WHAT IS HYCON
Powering Real-world Solutions
HYCON, which stands for Hyperconnected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm.
BENEFITS OF HYCON
Quick transaction confirmation times
The advantage in using a DAG over a traditional blockchain is primarily one of speed. In contrast to currently existing blockchains, a new block to be added to the DAG references the current tips of the DAG instead. This allows blocks to be published simultaneously from different nodes, without running the risk of forking the chain.
High throughput volume capacity
The DAG structure allows for several blocks to be published simultaneously without the risk of orphaned blocks or discarded transactions, in addition to unlimited block sizes. This gives HYCON scalability from its inception.
Tolerant to high-latency blocks
Because HYCON’s DAG structure is not limited by high-latency and block sizes are unlimited, competition for having transactions published will remain low. In turn, this will keep transaction costs low.
As the Phase 1 in the Infinity Project Ecosystem, HYCON can be widely adopted as an efficient medium for exchanging value for enterprises, small businesses, and individual. Together with a better blockchain, HYCON will power the Infinity Platform (Phase 2) and Infinity Decentralized Exchange (Phase 3).
Blockchain for All
The Infinity Platform will feature a simple and intuitive user interface to empower anyone with the ability to create their own customized and private Infinity blockchain. For example, enterprise solutions built upon the Infinity Platform will help increase accountability, enhance transparency, and improve data security, thus bringing value to companies and society.
In addition to the need for information security and privacy, so too exists a need for keeping entities more accountable to shareholders, employees, and society at large. Historically, those in positions of power too often abuse their influential position to the detriment of others. Therefore, it is beneficial to ensure that certain information remains immutable while also auditable by the appropriate parties at the same time – the Infinity Platform will make this process more seamless.
Today, society places a lot of trust in corporations and other entities to implement their own robust system of checks and balances to ensure the safety of their parts, products, safety procedures and other systems. However, all of these items can be falsified by malicious actors and such systems also leave the door open for inevitable human error. But if organizations have the tools to leverage blockchain technology, they would be able to reduce their liability on existing systems and human error, which will result in improved transparency and trust for all parties.
Malicious actors consistently prove that they are able to subvert even the most robust network security systems of companies and governments worldwide, which has resulted in a huge loss of society’s most personal information, sensitive financial details of users and corporations, as well as a loss of trust in the ability of these institutions to properly safeguard sensitive data. Through the Infinity Platform, everyone will have the ability to build a more secure way to safeguard sensitive data through an intuitive user interface, thereby increasing trust between users and those who store their data.
Infinity Decentralized Exchange
A Better way to Trade
The Infinity Team is researching emerging blockchain tech, including atomic swaps, in an effort to create a fully decentralized exchange (DEX) that will facilitate cross-chain exchanges and provide traders with an incredibly diverse range of currency trading pairs. More importantly, the Infinity DEX will enhance security for all traders. The vast majority of trading today is done through centralized exchanges, which have been repeatedly compromised by hacks, resulting in the loss of millions of dollars and sensitive user data. Our goal is to eradicate these problems with the Infinity DEX by offering users a way to exchange various cryptocurrencies in a trustless manner using the Infinity blockchain. This will ensure that there is no single point of failure and provide strong security for your funds and information.
THANK YOU FOR YOUR SUPPORT! HYCON KOREA PRE-SALE HAS ENDED.
Ecosystem Development Fund
Corporate Social Responsibility
Legal & Accounting
Research & Development
September 25, 2017
Wave 1 | Korea Pre-ICO
January 3rd 2018
Wave 2 | Private Sale (Closed)
March 30, 2018
Wave 3 | ICO
June 01, 2018
HYCON Distribution & Node
HYCON Listed on Exchange
Infinity Decentralized Exchange
Taewon Kim leads Glosfer and the Infinity Project team with the belief that we can live in an era where the power of blockchain technology and the Internet create a better and more transparent society.
CISO / CPO
Dongju Ryu brings his extensive security knowledge and expertise to Glosfer and the Infinity Project, having previously served as the Technical Advisor for the Ministry of National Defence Cyber Command and the Advisor of Cyber Security & Technology for the National Police Agency.
KIM DONG SEOP
BLOCKCHAIN ENGINEER / DIRECTOR
Dong Seop is committed to blockchain research with the conviction that the next generation of blockchain technology will have universal impact. He strives to work towards better security and convenience in various fields.
BLOCKCHAIN ENGINEER/ DIRECTOR
With growing success in implementing blockchain solutions here at Glosfer, Kyujeong is honored to continue contributing to the future of blockchain. He is deeply engaged in research for ways to improve blockchain technology through the Infinity Project.
GLOBAL BUSINESS DIRECTOR
Jason is a blockchain evangelist, believing in the transformative power of the technology. He brings business development experience from leading MNCs to the Infinity Project team in an effort to adoption of blockchain technology.
GLOBAL MARKETING DIRECTOR
Jane brings her experience in digital marketing, branding and creative direction from the United States to the Hycon Infinity Project team. With a commitment to the mission and core values of the company, she looks towards a world that is positively changed through blockchain technology.
KANG HEE CHAN
GENERAL DEPUTY MANAGER
As the importance of distribution in agriculture and food business are growing in modern day society, Heechan believes only blockchain can produce genuine transparency in the market. He endeavors to research 6th industrial revolution in Infinity Project.
Niall has a background in astrophysics and computer science. He co-leads the HYCON team while heavily contributing to the development of the coin and the HYCON whitepaper.