Positioned for Wide Adoption
Hycon’s development is two-front. We are committed to increasing scalability and throughput on the blockchain, and providing simple and functional user platforms for everyone to adopt.
The initial wallet available was linked to the full node and had limited transactional functionality. So far it has been upgraded to allow for transactions using the Ledger Nano and it also allows users to use a mnemonic key to generate a HD wallet.
The Hycon desktop client is a installation client for PC, Mac, and Linux that offers ease of use for transacting on the Hycon network. Users can send and receive transactions without the need to sync with the blockchain with support for hardware wallets.
The Hycon lite client is a chrome browser extension that offers ease of use for transacting on the Hycon network. Users can send and receive transactions without the need to sync with the blockchain.
Currently we support Ledger and Digital BitBox, and are working on adding support for various other hardware wallets.
HYCON’s mobile wallet app, HYCON Pocket, is supported on Android and iOS devices. The app is available for download on Google Play and App Store.
GHOST allows the publishers of orphaned blocks to receive some small reward, encouraging all miners to converge on the system-defined “longest” chain. This protocol has been in use on the Ethereum network for quite some time and allows Hycon to double its transactional throughput.
The genesis block of Hycon was published in January 2018 to coincide with the 9th anniversary of the bitcoin genesis block. It contained 6 transactions which represented the initial distribution of Hycon.
The public presale ran from March 12th – 27th. We had over 200 participants.
The Hycon Mainnet launched on schedule at 6pm on June 1st, 2018. Since launch there have been hundreds of thousands of blocks containing millions of transactions.
Hycon coin distribution for ICO participants began on June 20th. Once participants have verified their addresses with us, their tokens are sent out once a day (M-F).
Hycon was listed on the number of exchanges like OKEx (HYC/BTC, HYC/ETH, HYC/USDT), Bit-Z (HYC/BTC, HYC/ETH), OKcoin KOREA (HYC/KRW) and CoinZest (HYC/KRW).
Migration of basic components to Rust programming language to increase system performance and prepare for multithreaded nodes down the line.
Hard Fork required, to maintain ASIC resistance. These two hard forks will be combined into one to allow for minimum disruption to the network.
We’ve ensured that our wallets support each type of user, from those who just want to see their wallets, to those who want to see the entire blockchain.
1. Full Client – Sync and see the whole blockchain network and use your wallet.
2. Lite Client – Use your wallet across all Chrome-supported devices.
3. Hardware Wallet – Safely store and use your Hycon through a Ledger, Trezor, or BitBox (coming soon).
4. Mobile Wallet App – Access your wallet natively on your phone (coming soon).