ILCoin is expanding its business, reaching more cryptocurrency enthusiasts worldwide and bringing its award-winning technology to greater heights. Since August 15, 2019, the high-quality cryptocurrency is available on the global trading platform P2PB2B.
P2PB2B is one of the leading crypto exchange platforms online and is considered the world’s fastest-growing technological exchange. With its goal of expanding its service and presence on the crypto market, ILCoin is now listed on the platform and available for trade and purchase on the website.
The mission behind ILCoin is to evolve, spread worldwide, and become the foundation of a global community that redefines cryptocurrency. Through this new venture of joining one of the biggest exchange platforms, this goal becomes closer to reality.
ILCoin Revolutionizes Blockchain
Founded in 2015, ILCoin is sometimes referred to as the modern alternative to Bitcoin. The system allows users to earn, spend and trade coins within its community. With the goal of building a sustainable technology, the ILCoin Dev Team created a digital currency that puts much focus and importance on safety. The crypto uses SHA-256 algorithm and puts a “hack-proof” system around it for added security. ILCoin’s very own Command Chain Protocol (C2P) eliminates all possible risks associated with quantum computing meant to acquire greater hash rates.
This revolutionary blockchain technology also allows the system to be free from “51% attacks” or the ability of miners with more than 50% of the hash rate to manipulate the network.
C2P is insusceptible to quantum computers, regardless of the hash rate size, due to its three-layered security system. The protocol’s structure effectively future-proofs ILCoin’s blockchain against the impending threat of quantum computers. This readily solves one of the biggest problems facing the industry today.
“At ILCoin, we follow the defensive blockchain approach — with security being the main focus, we are trying to eliminate the issues of present systems which, in their current state, allow too much room for malicious attacks,” said Norbert Goffa, ILCoin Executive Manager.
There will be a total of 2.5 billion ILCoin available and the coins are currently listed and traded on several major cryptocurrency exchanges worldwide. With the addition of P2PB2B, ILCoin can bring its industry-disrupting technology to even more people.
P2PB2B, Advanced Cryptocurrency Exchange
P2PB2B is one of the fastest-growing centralized cryptocurrency exchanges. Established in 2018, the platform has a 24-hour trading volume of over 40,500 BTC, worth more than $454,000,000.
The main feature of P2PB2B is fast processing time, supporting up to 10,000 trades every second and 1,000,000 TCP connections. The platform supports multi-currency, including Bitcoin, Ethereum and US Dollars.
Much like ILCoin, P2PB2B also puts a big emphasis on security and makes use of Web Application Firewall or WAF, a protective security layer that detects and blocks hacker attacks.
For a currency to be added to the exchange, it goes through an intensive review process wherein a currency must prove its usefulness, value and liquidity — all of which ILCoin has achieved and even surpassed.
P2PB2B is only one of the ILCoin Dev Team’s steps meant to bring its service and technology to the growing crypto and blockchain community. The team is constantly improving the project, making sure that users will get only the best from the network.
Just recently, the team has also updated their source code which was uploaded on Github. This update fixes issues of wallet syncing and freezing. These steps, small as they may seem, are all in line with ILCoin’s bigger mission — to offer alternative solutions to current economic and financial frameworks that help users achieve their long-term business goals safely through blockchain.
As Goffa shares, “C2P and the rest of our achievements are only the beginning, the real challenges and successes are yet to come.”
If you wish to know about ILCoin’s other developments and further plans, feel free to visit their website or ask a question in their Telegram community.