ICON recently announced its major decentralization initiative. The plan will elect twenty-two node operators that will produce blocks, verify transactions, and participate in consensus.
ICON aims to design an “interconnecting blockchain network.” ICON (ICX) is engineering a solution to connect independent blockchains without the use of third-party intermediaries. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. By connecting siloed blockchains, ICON aims to become the “largest” network of blockchains in existence.