Internet Computer ICP/USD is an innovation in blockchain technology. It was founded in October of 2017 by Dominic Williams and rose to prominence in the market cap rankings. ICP is designed to scale smart contracts and data computation, run them at web speed and process as well as store data safely. To do this, it […]
Dfinity Takes to AMA Reddit to Answer Questions on ICP Price Dip and Internet Computer Privacy
4 hours ago by Kofi Ansah · 3 min read
Dominic Williams, DFINITY Founder. Photo: DFINITY / Medium Share this article
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Dfinity team’s goal is to ensure that the Internet Computer is fully decentralized and not controlled by Dfinity or anybody else
Dfinity has responded to critics of its Internet Computer protocol’s (ICP) decentralization and privacy concerns on Reddit yesterday. Dfinity, the crypto and research team behind ICP in wake of the recent attack on their protocol, used the “Ask Me Anything” (AMA) feature on Reddit to reassure investors and the crypto space that, its project’s foundation does not have control over the majority of voting power, stressing on the decentralization feature, stating that it is a priority for the network as it moves forward. Internet Computer’s price at press time stood at $122.48, do
The Dfinity Foundation has announced the launch of an Internet Computer Developer Ecosystem Program to support development on the decentralized global network.
Internet Computer (ICP) Price Keeps Increasing, Dfnity Reveals More Details on Network Nervous System (NNS)
3 hours ago by Oluwapelumi Adejumo · 3 min read
Photo: DFINITY / Medium
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Available data from Coinmarketcap shows that the ICP token is currently trading at $150 and it also ranks among the top 10 crypto assets by market cap
A recently launched crypto project Dfinity’s Internet Computer Protocol (ICP), which recent success has caught the eyes of crypto enthusiasts has revealed the launch of a new key feature which is known as the Network Nervous System (NNS). Per the announcement, the NNS is “an open algorithmic governance system that oversees the network and the token economics that make it possible to build DeFi and dapps, open internet services, and enterprise systems that are capable of operating at hyperscale.”
Best New Cryptocurrency to Buy 2021 May 2021 Week 3
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Last Updated: 24 May 2021
Internet Computer Token (ICP) is possibly the best new cryptocurrency to buy at the moment. Launched only on May 10, 2021, it has since become the ninth biggest coin by market cap, rising from $0 to as high as $640 on its opening day. It has since declined to $130, yet remains one of the most watched cryptocurrencies by traders.
What is Internet Computer Token?
ICP is the native utility token of Internet Computer, a public blockchain built by Zug-based developers DFINITY. DFINITY has designed Internet Computer as a distributed platform capable of running software on the internet. In other words, Internet Computer aims to replace traditional cloud-based servers with a more decentralized internet, on which applications, software and social networks can be developed and run without centralized control.