ICP big pump attracts follow Dfinity can lead the new wave of Web3

robot
Abstract generation in progress

A new wave of crypto market climax is coming, can Dfinity lead the new trend?

Recently, the crypto market has entered a bullish cycle again, with Bitcoin breaking through $64,000 to reach a new high, while other mainstream tokens and altcoins have also surged. During this bull market, a project named ICP suddenly jumped to the third position in market capitalization, attracting widespread attention in the market.

ICP, short for Internet Computer Protocol, is a project developed by the Dfinity Foundation. Dfinity is not a new project; it was established back in 2015 and was once regarded as one of the "Four Great Kings" of the blockchain. However, after 6 years of development, it has still not officially launched its mainnet.

Dfinity's vision is to create a global distributed internet computer system, reshaping internet infrastructure to become a distributed cloud computing platform. In the Web 3.0 ecosystem, Dfinity, along with public chains such as Ethereum and Polkadot, as well as storage projects like FileCoin, forms the underlying infrastructure.

Dfinity implements its distributed computing platform through core components such as the neuron network system ( NNS ), containers ( Canister ), and transaction fees ( Cycles ). NNS is responsible for platform governance, containers are similar to smart contracts for running applications, while Cycles serve as a stable unit of transaction fees.

Currently, there are some representative projects in the Dfinity ecosystem, such as the decentralized social media Capsule, Fleek for migrating Ethereum applications, and the encryption communication application OpenChat. With the mainnet about to go live, global investors and developers are closely watching this innovative project.

The implementation of Dfinity means that the underlying infrastructure of the decentralized world is basically completed. Ethereum, Polkadot, and others have formed mature DeFi and NFT ecosystems, FileCoin provides decentralized storage, while Dfinity is expected to achieve a similar level of experience for blockchain applications as traditional internet applications.

A user-centric and personal data-centric decentralized era is on the way. Whether Dfinity can realize its vision of changing the world, we will wait and see.

ICP-3.9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
PessimisticLayervip
· 07-29 03:36
ICP is really great, let's go go go!
View OriginalReply0
TokenEconomistvip
· 07-27 03:05
actually ICP's tokenomics is still fundamentally flawed...
Reply0
RumbleValidatorvip
· 07-26 05:06
Node stability is the key. Let’s be honest about how many TPS you can run.
View OriginalReply0
CryptoWageSlavevip
· 07-26 05:01
Here we go again, be played for suckers.
View OriginalReply0
LuckyBearDrawervip
· 07-26 05:00
Oh no, it's rising crazy again!
View OriginalReply0
PonziDetectorvip
· 07-26 04:41
The project is going to Be Played for Suckers again.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)