Internet Computer (ICP)
- Official Website: dfinity.org
- Definition: Internet Computer is a blockchain-based computing platform aiming to replace traditional IT infrastructure.
- Category: Blockchain, Layer 1 chain, Cryptocurrency.
- What It Is: A decentralized cloud computing platform for hosting websites, apps, and services.
- Function: Enables decentralized hosting and computation without traditional servers.
- Analogy: Think of Internet Computer as a decentralized internet. It’s like the cloud but without centralized control.
- Pros: Decentralized, scalable, innovative.
- Cons: Complexity, competition from traditional cloud providers.
- Controversies: Token price volatility, criticism of decentralization claims.
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This page was last updated on January 28, 2025.
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