Details about ILCOIN cryptocurrency
€6,450
2,500,000,000
1
Unknown
https://www.reddit.com
392469x
€470.767
ILCOIN price charts
ILC exchanges
ILCOIN, the crypto
ILCOIN (ILC) is a decentralized digital currency, created in 2015 as an alternative to Bitcoin. It is developed on its own blockchain that uses SHA-256 encryption algorithm, the same as Bitcoin, and has adopted Proof-of-Work (PoW) consensus mechanism.
The point
The main point of ILCOIN (ILC) is to provide a faster, more secure and more user-friendly blockchain-based ecosystem that enables easy and affordable peer-to-peer transactions and smart contract functionality for enterprises.
The problem
ILCOIN (ILC) tries to solve the scalability and security issues that have been plaguing the Bitcoin network, by implementing several technical breakthroughs such as the Command Chain Protocol (C2P), the RIFT and AURORA networks, and SHA-3 encryption algorithm. It aims to provide a blockchain ecosystem capable of handling high-volume transactions and smart contracts, that is impervious to 51% attacks and quantum computing threats.
Compare ILC and BTC performance
| Timeframe | ILC | BTC |
|---|---|---|
| 1h change | 0.138868 % | 0.275037 % |
| 24h change | -21.07 % | 1.05511 % |
| 7 day change | -1.04 % | 1.71708 % |
| 14 day change | -33.45 % | -7.61859 % |
| 30 day change | -14.54 % | -6.80856 % |
| 200 day change | -32.36 % | 129.346 % |
| Year change | -41.23 % | 139.298 % |