DSNC as an ICON P-Rep candidate

Dimcho Spasov
5 min readJul 27, 2019

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ICON P-Rep Profile of DSNC

Questions provided from The Iconist:

1. Tell us about your team.

Hello everybody, my name is Dimcho Spasov and I am the founder of DSNC team. We are a group of few, IT consulting and Investment company which are joining together to create a new field of expansion in the cryptocurrency area.

Our aim is to be part of ICON Network as a P-Per candidate. Because of that, we are keep growing and our doors are kept open for everyone who what to join us and help us grow together.

2. Why would you like to become an ICON P-rep?

With the changes we can see in the Global Economy, and the way how the old fiat money system is working, we are glad to see that the cryptocurrencies are keep growing. Obviously, some of them are providing really good value and services much better than the old system does, but some of them are just a project without any idea and future. Therefore, after our Marketing Research in the cryptocurrency field, we decide that we want to be a part of this new cryptocurrency movement and our chose is ICON Network. The reason for our chose is because we don’t want just to invest our money, but to be part of ICON Network as well as becoming ICON P-Rep. This will show our aim not to make profit/gains and run, but to stay and contribute as much as possible to grow us as an ICON P-Rep, but also grow the ICON Network as a whole.

3. Why should the voters vote for YOU?

Voting makes me think for the old political system when the candidates are focused more on convincing the normal people to vote for then showing and promising something that later maybe be not the case they will do! 😊

Our aim is not to convince the ICON members to vote for us at any cost, but most likely to show them who we are and what is our aim here! As we are here to stay and to provide a very good service and keep bringing investors and developers to our P-Rep node, so they can contribute from the ICON staking process and from the DApps we will create. We know how to manage and run multiple companies, so this will help us in the process of ICON Governance and decision making. Not only that, but the most important part is to keep the node and the network secure and stable for block production and distribution. Our contribution to ICON Network regarding adoption and bringing awareness to the people will be done through our different media channels like our website, YouTube Channel, Twitter, Facebook, and so on…

We know that people always vote on the base of their inside feelings what they like or not. So, vote how your “like feeling” is telling you, but always vote! 😊

4. What do you like about ICON? What sets it apart from other blockchain platforms?

We start looking at the cryptocurrency’s projects since 2017, as we are not one of the first team joining this new movement. But, this has the positive effect for us I think, as we didn’t just jump on some of them and learn later on what is all about, but to complete our Marketing Research and due diligence also and learn more about the process and what any project will offer and provide for you.

We don’t want to make any comments and opinions based on our research for all other cryptocurrencies as this is not the topic of discussion here, but we can say that on the base of our research and the aim to be part of the network we would like to invest and involved, we come to our chose to work with ICON Network.

ICON Network has many pluses then most of the other cryptocurrency projects, as they are a very good team which are keep growing and improving all the time and not focused on their position on CoinMarketCap as the main goal like most of the other platforms there.

As per our research, many developers recognised SCORE as a very good platform for smart contracts comparing with the other once in this area regarding abilities from ICON team to help and support any dapps project on their platform also availabilities to support the dapps project with finance provided from ICON with ICX. For any developers, it is very important not just to have a platform to work on it, but also to have reliable support for any issues and problems during this process.

And at the end, the main reason we would like to join ICON Network is “HYPERCONNECT THE WORLD” and the main goal of ICON Network to “building one of the largest decentralized networks in the world”, which are also our aim and we want to be part of ICON project.

We cannot say it better than ICON done that in their website: https://icon.community/iconsensus/

“ICON Network is one of the largest blockchain networks in the world. As a global blockchain project, ICON Network aims to remove barriers among different blockchains and allow them to exchange values without intermediaries. By realizing this goal, ICON will realize mass adoption of the blockchain technology and Hyperconnect the World.”

5. How do you envision a decentralized ICON network? Why is decentralization important?

Well, we all know how Centralization is working, right? Can be good for some areas which require responsibilities, but also can be worse in areas where this centralization take control and manipulate the process as they wish.

For ICON and any other projects in these areas, this process should be decentralized to a level that not a few will have control of all product, process and network as a whole.

The model of 22 Mail P-Reps responsible for producing blocks and involving in decision making is a pretty good option of spreading the responsibilities and the control between those 22 P-Reps.

The problem can occur when after while those 22 Main P-Reps are replaced by the group of very powerful companies joined together, which they can stack enough just to replace the existing once! Then they can crash the decentralised system and can change the purpose of the decentralization to centralized ICON Network.

This is why ICON Network should create a proper system in place that will secure the rules and purposes of decentralization on the ICON network before switching to a completely decentralized network.

Additional links provided below:

DSNC website:

https://www.dsnc.co.uk/

DSNC on Twitter:

https://twitter.com/SpasovDimcho

ICON P-Rep application of DSNC.

https://icon.community/iconsensus/candidates/74/

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