ILCoin – a high-quality cryptocurrency, based on its own blockchain network and using SHA-256 Command Chain Protocol (C2P) technology, is back on BITKER, a major world exchange that aims at providing a one-stop digital asset exchange for its users. The project has restarted trading activities on a crypto exchange after taking a break to update its source code.
Quantum Computing vs Blockchain
Nowadays quantum computing is being actively developed. This type of computing can hack the cryptography hash that secures the blockchain technologies thus being a cause for significant security risks.
ILCoin developed a new fork to implement quantum resistance to its blockchain. The team analyzed the past attacks against different types of chains carefully. This brought them to the conclusion that none of the current protocols gives their respective project the necessary protections against attacks. Therefore, the ILCoin blockchain was changed. Every Master Node signs every block. If one Master Node is not signing the Block, it becomes invalid. It will be impossible to forge even a single block in case anyone attacks the network (regardless of the hash rate used) because the Admiral Nodes will not be signing the blocks. Thus, the blocks will become invalid, and the hash power won’t forge them.
ILCoin can be safely stored in wallets built for the Cloud, Android, OSX, and PC and it can be transferred directly to anyone instantly at virtually no cost. Its users can monitor their transactions through their own block explorer.
The ILCoin was already available on prime exchanges before. For a short while, its activity was suspended, the fork was updated, and now the quantum proof ILCoin is coming back. A brand new technology developed will increase the security level of ILCoin to a level never achieved before.
Implementation happens at different speed at different exchanges, and now ILCoin is already re-listed on BITKER.
BITKER for Safe Exchanging
ILCoin reappeared on BITKER on March 6, 2019. The platform is known as one of the fastest exchanges in the market with multilingual customer support. BITKER puts account security as its top priority, applying identity authentication, multiple risk control systems, wallet regular
maintenance process, providing traders with a secure, stable and reliable trading environment.
The BITKER platform has been carefully developed by the internal IT department, providing an online service 7 days a week, 24 hours a day. It applies zero-tolerance policy for risk events, utilizing multiple identity authentication, KYC mechanism and other methods to keep their clients safe. The exchange is growing rapidly with the number of users exceeding 300,000 and is officially registered on CoinMarketCap.
A New Secure Level of Cryptocurrency
“We are really excited to return to BITKER and definitely not going to stop. Our team works hard to make ILCoin a currency worth trusting. We care about our audience and try our best to increase the security level of the blockchain. The most important aim is to create a blockchain that makes us be able to serve needs built on the use of this technology.” – comments Norbert Goffa, ILCoin’s Executive manager.
ILCoin intends to be listed on major world exchanges among which are: IDAX, FUBT, STEX, GRAVIEX, naturally, BITKER, and others as well.