[ANN] Dfinity Network - The Decentralized Cloud

[yurez]

Achieving Consensus on the Internet Computer

The asynchronous finalization of the platform’s novel consensus protocol is unbelievably fast — finality happens in less than a second.
By Manu Drijvers, Engineering Manager (Consensus) | DFINITY

Security and reliability are essential to the vision of the Internet Computer — a blockchain computing platform that extends the functionality of the public internet so that it can host software, making next-generation dapps and open internet services possible.

Details on: https://medium.com/dfinity/achieving-consensus-on-the-internet-computer-ee9fbfbafcbc

[chandlerbling]

https://twitter.com/dominic_w/status/1393797028660932609

Cost of 1GB of smart contract data...

Ethereum:
2016....$5.5M
TODAY....$236M (!)

Internet Computer:
New internet-scale blockchain
$5/GB/year  

https://twitter.com/dominic_w/status/1393784948264370179
ICP (Internet Computer)
2-5 seconds  

ADA (Cardano)
2 minutes

ETH (Ethereum)
10 minutes

BTC (Bitcoin)
60 minutes

The technology behind ICP has enormous potential & it's sad when a good project is destroyed by greed.

[icpReboot]

https://www.youtube.com/watch?v=2vprRqTCjn0
A New Technology Stack? Introducing the Internet Computer: DFINITY - Dominic Williams
20 Aug 2018

Great explanation from Dom.


ICP making more sense now...
Its not a Blockchain project but you get all the properties of a Blockchain...
its a Decentralized computing network..

"Hey'a good people, you might want to check out the open community we've created called ICP Reboot. It was formed after experiencing significant deception, immense frustration, and lack of communication from Dfinity.

We are a community-driven project founded by people who were once part of the Dfinity community from inception and they are now part of an amalgamation of volunteers working for ICPR.

In comparison to Dfinity, ICPR will first be represented as an ERC-20 token in an open and honest format. ICPR will run on a truly democratic decentralized governance system in which members decide how to fork and improve upon this protocol while retaining flexibility on the direction of the network.

Instead of what happened with ICP, where the Dfinity team controlled over 50% of token supply, ICPR intends to have a fair and fully decentralized distribution of its tokens. One of the core principles is to achieve justice by reallocating tokens that the foundation held and unlocking tokens that the actual owners were denied access to.

Join our channel and shoot us your impressions! https://np.reddit.com/r/icpReboot/"

[icpReboot]

Achieving Consensus on the Internet Computer

The asynchronous finalization of the platform’s novel consensus protocol is unbelievably fast — finality happens in less than a second.
By Manu Drijvers, Engineering Manager (Consensus) | DFINITY

Security and reliability are essential to the vision of the Internet Computer — a blockchain computing platform that extends the functionality of the public internet so that it can host software, making next-generation dapps and open internet services possible.

Details on: https://medium.com/dfinity/achieving-consensus-on-the-internet-computer-ee9fbfbafcbc

ICP is a good project, but Dfinity ruined everyone's trust. The project had enormous potential; one that Dfinity failed to realize hence, easily turning its Coinbase listing into a rug pull, dumping the whole community.

We built a new community divorced from #Dfinity to give #ICP its own rights. With this, ICP may still have better, transparent days. Join us as we fight for a truly decentralized ICP https://np.reddit.com/r/icpReboot/

[icpReboot]

a really huge project,it is a pity to miss the early brid

Not really but good thing you missed the rug pull. ICP is a good project, but Dfinity ruined everyone's trust. The project had enormous potential; one that Dfinity failed to realize hence, easily turning its Coinbase listing into a rug pull, dumping the whole community.

We built a new community divorced from #Dfinity to give #ICP its own rights. With this, ICP may still have better, transparent days. Join us as we fight for a truly decentralized ICP https://np.reddit.com/r/icpReboot/

[Daltonik]

DFINITY Foundation (Internet Computer), announces the start of work on the direct integration of an Internet computer with the bitcoin blockchain. The proposal was published on September 15, 2021. It was approved by 96.55% of the holders of neurons from among the voting participants. https://medium.com/dfinity/motion-proposal-to-integrate-bitcoin-with-the-internet-computer-is-approved-95b00e1dcc9c

[mike5456]

total scam coin. down 90%. Creator threatened to sue people on Reddit for trashing the project.

[dklord89]

I don't think we'll see this prices ever again, I've been DCAing since september of 2021, my average entry price is 46 usd and I do believe that BTC, ETH and ICP will be the holy trinity in crypto.

The FUD against ICP is huge, like when ETH first came out, and the price is being suppressed right now and the massive short at launch was due the high volatility of the futures trades on FTX, the Solana circuit and any other L1's maximalist are aware that ICP will make them useless and irrelevant in no time. ICP is 5-6 years ahead of the competition in high scalability, low-cost, fast finality, blocks per second. ETH-ecosystem, BTC-ecosystem love Dfinity, it welcomes Dfinity. Dfinity gives bitcoin, ethereum superpowers.

Also ICP is fully operational and can run ANY code on their chain, you can create dapps front & back-end hosted in the Internet Computer, instead of centralized altcoins dapps hosted in AWS. It's also cheaper and developers will migrate to ICP due lower running costs and the direct integration with Bitcoin and Ethereum (no more wrapped BTC/ETH).

Seriously, the tech is there, if someone takes 10 minutes lurking Dfinity, you will know that this is like buying BTC at 1K or ETH at 250 usd.
https://sdk.dfinity.org/docs/developers-guide/work-with-languages.html

Besides, check this VC behind Dfinity:
https://www.villageglobal.vc/portfolio/dfinity/
And check who is backing that VC:
https://www.villageglobal.vc/network/

I am not a paid shill, do your job and do your research, and don't let all the inorganic paid fud from literally all the competition prevent you from owning the last chance to make it with crypto.

Check this table so you can compare with other blockchains:
https://i.imgur.com/rQxh6eq.jpg

[budlo]

At the moment i don't see how the project will be able to provide something more than solana or another evm blockchain or cosmos blockchain. Of course the blockchain is not yet following the EOS path but when other blockchain's show many new WORKING projects, then we just have to wait.

[polylogic]

I don't think we'll see this prices ever again, I've been DCAing since september of 2021, my average entry price is 46 usd and I do believe that BTC, ETH and ICP will be the holy trinity in crypto.

The FUD against ICP is huge, like when ETH first came out, and the price is being suppressed right now and the massive short at launch was due the high volatility of the futures trades on FTX, the Solana circuit and any other L1's maximalist are aware that ICP will make them useless and irrelevant in no time. ICP is 5-6 years ahead of the competition in high scalability, low-cost, fast finality, blocks per second. ETH-ecosystem, BTC-ecosystem love Dfinity, it welcomes Dfinity. Dfinity gives bitcoin, ethereum superpowers.

Also ICP is fully operational and can run ANY code on their chain, you can create dapps front & back-end hosted in the Internet Computer, instead of centralized altcoins dapps hosted in AWS. It's also cheaper and developers will migrate to ICP due lower running costs and the direct integration with Bitcoin and Ethereum (no more wrapped BTC/ETH).

Seriously, the tech is there, if someone takes 10 minutes lurking Dfinity, you will know that this is like buying BTC at 1K or ETH at 250 usd.
https://sdk.dfinity.org/docs/developers-guide/work-with-languages.html

Besides, check this VC behind Dfinity:
https://www.villageglobal.vc/portfolio/dfinity/
And check who is backing that VC:
https://www.villageglobal.vc/network/

I am not a paid shill, do your job and do your research, and don't let all the inorganic paid fud from literally all the competition prevent you from owning the last chance to make it with crypto.

Check this table so you can compare with other blockchains:

very well said, my thoughts exacly
give it some time, need to build

[Daltonik]

Dfinity has announced the launch of a cross-chain bridge called Terabethia based on the L2 StarkWare solution that will allow interacting with Ethereum-based assets on the Internet Computer network. I think this will open up additional opportunities for the Dfinity project in terms of creating and using new products.
https://www.coindesk.com/tech/2021/12/24/dfinitys-internet-computer-opens-ethereum-bridge/

[Daltonik]

The DFINITY Foundation announced the launch of the first dex on the Internet Computer network, which was named Sonic. DEX provided support for ICP tokens, Wrapped ICP (WICP) and Cycles Token (XTC) of the Internet computer ecosystem, as well as a liquidity pool for the WICP/XTC pair.

[Daltonik]

Huobi Incubator announced a strategic partnership with DFINITY to develop Web3 technology using Internet Computer, within which the companies will hold a global hackathon with a grant fund of $ 1 million. New projects based on Internet Computer technology will also receive support, meaning the following technological innovations such as decentralized Web3 applications, DeFi, games, NFT, social network and metaverse projects.

Recently, major players in the crypto market have been actively investing in the development of web3 technologies and metaverse ecosystems, and Huobi has not been left out.

[yurez]

The wormholecrypto hack and others like it show that cross-chain bridges are inherently vulnerable.

The ICP-BTC integration bypasses bridges entirely. Imagine a DEX where tokens stay on their chains.
https://usethebitcoin.com/what-bitcoin-smart-contracts-will-mean-for-defi/

[yurez]

DFINITY Developer Grant Program Awards Grants to Over 150 Internet Computer Projects

The grants support the building of Web3 dapps, DeFi, games, NFTs, social media, metaverse projects, and tooling and infrastructure.
The Developer Grant Program makes the Internet Computer accessible and approachable by providing support to promising developers and teams located around the world.
https://medium.com/dfinity/dfinity-developer-grant-program-awards-grants-to-over-150-internet-computer-projects-d2f8973d02e4

[Interesting02]

Seeds sell at start with x10..0 of profit then dump hard.
The service can and will live, but the coin is useless.
Forget it.