Internet Computer
Internet Computer (IC) is the world’s first blockchain that is capable of running at web speed at unrestrictive capacities. Built by the DFINITY Foundation, IC aims to recreate the web by supporting smart contract development at scale and changing the way people can interact using web services. Internet Computer aims to extend the public internet, so that it can be the world’s computing platform, in a decentralized manner. Internet Computer sets to revolutionalize the design of the crypto economy, with an aim to overhaul traditional software services.
The project was founded in October 2016 by Dominic WIllams and have raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital and such. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking it a major milestone for ICP as it means the internet now functions as a decentralised global computer. This is marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token that allows tens of thousands of community members to govern the Internet Computer network.
ICP is Internet Computer's native token. It plays three prominent roles:
1. Network Governance: Users that participate in the governance will be rewarded with ICPI
2. Production of Cycles for Compute: ICP can be converted into cycles where it is used as the transaction fee to access the network. Cycles are burned after used.
3. Rewarding Users: ICP is used as the rewards to incentivize users to participate in the network such as securing the network.
by COINS NEWS - 2 years ago
Why Dfinity/Internet Computer? Because I did my research and although I don't think it's amazing, it does seem like it does what it says on the tin. People seem to like it, and it's fast (due to centralization and ridiculously specific re...
Cryptocoins News / The Cointelegraph - 2 years ago
AMC Entertainment and renowned NFT artist Damien Hirst are airdropping NFTs to fans and collectors. AMC Theatres is planning a nonfungible token (NFT) promotion to ce...
by COINS NEWS - 2 years ago
Happy to announce the icp seems to be on the move after losing a ton of money buying it at the top. It’s up like 13% today or something and I really thought in may icp was going to be the fucking bees knees. But here we are almost everything in the m...
Cryptocoins Exchanges / Binance - 2 years ago
I think the most people can agree that ICP got some strong issues, why they are not getting suspended for trading if we all know people are losing a tons of money on it beceause early investors are constantly dumping every minted token or amount they...
Cryptocoins News / CoinJournal - 2 years ago
MATPAD, the native token that powers MaticPad, an accelerator platform, has registered 200% gains in 24 hours
MaticPad has had a strong rally in the past 24 hours and is currently trading at $0.14, showing a strong recovery. The token might reach and...
by COINS NEWS - 2 years ago
2018 was the date DFINITY, the company behind ICP, was planning to launch their project which had the goal to reduce the costs of cloud services by creating a decentralized "internet computer". 3 years later, in 2021, the project was finall...
by COINS NEWS - 2 years ago
The NY Times wrote an interesting take on it. Basically accusing other big money from investing huge amounts of money just for the IPO. Soon as it mooned these folks bailed leaving regular folks holding the bag. Many folks in the cryptoverse suspect...
Cryptocoins Exchanges / Binance - 2 years ago
Some one tells me that we can buy icpll crypto in Binance, but I cannot find this crypto. It is supposed to be the second generation of ICP crypto. We must first by one eth in order to buy this icpll. I thought this is a scam, so I did not continue....
Cryptocoins News / CoinJournal - 2 years ago
Internet Computer is busy redefining how the public internet will function one day and its no surprise that the ICP token is registering a strong rise with investors rallying behind it
Internet Computer (ICP) has risen by more than 10% in the last 24...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin is facing stiff resistance at the 200-day SMA but if bulls can clear this hurdle, LTC, ICP, THETA, and FTT may extend their relief rally. Bitcoin’s (BTC) rally...
by COINS NEWS - 2 years ago
ICP = -3% The only two coins performing worse are TEL = -4.3% and r/CC's absolute favorite, SAFEMOON, down 15%. ICP stays shitting the bed. It's incredible really. I to this day don't know why anyone has faith in it given the tokenomics,...
by COINS NEWS - 2 years ago
Just thought I’d come here to say I’m one or the people that bought close to the top and it sucked. I guess that’s why we’re supposed to do our own research. Just wanted to come here and say you’re not alone. But Hopefully we can all heal and recover...
Cryptocoins News / The Cointelegraph - 2 years ago
ETH, ICP, AAVE and LUNA could rally higher over the coming days if BTC funds support above the 50-day moving average. Bitcoin’s (BTC) recovery is facing stiff resistan...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin may pick up momentum in the next few days and select altcoins ETH, UNI, ICP, and AAVE could also rally along. In a recent CNBC survey of a group of portfolio m...
by COINS NEWS - 2 years ago
ICP founder Dominic just announced on Twitter that he intends to start another coin to "supplement ICP". He goes on to say that value from this second coin (called Badlands) will then be used to give value to ICP. This closely resembles a p...
by COINS NEWS - 2 years ago
A Summary of Arkham Intelligence’s Takedown of ICP Link to the article ICP dropped from it’s ATH of $730 to $30 It ascended to the 3rd most valuable crypto asset DFinity is the company behind ICP On-Chain Analysis The addresses in questi...
by COINS NEWS - 2 years ago
& & & & & I invested in dfinity 3.5 years ago in the private sale and I've been trying my best to get answers but Dfinity doesn't answer questions that might make them look unsavory or require them. I don't know how to properly organize...
Cryptocoins News / The Cointelegraph - 2 years ago
The long-awaited rebound came as the community accused the Internet Computer team of dumping $6 billion worth of ICP tokens. Internet Computer (ICP) rose to spotlight...
by COINS NEWS - 2 years ago
I'm not sure if everyone has heard of this coin but checkout ICP charts, it went as high as 2800 on listing day and now sits around 30-40 dollar range. Even if you buy now, there are early investors that bought at $0.03 (someone correct me if I a...
by COINS NEWS - 2 years ago
I honestly cannot think of a coin that was anywhere near this high of market cap and plummeted so much. Yes, one can argue ICP launched just as a bear market started, but hardly any coins in the top 100 by market cap fell anywhere near this amount. I...