Internet Computer is designed to store data, facilitate application development, and enable network interoperability. In this article, as Kriptokoin.com, “What is Internet Computer?” We will answer the question. In addition, we will touch on other questions about the project.
What is Internet Computer? What does it do?
DFINITY is the blockchain organization that created the Internet Computer Protocol (ICP), a public blockchain network designed to replace the traditional IT stack and agentless commercial cloud services. According to DFINITY, Internet Computing Protocol will be the first scaling, cloud-like blockchain platform that can host internet services, websites and financial systems created using smart contracts only (and no external free proprietary systems).
What is ICP coin?
ICP coin is the native token of Internet Computer. The token is also the name of the native Internet Computer cryptocurrency. It is a utility token designed to empower the network and encourage users to participate in its vision of decentralization. When the project was launched last May, 469,213,710 ICP tokens were minted. New tokens are created each time users are rewarded.
How does Internet Computer work?
Internet Computer is built on a new decentralized protocol known as Internet Computer Protocol (ICP), which combines aggregate computing power from multiple computer nodes to produce a single unified computing platform capable of supporting applications of all scales and complexity.
With the project, smart contracts are separated as individual applications or functions. It is broken down into secure code units known as “boxes”, which are computational units that function as add-ons. In addition, end users can interact with these boxes via an entry point. User experiences are very similar to today’s internet.
Unlike the traditional Internet, Internet Computer does not rely on centralized infrastructure. Instead, it will host and serve applications and data directly on the chain. At its base layer, a network of data centers can initiate nodes running the ICP protocol. These nodes can then be organized into subnets that are used to host software boxes that users can interact with, which will become part of their web experience.
What is Internet Computer? How to get ICP coin?
Internet Computer is currently traded on a small number of cryptocurrency exchanges. In addition, people who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges where Internet Computer is traded are listed as follows: Binance, OKX, Bitget, BTCEX. Users who want to invest in the project should open an account on one of these exchanges.
