$SHUMI now trading on Virtuals
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ICB Network

ICBX
Daily Trend
Weekly Trend

Price Data

Analysis

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Market Cap

798535
#2848

All-Time High

0.00235397

All-Time Low

0.0000041

Fully Diluted Valuation

1478769

Circulating Supply

54000000011 (54%)

Total Supply

100000000000

The project addresses the challenge of blockchain scalability by creating Layer 2 (L2) networks that utilize the existing consensus of Layer 1 (L1) to process transactions more efficiently. This setup reduces the complexity typically associated with independent L2 consensus mechanisms, as L1 handles the primary validation. The network also enables cross-layer data and asset transfers, fostering an interconnected, scalable ecosystem. This design minimizes redundancy, cuts operational costs, and improves speed, making it ideal for high-traffic or resource-intensive blockchain applications. Additionally, it lays the groundwork for future integrations, such as Zero-Knowledge Proofs, to further enhance verification and security across networks.