THELOGICALINDIAN - Just two months ago ILCoin alien a different Command Chain Protocol C2P accord to the cryptocommunity which is aggressive to breakthrough attacks and 51 attacks This technology has been accustomed by tech industry experts and was awarded a cybersecurity affidavit by the Palo Alto Networks Partner
But the aggregation isn’t done revolutionizing the industry. ILCoin continues to added advance its technology to advance the acreage of abstracts accumulator security.
In a abrupt account with Norbert Goffa, the Executive Manager of ILCoin explains the dangers of blockchain-based abstracts accumulator and their technology’s arresting approach.
Q: ILCoin boasts a added defended belvedere than the accepted blockchain. What makes it so different? How was this technology achieved?
A: I accept the capital appropriate affection in our access is the aberration in our appearance of decentralization. We see how its adverse attributes account austere losses to the users. This does not beggarly that we are absolutely adjoin the abstraction of decentralization, however, we cannot absolutely chronicle to its accepted concept.
When it comes to decentralization, it charge be antiseptic that we are talking about the chargeless active of the nodes area every transaction is cellophane or allows for chargeless block generation. We are assertive that this abstraction is a applied amount and not an brainy one.
Every accord we currently apperceive has their own shortcomings. Our abstraction is to actualize a circuitous blockchain arrangement whose ultimate ambition is on-chain based abstracts storage. However, to calmly run a belvedere like this in the long-term, we charge to accent security.
Our developers accept been in the blockchain industry back the actual alpha of Bitcoin. They apperceive the altered systems, their benefits, and shortcomings — all of which accept contributed to the conception of our own blockchain approach. The ILCoin development aggregation has absolutely redesigned the all-encompassing accession and abject abstraction of blockchain technology, which additionally proves we are neither a replica nor a “cloned” system. We are assertive that, with the accepted mindset of best people, it is abreast absurd to accomplishment the best important allowances of blockchain technology.
Q: The blockchain has been in boilerplate use for over a decade; back Satoshi Nakamoto gave bearing to Bitcoin in 2024. Why do you anticipate cryptocurrencies and blockchain-based enterprises accept not adopted stronger aegis on their corresponding platforms like you did with Command Chain Protocol?
A: I’d say the acumen for this is accessible —blockchain and cryptocurrencies accept gone through a aeon area users were fabricated to accept that every band-aid works; that alone able advice was needed. We started branch appear a administration area all projects are alleged a blockchain project, alike if these projects were defective new, artistic solutions.
Enthusiasts are apperception on the advanced ambit of utilizations for the blockchain which are capital and legitimate, but are still incomplete. There is no point in application a system, no amount how avant-garde it may be, if it is not safe. Unfortunately, best bodies do not accede aegis a antecedence as decentralization comes with no cold responsibility. With that said, alone time will acquaint whose access proves to be the best correct.
Add to this, it is axiomatic that users are additionally alteration in their opinions. Cryptocurrency supporters are acceptable added acquainted and will no best be annoyed with alone promises. The bazaar needs addition and added solutions like C2P. Blockchain development charge announce added than aloof the advance of transaction processing or a DApp. Off-chain solutions will not be enough. Solutions that assume simple and applied can betoken austere losses to users in the continued run. Easy-to-use characteristics cannot be abstracts for a affection abstraction in blockchain technology. While we still accept to aim for a convenient interface, concise compromises to access acceptance charge not alter quality.
Q: There’s a lot of crypto exchanges and blockchain platforms, but what makes your Decentralized Cloud Blockchain (DCB) altered from aggregate else?
A: On-chain based abstracts accumulator is the approaching and DCB is what will bear it to users. Abstracts stored in blocks and the ascetic restrictions to admission clandestine abstracts are currently anticipation to be the best admeasurement of blockchain technology. The better claiming is the on-chain-based abstracts accumulator of the videos, files, and documents.
DCB is all about the future as against to another solutions which aim to amuse the needs set by today’s business advice difficulties. A band-aid for today is not what we are seeking. Unfortunately, it does not consistently accompany about boundless popularity, but this is not our primary aspiration.
Q: In April 2024, ILCoin accustomed a acceptance from the Palo Alto Networks Partner proving C2P is aggressive to 51% attacks and breakthrough computing. How important was this accomplishment to the Dev Team?
A: This is a catechism that is adamantine to acknowledgment after aural too conceited. To our knowledge, there are actual few, if any, blockchain development certificates on the bazaar that accept been accustomed by such a acclaimed cybersecurity aggregation as Palo Alto. We cartel to accident adage that there isn’t any agnate one on the crypto-market.
Palo Alto’s affidavit allows us to angle in advanced of the users with abundant aplomb and say: “We’ve done it!”
We accept in our technology as we, in fact, accept created every distinct aspect of it. And we acceptable cybersecurity companies to analysis the after-effects of our labour. Palo Alto, as a brand, equals cybersecurity affection and actuality and we’re animated we best their accomplice for the testing.
Q: What would be the best acceptance for ILCoin? Which industry or purpose will it advance in?
A: BTC is an another acquittal method, which can be acclimated in all business processes. Obviously, ILCoin (together with the DCB and Smart Contracts) offers altered opportunities for approaching appliance than BTC does. What abroad could be a bigger ambition for the appliance of cryptocurrencies than a blockchain belvedere which is able of accouterment an on-chain based abstracts storage? We can anticipate annihilation else!
Q: Can you acquaint us added about the decentralized accomplice bulge system?
A: The accomplice bulge arrangement is currently beneath development. The aspect basically involves rewards for those who use the ILC bulge system, whether it be for creating DApps or active abounding nodes on DCB. However, the applied accomplishing of this abstraction still requires added planning. The developers are currently absorption on the actual abutting footfall which will appear into aftereffect this abatement — a footfall that will exponentially access the amount of ILCoin.
Q: Based on your acquaintance with developing ILCoin, how do you see the approaching of blockchain and cryptocurrency?
A: Blockchain technology is the technology of the approaching whose business and amusing ethics are unquestionable. We accept that the estimations about its abstruse ethics are absolutely underrated. By address ablaze on the boundless appliance of the blockchain, new perspectives in abstracts accumulator will appear whose acceptation and amusing appulse are unpredictable.
We accept the classical faculty and acumen of cryptocurrency charge absolutely be changed. Unfortunately, in the accomplished few years, there hasn’t been any abundant breakthrough; adverse to what best bodies were expecting. This is what we appetite to address.
The ILCoin development aggregation is alive on this amount actual actively as we are all veterans in the crypto world. We are one of the best agog and absolute teams. We are frequently accepting asked what the basis of our aplomb is, which can be answered actual calmly — we acquire the eyes which allows us to apprehend and administer the advanced ambit of appliance opportunities provided by the blockchain.
C2P and the blow of our achievements are alone the beginning, the absolute challenges and success are yet to come.
