The World’s First Truly Decentralized Data Trading Platform To Be Launched By Pioneering ILCoin Project

The Merkle ILCoin Blockchain The first fully decentralized data trading platform has been announced by the ILCoin blockchain project, which is striving to create a new approach to data storage management and control. The Decentralized Cloud Blockchain (DCB) will be an innovative infrastructure that protects user data from third-party control and uses blockchain technologies for ensuring all related operations. User actions on the DCB will be facilitated through the use of the native ILC coin, which will be available for businesses and private users as a versatile digital asset. Scalability problem The biggest issue with modern blockchain networks is the scalability problem, which entails

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ILCoin Launches With 5GB Blocks

ILCoin Launches With 5GB BlocksILCoin Blockchain Project set a new record for stable block size – when it successfully released a 5Gb block. This achievement became possible after the project introduced RIFT protocol, which allows to increase the block size and keep high transaction speed. With these qualities, RIFT effectively solves the scalability issue of blockchain networks, increases the potential for global adoption of DLT, and also forms a technological base for creating an economically efficient on-chain data storage.

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