ICP-based

What is ICP-Based Cryptocurrency?
ICP-based cryptocurrency is a type of digital currency that operates on the Interledger Protocol (ILP). The aim of ILP is to allow for the secure, trustless and instantaneous exchange of value across different blockchains. Unlike traditional cryptocurrencies, which are built on their own independent blockchain networks, ICP-based cryptocurrencies rely on external ledgers such as Bitcoin or Ethereum for their transaction processing and verification. This allows users to move funds from one blockchain network to another without having to go through an intermediary currency exchange. It also creates opportunities for developers to create applications that can interact with multiple blockchains at once. By utilizing this technology, it has become easier than ever before for developers and businesses alike to take advantage of crypto assets in a variety of ways.