Internet Computer
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Information about Internet Computer (ICP)
Internet Computer Protocol is a decentralized blockchain platform capable of operating, building, and managing data networks by combining the computing power of nodes running on servers worldwide. DFinity organization wants to create an Internet Computer to apply the power of blockchain to the task of data centers.
Internet Computer was created to solve the problems of today’s data center systems, that is, the ability to secure information and the monopoly of cloud computing service providers. Using the Network Nervous System (NNS) administration system, the Internet Computer Protocol allows users and developers to determine data access and management. This will ensure that server developers, such as Google and Facebook, do not compromise user information.
Internet Computer Protocol operates on a Proof-of-Stake consensus mechanism, allowing the platform to maintain decentralization and ensure security and resistance to attacks from attackers. These features have made the Internet Computer Protocol successful in attracting many investors who believe in the potential of this project and join in financing its development.
Internet Computer Token (ICP) is a utility token on the Dfinity blockchain platform, used for the following purposes:
- Vote on proposals or receive rewards based on participation in the governance process.
- Pay transaction fees when a user interacts, creates, or uses an application on the platform.
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