Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
by
Tokenized0000
on 08/08/2019, 01:30:40 UTC


There is a great  Medium article by Norbert Goffa (ILC executive manager) about decentralisation/centralisation that adresses some of the issues, i suggest you take a look

https://medium.com/@norbert.goffa/aspects-of-decentralization-reality-meets-imagination-ae522fb3770b
That was a very good read and very informative articles by the CEO. I have read that the team were preparing to work on developing C3P which protects the blockchain system from internal attacks. In this case c2p is not enough to secured the ilc system 100%. I admire how the team really prioritizing the security of their network and system. That is what i call genius thinking.
Hhhhmmm so the C2P are aiming only to protects the blockchain system from external attackers and not from the internal attack. It is also good to know that In ILCoin mining, block generation is not based on the strength of hash power. Valid blocks are created based on the digital signature of admiral nodes. For me that was a perfect moves by the team.
I agree to all your comments here and i admire how the ilc team's way of securing their blockchain system from internal and external attackers. BTW are there any hints on when this c3p would be live?
If you would reread the article there isn't anything that says on when the c3p will be launched, i think if we could directly messgae their dev team maybe we would have the answer to that question.