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