Market Cap
$4,712,952,121.0
Fully Diluted Valuation
$5,136,040,641.9
24 Hour Trading Vol
$222,063,803.0
Circulating Supply
480,040,503.9
Total Supply
529,488,726.0
Max Supply
∞
Internet Computer Price
$9.70
24h Range
$9.37 - $10.16
Percent Change 1h
-0.22%
Percent Change 24h
-4%
Percent Change 7d
-3.48%
All-time high
$700.65
All-time low
$2.87
1D
7D
1M
1Y
All
The Internet Computer (ICP) is a groundbreaking decentralized blockchain protocol developed by the DFINITY Foundation. Launched in May 2021, its primary goal is to extend the public internet, allowing it to serve as a global computing platform. ICP aims to enable developers to build, host, and run software applications without the need for traditional IT infrastructure, such as servers and cloud services. This revolutionary approach enhances scalability, security, and efficiency, while reducing costs associated with centralized computing resources. By facilitating smart contracts and decentralized applications (dApps), the Internet Computer empowers a new era of internet functionality, where users can interact with applications directly on the network itself.
The Internet Computer was founded by Dominic Williams, who is also the Chief Scientist of the DFINITY Foundation. Williams, a computer scientist and entrepreneur, has been pivotal in the development of the project. He envisioned a decentralized internet that would allow developers to create applications without relying on centralized entities. Under his leadership, the DFINITY Foundation has attracted a team of talented engineers and researchers, working collaboratively to bring the Internet Computer to fruition. The foundation has also garnered substantial investment, further fueling the development of this innovative technology.
The Internet Computer operates through a unique architecture that combines various components, including chain key technology and canisters. At its core, it consists of a network of independent data centers that host nodes, which run the Internet Computer Protocol. These nodes work together to create a scalable, secure, and efficient environment for executing smart contracts and dApps.
Smart contracts on the Internet Computer are packaged into units known as "canisters." Canisters contain both code and state, enabling them to execute complex logic and store data persistently. Developers can deploy canisters directly onto the Internet Computer, allowing the applications to run autonomously without intermediary servers. This decentralized model enhances security, as there is no single point of failure.
The Internet Computer also utilizes a novel consensus mechanism called "Threshold Relay," which enables rapid transaction processing and high throughput. This mechanism ensures that the network remains efficient even as it scales, supporting a large number of users and applications simultaneously. The protocol's design enables users to access applications directly through their browsers, without needing to download specific software, making it more user-friendly.
The Internet Computer supports various use cases, revolutionizing how applications are built and deployed. Some of the top use cases include:
Ensuring the safety of your Internet Computer (ICP) assets and applications requires a combination of best practices and security measures:
Investing in Internet Computer (ICP) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Internet Computer: Once your account is funded, you can purchase Internet Computer directly from the exchange. Choose the desired amount and complete the transaction.
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Internet Computer (ICP) is currently trading at $9.70 and exhibits good potential for future growth. Check the latest Internet Computer (ICP) price prediction.
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