Building a Decentralized Web
It is a halal crypto currency.
Internet Computer (ICP) is a set of protocols launched in 2016, aiming to create a network of independent data centers that power a scalable and censorship-resistant internet. Here’s a look at its core functionalities:
- Decentralized Alternative to Cloud Computing: ICP envisions a world where web services can run on a network of independent data centers, eliminating reliance on centralized cloud providers.
- Subnet Architecture: The network is divided into subnets, which are essentially independent blockchains optimized for specific tasks.
- Chain Key Technology: ICP utilizes Chain Key Technology, a cryptographic system that ensures the security and integrity of the network.
- ICP Token: The native token, ICP, is used to power computation on the network and participate in its governance.
- Potential for Disruption: If successful, ICP has the potential to disrupt the traditional internet landscape by offering a more decentralized and censorship-resistant alternative.
A Complex Project with Ambitious Goals:
Internet Computer is a technically complex project with ambitious goals. While it offers a unique vision for the future of the internet, its long-term viability and real-world adoption remain to be seen.