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Established by the ICON Foundation and maintained by the ICON Republic, ICON Network is a cross-chain interoperability network that bridges multiple blockchains without friction using the native ICX token. The underlying Loopchain technology powers the ICON blockchain protocol using the LFT (Loop Fault Tolerance) consensus mechanism. Plus, Community Representatives (C-Reps) and Public Representatives (P-Reps) govern the platform, representing native blockchain communities and performing governance tasks for the ICON crypto ecosystem known as the ICON Republic.

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