DFINITY - TOP ALTCOINS TO BUY 2023 @ 99% DISCOUNT _ INTERNET COMPUTER _ ICP Price Prediction
Crypto Never Sleeps
DFINITY - TOP ALTCOINS TO BUY 2023 @ 99% DISCOUNT | INTERNET COMPUTER | ICP Price Prediction
00:00 Introduction 01:42 ICP Price 02:07 Who Are the Founders of InInternet Computer? 05:08 What Makes InInternet Computer Unique? 05:54 ICP News 07:07 ICP Price Prediction 07:55 My thoughts
Bitcoin achieved decentralization of monetary value via a decentralized peer-to-peer cash system. The Internet Computer Protocol (ICP) hopes to accomplish something similar with the internet itself.
The goal of Dfinity who initiated the InternetComputer is to create a decentralized internet. Rather than having a handful of centralized servers host much of the crucial infrastructure — as is the case today — ICP envisions a new internet run by independent data centers the world over.
The developers behind ICP crypto claim that their network has several advantages over the centralized model. Let's take a look at these benefits in this video.
Who Are the Founders of InInternet Computer?
Dfinity is not new. It was initially conceived of in 2015 and In 2018, Dfinity raised $102 million in a crypto token sale. The brain behind Dfinity is Dominic Williams, and he started working on the Internet Computer project in 2016. In May 2021, the organization successfully introduced the ICP to the world.
The Internet Computer blockchain was developed by the DFINITY Foundation, headquartered in Zürich, Switzerland, which runs R&D centers in Switzerland and California, and remote teams worldwide.
The idea for Dfinity was inspired by the vision of a blockchain computer first promoted by Ethereum. In looking at Ethereum and other major blockchains the founding team at Dfinity created a proposal for a decentralized blockchain network capable of running the next generation of open internet services and software.
They ignored for the time being any discussion of mining or staking, or of distributing a new financial instrument. Rather than trying to create a better Bitcoin or a better Ethereum they focused on building the best version of their own vision.
The current internet runs on IP or internet protocol, however Dfinity is introducing a new standard they call ICP, or Internet Computer Protocol. The new ICP system will allow developers to move not only data across the internet, but actual software platforms as well. Software and applications do need a computer to run on, but why not make that computer the entire internet?
That’s the vision of Dfinity. Rather than running apps on a dedicated server owned by Alphabet or Microsoft, the Dfinity vision would create software that can freely move to any server on the network. With Dfinity these servers exist in independently owned data centers scattered around the world. In essence it will mean that apps now run everywhere.
The independent data centers that run the Dfinity network will be compensated in tokens for running the code on their servers, however they won’t have access to any of the data, making it impossible for them to collect and sell data to third parties like advertisers. This will return the ownership of private data to the private individuals.
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