governance decisions, while sub-P-Reps serve as backup nodes, ensuring redundancy and decentralization. Scalability via Loop Fault Tolerance (LFT): ICON employs LFT, an advanced Byzantine Fault Tolerance (BFT) algorithm, to enhance consensus speed and reduce latency while maintaining high fault tolerance.

The ICON blockchain incentivizes network participants through a well-structured reward system and applies a straightforward fee model to support network operations and encourage ecosystem growth. Incentive Mechanism: P-Rep Rewards: Public Representatives (P-Reps) earn rewards in ICX tokens for validating transactions, producing blocks, and maintaining the network. Rewards are distributed based on the rank and contribution of each P-Rep, incentivizing high performance and active participation. Delegator Rewards: ICON token holders who delegate their ICX tokens to P-Reps earn staking rewards proportional to their stake. This delegation model encourages broader participation and enhances network security by increasing staked ICX. Contribution Proposal System (CPS): CPS rewards community developers and projects that contribute to ICON’s ecosystem. Approved proposals receive funding in ICX, promoting continuous network development. Applicable Fees: Transaction Fees: Users pay fees in ICX tokens for transactions, such as transfers, smart contract executions, and interactions with decentralized applications (dApps). Fees are dynamically adjusted based on network activity to balance affordability and resource usage. Governance-Driven Allocation: A portion of transaction fees is redistributed to P-Reps and delegators, aligning incentives with network activity and maintaining security. Fee Sharing: ICON’s fee-sharing model supports dApp developers by redistributing part of the fees generated by their applications, fostering innovation and adoption within the ecosystem.

2024-09-25

2025-09-25

131400.00000 (kWh/a)

For the calculation of energy consumptions, the so called 'bottom-up' approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.