What is Internet Computer (ICP)? | Internet Computer Crypto Explained in Under 60 Seconds

3 years ago
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internet computer icp crypto internet computer crypto icp coin icp token dfinity

What is Internet Computer (ICP)?

The Internet Computer (ICP) is the first blockchain that runs at web speed with unbounded capacity. Provides a powerful software framework & expands the functionality of the public internet.

The Internet Computer is powered by its native utility token (ICP). Used for governance, production of cycles and rewarding network participants.

â–¶ Search Token Name or Symbol http://cryptodefirevolution.com/

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DFINITY is the foundation developing technology for the Internet Computer blockchain. They aim to rebuild systems & services using smart contracts to create ‘blockchain singularity’.

Internet Computer Protocol (ICP) is the advanced decentralized protocol that forms The Internet Computer. Individual computer power is combined to provide the internet with smart contract level security.

Chain Key Technology enables the Internet Computer to operate at web-speed using advanced technology such as novel Consensus, Random Beacon, Network Nervous System, etc.

Motoko is the open source programming language developed by DFINITY for advanced smart contract work, scalable dapps, and decentralized services.

WEBSITE: https://dfinity.org/

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