What is Internet Computer?
The Internet Computer is a decentralized platform that allows organizations and individuals to interact with each other and utilize various applications and software. It functions similarly to centralized web platforms such as Google or Yahoo, but with the added benefit of being decentralized. This means that it is not controlled by any single entity and is instead managed by a network of individuals.
One of the main advantages of the Internet Computer is its speed, large data capacity, and security. It is also highly independent, which makes it a strong competitor to centralized web platforms. Developers can easily create and deploy software on the Internet Computer blockchain, which helps to expand the network and the applications that run on it.
The native cryptocurrency of the Internet Computer is called ICP. It is used to power the network and can also be staked to secure delegated decision-making power. DeFi (decentralized finance) applications can also be built on the scalable Internet Computer platform.
One of the unique features of the Internet Computer is that it does not rely on a cloud system to operate. Instead, it runs on its own independently established hardware network, which is managed by individuals. This increases security while still maintaining true decentralization. The price of ICP can be found on Kriptoks and is updated regularly.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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