October 11th, 2024
ICP News
Discover the latest ICP news to understand how the Internet Computer ecosystem is revolutionizing the Internet by decentralizing the online space. Stay updated with tech advancements in the ICP network and see how the platform’s ambitious plan to move the entire internet to a decentralized infrastructure powered by blockchain technology offers significant potential benefits for smart contracts and decentralized applications.
AI Coins See $4.7 Billion Rout since Start of October, More Pain Ahead?
By Bhushan Akolkar
October 3rd, 2024
The broader crypto market saw a sharp downturn in early October, with AI and big data tokens losing $4.7 billion in market cap within three days.
Qubetics Makes Impression as New Crypto Presale, Internet Computer, and Toncoin Target Large-Scale Investors
By Hanna Zhukova
October 2nd, 2024
Qubetics made immense new crypto presales and has entered a second stage. Is it likely to increase the crypto value several times over the next few years?
AI-Related Crypto Tokens Down as Nvidia Stock Tumbles on Wednesday
By Steve Muchoki
September 4th, 2024
The US semiconductor-related stock prices tumbled in the past 24 hours on reports of regulatory oversight, thus impacting the entire AI-related crypto projects.
AI Tokens Market Cap Surges Nearly 80% to $32B as Investor Sentiment Improves
By Leon Okwatch
August 27th, 2024
The anticipation of Nvidia’s Q2 earnings report on August 28 has further fueled this positive sentiment.
Privacy Coin Monero (XMR) Outperforms Market, Up 4%: $170 Soon?
By Anisha Pandey
August 2nd, 2024
Meanwhile, Monero confirmed that it is collaborating with Cake Wallet, adding that the integration of Monero into Keystone Hardware Wallet has commenced.
Ripple CEO Says XRP Index from CF Benchmarks Will Fuel Adoption
By Godfrey Benjamin
July 12th, 2024
CME Group announced that the new XRP and Internet Computer reference rates are designed to provide the US dollar price of each digital asset.
UNDP Partners with DFINITY Foundation to Advance Digital Identity Solutions
By Anisha Pandey
July 3rd, 2024
DFINITY’s native crypto token Internet Computer (ICP) is currently trading around $7.62, up by over 70% in the last year.
Aptos and Internet Computers Dip Below $10 as Investors Seek 580% Presale Gains in WW3 Shiba
By Svetlana Soroka
June 25th, 2024
WW3 Shiba (WW3S), an upcoming meme coin that will bring SocialFi and GameFi under one roof, has emerged as one of the best crypto investments.
ICP Unveils Verified Credentials for Data Control in Web3
By Godfrey Benjamin
June 18th, 2024
ICP permits developers to build and run services and enterprise systems directly on a public blockchain network with unprecedented scalability.
Bithumb Lists ICP, Network Achieves New Milestone
By Anisha Pandey
June 12th, 2024
Dfinity confirmed that ICP surpassed 2.5 million Internet Identities.
Launched in 2021 by the Swiss-based not-for-profit organization DFINITY Foundation, Internet Computer Protocol ICP $8.24 24h volatility: 2.5% Market cap: $3.89 B Vol. 24h: $109.36 M aims to fundamentally change internet infrastructure through decentralization. ICP hopes to do this by powering a distributed framework for online services and applications instead of simply focusing on cryptocurrency.
The DFINITY Foundation created the Internet Computer Protocol platform to democratize the Internet by introducing a decentralized infrastructure based on blockchain technology. The aim is to oversee a gradual shift away from traditional and centralized cloud servers. Decentralizing the internet enables developers to create applications, websites, and related services that function entirely on the blockchain and eliminates the need for giant tech intermediaries like Google Cloud or Amazon Web Services.
The Internet Computer network functions through an extensive network of data centers and independent nodes. This structure ensures heightened security because it reduces the likelihood of single points of failure. The model also significantly improves scalability, allowing the network to process vast amounts of data simultaneously while maintaining performance and integrity. On the ICP decentralized cloud, developers can build and deploy smart contracts and decentralized applications (dApps) that can comfortably cater to millions of users.
The ICP ecosystem uses a decentralized form of governance that empowers token holders to participate in the decision-making process. Users suggest new features and propose upgrades, ensuring that ICP remains decentralized, with growth and development solely in the hands of its community.
Explore our Internet Computer Protocol (ICP) guide which contains extensive details about the blockchain, how it works, and some of its great features.
Click to see more
FAQ on ICP News
What is the Internet Computer Protocol?
The ICP is a network launched to decentralize the Internet and provide a distributed framework for online services. It facilitates an open and secure ecosystem by enabling developers to build and deploy software without traditional centralized structures.
Who is standing behind ICP?
ICP was developed and launched by the DFINITY project, founded by Dominic Williams.
Is ICP coin a good investment?
Experts agree that there is a lot of potential in the ICP project, which could push its token to impressive heights. However, any user interested in ICP investments must conduct their research.
Is ICP a stablecoin?
ICP is not a stablecoin. However, the ICP ecosystem features Cycles, a type of token created by burning ICP. Cycles are a stable currency used to pay for network transactions and other computational functions.
