Internet Computer (ICP) — this is an ultra-ambitious project that aims to rebuild the internet into one huge decentralized computer.
Here's what you need to know in a nutshell:
· Essence: Replacement of traditional clouds like AWS with blockchain, where websites and applications operate directly, without servers. The goal is to dismantle the monopoly of IT giants and make Web3 a reality.
· Technologies: Uses its unique Chain Key Technology for insane speed and infinite scalability. Smart contracts ("cans") can serve the frontend themselves. There's a cool feature — "reverse gas," where the commission is paid by the developer, not the user.
· Token ICP: This is not just a coin. It is needed for staking and governance through DAO (NNS), for payment of computations and rewarding nodes.
The project is a tech monster with a strong team and backing from DFINITY Foundation. If they execute their vision, it could turn the entire industry upside down. But that's a very big "if".
